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- Senate approves auto industry loans (ABC 15 Phoenix)
www.abc15.com
WASHINGTON (AP) - The Senate has approved funding for $25 billion in government loans to help the auto industry modernize plants and build more fuel-efficient vehicles. - State Mortgage Lender Shelves Bond Sale and Raises Rates (New York Times)
dealbook.blogs.nytimes.com
Squeezed by the tightening credit markets, a New York State agency that provides subsidized mortgages to first-time home buyers stopped offering discounted interest rates this week and started looking for new sources of funds, The New York Time’s Patrick McGeehan reported. - Consumer credit limit crackdown - CNN Money
money.cnn.com
NEW YORK (CNNMoney.com) -- After a weekend getaway in New York City, Joseph Lanza logged onto his Bank of America Visa account and was shocked to see that his line of available credit had been reduced to $1,000 from $3,800. Because of the recent ...