Economics

Company Faces Forgery Charges in Mo. Foreclosures

http://pix04.revsci.net/H07707/b3/0/3/0806180/743515484.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707One of the largest companies that provided home foreclosure services to lenders across the nation, DocX, has been indicted on forgery charges by a Missouri grand jury — one of the few criminal actions to follow reports of widespread improprieties against homeowners. A grand jury in Boone County, Mo., handed […]

The Stunning Collapse Of Iran’s Currency

In a recent two-part series on the tensions between the United States and Iran, my colleague David Lee Smith provided readers with a broad and insightful overview of the unfolding crisis. He discussed the European Union’s newly implemented embargo against Iranian oil, the contentious relationship between Shiite Iran and its Sunni neighbors, […]

Europe’s Banks Reluctant to Aid Companies in Need of Cash

http://pix04.revsci.net/H07707/b3/0/3/0806180/986916153.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707LONDON — European governments are not the only ones struggling with debt — so are some of the region’s companies. As profits and sales slip, some European businesses are scrambling to pay their bills. With banks reluctant to lend, the fear is that companies will be unable to come up […]

Job Gains Reflect Hope a Recovery Is Blooming

http://pix04.revsci.net/H07707/b3/0/3/0806180/344279857.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707The front wheels have lifted off the runway. Now, Americans are waiting to see if the economy can truly get aloft. With the government reportingthat the unemployment rate and the number of jobless fell in January to the lowest levels since early 2009, the recovery seems finally to be reaching […]

Fed Chief Takes Heat From Republicans

http://pix04.revsci.net/H07707/b3/0/3/0806180/895128067.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707WASHINGTON — Congressional Republicans criticized the Federal Reserve on Thursday for working to reduce unemployment and revive the housing market rather than maintaining a single-minded focus on inflation. The Fed’s chairman, Ben S. Bernanke, was sharply questioned by members of a House committee about the Fed’s announcement last week that […]