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GM, Chrysler scale back glitz at LA auto show - 8 hours ago - LOS ANGELES - Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models that will likely 0133 : ABC 33/40 News

Mortgage rates on their way down - Kiwibank joins in - 5 hours ago - Mortgage rates are on the way down today, with two banks - Westpac and Kiwibank, cutting rates in anticipation of another Official Cash Rate cut. Kiwibank says it has today cut its variable home loan rate to 7.95 per cent - what is says is 0133 : New Zealand Herald

Amlak suspends new mortgage loans - 5 hours ago - Dubai Islamic mortgage lender Amlak has suspended new loans, its chief executive said on Wednesday, as the global credit crunch hits the property sector in the Gulf's trading hub. We are reviewing our existing credit policy to ensure 0133 : ArabianBusiness.com

Paulson shift pressures home lenders, investors - 11/13/2008 - Treasury Secretary Henry Paulson's decision yesterday to not have the US government purchase troubled mortgage-related securities puts more pressure on housing lenders and investors to work out problem loans on their own. Paulson's support 0133 : Boston Globe

Consumers get rare ray of sunshine in lower prices at stores - 8 hours ago - WASHINGTON AP - American consumers hit by a seemingly endless stream of bad news, from vanishing jobs to shrinking retirement accounts, got a small dose of relief lower prices at stores. The Consumer Price Index, the country's most 0133 : Herald-Standard

Banks say they're using bailout money for loans - 11/13/2008 - WASHINGTON AP Some of the nation's largest banks sharing in the 700 billion government bailout of the financial industry tried to assure lawmakers Thursday they are using the money to make more loans and help financially strapped 0133 : Associated Press

Circuit City files for bankruptcy protection - 5 hours ago - RICHMOND, Va. AP Facing pressure from vendors and consumers who aren't spending, Circuit City Stores Inc. filed for bankruptcy protection Monday as it heads into the busy holiday season with hopes that the move will help it survive. 0133 : Wired News

Government shifts focus of bailout - 11/13/2008 - WASHINGTON - Urgently shifting course, the Bush administration is abandoning the centerpiece of its 700 billion economic rescue plan and exploring new ways to shore up not only banks but credit card, auto loan and other huge nonbank 0133 : Baltimore Sun