A $3 billion plan to revitalize downtown Los Angeles has been pushed back due to the credit crunch. Lisa Napoli reports on what it means when commercial real estate developers can't develop real estate.
Commercial real estate also suffering
With a 90% dip in sales in the last year, commercial real estate has been hit hard by the subprime crisis. And now that developers are having to pay...
Credit crunch: Not so happy holidays
With the big year-end shopping holidays fast approaching, the credit market freeze couldn't come at a worse time for consumers, retailers and the...
5 mortgage costs to watch out for
The credit crunch has lenders looking for more ways to ding borrowers at closing time. With vigilance, you can avoid or reduce these common add-on...
Inside the credit crunch
Money for loans is available; it's just that it costs a lot of money to borrow it. So, for many businesses, the credit crunch is very real. Mitchell...
600,000 jobs lost - and counting
Job losses have been mounting, and the slowing economy and credit crunch is likely to take an even greater toll in the coming months.
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