UNITED STATES

IBTimes Logo

Ford may take Lincoln brand global in 5 years: CEO

Ford Motor Co could take its Lincoln brand to international markets within five years once it has re-established the long-neglected luxury label in the United States, Chief Executive Alan Mulally said.

Mortgage rates at record lows: Freddie Mac

IBTimes Logo
U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.

September auto sales seen up modestly

IBTimes Logo
September auto sales are on track to top August levels by a small margin after a boost from end-summer sales events even as economic uncertainty crimps a fuller recovery for the industry.
IBTimes Logo

Recession pushes many into Medicaid: Kaiser

Enrollment in Medicaid, the healthcare program for the poor, showed the sharpest annual rise last year since the late 1960s, a report said on Thursday, blaming the effects of the recession.
More news
IBTimes Logo

Post-crisis Paris to look beyond Europe

Carmakers gathering in Paris this week will show off the cars they hope will win them access to booming emerging markets like China, while industry watchers seek clues on how the recovery is progressing closer to home.
IBTimes Logo

PSA, Ford strengthen diesel engine partnership

French carmaker PSA Peugeot Citroen and U.S. counterpart Ford on Wednesday said they would develop a range of diesel engines to comply with new EU regulations, strengthening their existing partnership.
IBTimes Logo

Lawmaker unveils mortgage modification bill

As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan unveiled on Tuesday by a Democratic lawmaker.
IBTimes Logo

Home loan demand down despite record low rates

U.S. mortgage applications fell for a fourth straight week, reflecting the inability of many homeowners to take advantage of record low interest rates, data from an industry group showed on Wednesday.
IBTimes Logo

Fannie Mae Aug portfolio down, delinquencies drop

Fannie Mae, the largest provider of funding for U.S. home mortgages, on Wednesday said its mortgage investment portfolio shrank in August, while delinquencies on loans it guarantees slowed significantly in the month prior.
IBTimes Logo

U.S. CEOs less willing to hire; sales a worry

U.S. chief executive officers' view of the economy darkened in the third quarter, with top executives saying they were less willing to hire new workers as they fear sales growth will slow.
IBTimes Logo

JM Smucker to close plants in Ontario, cut jobs

J.M. Smucker Co, the maker of Jif peanut butter and Folgers coffee, said it would shut down two of its facilities in Ontario, cutting about 150 jobs, as it continues efforts to control costs and improve profit.
IBTimes Logo

Appeals court allows stem cell funds to continue

A U.S. appeals court on Tuesday allowed federal funding for human embryonic stem cell research to continue pending a full appeal, lifting an injunction issued by a federal judge who had said the Obama administration's policy violated the law.
IBTimes Logo

Confidence lowest since February

Consumer confidence fell to its lowest level since February in September, underscoring lingering worries about the stremgth of the economic recovery, while home prices dipped in July.
IBTimes Logo

Toys R Us to add 45,000 holiday jobs

Toys R Us Inc said it plans to hire about 45,000 seasonal workers -- 10,000 more than in the past three years -- ahead of the U.S. holiday shopping season as it opens 600 temporary stores, essentially doubling its domestic workforce.
IBTimes Logo

Home prices dip in July, seen hovering near lows

Single-family home prices dipped in July, hovering above multi-year lows absent the homebuyer tax credit that ended in April, according a Standard & Poor's/Case-Shiller home price report on Tuesday.
IBTimes Logo

Obama administration fights for stem cell funding

The Obama administration on Monday pleaded with a U.S. appeals court to allow federal funding of human embryonic stem cell research to continue, arguing a ban would ruin numerous projects and cost millions of dollars.
IBTimes Logo

Middle-aged suicides on rise in U.S., study finds

Suicide rates for middle-aged people are edging up -- particularly for white men without college degrees -- and a combination of poor health and a poor economy may be driving it, U.S. researchers said on Monday.
IBTimes Logo

Employer health costs to rise in 2011

Employers can expect to pay nearly 9 percent more for health care costs for their workers in 2011, the highest level in five years, according to a forecast released on Monday.
IBTimes Logo

Obama signs small business bill into law

President Barack Obama signed a $30 billion small business lending bill into law on Monday, claiming a victory on economic policy for his fellow Democrats ahead of November congressional elections.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.