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Allen & Company Inc. of Florida and the Lakeland Area Chamber of Commerce present the 22nd annual Economic Forecast Breakfast to be held on Thursday, Jan. 15, 2009 at The Lakeland Center. ...more
December 28, 2008
Federal Reserve Chairman Ben Bernanke said Wednesday that the worsening financial crisis could prove a major weight on U.S. business growth and pledged to "act as needed" to brace the wobbly economy. ...more
September 24, 2008
Showing Countrywide Financial Corp. President David Sambol the door, Bank of America Corp. said Wednesday that it would appoint one of its own top executives to oversee mortgage operations after completing its acquisition of Countrywide. ...more
May 29, 2008
Federal Reserve Chairman Ben Bernanke said Thursday that economic growth will slow noticeably in coming months while surging oil costs will raise inflation pressures. But he said the economy is nowhere close to the stagflation nightmare of the 1970s and he predicted an economic rebound by mid-2008. ...more
November 9, 2007
Homeowners struggling to deal with sharp increases in their adjustable mortgage payments got hit with a record number of foreclosure notices in the spring as the crisis in subprime lending intensified. ...more
September 7, 2007
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