U.S. consumer credit rises 3.5 percent in September
U.S. consumer credit increased at an annual rate of 3.5 percent in September, offering some positive sign to the weak recovery, reported the Federal Reserve on Monday.
Dollar rises amid Bernanke comments, Greece concerns
NEW YORK (Xinhua) — The U.S. dollar rose against most major currencies in late New York trading on Tuesday as U.S. Federal Reserve Chairman Ben Bernanke said that U.S. economy growth was weaker than expected and investors concerns about default risk of Greek debt. Bernanke said that the economy is weaker than the central bank [...]
National Mortgage Complaint Center Warns About The US Residential Real Estate Market
The National Mortgage Complaint Center is warning of further US residential real estate valuation declines, based on new information related to US foreclosures. The group worries if the US residential real estate markets do not soon stop their declines, a second recession might be a optimistic thing.
Five Recession-Busting Financial Benefits of Flying ‘Low-Cost’
Discount carriers have long been regarded as cheap and unreliable, with awful staff and even worse service. However, Phillip Clark, a commercial pilot with more than fifteen years’ experience, and freelance writer for www.iCheapAirfares.com, believes that many of the low-cost outfits have learned from the early days, when it was simply a matter of keeping [...]
Barclays CEO John Varley Interviewed on First Half Results 2010
LONDON, August 5, 2010 /PRNewswire/ — UK banking group Barclays performs strongly against a backdrop of subdued economic activity helped by falling impairment charges, according to Group CEO John Varley. He also points to gross new lending in the UK, in the first half, of GBP18 billion as evidence that the bank is “wide open [...]
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