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In domestic abuse situations, abusers use money or finances to prevent victims from leaving. Advocates of domestic violence victims are concerned that the difficult economy could lead to more cases of financial abuse — especially if the abuser is ...
Economic abuse can cripple victim's credit - Fort Lauderdale Sun-Sentinel
REDWOOD CITY, Calif. - As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of ...
Associated Press Chris Sakelarios, left, talks with her business partner Eric Geedey at Caffe Sportivo in Redwood City, Calif. Sakelarios opened Caffe Sportivo after taking out a $20,000 SBA loan from Union Bank in late 2007 when the economic outlook ...
Souring small business loans are costing taxpayers billions - Cleveland Plain Dealer
July 27 (Bloomberg) -- Hungary’s central bank probably will cut the benchmark interest rate for the first time in six months today as a stronger forint eases concern over financial stability and an economic recession keeps inflation in check. The ...
Hungary’s Central Bank to Cut Key Interest Rate, Survey Shows - Bloomberg
In 2007, Terry Watanabe was almost the million-dollar-a-day man. The former Omaha businessman, known for his generosity to local charities and his mansion atop a Regency hill, made nearly $357 million in bets that year at casinos owned by Harrah's ...
Casinos rolled dice with Watanabe - Omaha World-Herald
NEW YORK, July 26 (Xinhua) -- Wall Street completed the steepest two-week rally for the Dow Jones Industrial Average since 2000, as companies beat profit estimates and an increase in home resales signaled an economic recovery may be underway. On July ...
News Analysis: Earnings-driving rally of U.S. stocks may not be ... - Xinhua News Agency
And when she chose to open a restaurant in Augusta, she chose to buy into a franchise chain -- and in the middle of a recession. In April, Ms. Steele and two partners, Stuart and Marian Gertman, opened Einstein Bros. Bagels on Washington Road. "It's ...
Chain operations offer some sense of security in hard times - Augusta Chronicle
Second loss in three quarters * Increase to reserves more than doubles from Q1 * Homebuilders, Florida, condominiums weigh on credit * Shares fall 6 pct premarket (Recasts; adds financial details throughout, share price) NEW YORK, July 21 (Reuters ...
UPDATE 2-Regions Financial posts Q2 loss on bad loans - Reuters
NEW YORK, July 20 (Reuters) - M&T Bank Corp ( MTB.N ), a large U.S. mid-Atlantic regional bank, on Monday posted better-than-expected results even as increased credit losses and writedowns led to a 75 percent decline in second-quarter profit. The ...
UPDATE 3-M&T Bank profit tops views despite more bad loans - Reuters
Where I grew up, it's in bad taste to talk about your personal finances. But with the financial woes of governments, companies, and ordinary people making headlines just about everywhere you look these days, it's about time we had an honest ...