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WASHINGTON — First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street.
The company that owns two casinos along Indiana's Lake Michigan shore and others in Mississippi and Colorado has been declared in default on nearly $80 million in debt by its lenders.
Feeling frugal this holiday season? It's OK, so are most American consumers, according to numerous surveys.
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Saks Inc. said Tuesday it has extended the maturity date of its revolving credit facility, which has a borrowing capacity of $500 million, and changed certain terms of the loan.
