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The agency proposes using $24 billion in government funds to back mortgages that are modified to make them more affordable. Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million American households avoid foreclosure. www.latimes.com
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Boston Globe Target Can't Escape Retail Woes Forbes, NY - 3 hours ago The discount store beat expectations but slipped 24% in Q3 over lower sales and credit card issues. Target's earnings weren't worse than analysts expected ... Target plans price cuts despite lower 3Q earnings The Associated Press Target Sees Fewer New Stores, But Says It Can Combat Wal-Mart CNNMoney.com Pessimists Pile onto Target Ahead of Earnings Report Schaeffers Research Trading Markets (press release) - CNNMoney.com all 437 news articles www.forbes.com
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