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| Jul.26 |
U.S. Congress |
Senate approves housing bill| The Senate has approved a $300bn rescue fund designed to prop up battered housing market. It may also be used to bail out the mortgage giants | |
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| Jul.23 |
U.S. Congress |
US lawmakers pass housing rescue| The House of Representatives has passed a massive housing rescue bill that could help struggling homeowners get cheaper loans | | |
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| Jul.11 |
USA |
Mortgage firms' shares slump| Shares in Freddie Mac and Fannie Mae have fallen by more than 40% in early trading amid concerns for the future of the companies | |
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| Jun.25 |
United Arab Emirates |
'Shape-shifting skyscraper' unveiled Map of Dubai United Arab Emirates Ambitious plans to build a 420-meter 80-story Dynamic Towe, world's first building in motion, have been unveiled by architects
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| Jun.19 |
FBI |
FBI holds 406 for mortgage fraud The Justice Department was pursuing 144 cases. The arrests include estate agents and loan originators, who help homebuyers to take out loans
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Delays, protests as Heathrow's T5 opens
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| Mar.26 |
USA |
U.S. home prices brace for dismal spring Home prices plunged by record levels from a year ago, with almost no major cities immune from the spiraling market
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| Feb.26 |
Southern California |
Jackson faces Neverland auction Pop star Michael Jackson could lose his ranch if he fails to pay nearly $25m that he owes on the sprawling property
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| Dec.6 |
Washington |
Bush details housing rescue plan  | The President has outlined plans to freeze rates on sub-prime mortgages for 5 years to help people hit by the housing market crisis | |
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| Oct.17 |
USA |
Further fall in home building The number of homes being built in the US fell by 10.2% in September, worse than had been expected. Applications for building permits down 7.2%
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| Oct.15 |
USA |
Banks plan fund to revive market Some of the US's largest banks have announced plans to form a $75bn fund to support the ailing market for sub-prime debt
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| Sep.7 |
California |
Mortgage lender Countrywide slashes jobs Chief Executive Angelo Mozilo: Countrywide Financial was being forced to cut up to 12,000 jobs, 1/5 of its staff
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| Aug.9 |
New York |
Mortgage concerns hit US markets| The share indexes tumbled amid fears that a wobble in the mortgage market may prompt a global credit crunch. Dow Jones fell 199.24 | | |
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Protests fuel rationing
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| Feb.26 |
New York |
New WTC plan is chosen A complex of angular buildings and a 1,776-foot spire were designed by architect Daniel Libeskind
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| Feb.4 |
New York |
World Trade Center finalists chosen 2 plans would create the world's tallest structure. Libeskind and the international Think team are behind the plans
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| Oct.3 |
Melbourne |
Melbourne, Vancouver 'world's best cities' Those are the best cities in the world for expatriates to live in. Both Australia and Canada fared well in the survey
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| Jul.21 |
New York |
Public pans WTC plans Thousands of huddled around tables to give their opinions of the rebuilding plans for the World Trade Center site
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| Jul.16 |
New York |
Ground Zero plans unveiled The first plans for redeveloping the site where the World Trade Center stood have been made public
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| Mar.1 |
Seattle |
Seattle avoids widespread damage Preparation and luck helped the region escape widespread devastation
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