Here come the California IOUs.
Cash-poor California turns to IOUs
July 3rd, 2009 · No Comments
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Small business lending falls sharply
July 3rd, 2009 · No Comments
Despite emergency stimulus measures, small business lending continues to fall. In the just-ended quarter, the Small Business Administration’s flagship program backed 30% fewer loans than it did a year ago, and 55% fewer loans than it did in 2007, before the recession set in.
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Small business lending still down sharply
July 2nd, 2009 · No Comments
Despite emergency stimulus measures, small business lending continues to fall. In the just-ended quarter, the Small Business Administration’s flagship program backed 30% fewer loans than it did a year ago, and 55% fewer loans than it did in 2007, before the recession set in.
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Health care: Will ‘pay or play’ chase employers away?
July 2nd, 2009 · No Comments
It is one of the touchiest issues in the health care debate: Would a government-run health plan upend the employer-based health insurance system used by 160 million Americans?
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FDIC’s tough terms for buyers of failed banks
July 2nd, 2009 · No Comments
Read full story for latest details.
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The last thing consumers need
July 2nd, 2009 · No Comments
In his latest astutely staged gesture as grand economic reformer, President Obama this week directed his Treasury Department to deliver to Congress a 153-page bill creating a new agency to protect unwitting consumers against devious lenders.
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Money train: The cost of high-speed rail
July 2nd, 2009 · No Comments
President Obama is pouring $13 billion into an ambitious high-speed rail project. Some say it will never make money. Some say it will. And still others say profit is not even the point.
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Wesley Clark: Ethanol’s field general
July 2nd, 2009 · No Comments
If ever there were an industry in need of a general, it’s the ethanol industry. Already under siege from food companies blaming biofuels for rising grocery prices, ethanol companies are now seeing their profit margins crushed by falling prices for their product. Compounding the problem, many environmentalists — who five minutes ago seemed to be in ethanol’s corner — have turned against the corn-based fuel.
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Job market takes turn for worse
July 2nd, 2009 · No Comments
The battered U.S. labor market took a step backwards last month as employers trimmed more jobs from their payrolls in June, according to a government report Thursday.
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California on brink of IOUs
July 2nd, 2009 · No Comments
Here come the California IOUs, again.
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