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Cash on money with new YanksAfter unloading nearly half a billion dollars ($423.5 million) of George Steinbrenner's money on free-agent pitchers CC Sabathia and A.J. Burnett and first baseman Mark Teixeira, Cashman was on his way toward righting the Yankee ship. ... |
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Fannie Mae will let borrowers facing foreclosure rent homes from lenderGovernment-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. ... |
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Congress OKs 14-week jobless benefits extensionCongress decisively approved an extension of unemployment benefits on Thursday for about 2 million people out of work nearly a year or more. ... |
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Biz vs. workers: Companies do more with fewer employeesCompanies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon. ... |
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Insider-trading scandal widens: Attorney, more hedge fund hogs arrestedEight more people have been arrested in the Galleon insider-trading scandal, sources familiar with the matter said on Thursday. ... |
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Time to buy? Mortgage rates drop below 5%U.S. mortgage rates fell below 5 percent for the first time in three weeks, a key level that may boost home loan demand and help the hard-hit housing market recover, a closely watched mortgage survey showed Thursday. ... |
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