Crude pummeled in late trade as rig contraction slows

U.S. crude oil prices tumbled nearly 6% late Friday as traders fret over the slowing pace of U.S. rig declines.


Intel in talks to buy Altera in chipmaker's biggest-ever deal: WSJ




How American frackers plan to beat OPEC

Plunging oil prices have forced U.S. drillers to slash costs -- which is making them much tougher competitors.


More proof the U.S. economy is beating the rest of the world

At first glance, the corporate profits data released today by the Commerce Department don't look good. Profits fell by 0.8 percent in 2014 from the prior year, the first decline since the middle of the recession.


Why I'm feeling much better about stocks: Siegel

Jeremy Siegel tells CNBC he feels more relaxed about the prospects for stocks despite four-straight down trading days.


How oil is preparing for a new world order

A new oil order has arrived and it will be marked by greater uncertainty and generally lower oil prices, strategists say.


Torn-up sick notes show crash pilot should have been grounded

German authorities said on Friday they had found torn-up sick notes showing that the pilot who crashed a plane into the French Alps was suffering from an illness that should have grounded him on the day of the tragedy. French prosecutors believe Andreas Lubitz, 27, locked himself alone in the cockpit of the Germanwings Airbus A320 on Tuesday and deliberately steered it into a mountain, killing all 150 people on board. "Documents with medical contents were confiscated that point towards an existing illness and corresponding treatment by doctors," said the prosecutors' office in Duesseldorf, where the co-pilot lived and where the doomed flight from Barcelona was heading. Germanwings said Lubitz had not submitted any sick note that would have grounded him on Tuesday, March 24, the day of the crash.


White House pans Senate-passed budget for 'gimmicks,' funding cuts

The White House criticized the budget passed by the Republican-led U.S. Senate on Friday for boosting military funding while cutting domestic spending on education, job training and manufacturing programs touted by President Barack Obama. "The president has been clear that he will not accept a budget that locks in sequestration or one that increases funding for our national security without providing matching increases in funding for our economic security," the White House said in a statement.


US isolated as allies line up to join China-led bank

U.S. resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies and given some heft to China's frequent complaints that Washington wants to contain its rise ...


Yellen in SF; Oil trade gets messy; Biotechs hit a bump: What to watch

Here are three things to watch today as we close out the trading week.

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ICM Lending is a loan lender specializing in reverse mortgage. While we represent individuals for reverse mortgages throughout California, many of our clients have Orange County real estate and Los Angeles real estate. If you are 62 years of age or older and are interested in learning more about a reverse mortgage and how it can help to supplement your monthly financial needs, please contact ICM Lending...



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Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs. Whether you are purchasing your dream home, refinancing an outstanding loan, or consolidating debt, our highly experienced team of loan officers can help you find the right loan program at the lowest rate no matter what your needs are...



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ICM Lending is a mortgage company that can help with your refinance needs. We refinance loans throughout California, particularly loans in OC and loans in LA counties. If you are looking for loan consolidation, ICM Lending can help you...



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Apartments and housing versus renting and buying. The decision is yours. If you are ready to purchase one of those houses for sale, ICM is your lending partner. ICM handles loans in OC, in LA, and loans in all of California. Our site has an easy to use online mortgage calculator so that you can look into your lending needs at your own pace. You may also speak with someone live at ICM Lending to discuss which loan program may best fit your purchase needs...