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  • After Emerging From Bankruptcy Washington Wants To Know Why GM Is Jumping Back Into High Risk Loans Monday, July 26, 2010 @ 3:04PMGeneral Motors Co. , the automaker 61 percent owned by the U.S. Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit.
  • US borrowers are better managing household debt Sunday, July 25, 2010 @ 3:31AMNEW YORK - Americans are slowly regaining control of their household budgets.
  • Financial reform changes some rules on Main Street and Wall Street Sunday, July 25, 2010 @ 3:20AMWASHINGTON — President Barack Obama on Wednesday signed into law the most wide-ranging reforms in the U.S. financial system since the 1930s.
  • The value of finer arithmetic Saturday, July 24, 2010 @ 1:43PMSudhir Vishwakarma thought buying a two-wheeler was well within his budget. After all, he had saved Rs 40,000 and needed just Rs 15,700 for the Honda Twister. He was mistaken. The dealer offered him a loan product with an equated monthly instalment (EMI) of Rs 1,719 for 12 months.
  • GM's purchase of subprime lender rubs lawmakers wrong way Friday, July 23, 2010 @ 10:59PMGM's purchase of subprime lender rubs lawmakers wrong way
  • Grassley slaps GM buy of subprime unit Friday, July 23, 2010 @ 6:40PMGeneral Motors , the automaker 61 percent owned by the Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit.
  • Movers & Shakers: Friday's biggest gaining and declining stocks Friday, July 23, 2010 @ 7:55AMStocks that are moving significantly in trading Friday include A&P, Amazon.com, E-Trade, Ford, QLogic and SanDisk.
  • BB&T: Colonial switch smooth Friday, July 23, 2010 @ 4:47AMBB&T, which reported a 74 percent earnings gain Thursday, said it completed its operational merger with failed Colonial Bank and is seeing good results.
  • Huntington has more good news Friday, July 23, 2010 @ 4:43AMHuntington Bancshares reported its second straight profitable quarter yesterday amid fresh signs that the Columbus-based banking company is stabilizing after a rough few years.
  • Microsoft gains bode well for tech sector - Fri, 23 Jul 2010 PST Friday, July 23, 2010 @ 2:05AMMicrosoft Corp. said Thursday that its net income surged in the most recent quarter, the latest sign that businesses are again spending money on technology. Strong sales of Windows, particularly to Microsoft’s corporate customers, helped boost results in the fiscal fourth quarter. Microsoft said it has sold more than 175 million licenses of the newest version, Windows 7, since it went on sale ...
  • GMs AmeriCredit Deal: Subprime Isn’t All Bad Thursday, July 22, 2010 @ 5:06PMAdmittedly, the optics on the deal aren't so hot. Government-owned General Motors, recipient of $17 billion in government bailout money, much of which likely won't be paid back, uses its precious cash to acquire a subprime auto lender, AmeriCredit.
  • EZCORP Third Quarter Earnings Jump 39% Thursday, July 22, 2010 @ 3:01PMEZCORP, Inc. , a leading pawn store operator and provider of specialty consumer financial services, today announced results for its third fiscal quarter ended June 30, 2010.
  • GM to Purchase Auto Finance Company Thursday, July 22, 2010 @ 2:41PMGM just announced that it's going to buy AmeriCredit.  Why?  Because without a captive… AmeriCredit - General Motors - GMAC - Finance - Initial public offering
  • Growth from infra to keep credit demand buoyant: S&P Thursday, July 22, 2010 @ 1:40PMBanks in India continue to witness good demand for loans on demand for funds for large scale investment in infrastructure projects, acquisitions by companies, and a resurgent demand for working capital and capital expenditure, a study by Standard & Poor’s (S&P’s) said.
  • 4. US stocks drop as Fed warns of uncertain economy Wednesday, July 21, 2010 @ 6:22PMNEW YORK: Stocks fell sharply Wednesday after Federal Reserve Chairman Ben Bernanke confirmed investors' fears that the economy has weakened. Interest rates dropped in the Treasury market as investors sought safer places for their money.
  • Wells U.S. Bancorp see some recovery Wednesday, July 21, 2010 @ 12:30PMWells Fargo & Co and US Bancorp two of the largest banks in the United States said rising loan demand helped lift their earnings more than analysts had expected.
  • The new consumer agency: What's in it for you Wednesday, July 21, 2010 @ 5:09AMElizabeth Warren may run the new bureau. There is little debate that the financial reform bill President Obama signs on Wednesday includes the most ambitious consumer-friendly initiative in decades. The question is: Will the new Bureau of Consumer Financial Protection matter to you? The law creating the bureau includes very few new regulations to protect consumers. Instead, you can think of the ...
