Setting goals for the future strengthens saving strategies 8 hr ago | Add a comment When we teach our children "Save your money,” we’re trying to ingrain a habit that we know will serve them well later. With kids, saving might be oriented to something specific....

Oklahoma Briefs: New oil well completed 7 hr ago | Add a comment New oil well completed GMX Resources Inc. announced Friday completion and initial production results for the Callison 9H, the Company’s first horizontal well. The Callison 9H in Harrison...

How low will interest rates on homes go? 13 hr ago | Add a comment WASHINGTON — What will it take to get consumers off the sidelines to buy more houses and help stimulate the economy? How about a mortgage at 2.

Reverse mortgages receive higher limits 13 hr ago | Add a comment Many older homeowners got some long awaited good news recently when the Department of Housing and Urban Development approved higher lending limits for reverse mortgages. Now a home equity...

BUSINESS BRIEFS: Mortgage rates decline amid weakened economy Yesterday | Add a comment NATION MORTGAGE RATES DECLINE AMID WEAKENED ECONOMY WASHINGTON — Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets....

Financial meltdown update: Congress tells Big Three to come back with a plan Yesterday | Add a comment Congress tells Big Three to come back with a plan WASHINGTON — Show us the plan and we’ll show you the money. That’s the message the Democratic-led Congress gave Detroit’s...

IN STOCK: XOM Thu, Nov 20, 2008 | Add a comment XOM Exxon Mobil Corp. and Turkey’s state-run oil company, TPAO, signed a deal Wednesday for the joint exploration and development of oil and natural gas off its Black Sea coast. Turkey...

Government expanding rules for mortgage help program Thu, Nov 20, 2008 | Add a comment WASHINGTON — The government will let more borrowers qualify for a new $300 billion program that lets troubled homeowners swap risky loans for more affordable ones, a Bush administration...

Paulson, Bernanke defend $700 billion bailout Tue, Nov 18, 2008 | Comments 6 WASHINGTON-- Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke waged a stout defense on Capitol Hill Tuesday of their management of a $700 billion financial bailout just...

Q&A with Frank Trotter: Savvy with debit cards, accounts can help save money Tue, Nov 18, 2008 | Comments 1 Savvy with debit cards, accounts can help save money Q: Banking customers looking to cut costs across the board may think they have found great "deals,” but instead may be paying a...

IN BRIEF: Education Mon, Nov 17, 2008 | Add a comment CAMPUS PEP RALLY CELEBRATES FREE TUITION Oklahoma City Community College is kicking off this year’s free tuition program with a pep rally Wednesday at Southeast High School. The rally starts...

Freddie seeks first funds following $25. 3B loss Fri, Nov 14, 2008 | Add a comment WASHINGTON — Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss. The mortgage finance company is making the first request...

FDIC says plan could help 1.5 million keep homes Fri, Nov 14, 2008 | Comments 7 WASHINGTON - Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million...

U.S. consumers cut back sharply on spending Fri, Nov 14, 2008 | Comments 4 WASHINGTON -- Retail sales plunged by the largest amount on record in October as the financial crisis and the slumping economy caused consumers to sharply cut back on their spending. The...

In Business: Mortgage rates slide Thu, Nov 13, 2008 | Add a comment Mortgage rates slide Mortgage rates dropped for a second straight week. Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.14 percent this...

US: October budget deficit hits record of $237.2 billion Thu, Nov 13, 2008 | Comments 1 WASHINGTON - The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the...

U.S. foreclosure rates up 25 percent year-over-year Thu, Nov 13, 2008 | Comments 1 MIAMI -- The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed. More than 279,500 U.S. homes...

Foreclosures fall in Oklahoma during October Thu, Nov 13, 2008 | Comments 1 TULSA -- A report by a real estate data service says the number of home foreclosures in Oklahoma fell by 36 percent from September to October. The report by RealtyTrac estimates 817...

U.S. jobless claims surge while trade deficit narrows Thu, Nov 13, 2008 | Comments 3 WASHINGTON -- The number of newly laid-off individuals seeking unemployment benefits has jumped to a seven-year high, the government said Thursday. The Labor Department reported that jobless...

Paulson says troubled assets will not be purchased Wed, Nov 12, 2008 | Comments 33 WASHINGTON (AP) - Treasury Secretary Henry Paulson said Wednesday the $700 billion government rescue program will not be used to purchase troubled assets as originally planned. Paulson said the...