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Hurricane Watch 2009
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Economy and You
STUDY: Single Women Of Color Age 36-49 Have Median Wealth Of Just $5
![]() March 12, 2010 By: The Huffington Post According to a report released by the Insight Center for Community Economic Development this week, there is a vast discrepancy in wealth between single women of color and single white women. The study, "Lifting As We Climb: Women of Color, Wealth, and America's Future," found that while the media...
States tap stimulus as more U.S. families seek aid
March 12, 2010
By: Reuters
Many states have used funds from the $863 billion U.S. economic stimulus plan to help give a rising number of poor families emergency cash assistance, the Government Accountability Office said on Thursday
Mortgage Rates Drop Slightly in Freddie Mac Weekly Survey
![]() March 12, 2010 By: Freddie Mac McLean, VA – Freddie Mac (NYSE:FRE) hasreleased the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.95 percent with an average 0.7 point for the week ending March 11, 2010, down from last week when it averaged 4.97 percent. Last year ...
Small businesses still not hiring. Tax credits won’t help.
![]() March 12, 2010 By: Christian Science Monitor In almost every previous recession it has been small businesses that created the job growth that pulled us out of high unemployment. According to the latest poll of small business owners taken by the NFIB, small businesses are not yet moving into job creation mode.
Households recovering from economic freefall
![]() March 12, 2010 By: CNN Money NEW YORK-- The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday. Household net worth, the difference between assets and liabilities, rose to $54.2 trillion in the fourth quarter of 2009, up from $53.5 trillion in the third q...
Citigroup Shares Spike Higher After Speech
March 12, 2010 By: The Stret Shares of Citigroup(C) surged to new highs for Thursday's session in reaction to the bullish message of CEO Vikram Pandit at an investor conference in New York.
Why Won’t the S.B.A. Lend Directly to Small Businesses?
March 11, 2010
By: NY Times Blog
Back in late January, a Florida entrepreneur, Steve Gordon, got the opportunity to take his concerns about the recession straight to the top. If banks won’t make loans to small business, he asked President Obama at a town hall meeting in Tampa, why not have the Small Business Administration make loa...
The Subprime Lending Business Survives, Even Thrives
March 11, 2010
By: Time
Poor credit? It's still no problem for some lenders. The financial crisis was supposed to ring the death knell for companies that make loans to people who have had problems with debt. But a year and a half later, so-called subprime lending is alive and well. What's more, fears that increased regulat...
Senate votes to extend parts of stimulus plan
![]() March 11, 2010 By: Kansas City Star WASHINGTON | The Senate voted Wednesday for a $137.9 billion package extending parts of last year’s economic stimulus measure, including help for the jobless and money to help states pay for health care for the poor.
Foreclosures leveling off
![]() March 11, 2010 By: CNN Money The national foreclosure rate fell 2% in February from a month earlier, according to an industry report released Thursday, the latest sign that the pace of foreclosures is slowing. In January, the foreclosure rate had fallen 10% from December, according to RealtyTrac. And though foreclosures were up... |
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