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Bank of Japan unveils bold plan to lift economy, combat deflation
Japan's central bank took a massive bet to reset its economy and pull out of nearly two decades of deflation. The Bank of Japan announced an aggressive and ambitious plan Thursday to expand its purchase of long-term bonds and double the amount of...
Tags: Automotive Equipment, Inflation and Deflation, Consumers, Ford Motor Co., Finance
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Consumers need better way to fix credit reporting errors
About 10 million consumers, through no fault of their own, have serious errors on their credit reports, raising troubling questions about people's ability to secure loans and the fairness of interest rates they're charged. In the first study of its...
Tags: Consumers, Credit Ratings, Federal Trade Commission, Finance, Mortgages
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Greenspan says market reaction key to federal budget cuts' effect
WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan said the stock market reaction to the large federal budget cuts slated for March 1 will determine how much they affect economic growth. The $85 billion in cuts this fiscal year, part of a...
Tags: Alan Greenspan, U.S. Congress, G20, Public Finance, CNBC (tv network)
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2012 housing market ends on upswing in Southern California [Google+ Hangout]
Southern California’s housing market ended last year with sharp home-price gains and the highest sales for a December in three years. The region’s median home price rose 19.6% in December over the same month last year to hit $323,000,...
Tags: Homes, Credit Ratings, Inventories, Finance, Foreclosures
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G-20 moves to allay fears of 'currency war'
WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade. But the joint statement, issued at the end of a G-...
Tags: Finance, Shinzo Abe, Currency Values, Ben Bernanke, Barack Obama
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Federal Reserve holds steady on interest rates and stimulus effort
WASHINGTON -- With economic growth slowing in recent months, the Federal Reserve said Wednesday it would keep short-term interest rates near zero and continue its latest bond-buying stimulus program. Following a two-day meeting, Fed policymakers said...
Tags: Fiscal Cliff, Finance, Financial Markets, Economy, Business and Finance, Employment Opportunities
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'After the Music Stopped' looks back at the fiscal collapse
-------------------- After the Music Stopped The Financial Crisis, the Response and the Work Ahead Alan Blinder Penguin Press: 496 pp., $29.95 -------------------- "Obamanomics was an incoherent blur to most citizens — and a not very...
Tags: Finance, Financial Markets, The Wall Street Journal, Mortgages, Music
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Japan's central bank pledges new stimulus to combat deflation
WASHINGTON -- Taking a page from the Federal Reserve's stimulus playbook, Japan's central bank on Tuesday set a 2% inflation target and made an "open-ended" pledge to buy a potentially unlimited amount of government bonds to bolster its long sluggish...
Tags: Inflation and Deflation, Finance, Shinzo Abe, Germany, Japan
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U.S. manufacturing looks brighter despite dip in January
 WASHINGTON -- American manufacturing activity dipped slightly at the start of the year as companies felt the weight of a weak global economy and automakers took a breather after heady production late last year. But on the whole, new Federal Reserve...
Tags: China, Industrial Production
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Freddie Mac: Typical 30-year mortgage rate levels off at 3.53%
Interest rates for home loans have leveled off at a notch above their record lows, a Freddie Mac survey shows, with the 30-year fixed mortgage averaging 3.53% this week, the same as last week. The survey of lenders, released Thursday, showed the 15-year...
Tags: Freddie Mac, Credit Ratings, Finance, Economy, Business and Finance, Mortgages
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With inflation benign, workers saw solid real wage gains at year-end
WASHINGTON -- The rate of inflation remained subdued last month, helping boost workers' real wages at year-end and giving the Federal Reserve breathing space as it continues its stimulus programs to support the economy. Consumer prices on the whole were...
Tags: Fiscal Cliff, Consumers, Inflation and Deflation, Finance, Prices
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Quiz: How much do you know about mortgages?
Mortgages are the traditional key to U.S. homeownership. But a multitude of risky home loans, many of them made without documenting borrowers’ incomes, dashed the dreams of millions of Americans as the housing bubble burst, sending shock waves of...
Tags: Mortgages, Financial and Business Services
Apr 4, 2013
|Story| Los Angeles Times
Feb 18, 2013
|Column| Los Angeles Times
Feb 15, 2013
|Story| Los Angeles Times
Jan 15, 2013
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Feb 16, 2013
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Jan 30, 2013
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Jan 25, 2013
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Jan 22, 2013
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Feb 15, 2013
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Feb 7, 2013
|Story| Los Angeles Times
Jan 16, 2013
|Story| Los Angeles Times
Nov 26, 2012
|Story| Los Angeles Times