  • What Will Financial Reform Mean for the Poorest? Monday, July 19, 2010 @ 8:34PMWith President Obama set to sign financial reform legislation, much of the attention has been on the biggest U.S. banks lately. But what about lending practices that affect the poorest Americans? Hari Sreenivsan discusses the "poverty industry" with "Broke, USA" author Gary Rivlin.
  • Rick Rule's Rubrics: Riding the High Volatility Waves without Wipeouts Monday, July 19, 2010 @ 3:44PMWith the inviting California surf a stone's throw from his office, Global Resource Investments Founder and CEO Rick Rule is always generous in sharing his wit and wisdom.
  • SEVERE WEATHER: At Least Three Dead in Saturday's Flash Flooding Saturday, July 17, 2010 @ 9:45PMAt least three people are dead after Saturday's flash flooding in eastern Kentucky.
  • SEVERE WEATHER: Pike County in State of Emergency, Several Deaths Reported Saturday, July 17, 2010 @ 9:45PMThousands of Pike County residents are without power and water after Saturday night's flood. Gov. Steve Beshear has declared Pike County a state of emergency. Photo slideshow included.
  • UPDATE: Bull Jumps From Trailer Along I-64; Search Underway Friday, July 16, 2010 @ 2:30PMAn elusive creature seems determined to make his last rodeo end the hard way.
  • UPDATE: Missing Bull Shot and Killed Near I-64 Friday, July 16, 2010 @ 2:30PMThe bull that jumped off a truck on I-64 near Huntington has been caught and put down.
  • Congress Approves Sweeping Financial Regulation Bill Thursday, July 15, 2010 @ 2:11PMHere's a brief summary of the good and bad that may result from its major provisions. Fannie Mae - Freddie Mac - Great Depression - Hedge fund - House
  • China growth slows amid credit curbs Thursday, July 15, 2010 @ 11:46AMChina’s rapid growth is slowing as the impact of its huge stimulus fades and Beijing clamps down on a credit boom.
  • Provisions of the financial overhaul bill Thursday, July 15, 2010 @ 8:41AMBy The Associated Press Highlights of the compromise legislation to overhaul financial rules:
  • Provisions of the financial overhaul bill Thursday, July 15, 2010 @ 8:13AMHighlights from the financial regulation bill negotiated by House and Senate lawmakers
  • Provisions of the financial overhaul bill Thursday, July 15, 2010 @ 8:03AMHighlights of the compromise legislation to overhaul financial rules: -------- OVERSIGHT A 10-member council of regulators led by the Treasury secretary would monitor threats to the financial system.
  • China's economic growth slows amid credit curbs Thursday, July 15, 2010 @ 12:29AMChina's rapid growth is slowing as the impact of its huge stimulus fades and Beijing clamps down on a credit boom.
  • China's Economic Growth Slows Amid Credit Curbs Thursday, July 15, 2010 @ 12:28AMChina says growth slows as stimulus winds down, government clamps down on credit Government - China - Asia - Inflation - Business and Economy
  • China's economic growth slows amid credit curbs Thursday, July 15, 2010 @ 12:14AMChina says growth slows as stimulus winds down, government clamps down on credit
  • World › China says economic growth slowing Thursday, July 15, 2010 @ 12:12AMChina's rapid growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom. The world's third-largest economy…
  • Good Credit, Problem Credit or No Credit - CarMoneyFast Work with All Credit Types ! Wednesday, July 14, 2010 @ 11:58PMArrange your next car loan with us. Our online car loan applications takes less then minutes to complete and loan decision normally occur within hours.
  • Auto loan modifications loosely regulated Monday, July 12, 2010 @ 10:35AMMaybe you unexpectedly lost your job or had costly emergency surgery. Those big monthly payments on the new car you bought two years ago, when life was good, are weighing heavily on your wallet. You couldn't make last month's installment.
  • Bankruptcy shadow lengthens in Mercer Monday, July 12, 2010 @ 9:39AMTRENTON - Bankruptcy filings are soaring locally and across the nation as unaffordable mortgages, job losses, the credit squeeze and mounting debt force individuals and businesses to default on their obligations and go to the courts for relief.
  • Banking lawyer assesses overhaul Friday, July 9, 2010 @ 1:27AMNew Jersey banking lawyer Michael M. Horn talks about financial regulatory overhaul and what it means to community banks.
