Published: September 16, 2010
Tags: credit, SBA, Small Business Administration
Comments: 1
Washington (AP) — The Senate passed long-delayed legislation Thursday designed to open up credit to small businesses and award them with other incentives to expand and hire new workers. Democrats won a 61-38 vote to pass the legislation, joined by two Republicans. The measure would establish a $30 billion government account to help open up [...]
Published: March 1, 2010
Tags: credit, economy, Society for Human Resources Management
By KATHLEEN MILLER Associated Press Writer ANNAPOLIS, Md. (AP) — It’s hard to find a job in this economy, and now some people are facing another hurdle because potential employers are holding their credit histories against them. Sixty percent of employers recently surveyed by the Society for Human Resources Management say they run credit checks [...]
Published: February 19, 2010
Tags: credit, home builders, housing, mortgages, Obama
By BEN FELLER Associated Press Writer LAS VEGAS (AP) — President Barack Obama is unveiling $1.5 billion in housing help, a boost timed to his appearance in the city with the worst foreclosure crisis in the nation. Obama’s move, detailed by aides in advance of his town hall here Friday, is the latest by a [...]
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Focused on keeping the recovery going and driving down double-digit unemployment, the Federal Reserve is poised to leave interest rates at a record low. Fed Chairman Ben Bernanke and his colleagues resumed a two-day meeeting Wednesday. At the end of the meeting this afternoon, the Fed [...]
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Consumers borrowed less for a record ninth straight month in October, according to the Federal Reserve. It was another sign that consumer spending will remain weak, making it harder for the economy to mount a sustained rebound. According to the Fed, consumer credit fell at an [...]
By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Home resales for October are projected to rise to the highest level in more than two years as first-time buyers, anticipating that a tax credit would soon expire, rushed to beat the clock. Sales are expected to show a 1.4 percent increase to a seasonally [...]
By ALEX VEIGA AP Real Estate Writer SAN DIEGO (AP) — Home prices are expected to grow modestly next year and sales will keep rising as the housing market continues to recover from the worst downturn since the Great Depression, the National Association of Realtors said Friday. Home resales are projected to total 5.7 million [...]
Published: November 6, 2009
Tags: consumer, credit, credit cards, Fed, Federal Reserve, jobs, spending
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery. The Federal Reserve said Friday that borrowing fell at an annual rate of $14.8 billion in [...]
Published: August 25, 2009
Tags: amusement park, credit, Dubai, Dubailand, Emaar Properties, global downturn, Legoland, resorts, Six Flags, Tatweer, theme park, tourism, United Arab Emirates, Universal Studios
A security guard watches the empty offices of the Universal Studios in Dubai, United Arab Emirates, on Aug. 6. AP Photos by Kamran Jebreili Adam Schreck AP Business Writer Dubai, United Arab Emirates — Walk through the grand arched entrance of Universal Studios’ Dubai theme park, and you step into … wind-swept desert. No Hollywood [...]