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  • Regulators Detail Proposed Credit Card Rule Changes Tuesday, 21 Apr 2009 | 3:44 PM ET
    Credit card swipe

    Federal regulators on Tuesday proposed some clarifications to sweeping new rules designed to shield consumers from unfair credit card practices.

  • The subprime mortgage crisis is for the most part over. Now the second housing crisis is upon us. Too much debt, too little income.

  • Bankruptcy Cramdown Is Back Monday, 20 Apr 2009 | 2:01 PM ET

    Despite the fact that the press representative in Senator Dick Durbin's (D-IL) office tells me "negotiations are still underway," several outlets are reporting that the Senate version of the so-called bankruptcy "cramdown" bill is imminent. The house passed legislation in March allowing bankruptcy judges to modify home loans, with a couple of caveats, the main one being that the borrower had to have exhausted all possibilities for modification with his/her lender.

  • Bernanke Says Credit Downturn to Do Lasting Harm Friday, 17 Apr 2009 | 4:08 PM ET
    Ben Bernanke

    Federal Reserve Chairman Ben Bernanke said on Friday that the U.S. recession had done lasting harm to household finances and that regulators must protect consumers from willfully confusing forms of credit.

  • Home Builder Camps Out To Sell Friday, 17 Apr 2009 | 1:50 PM ET
    Spring Real Estate Guide 2009 | A CNBC Special Report

    The home builders are supposedly more upbeat this month than they have been in the better part of a year. At least that’s what the survey from the National Association of Home Builders says. The first-time home buyer tax credit, combined with lower mortgage interest rates, have potential contract signers out kicking the tires. Optimism is out there, if not actual signed papers.

  • Are The Builders Ready For A Recovery? Thursday, 16 Apr 2009 | 3:56 PM ET

    After that surprising surge in February, housing starts went back to their usual freefall again last month. The nearly 11 percent drop was larger than expected, but inevitable given the huge supply of new and existing homes already on the market.

  • El-Erian: Markets Convalescing to "New Normal" Thursday, 16 Apr 2009 | 11:49 AM ET

    The global economy and global markets are on a volatile journey to a “new normal,” according to Mohamed El-Erian, CEO and co-CIO at Pimco.

  • Results of Bank Stress Tests To Start Emerging Next Week Thursday, 16 Apr 2009 | 11:48 AM ET

    The  Obama administration will disclose details about its banking stress tests and what capital participants may need beginning next week, CNBC has learned.

  • Economy Shows Signs of Bottoming Out: Welch Thursday, 16 Apr 2009 | 7:56 AM ET

    The initial scare has gone from the market and it looks like the economy is showing signs of bottoming out, but it is difficult to predict where things will go from here, Jack Welch, the former CEO of CNBC parent General Electric, said Thursday.

  • Pros Say: Big Value Is Now in Technology Thursday, 16 Apr 2009 | 5:16 AM ET

    While the technology sector struggled in global markets Thursday, experts tell CNBC there is big value there.

  • Administration Responds To "Obamamod Plan" Wednesday, 15 Apr 2009 | 4:28 PM ET
    Foreclosed California home

    It should come as no surprise to anyone, given that the banks, Fannie and Freddie and several states had foreclosure moratoria that recently expired. Everyone was waiting to see the Obama plan for troubled loans, and once the Making Homes Affordable plan was set in motion, the moratoria were mostly lifted. Of course it begs the question, how exactly are those Obamamods doing?

  • Economy, Market Rebounds Have Ways To Go: Lindsey Wednesday, 15 Apr 2009 | 10:44 AM ET

    Signs of long-term economic growth are still a way off, says Lawrence Lindsey, former National Economic Council director and president and CEO of the Lindsey Group. Lindsey predicts the stock market will retest its lows and says there is no bottom in sight for commercial real estate prices.

  • Pros Say: This Rally Still Has Legs Wednesday, 15 Apr 2009 | 7:52 AM ET

    Global stocks declined Wednesday as grim data from China and the U.S. fueled concerns over the recovery of the global economy. Experts tell CNBC that although the economic slowdown is ongoing, the current rally still has some life in it.

  • Yes, You Can Afford A House Tuesday, 14 Apr 2009 | 3:43 PM ET

    I know we’ve been saying over and over that home affordability is soaring to record levels, but a report today from John Burns Real Estate Consulting really puts it into hard numbers, which I thought I’d share.

  • Pros Say: How to Play Asian Currencies Tuesday, 14 Apr 2009 | 9:54 AM ET

    The Singaporean dollar gained against its American counterpart Tuesday after the country's central bank announced it was effectively devaluing its currency after posting its worst quarterly economic contraction ever. Experts tell CNBC the gain is unlikely to last.

  • All the government borrowing programs aimed at increasing liquidity have some economists worried that there could be a steep price to pay down the road.

  • Scam Artists At Work: Borrowers Beware Monday, 13 Apr 2009 | 2:00 PM ET
    Mortgage

    Last week, while touting the success of one part of the Making Homes Affordable plan, President Obama issued a warning.

  • Abby Joseph Cohen

    The US stock market appears to have hit bottom and the nation's economy might see an upward shift in the latter half of the year, widely watched investment strategist Abby Joseph Cohen told CNBC

  • America's Economic Angst: Is It Bottoming Out? Saturday, 11 Apr 2009 | 5:19 PM ET
    Financial Crisis

    More doom on the horizon? Or will happy days soon be here again? Take your pick. The confusion is enough to play havoc on a person's mood—or an entire nation's. In hard economic times, Americans turn to numbers to see whether things are getting better.

  • South Korea Averts Recession, Rate Seen at Bottom Friday, 10 Apr 2009 | 1:10 AM ET
    Korea, Korean Flag

    South Korea's economy averted a recession in the first quarter thanks to pump-priming and rate cuts, the central bank said on Friday, supporting market bets that interest rates had troughed.