Entries for July 2008
Federal Reserve is taking steps to break through the credit clogsJuly 31, 2008
by Jeannine Aversa
The Associated Press
Focused on getting the nation’s credit gears smoothly working again, the Federal Reserve is letting Wall Street firms draw emergency loans into next year and giving financial companies more options to help th...
Mortgage relief bill signed with little fanfareJuly 31, 2008
by Jennifer Loven
The Associated Press
President Bush signed a housing bill Wednesday intended to rescue about 15 percent of the cash-strapped homeowners in fear of foreclosure in the next year or so.
Early in the morning and out of public view, t...
Houston projects year-end surplusJuly 31, 2008
by Kim Hogstrom
Daily Court Review
The City of Houston is projecting a year end surplus of $22.6 million, up $10 million from last month’s report, according the most recent financial reports reviewed during Wednesday’s city council meeting.
"On th...
Hutchison takes Stevens' seatJuly 31, 2008
The Associated Press
Sen. Kay Bailey Hutchison of Texas is filling in for indicted Sen. Ted Stevens as the top Republican on a key Senate committee.
Hutchison will serve as ranking Republican on the Senate Commerce, Science and Transportation Commi...
Federal Reserve is taking steps to break through the credit clogsJuly 31, 2008
by Jeannine Aversa
The Associated Press
Focused on getting the nation’s credit gears smoothly working again, the Federal Reserve is letting Wall Street firms draw emergency loans into next year and giving financial companies more options to help th...