Credit Herald

The U.S. economy continued its run of record-breaking dismal data on Tuesday, with consumer confidence and home prices registering a pair of grim milestones.
U.S. […]

The world’s biggest bond investors are betting European Central Bank President Jean-Claude Trichet will be forced to follow Federal Reserve Chairman Ben S. Bernanke […]

The Treasury Department, broadening the reach of its bank bailout, said Tuesday it had invested $4.7 billion in another 92 local banks.
Under the $700 […]

The Hungarian central bank cut the European Union’s highest benchmark interest rate for a second time in two weeks as inflation slows more quickly […]

As stays of execution go, the Detroit Three bailout unveiled yesterday by U.S. President George W. Bush was done on the cheap.
Time was, the […]

The Federal Reserve is telling troubled Truman Bank to strengthen its management and clean up its bad loans.
The Fed announced Wednesday an agreement […]

OTTAWA–The Conference Board says Ottawa should be prepared to spend between $10 billion and $13 billion in fiscal stimulus in the January budget to […]

Canadians who find it increasingly difficult to pay their credit card bills as the recession deepens would benefit from tighter credit card rules like those […]

WASHINGTON–Interest rates on four-week U.S. Treasury bills fell to zero yesterday, as investors still sought the safety of government securities without any return on their […]

As the global financial crisis deepens, central banks around the world are slashing interest rates to jump-start flagging economies.
In normal times, such easing would […]