Jul 14, 2008

Fed acts to stamp out deceptive mortgage practices (Reuters)

Federal Reserve Chairman Ben Bernanke speaks at the Federal Deposit Insurance Corporation forum on mortgage lending for low- and moderate-income households at the William Seidman Center in Arlington, Virginia, July 8, 2008. (Larry Downing/Reuters)Reuters - The Federal Reserve Board on Monday approved new rules to ban misleading and deceptive practices in mortgage lending, including prepayment penalties for many subprime loans.



Jul 14, 2008

Russia blasts oil majors on production (AP)

AP - Three of Russia's oil projects, which all have foreign participation, failed to achieve oil production targets in 2007, Russia's Audit Chamber said Monday.

Jul 14, 2008

World's oldest blogger signs off singing aged 108 (Reuters)

Reuters - An Australian woman renowned as the world's oldest blogger has died at the age of 108, with her last posting talking about her ailing health but also how she still sings a happy song every day.