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Fed to curb shady home-lending practices
The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs. The Federal Reserve's aggressive period of cutting interest rates to keep the country from falling into a recession is over. That point is in general agreement. The trouble starts when you try to figure out what period the Fed has now entered. The search for John McCain's running mate is such a mystery that few people even know who's involved in the review.
Vietnam's PM visits US
Vietnam's prime minister began a visit to the United States on Monday, hoping to gain some economic tips that might help ease soaring inflation at home. |
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