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NEW YORK -- Standard & Poor's has cut its investment-grade credit ratings on PNC Financial Services Group Inc. by one notch, due to some concerns over the bank's acquisition of National City Corp. Standard & Poor's Ratings Services said the ratings ...

S&P cuts PNC ratings after National City purchase - Cleveland Plain Dealer Blog

(AXcess News) Houston - U.S. consumers, worried about the direction of the economy and their own lives, cutback on borrowing in November more-than-expected. In fact, consumer borrowing in November reached a record low of $7.9 billion. Considering ...

Consumer borrowing fell more-than-expected in November - Axcess News

Jan. 8 (Bloomberg) -- U.S. consumer borrowing dropped a record $7.9 billion in November as consumers retrenched and credit markets seized up. The decline brought consumer credit down to $2.57 trillion, the Federal Reserve said today in Washington. In ...

U.S. Consumer Borrowing Fell Record $7.9 Billion in November - Bloomberg

Jan. 6 (Bloomberg) -- Commercial real estate companies, the U.S. Chamber of Commerce and other business groups are pushing Congress for a temporary tax break on forgiven debt similar to relief given in 2007 to homeowners facing foreclosure . The ...

Businesses Seek Tax Break on Canceled Debt Like Homeowners Got - Bloomberg

Mortgage rates continue to plunge toward record territory. The benchmark 30-year fixed-rate mortgage fell 31 basis points, to 5.33 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage ...

Mortgage rates approach record low - ScrippsNews

I think we need traffic cops in the parking lots of grocery stores and strip shopping plazas here. Clearly they are among the most dangerous places to move one’s car around, at least for non-fatal accidents. It is skull-and-crossbones territory, a ...

Farmer File: Parking Lot Peril - Naples Daily News

In residential real estate, 2009 arrives much the same way that 2008 did: via a rocky road with deepening potholes. While more homebuyers are swooping in and picking up great deal, and sales are slowly increasing in many markets, the ongoing excess ...

Tips for home buyers and sellers in 2009 - Corpus Christi Caller

In these rough economic times, funding long-term care poses a challenge for seniors and their families. There are a range of strategies you can pursue, though. Older Americans who had banked on selling their homes to finance care in assisted living ...

Register for FREE - Wall Street Journal

Would you like paper or plastic with that home equity loan? As the nation's beleaguered banking sector hunkers down in the toughest times in decades, U.S. Bank believes it has found a shrewd way to grow: by putting more full-service branches inside ...

U.S. Bank growing by going to stores - Cincinnati.com

Janet Concepcion doesn't have to travel far from her Middletown home to bear witness to an economy that's in a nosedive. A local restaurant closed before she could use a gift card she had. The strip mall vacancies seem to be rising. Her hours as a ...