Average US 30-year mortgage rate down to 4.32 pct.

WASHINGTON Average U.S. rates on fixed mortgages fell this week to their lowest point in two months. The decline follows the Federal Reserve's decision last week to hold off slowing its monthly bond purchases.

Youth homicide rate hits lowest mark in 30 years

ATLANTA The homicide rate for older children and young adults has hit its lowest point in at least three decades, but the decline has been slowing, according to a new government report.

What’s your property worth? Stark values drop again

Property values have once again dropped for most Stark County residents. The decline will affect how much homeowners pay in taxes and how much money governments and schools have to operate over the next three years. The Stark County Auditor’s Office wi…

Housing market is looking up

After years of decline and stagnation, the local housing market picked up in the second quarter of the year.

Billionaire Anil Ambani Taps Chinese Loans After Stock Plunge

Indian billionaire Anil Ambani is tapping Chinese lenders for a second time in less than a year after a decline in the value of his flagship company left him with almost $1 billion of convertible bonds to repay by March.

China’s Stocks Decline on Cash Crunch, Slowing Industrial Profit

China’s stocks fell, driving the benchmark index lower for the sixth time in seven days, on concern about a cash crunch after interbank lending rates jumped and profit growth for industrial companies slowed.

China’s Stocks Decline on Cash Crunch, Slowing Industrial Profit

China’s stocks fell, driving the benchmark index lower for the sixth time in seven days, on concern about a cash crunch after interbank lending rates jumped and profit growth for industrial companies slowed.

Are Central, Commercial Banks Lending or Selling Gold?

The big feature of last week’s decline in the gold price has been the lending of gold into the market. Commercial banks could have been doing it, but there is evidence in the past that central banks have leased gold to cap the gold price and bring it down.

Food inflation falls to 6.6%

Annual food inflation dropped to the lowest level since August 2008 to 6.6% for the week ended November 26 from 8% reported in the previous week, thanks to the decline in prices of onion and potato by 39.26% and 15.75%, respectively.

Department store sales in freefall

MYER and David Jones are facing intensive headwinds in the lead-up to Christmas after the shopping mall operator Westfield revealed its department store tenants experienced a 12.5 per cent decline in sales in the latest quarter.