A couple of articles ...From Eric Wolfe at the North County Times: REAL ESTATE: Banks lowering [Property Tax] delinquency rates Property tax delinquency rates are down in both San Diego and Riverside counties, because banks are paying back taxes on foreclosures, officials said.As the economy ..
From the WSJ: Obama Proposes New Bank Regulations The White House wants commercial banks that take deposits from customers to be barred from investing on behalf of the bank itself—what's known as proprietary trading—and said the administration will seek new limits on the size and ..
Manufacturing has been one of the bright spots for the economy beause of a combination of inventory restocking and increased exports - and the Philly Fed survey shows continued expansion in January.Here is the Philadelphia Fed Index released today: Business Outlook Survey. The survey’s ..
The DOL reports on weekly unemployment insurance claims: In the week ending Jan. 16, the advance figure for seasonally adjusted initial claims was 482,000, an increase of 36,000 from the previous week's revised figure of 446,000. The 4-week moving average was 448,250, an increase of 7,000 from ..
Supposedly a return to the "spirit of Glass Steagall" ...From the WSJ: Obama to Propose New Limits on Banks (ht MrM) President Barack Obama on Thursday is expected to propose new limits on the size and risk taken by the country's biggest banks ... From Bloomberg: Obama to Propose New Financial ..