Search Results for “loans”

Average US 30-year mortgage rate at 3.97 percent 10/16/2014 11:34am • WASHINGTON (AP) -- Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.It was the fourth straight week of declines for mortgage rates, making it more affordable to borr

SW Energy snaps up assets in Marcellus, Utica 10/16/2014 09:10am • HOUSTON (AP) -- Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy.The acquisition includes 256 operated and producing horizontal wells in the Marcellus and Utica shale regions, and an additional 17

Report: Private student borrowers can't get help 10/16/2014 08:40am • MARCY GORDON AP Business Writer WASHINGTON (AP) -- Millions of Americans still struggle with high-cost private student loans, with many tumbling into default because the companies servicing the loans aren't offering reasonable options for improved terms, a new report says.Distressed borrowers are re

Bond prices surge the most since financial crisis 10/16/2014 05:50am • KEN SWEET AP Business Writer NEW YORK (AP) -- Investors flooded into the U.S. Treasury market in a way not seen since the depths of the financial crisis, causing the yield on the benchmark 10-year Treasury note to fall below 2 percent for the first time in more than a year.The yield on the benchmark

4 Reasons to Consider Investing in Financial Stocks 10/16/2014 12:00am • The financial sector has been hit by pricey and embarrassing data breaches, is enduring a never-ending rollout of new regulations and is skating by on thin margins. Is now the time to buy? It is if you are able to tap into long-term trends and can detect stocks and mutual funds that are poised fo

Pitch Yourself to These Scholarships for Future Entrepreneurs 10/16/2014 12:00am • We all know people who stand out as particularly creative, savvy and driven and who are always coming up with new ideas and ways of doing things. Many of these people become America's future entrepreneurs, and if you count yourself among the entrepreneurial crowd, you likely can't wait to graduate f

'Real Housewives' star pleads guilty in ID case 10/15/2014 07:08pm • DAVID PORTER Associated Press PATERSON, N.J. (AP) -- It took two tries, but when it was over one of the "Real Housewives of New Jersey" stars already headed to federal prison for bankruptcy fraud pleaded guilty Wednesday in an unrelated state case involving a bogus driver's license.Giuseppe "Joe" Gi

Son charged with killing publisher, family 10/15/2014 06:38pm • JUSTIN JUOZAPAVICIUS Associated Press TULSA, Okla. (AP) -- The son of a rural Oklahoma newspaper publisher fatally shot his father, mother and sister, believing that by killing his family, he would inherit money to pay off mounting debts, a prosecutor said Wednesday.Prosecutors in Duncan filed three

American Express tops 3Q net income expectations 10/15/2014 05:19pm • NEW YORK (AP) -- NEW YORK (AP) -- American Express Co. said Wednesday that its net income climbed about 9 percent in the third quarter, as spending by cardholders increased.Even so, the New York-based credit card issuer's revenue fell short of Wall Street expectations.Spending by U.S. holders of Ame

Greek markets nosedive amid political uncertainty 10/15/2014 02:30pm • ATHENS, Greece (AP) -- Concerns that the Greek government could collapse next year, putting its bailout program in danger, caused a massive sell-off in the country's stock and bond markets on Wednesday, with the main stock index down 9.8 percent.The plunge follows a loss of 5.7 percent the previous

South Korea identity thefts forces ID overhaul 10/15/2014 12:28pm • KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) -- After an avalanche of data breaches, South Korea's national identity card system has been raided so thoroughly by thieves that the government says it might have to issue new ID numbers to every citizen over 17 at a possible cost of billions

AP NewsBreak: Elmore Leonard archive in SC 10/15/2014 12:10pm • SUSANNE M. SCHAFER Associated Press COLUMBIA, S.C. (AP) -- Lovers of stripped-down prose and oddball characters can now view some of the late, best-selling crime novelist Elmore Leonard's vast collection of handwritten notebooks, typed manuscripts and screenplays.Choice samples from the collection g

Ailing global economy could lead Fed to delay hike 10/15/2014 08:42am • CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) -- Just as the U.S. job market has finally strengthened, the Federal Reserve now confronts a new worry: A sputtering global economy that's spooked investors across the world.The economic slump could spill into the United States, potentially

Md.'s Mikulski promotes student loan bill 10/15/2014 05:20am • CUMBERLAND, Md. (AP) -- U.S. Sen. Barbara Mikulski is visiting a community college in Cumberland to promote her ideas for making higher education more affordable.Others scheduled to attend the event Wednesday at Allegany College of Maryland include students and administrators from the Cumberland sch