Refinancing applications at 15-month high

Applications for mortgage refinancing hit a 15-month high last week as interest rates remained near historic lows, a mortgage bankers’ group said Wednesday.
The […]

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Legends Outlets Kansas City adds LOFT, Christopher & Banks outlets

Building on its recent decision to pursue an upscale outlet theme, Legends Outlets Kansas City is adding LOFT Outlet and Christopher & Banks outlet locations.
The […]

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Supervisor Wilcox demands $4.75M for Arpaio action

Maricopa County Supervisor Mary Rose Wilcox has joined the parade of those suing the county government and Sheriff Joe Arpaio over his investigations.
Wilcox filed a […]

Senate votes to ban liar loans

The Senate voted Wednesday to ban controversial "liar loans," which helped bring down the housing market.
The legislation, part of the broader financial regulatory reform […]

Avnet still on top of state’s Fortune 500

It’s a repeat performance for Arizona at the top of the Fortune 500 list. Five local companies again made the list of the nation’s largest […]

Bank failure tally reaches 140

Banks in six U.S. states were closed Friday, bringing the total number of failed banks this year to 140, at a cost of over […]

Good news comes in threes for global economic recovery

WASHINGTON–Signs of a strengthening global recovery emerged Friday, with consumers boosting retail sales, companies restoring stockpiles and Chinese exports mounting a comeback.
The reports […]

Asia helps feeble West in global recovery: OECD

Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge […]

CIT Group files for prepackaged bankruptcy

CIT Group Inc filed for bankruptcy protection on Sunday, and its creditors have already approved the commercial lender’s reorganization plan.
CIT’s operating subsidiaries, including CIT […]

Cost-cutting drove Monster earnings beat

Monster Worldwide Inc’s better-than-expected quarterly results were due to cost-cutting, including reducing its workforce without resorting to layoffs, the job site company’s CEO said […]