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Insurer wants to sell wind, flood coverage in 1 policy

NEW ORLEANS - One of the nation's largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed

No end seen on reliance on oil, fossil fuels

WASHINGTON - World energy demand will grow 50 percent over the next two decades, oil prices could rise to $186 a barrel and coal will remain the biggest source of

Posh vacation homes take a downturn in West

With the developer forced into bankruptcy, Hugh Smith worries about the $1 million he and a partner sunk into bare lots at Promontory, a half-built, sprawling residence club in a

Lower Hudson Valley architectural firms to merge

The combination of DCAK Architecture in Nyack and MSA Collaborative in Elmsford will create a 25-employee firm with greater breadth to take on projects across the region.

Toyota may miss U.S. sales target

TOKYO - Toyota may scale back its ambitious target of selling more vehicles in the United States this year than it did in 2007, as damage from an economic slowdown

Interest in hybrid vehicles rising, study says

DETROIT - Inspired by spiking gas prices and growing concern for the environment, U.S. consumers are showing more interest in hybrid vehicles despite their higher price tag, according to a

MasterCard settles lawsuit by American Express for $1.8 billion

MasterCard Inc., the giant credit card company in Purchase, said this morning it will pay American Express Co. up to $1.8 billion the next three years to settle a lawsuit

Federal Reserve leaves key rate unchanged at 2 percent

WASHINGTON - The Federal Reserve, navigating treacherous economic waters, decided on Wednesday to leave a key interest rate unchanged, bringing an end to a string of consecutive rate cuts.

Housing rescue plan passes key Senate test

WASHINGTON - A massive foreclosure-rescue bill cleared a key Senate test yesterday overwhelmingly, with Democrats and Republicans both eager to claim election-year credit for helping hard-pressed homeowners.

Inquiry To Bank About Loan Or Credit Application

Use this template to make an inquiry to the bank about loan or credit application. The main purpose of this letter is to expedite the loan or credit application. Financial