Fleet and World News Wire

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CNN Money - News / Economy
Wed Oct 25, 2006
- Inflation barely seems to be on the mind of investors any more.
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- Power may be corrupting, but it is also addictive. That's why no party likes to lose an election. But the truth is that sometimes a loss is just what is needed to regain a sense of purpose and energy. And that's why the Republicans need to lose in November.
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- Dear Annie: Recently on a talk-radio show I heard some people discussing "insourcing," which is not a term I've heard before. I tuned in too late to catch most of what was said, but I'm curious: Is insourcing like outsourcing, i.e., another threat to American jobs? -Kansas Kid
- Home building may be ready to shake off its 2006 slump, as housing starts posted the biggest jump since January in a government report issued Wednesday.

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- Mortgage rates stabilized after last week's gain, according to a survey released Thursday.

- Bankruptcy fraud charges have been filed against 78 people in a federal operation aimed at protecting the integrity of the nation's bankruptcy system, the Justice Department and FBI announced Wednesday.

- U.S. mortgage applications fell last week on a drop in refinancing activity as interest rates ticked higher, an industry trade group said Wednesday.
