Wall Street dips as inflation fears weigh on stocks
Stocks retreat on rising wholesale prices with the Dow down 62.84 to 10,285.26 and the Nasdaq off 14.30 to 2,056. Energy sector selling leads declines while some Dow components post solid results. Oil futures slide as Wilma fears ease with crude at about 63 dollars.
MENTIONED IN THIS ARTICLE
Wall Street
Dow Jones
New York Stock Exchange
Wilma
Gulf of Mexico
New York Mercantile Exchange
London
International Petroleum Exchange
Wells Fargo Q3 profit up 13 percent aided by growth
Wells Fargo & Co reports third quarter profit of 1.98 billion dollars or 1.16 per share, up from 1.75 billion or 1.02 per share a year ago. Revenue reaches 8.5 billion dollars, topping Thomson Financial estimates of 1.15 per share on 8.08 billion in revenue despite hurricane Katrina losses.
MENTIONED IN THIS ARTICLE
Wells Fargo & Co
U.S
Wall Street
Thomson Financial. Gazette and Wire Reports
Government Farm offices stay open after opposition
The Agriculture Department will not close more than 700 Farm Service Agency offices due to congressional opposition. Senator Tom Harkin and others praised the suspension. The department cited modernization and better service as reasons, with about 12 months of dialogue planned during the budget process.
MENTIONED IN THIS ARTICLE
the Gazette
Agriculture Department
Farm Service Agency
Congress
FSA
Tom Harkin
Iowa
Partment
Department
John Deere
Save sweet home avoiding foreclosure possible when you're behind on mortgage
Rhonda and Dunlap faced foreclosure risk after job loss but found help through Consumer Credit Counseling Service of Greater Dallas. Their lender arranged a HUD insured partial claim to bring the loan current, with repayment due when the mortgage is paid or the home is sold. Lenders now provide specialized workout departments to avoid foreclosures.
MENTIONED IN THIS ARTICLE
Rhonda Dunlap
Royse City
Texas
Sweet Home
Pamela Yip
Dallas Morning News
Rhonda
Dunlap
Dunlaps
Consumer Credit Counseling Service of
Greater Dallas
U.S. Department of Housing and Urban Development
HUD
Craig Jarrell
Dallas
Pulaski Mortgage Co
Options lenders use to help you catch up on mortgage
Lenders may offer special forbearance with repayment plans or temporary payment reductions. Mortgage modification could refinance debt or extend the loan term to lower monthly payments. FHA insured loans may use a one time payment from the FHA fund. Deed in lieu is a last resort where the lender takes back the home, which harms credit but is less damaging than foreclosure.
MENTIONED IN THIS ARTICLE
FHA
Agriculture losses from Rita top 195 million in crop and livestock
The Agriculture Department estimates Rita caused at least 195 million dollars in crop and livestock losses, boosting combined Rita and Katrina damage beyond 1 billion. Drought losses in the Midwest fell to 701 million, while farmed fish and shellfish losses reached 80 million.
MENTIONED IN THIS ARTICLE
Rita
Washington
Agriculture Department
Get kids affordable insurance for health coverage
Experts urge parents to compare policies from multiple providers and consider individual plans for children aged 5 to 18. Health costs and small business coverage impact uninsured rates, with guidance on deductibles, co payments, and Health Savings Accounts as affordable options.
MENTIONED IN THIS ARTICLE
Robert Hurley
eHealthInsurance.com
Hurley
Treas.gov
Hsa
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Wells Fargo
1St Ave
15Th St
C.R
Gary Larson
Jones County
Senate Agriculture Committee
Saxby Chambliss
R-Ga
J.B Penn
Chuck Grassley
Credit Services
News
E. Michael Myers
The
Associated Press
Hud.gov
Gulf Coast
Keith Collins
Collins
Marshall Loeb MarketWatch
Che Hasette