Inflation Pressures Are Easing but Rate Cut Forecast Remains Uncertain

The New Year is beginning where the old one ended -- with uncertainty about when – or whether – the Federal Reserve will begin cutting interest rates.

Read More

Details

The continuing debate over the future of Fannie Mae and Freddie Mac will look familiar to anyone who has tried unsuccessfully to lose weight: The more legislators agree on the need to slim down the two government services enterprises (GSEs) and reduce their domination of the secondary mortgge market, the larger and more influential they become.

Details

Bank of America, one of the first banking giants to announce that it would charge consumers a fee for using their debit cards was one of the last to back away from that plan in the face of a ferocious backlash from consumers and withering criticism from politicians and media commentators.

Details

A psychologist graphing the stock market’s performance of late might diagnose manic-depressive disorder, or the behavior of a particularly moody teenager — up one day, down the next, catapulted instantly (and often with little provocation) into euphoria and then dragged back into deep depression, responding with equal intensity to political and economic hiccoughs large and small, real and imagined, anticipated and feared.

Details

The robo-signing mess has just gotten messier in Massachusetts. The state’s Supreme Judicial Court ruled that a buyer who purchased a home on which the lender had foreclosed improperly did not have legal title to the property.