Home prices rise nationwide as demand grows
The S and P Case Shiller index shows a 1.2 percent gain from June to July with the 20 city index at 143.05, indicating prices may have bottomed though still down 13.3 percent year over year. Foreclosures and mortgage delinquencies keep pressure despite gradual improvement in sales of new and existing homes.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Jennifer Lee
BMO Capital Market
Ian Shepherdson
U.S
Fannie Mae
Jean Gagnon
Derry
N.H
State workers face higher health insurance costs next year
Des Moines Bureau reports Wellmark Blue Cross Blue Shield plan premiums for state employees may rise 11.2 percent in 2010. Dental premiums rise 3 percent. State contribution for health dental life and long term disability would increase to about 349.6 million from 332 million, affecting about 28 000 workers with enrollment by October 23.
MENTIONED IN THIS ARTICLE
Des Moines
Ed Holland
State Department of Administrative Services
Holland
Wellmark
Iowa Executive Council
Iowa Agriculture
Bill Northey
Iowa
Michael Mauro
Executive Council
Taiwan to buy Iowa crops in large trade deal
A Taiwan Agricultural Trade Goodwill Mission signed letters of intent to buy 303 to 413 million bushels of U.S. corn and 110 to 118 million bushels of soybeans from Iowa for 2010 and 2011, with values totaling up to 3.77 billion dollars. Don Elsbernd and Kirk Leeds signed for corn and soybean producers respectively, highlighting Taiwan as a key market since 1949.
MENTIONED IN THIS ARTICLE
the Gazette
Taiwan
Iowa
Taiwan Agricultural Trade Goodwill Mission
Washington, D.C
Indiana
Taiwan Feed Industry Association
Iowa Corn Producers
U.S
Don Elsbernd
Postville
Iowa Corn Growers Association
Elsbernd
Kirk Leeds
Iowa Soybean Association
Leeds
FDIC plan would require banks to prepay 45 billion in insurance fees
Regulators foresee bank failure costs rising to about 100 billion over four years, up from 70 billion. The FDIC board voted to require upfront premiums for 2010 to 2012 after a 30 day comment period. The fund, backed by the government, could face deficits until 2013 if not replenished.
MENTIONED IN THIS ARTICLE
Washington
The
Federal Deposit Insurance Corp
FDIC
Sheila Bair
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By Rod Boshart
Rod.boshart
Gazcomm.com
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