There are reports that some 401 Ks have refused access to personal funds as many desire to liquidate and get into hard assets.
Foreclosures in April hit another high — one in every 374 U.S. households received a foreclosure filing last month.The administrations loan modification program has helped 55,000 troubled borrowers so far but is it enough?
The Government says 637,000 people filed for unemployment benefits last week. Continuing claims at all-time high for 15th week in a row.
On Friday Citigroup sold $2 billion in debt, its first U.S. corporate bond sale without a government guarantee in nine months in a sign of improved confidence in the bank as it recovers from a credit crisis
Six life insurance companies have qualified to receive billions of dollars in bailout money under the governments Troubled Asset Relief Program, a Treasury Department spokesman said Thursday.
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