FHA plan could help 60,000 refinance; Walmart debuts new slogan
CBS News
Transcript
[Music] thousands of struggling homeowners could soon get some relief lawmakers are considering an update to Federal housing Administration guidelines that would allow another 60,000 homeowners to refinance their mortgages into government backed loans they're considering proposals to raise loan limits and eliminate down payment requirements a vote is expected next week on Wall Street record high oil prices in the Dollar's record l low against the Euro had investors searching for direction the Dow gave back nearly 17 points the NASDAQ slipped five Walmart is rolling out a new advertising campaign and its first new slogan in 19 years save money live better that slogan replaces the tagline everyday low prices always new TV commercials began airing Wednesday Walmart is trying to find ways to boost sales which grew at the slowest Pace this year in the company's history and investors are betting that the proposed merger between Syria satellite radio and XM will be approved by federal Regulators despite a very turbulent stock market shares of Sirus are up nearly 20% in the past month XM stock is up 30% as investors bet on a deal one analyst says the FCC could sign off on the merger as early as next month that's your money watch log on to cbsnews.com for more business headlines in New York I'm Alexis christopherus