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Yahoo! News Search Results for financial

Obama: Financial bailout must help homeowners, too (AP via Yahoo! News)
President-elect Barack Obama signaled a clear desire Wednesday to use a significant portion of $700 billion in financial bailout funds to stanch foreclosures by helping struggling homeowners with their mortgages. "The deteriorating assets in the financial markets are rooted in the deterioration of people being able to pay their mortgages and stay in their homes," he said.

Financial crisis takes massive bite out of Harvard's endowment (AFP via Yahoo! News)
The endowment of the richest US university has been ravaged by the global financial crisis, shedding eight billion dollars in value in just four months, Harvard president Drew Faust announced.

Financial crisis a distraction, says Nobel winner (AFP via Yahoo! News)
The global financial crisis is distracting attention from other pressing issues such as high food and energy prices, and environmental damage, Nobel peace laureate Muhammad Yunus told AFP Wednesday.

Major AIDS conference considers impact of financial crisis (AFP via Yahoo! News)
A major international conference on AIDS in Africa opens on Wednesday in Dakar amid fears that the global financial crisis could hit funding for the fight against the disease.

China Wealth Fund Lacks Stomach For Financial Buys (New York Times)
The China Investment Corporation , the sovereign wealth fund that has incurred steep paper losses on its stakes in U.S. financial firms, said on Wednesday it is ?not brave enough? to invest in foreign financial firms and lacks confidence in the shifting U.S. financial regulatory situation, Reuters reported.

China wealth fund lacks stomach for financial buys (Washington Post)
HONG KONG (Reuters) - China Investment Corp, the sovereign wealth fund that has incurred steep paper losses on its stakes in U.S. financial firms, said on Wednesday it is "not brave enough" to invest in foreign financial firms and lacks confidence in the shifting U.S. financial regulatory situation.

Financial Stocks: Bulls outlast bears in Wednesday grudge match (Market Watch)
Shares of U.S. financial firms remain volatile as investors play tug-of-war over positive news about rising mortgage applications and bearish reports of draconian job cuts and weak economic data.

Economist: More financial problems in SC next year (AP via Yahoo! Finance)
A University of South Carolina economist said Wednesday the Palmetto State's financial problems have been driven by tax policy and are about to get worse as effects of the national economy's slump show up in declining retail sales and personal income.

China's sovereign wealth fund to avoid western financial firms: report (AFP via Yahoo! News)
The head of China's sovereign wealth fund said Wednesday he had lost confidence in western financial institutions during the global economic crisis and would not be investing in them, a report said.

Obama: Financial bailout must help homeowners, too (Detroit News)
WASHINGTON -- President-elect Barack Obama signaled a clear desire Wednesday to use a significant portion of $700 billion in financial bailout funds to stanch foreclosures by helping struggling homeowners with their mortgages.

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