USA

US investors are set to reap the rewards in the run-up to the presidential election, according to new research from T.Bailey.

Inflation in the US hit a 17-year high in July as the high cost of fuel hit consumers' wallets.

US mortgage giant Fannie Mae has made a loss of $2.3bn in the second quarter of 2008 it was revealed today.

Skandia Investment Group (SIG) intends to launch three new US equity funds into the UK market.

Mass-arrests for mortgage fraud like those seen in the US are unlikely to happen in the UK, according to a former FBI employee.

Six of the US's biggest banks have announced a plan to help homeowners struggling with their mortgage payments.

IFAs hold little confidence in the future buoyancy of American equities, with the UK and Asia perceived as more desirable markets over the long term.

The number of listed properties in commercial structures worldwide could jump by as much as 70% in the next four years, according to Fidelity.

It was James Brown who sang about living in America. Well I don't suppose the Godfather of Soul had a sub-prime mortgage, because - as is in the news on a near daily basis - things are far from rosy across the pond in the mortgage market.

GLOBAL STOCKMARKETS suffered major losses yesterday and are expected to continue to fall today as Wall Street suffered its biggest one-day fall yesterday since 9/ 11, and on the back of worries about the strength of the Chinese and US economies, says...