Obama plan stalls as financial overhaul faces stiff opposition
Washington awaits a reshaped rule book as industry lobbying and turf battles slow the Obama administration push for tighter oversight. Analysts warn a future crisis if reforms falter, amid talks of merging regulators and expanding Fed powers.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
Eugene Ludwig
Treasury Department
Clinton
Barney Frank
D-Mass
House Financial Services Committee
Obama
Christopher Dodd
D-Conn
Senate Banking Committee
Federal Reserve
Fed
SEC
FDIC
Low savings rates push shoppers to chase CD deals
The piece surveys how lenders tout promotional CD yields around 2 percent for 17 months while longer terms offer higher rates. Analysts warn against locking in five-year lows, advise six to twelve month maturities for renewal options, and note mortgage rates hovering near 5 percent with potential rises as the Fed scales back purchases.
MENTIONED IN THIS ARTICLE
Detroit
Citizens Bank
Greg McBride
Bankrate.com
Federal Reserve
McBride
Paul Havemann
New Jersey
HSH Associates
HSH
Fed
Airlines face $11 billion loss as travel demand falls
The International Air Transport Association lowers 2008 09 loss forecast from 9 billion to 11 billion amid a 6 billion first half loss. Demand for business and first class seats is down 20 percent while fares are set to fall 12 percent this year. Revenues may not return to 2008 levels until 2012 or 2013.
MENTIONED IN THIS ARTICLE
Iowa
St. Ormore
NYSE
Amex Nasdaq
NET
TYR Treasuries
Hrpt Pro
PepsiCo
Aflac NY
Hitindex Nasd
Prizer NY
Citigroepade
CelSet
Etrade
Agco NY
Heinz NY
Philip Mor NY
Omnovac
PwShs
Aegon NY
Hewlett
Piperrat NY
SP Aio
Ai ExterGid
Yahoo
Alcoa NY
HomeDp WY
BkotAn
Goedstr
Cisco
Otiako G
Intel
AlliBern NY
Honwilind NY
PrinFnet NY
SPORF
AiliantEgg NY
HuntBnk Nash
Prushs&p NY
SonintNex
Microsoft
Allstate NY
iShJapn NY
Proushire NY
Dirfbear Rs
Hamisphrx
HuntBnk
Altria NY
Ishemets NY
Proaltre NY
Vsands
NovaGld G
OryShips
Ameren NY
Ishr2k NY
Rantech
Treasury Note
AEP NY
Ishrest NY
Proukfin NY
Mgmmi
NwGold G
Comcast
ProdGam NY
AlntiGpts
ITC Hold
NY Provét
Annaly NY
Intel Nash
Prudent NY
ArchDan NY
Intermec NY
BP PLC
NASA
BP Pro
Ralcorp
Johndn JP Morgch
Raytheon
BkofAm
Dow Industrials
Lehman Long
Berkh B
Keycorp NY
RegionsFn NY
Dow Utilities
Bond Buyer
Muni Idx BestBuy NY
Kindmm NY
RiteAid NY
Lehman US Aggregate
BikHillsCp NY
Kohis NY
RockciAut NY
Nyse Composite
BonTon Nash
Kraft NY
RockColl NY
Lehman US
BrMySq
Krispkrm Slm Cp NY
S&p 500
Moodys Aaa Corp Idx
Caseys Nasd
Kroger NY
Saks NY
Vey
CelSci Amnex
LS Corp NY
Att SealAir
S&p MidCap
Gmorgo
Lehman US Corp
Chevron
Lvsands NY
Nash
Citlarp NY
Lockholm
SkywksSol
Colmbus Nas
ConocPhil NY
Lowes NY
SprintNex NY
Darden NY
Macc Nash
Money Fund
Deere NY
Mgmmkr NY
Spor NY
iMoneyNet.inc
We OE
Delta Air NY
Manulif Gs NY
SPDR
Fret NY
Dirfbull
McKesson
Tanger
Mar
Marto
Disney NY
Mediacom Nash
Target NY
Danidson NY
Merck NY
Terex NY
MetLite NY
Terra NY
OutPac
Energizer
Monsanto
US Banerp
FPL Grp NY
Motorola NY
US Cellular NY
Fannie Mae NY
Mylan Nash
Fed
Fastenal Nash
Nashf Nash
Ngsfd
NorfikSo NY
Vale SA NY
Ferreligs Valeroee NY
Fiserv Nash
Oneok NY
Verizonm NY
Alburnett
FredMac
PaneraBid
Cargill
Springville
Gen Mills NY
Penford Nash
Penford Nash 7.85 +50 dul
Genworth
Pengrth
Winnigo
2Ds Dun
HN Corp NY
Penney NY
Yahoo Nash
Linn Co-op Oil Co
Marion
Dow Jones
Dow Jones Industrials
Bala m
Eaton Vance
Capiicbua
Fideli Contra
Oakmark Eqinc
Vanguard Stcor
Cpwidgria m
Fidelity Diviintl
Oakmark Select
Vanguard Stgradead
EurPacGrAm
Fideli Eginc
Pimco TotRetAm
Vanguard
Newperspa m
Fidelity Magellan
Rowe Price A
Vanguard 500 Nv
Vanguard TotStidx
Dodge & Cox Bar
Idel C
Vanguard Gnma
Vanguard Weltin
Dodge & Cox Income
Fideli Spartan Useqindx
Vanguard Gnmaadm
Vanguard WellinAdm
Dodge & Cox IntiStk
FrankTemp-Franklin Income A m
Vanguard Instidx
Vanguard Wadsril
Dodge & Cox Stock
FrankTemp-Franklin Income
C_m
Vanguard InstPlus
Wasatch MicCanVald
The
International Air Transport Association
Associated Press
Giovanni Bisignani
IATA
Also Mentioned on This Page
S&p
Agriculture Futures
Securities and Exchange Commission
Commodity Futures Trading Commission
Congress
Consumer Product Agency
Susan Tompor
Detroit Free Press
AIR Travel
Ata
CorridorCareers.com
Gazcomm.com
Cedar Rapids
Iowa City
Surroun