Cash-poor California turns to IOUs

Filed Under (Economic) by on 02-07-2009

Here come the California IOUs.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Small business lending falls sharply

Filed Under (Economic) by on 02-07-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Small business lending still down sharply

Filed Under (Economic) by on 02-07-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Health care: Will ‘pay or play’ chase employers away?

Filed Under (Economic) by on 02-07-2009

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?

Original post by Economic news - CNNMoney.com and software by Elliott Back

FDIC’s tough terms for buyers of failed banks

Filed Under (Economic) by on 02-07-2009

Read full story for latest details.

Original post by Economic news - CNNMoney.com and software by Elliott Back

The last thing consumers need

Filed Under (Economic) by on 02-07-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Money train: The cost of high-speed rail

Filed Under (Economic) by on 02-07-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Wesley Clark: Ethanol’s field general

Filed Under (Economic) by on 02-07-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Job market takes turn for worse

Filed Under (Economic) by on 02-07-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

California on brink of IOUs

Filed Under (Economic) by on 02-07-2009

Here come the California IOUs, again.

Original post by Economic news - CNNMoney.com and software by Elliott Back

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