Archive for December 2007

The Federal Reserve loaned $20 billion in 28-day funds at a rate of 4.65 percent on Monday at the first of four auctions planned by the central bank to raise the amount of cash available …

A real estate data company said today that home foreclosure filings for November dropped from October levels, though they may remain at historically high levels as increasing payments on adjustable-rate loans pressure borrowers, Reuters reported.…

Another battle over a neighborhood grocery store is heating up as Dahl’s Foods is planning on replacing its flagship 48,000-square-foot store with a new 69,885-square-foot store at 3425 Ingersoll Ave.

In addition to the larger …

A new western gateway to Drake University is in the works.

On Tuesday, the university started demolition of the building at 31st Street and University Avenuse that formerly housed Thode’s Sporting Goods and the China …

A new international business will be added to the list of business clients in West Glen Town Center in West Des Moines.

Dallas-based Regus Group announced it would lease 20,000 square feet of office space …

Housing construction starts fell in November, reaching a 16-year low, adding to fears that the economy is headed for recession, the Associated Press reported.

The Commerce Department reported that construction of new homes and apartments …

The Federal Reserve is looking at sweeping new standards for home lending, including limiting lenders’ ability to impose fees for early repayment of subprime home loans and requiring lenders to determine if a borrower can …

The U.S. trade deficit shrank during the third quarter, aided in part by the decline in the value of the dollar against other major currencies, making it cheaper to buy U.S. products in foreign markets, …