April 23, 2014 |
Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets. Contrary to the prevailing view that only borrowers with pristine credit records can get a mortgage these days, many risky loans are still being made. A new index published by the International Center on Housing Risk at the American Enterprise Institute measures this risk month by month, based on about three-quarters of all home-purchase loans extended across the country.
CALIFORNIA | LOCAL
April 14, 2014 |
At the Los Angeles County Sheriff's Department headquarters, a winding hallway leads to an unexpected oasis. Surrounded by trees, with a built-in grill and tables, the patio is an ideal place for a barbecue. Until recently, though, only a select few enjoyed it, smoking cigars and fashioning it into their own private hangout. In his first week as interim sheriff, John Scott announced that the cigar patio, as it was called, would be open to all employees. A contest would be held to choose a new name and smoking would no longer be allowed.
April 11, 2014 |
The name of the day: William M. Jennings . Kings goalie Jonathan Quick is on the verge of succeeding last season's Jennings Trophy winners, the Blackhawks' Corey Crawford and Ray Emery . The award goes to "the goalkeeper(s) having played a minimum of 25 games for the team with the fewest goals scored against it. " The Kings and the Bruins are one-two in the Jennings race and the Kings will win it if they allow two or less goals in their season finale Saturday against the Ducks at Staples Center.
March 26, 2014 |
WASHINGTON - Federal regulators rejected plans by Citigroup Inc. and four other large U.S. banks for dividend payments and stock buybacks after the latest round of stress tests. The results raised concerns about weaknesses in the risk-planning processes of Citi and three of the banks, the Federal Reserve said Wednesday. It was the second time in three years that Citi failed a federal stress test. Citi's chief executive, Michael Corbat, said he was "deeply disappointed" by the Fed's findings, asserting that the nation's third-largest bank by assets was "one of the best-capitalized financial institutions in the world.
March 24, 2014 |
Stressed out women have more difficulty getting pregnant than women with less stress, according to a new study this week in the journal Human Reproduction. Although the relationship between stress and trouble getting pregnant has been hinted at before, it had never been scientifically proven before now. This new research marks the first time that scientists have found a direct link between stress and infertility. "Women should not look at these findings and feel guilty," said Courtney Denning-Johnson Lynch, director of reproductive epidemiology at the Ohio State University Wexner Medical Center, and the lead author of the paper.
March 23, 2014 |
Jerry Tarkanian used to bite on a towel during his coaching days at Nevada Las Vegas, and there's a high school basketball coach with an equally intriguing custom. Gail Hale, the girls' basketball coach for 18 years at Canyon Springs High in Moreno Valley, tightly grips a stress ball in her hand during games. She can be found bouncing the ball while walking on the sideline during pressure-filled moments. "I've never seen anything like it," said standout guard Cheyenne Greenhouse.