  • Former banking commissioner discussed proposed financial regulation changes Friday, July 9, 2010 @ 1:14AMNew Jersey banking lawyer Michael M. Horn has been keeping a sharp eye on the federal financial regulatory legislation winding its way through Congress. In a recent interview, he gave The Record his take on the financial overhaul.
  • Wilbur Ross Expected to Buy Stake in Sun Bancorp Wednesday, July 7, 2010 @ 5:20PMThe financier’s private equity firm, which has acquired banks in Florida and Michigan, is expected to pay $50 million for 24.9 percent of Sun Bancorp.
  • Leon Black Loses to Carl Icahn as Apollo Sets New Credit Terms Tuesday, July 6, 2010 @ 11:14PMAs the group dined on Hong Kong-style loup de mer and filet mignon prepared with an Armagnac-peppercorn emulsion, Michael Milken , who worked with Black at junk-bond firm Drexel Burnham Lambert Inc. in the 1980s, praised him for using his deep knowledge of finance to survive the credit crisis, according to people who were there.
  • How financial overhaul affects your everyday life Monday, July 5, 2010 @ 1:54AMNEW YORK The financial overhaul is about more than exotic derivatives and complex risk assessments. It will change how you interact with the financial system every day, from swiping your debit card at the store to applying for a mortgage.
  • Ann Arbor region's credit unions reap benefits of anti-big bank sentiment Sunday, July 4, 2010 @ 5:26AMWashtenaw Federal Credit Union CEO Gregory Gurka stands in front of the credit union's Mansfield Street branch on Thursday, the day the institution changed its name from Ypsilanti Area Federal Credit Union.Lon Horwedel | AnnArbor.comAs consumers consider alternatives to the......
  • Wall Street bill: Changes help consumers, concern business Saturday, July 3, 2010 @ 9:08PMWith an overhaul in financial regulation on the way, Minnesotans comment on the effects of the legislation.
  • Bad 2Q for NEPA retailers' stocks - except AutoZone's Saturday, July 3, 2010 @ 3:07PMRetailers took a trouncing in the second quarter as the overall stock market declined by more than 10 percent. BusinessWeekly's review of the more than 71 stocks of publicly traded companies with a presence in Northeast Pennsylvania showed that only fiv
  • How to delay or cancel your mortgage closing Thursday, July 1, 2010 @ 8:41PMWant a lender to delay or even cancel your mortgage closing? Then change your “borrower circumstances” between the day you apply for and the day you close a home loan. Lenders have gotten stricter in response to the mortgage meltdown. The latest tightening of the screws comes from Fannie Mae.
  • 10 ways financial reform falls short Thursday, July 1, 2010 @ 6:48PMGood things survived the weakened legislation providing oversight and regulation of the US financial system. But the measure needs to be stronger.
  • Business update: Data suggest recovery is fizzling - Thu, 01 Jul 2010 PST Thursday, July 1, 2010 @ 2:30PMFears that the economic recovery is fizzling grew Thursday after the government and private sector issued weak reports on a number of fronts. Unemployment claims are up, home sales are plunging without government incentives and manufacturing growth is slowing.
  • Payday Advance Loans in Arizona Terminated! Thursday, July 1, 2010 @ 2:26PMAboutPaydayLoan.com - It looks like California isn't the only State with a Terminator running legislation. Former Arizona Assistant Attorney General Vince Rabago spent many years fighting the payday lending industry and today, with the help of Attorney General Terry Goddard on "operation sunset", they managed to terminate the payday loan business in the State of Arizona.
  • Ford flexes muscle with a $4-billion message Thursday, July 1, 2010 @ 5:01AMFord sent a message to Wall Street that it's thriving despite the still-weak economy by paying off debt early.
  • NCUA: Arrowhead reported inaccurate data Wednesday, June 30, 2010 @ 11:31PMResponding to more claims that Arrowhead Credit Union's financial performance was improving, the National Credit Union Administration says the San Bernardino-based institution's last quarterly report was "inaccurate."
  • Remarks by the President at a Town Hall Meeting on the Economy in Racine, Wisconsin Wednesday, June 30, 2010 @ 4:52PM1:24 P.M. CDT THE PRESIDENT:  Thank you so much.  Thank you.  Everybody have a seat, if you’ve got a chair.  (Laughter.)  Well, thank you so much.  Thank you, everybody.  It’s great to see you.  (Applause.)  It’s good to be back in Racine!  (Applause.)  It is great to be back in this hall -- because I don't know if there was anybody here who, when I was running for President came -- (applause ...