Money Files

With real estate prices dropping, action is hotting up in the home loan market.

The first-time homebuyer credit, through the stimulus plan, is enabling people to finally get out of apartment living. The success of the program was touted Tuesday at a brand new…

The department of pharmaceuticals has asked the Union Finance Ministry to raise the pharma SSI exemption limit from Rs 1.5 crore to Rs 5 crore and also to increase the abatement rate from the present 35.5 per cent to 60 per cent.

Consumer advocates and trade group representatives are alarmed by United Airlines’ decision to make some travel agents pay the credit card fees on flights that they book.

The reductions, mostly in education, would have to be passed by midnight, but they face a likely veto. A state panel cuts car allowances, health benefits and living-expense payments for legislators. State leaders will forfeit more than $3 billion in potential budget cuts when their fiscal year ends at midnight if lawmakers and the governor fail to resolve their dispute over how to end …

Program slated to take effect July 1 A state program that officially begins today promises to advance up to $8,000 to first-time home buyers. But the program has plenty of roadblocks ahead.

Bank cuttting jobs in its auto finance unit as car sales struggle nationally

Standard & Poor’s Ratings Services on Tuesday cut a pair of credit ratings for AmeriCredit Corp. deeper into non-investment grade territory, saying the automobile finance company continues to face deterioration in its loan portfolio.

The Port of Seattle said it will restart work on the $419 million rental car facility at Seattle-Tacoma International Airport that was halted six months ago.

It’ll soon get tougher for teens to pay with plastic. That’s because there are new credit card regulations making it much more difficult for those younger than 21 to qualify for credit.