WASHINGTON - The wealth of Americans reached a nominal record high during the summer, buoyed by surging stock prices and a healthy recovery in home values.
The stock market posted slight gains on Monday, following up on its rally in the previous trading session after the job market showed some strength.
Wall Street is anxiously awaiting federal regulators' expected approval Tuesday of a sweeping rule that will restrict banks' ability to make risky investments with their own money.
WASHINGTON (Reuters) - Government-run Fannie Mae and Freddie Mac will raise the fees they charge mortgage lenders for guaranteeing new loans in March to encourage private firms to wade back into the housing finance market.
Connecticut had the nation's fifth highest inventory of homes in foreclosure in October as a percentage of all mortgaged homes, according to the latest data from a California-based business analytics company.