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Bank of America Corp. shares dropped about 9% in trading Friday as the stock market ended the week on a sour note, reacting to concerns about big bank revenues and consumer pessimism.
Most major Charlotte-area stocks followed the Dow into negative territory. The Dow closed down 2.5 percent to 10,097, a drop of more than 261 […]
Instant online cash advance with next-day cash direct deposit.
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The Nashville Convention & Visitors Bureau hopes World Cup fever has hit Nashville.
In an effort to bolster the city’s chances of hosting games if the tournament comes to the U.S. in 2018 or 2022, the bureau is hosting a viewing party for the World Cup final Sunday, July 11 at LP Field. The event is […]
As with fast payday loans, this recently used to be the case, but competitive lenders and higher demand has taken this loan type to mainstay levels.
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Standard & Poor’s Ratings Services lowered its rating to BB- from BB on $758 million of 2007 bonds issued for the West Penn Allegheny Health System, the rating agency announced on Friday. The outlook was stable.
“The downgrade reflects West Penn’s difficulties fully reaching targeted financial expectations set by both prior management at the time of […]
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Ronnie’s Ice Cream, a 31-year-old frozen dessert manufacturer, will move from St. Louis to Crestwood’s Watson Industrial Park Drive this year, co-owner Ron Ryan said after the Board of Aldermen approved a conditional use permit Tuesday night.
Ronnie’s now makes Quezel Sorbets and other specialty desserts at 1919 South Grand Boulevard cash advance […]
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The replacement of Japan’s finance minister four months into the government’s term increases concern about the commitment to rein in budget deficits, Moody’s Investors Service said.
“Japan’s fiscal strategy unknowns deepen” with the appointment of Naoto Kan last week, Thomas Byrne, senior vice president of Moody’s in Singapore, wrote in a note today.
Byrne’s […]
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South Korea’s exports increased at the fastest pace in 17 months, adding to signs that Asia’s fourth-largest economy is recovering from the global recession.
Overseasshipments gained 33.7 percent in December from a year earlier to $36.2 billion, the Ministry of Knowledge Economy said today. That was more than the median 27.9 percent forecast in […]
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Asia should keep interest rates low even as China, South Korea and other emerging economies in the region may grow at the fastest pace in three years in 2010, the Asian Development Bank said.
“Inflation is still low,” Jong-Wha Lee, the Asian Development Bank’s chief economist, told reporters in Manila today. “We haven’t seen […]
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OTTAWA–Mounting governmental and household debt are posing new risks to the stability of financial systems, the Bank of Canada said Thursday in its latest analysis.
The central bank’s semi-annual Financial System Review finds that overall conditions have improved in the short term since it last reported in June.
But it adds that record-high debt […]
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The number of people making initial claims for unemployment payments fell in the week ending Nov. 21, the U.S. Labor Department reported Wednesday.
The advance figure for seasonally adjusted claims was 466,000, down from 501,000 in the week ended Nov. 14, according to a news release.
The total number of U.S. citizens receiving unemployment benefits as of […]
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The Bank of England said on Thursday it would expand its quantitative easing program by 25 billion pounds ($41.5 billion) to help kick-start Britain’s recession-hit economy.
The increase brings the central bank’s total asset-buying program to 200 billion pounds, the equivalent of more than 14 percent of Britain’s economic output.
The BoE also left interest rates […]
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