Archive for July, 2009
Monday, July 27th, 2009
AFP - Leading US banks are not lending as much as bankers and borrowers refrain from taking risks in the uncertain economy, The Wall Street Journal reported.Source:Lending slowdown in US: report
(AFP)
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Sunday, July 26th, 2009
This money crisis is a depressing and maddening thing for everyone. Firms become bankrupt left and right, millionaires finish up homeless, and the regular Joe discovers himself out of a job. Investments in the cash market have come up empty, and what little money is left is quickly losing price ...
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Sunday, July 26th, 2009
AP - As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of defaults to rise as the nation continues to climb out of ...
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Sunday, July 26th, 2009
AP - Ceramics artist Heidi Sowa had her eyes set on Portland for years. The city was not too big, had a cohesive arts community and plenty of easygoing and helpful people.Source:Portland's 'young creatives' tough out tough times
(AP)
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Sunday, July 26th, 2009
AP - SLM Corp., better known as Sallie Mae, said Tuesday investment losses pushed it to a loss for the second quarter.Source:Sallie Mae 2Q loss attributed to investment losses
(AP)
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Saturday, July 25th, 2009
Reuters - California's legislature on Friday approved a $24 billion package of bills to close a deficit that had driven the state to the edge of financial ruin, although Governor Arnold Schwarzenegger said the weak economy could create new budget holes.Source:California closes budget gap, worries about next
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Saturday, July 25th, 2009
Reuters - U.S. consumer confidence waned in late July to its lowest ebb since April on growing pessimism about the long-term economic outlook, especially about income and jobs, a survey showed on Friday, even as some economists reckon the longest recession in decades may be easing.Source:U.S. consumers' mood wanes in ...
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Saturday, July 25th, 2009
Reuters - Commercial mortgages at U.S. banks have been failing at the fastest rate in nearly 20 years, the Wall Street Journal said, citing its own analysis.Source:Commercial mortgage failure at 20-year high in U.S.: report
(Reuters)
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Saturday, July 25th, 2009
The most excellent time for looking out for the top loan available in the market that one can grab is the time when one has wholly made up his mind that what he needs to purchase and how much does he think he can afford. For having the best prices ...
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Friday, July 24th, 2009
AFP - Oil prices rose Friday, powered higher by growing optimism that the recession-stricken US economy is on the mend after a series of positive corporate earnings reports.Source:Oil prices rise on brighter economic outlook
(AFP)
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