Category: Government

Fed Says Bank Loan Standards Now Tighter

WASHINGTON (Reuters) – Banks in the United States tightened theirlending standards and terms for businesses and consumers alike amid adeteriorating economic outlook, a Federal Reserve

Washington Scrambles for Subprime Answers

WASHINGTON (Reuters) – With the subprime mortgage crisis fanningrecession fears, Washington is scrambling to jump-start the U.S.economy and ease the blow of falling home prices