Debt Assistance News
- Stocks Advance, Treasuries, Dollar Retreat on Employment Report Friday, September 3, 2010 @ 11:53AMStocks advanced, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and the dollar fell as better-than-estimated growth in private payrolls bolstered optimism the economy will avoid relapsing into a recession.
- Finance and Banking Friday, September 3, 2010 @ 11:28AMThe Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("the Act") begins sweeping reform for the U.S. financial system. It requires new and existing regulatory agencies to undertake more than 50 studies of the financial system and more than 250 instances of rulemaking.
- Treasuries Fall, Yield Curve Steepens After Payrolls Report Friday, September 3, 2010 @ 10:58AMTreasuries dropped after the government’s payrolls report showed U.S. companies added more jobs in August than economists forecast, easing concern that the recovery is stalling.
- Real Traders Defy Mantega as Currency Advances: Brazil Credit Friday, September 3, 2010 @ 10:42AMBrazilian Finance Minister Guido Mantega is failing to convince currency traders that the real is poised to slump as foreign investment pours into the country’s stock and fixed-income markets.
- Goldwind Said to Seek $800 Million Reviving Hong Kong Offering Friday, September 3, 2010 @ 10:23AMXinjiang Goldwind Science & Technology Co. is seeking to raise about $800 million by reviving a Hong Kong share offering that was postponed in June, according to three people familiar with the transaction.
- Stocks Advance, Treasuries, Gold Retreat on Employment Report Friday, September 3, 2010 @ 9:57AMStocks advanced, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and gold fell as better-than-estimated growth in private payrolls bolstered optimism the economy will avoid relapsing into a recession.
- Your comments: N.J. faces class-action lawsuit on behalf of legal immigrants losing health benefits in budget cuts Friday, September 3, 2010 @ 9:43AMHighlighting the best comments from the NJ.com community
- Stocks Rally, Treasuries, Gold Retreat Friday, September 3, 2010 @ 9:12AMStocks rallied, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and gold tumbled as better-than-estimated growth in private payrolls bolstered optimism the economy will avoid relapsing into a recession.
- Yen Weakens as Bank of Japan Has Emergency Meeting on Currency Sunday, August 29, 2010 @ 8:18PMThe yen dropped versus all its major counterparts on speculation the Bank of Japan will act to curb currency gains that are imperiling the nation’s export-led economic recovery.
- Deficit Cost Declines Give Obama Stimulus Clinton Couldn’t Get Sunday, August 29, 2010 @ 6:33PMThe bond market is giving President Barack Obama the green light to spend more money to boost the faltering economy.
- State audit: Canajoharie residents will pay for loss of Beech-Nut Sunday, August 29, 2010 @ 5:37PMThe move of Beech-Nut baby food to a new plant in the town of Florida Business Park could cost village taxpayers dearly in its old home town. Beech-Nut moved to the state-of-the-art plant this spring. Now, taxpayers in Canajoharie are facing the prospect of picking up the tab once covered by the plant.
- Romania May Abandon Yield Cap as Investors Balk as ‘Illusion’ Sunday, August 29, 2010 @ 4:33PMRomania may be forced to abandon its cap on borrowing costs as inflation accelerates and investors shun longer-term debt.
- Towards flexible loan management Sunday, August 29, 2010 @ 2:45PMTreasury Secretary Dr P B Jayasundera has rapped the country’s banking sector for making things difficult for borrowers. Delivering the 60th Anniversary Oration of the Central Bank he said, “We in the Treasury often hear from our private sector, the difficulties of borrowing.
- South Korea to Ease Lending Rules, Extend Home Buyer Tax Breaks Sunday, August 29, 2010 @ 10:18AMSouth Korea will ease mortgage lending rules and extend tax breaks to encourage buyers back to the property market after home sales slumped to the lowest level in almost a year and a half.
- New Roof Rising Over Ice Rink Sunday, August 29, 2010 @ 7:24AMThe Aurora Ice Association (AIA) began construction last week on a pavilion-style roof for its ice rink on Riley Street. Following a pledge campaign that concluded in June, the non-profit group was able to start this phase of its rink project. The AIA is continuing to raise money for future features on the site, including a concrete pad for the base of the rink, permanent locker rooms and a ...
- CAL THOMAS: Lower Expectations Saturday, August 28, 2010 @ 9:06AMIn 2008, "60 Minutes" visited Denmark to report on a survey of international happiness conducted by Leicester University in England that concluded Danes are among the happiest people on Earth. The reason? They have low expectations and thus, as Morley Safer noted, "are rarely disappointed."
- Loss of Beech-Nut will cost village taxpayers Saturday, August 28, 2010 @ 7:15AMThe move of Beech-Nut baby food to a new plant in the Town of Florida Business Park could cost village taxpayers dearly in its old home town. Beech-Nut moved to the state-of-the-art plant this spring. Now, taxpayers in Canajoharie are facing the prospect of picking up the tab once covered by the plant in their community. An audit released Wednesday by state Comptroller Thomas DiNapoli found that ...
- Non-profit created to bring help to veterans Saturday, August 28, 2010 @ 3:20AMThe economy has proven to be a challenge during the past few years with Coachella Valley residents realizing their paychecks will stretch only so far.
- Friends Share a Love for Painting Saturday, August 28, 2010 @ 2:40AMThe Community Room of the Aurora Town Public Library is currently home to an exhibition of watercolor paintings by two longtime East Aurorans. Phyllis Gardner and Barbara Booi are not just fellow artists, they’re good friends and, in recent years, teacher and student.
- Marilla Board OKs Repairs to Roof Saturday, August 28, 2010 @ 2:40AMIn a quick Aug. 12 meeting, Marilla Town Board members approved several measures to repair the roofs of the salt storage building and the cold storage building.
- Asian Stocks Post Weekly Decline as Growth Concerns Intensify Friday, August 27, 2010 @ 8:03PMAsian stocks slumped, dragging the MSCI Asia Pacific Index to its second drop in three weeks, as a record plunge in U.S. home sales and slowing export growth in Japan added to evidence the global recovery is faltering.
- Diana Clement : Retail therapy not a cure for depression Friday, August 27, 2010 @ 7:16PMOne in six New Zealanders will experience serious depression at some time in their lives.Just being sad can blow your budget. Virtually everyone has bought something to cheer themselves up at some point in their lives. But clinical...
- Banks are hurting small businesses Friday, August 27, 2010 @ 6:45PMEditorial: This past week Congressman Bob Filner hosted a community meeting that brought together banks and small businesses to talk about increasing bank lending opportunities and the need to expand and create jobs. As editor of La Prensa San Diego which also means managing the businesses end, we wanted to attend and share our story [...]
- Japan’s Bonds Complete Biggest Weekly Decline in Eight Months Friday, August 27, 2010 @ 6:23PMJapan’s benchmark bonds completed their biggest weekly decline in almost eight months as Ichiro Ozawa’s bid for the nation’s premiership raised concern his victory will lead to soaring government spending.
- ‘Stand Down 2010’ for veterans will be held Sept. 10 Friday, August 27, 2010 @ 4:58PMGov. M. Jodi Rell earlier this week said that Connecticut veterans in need will have access to dozens of vital social outreach services during “Stand Down 2010” on Friday, Sept. 10, at the State Veterans Home campus on West Street in Rocky Hill.
- Community Voices: Will next governor keep government strong? Friday, August 27, 2010 @ 3:18PMBy Kerry Meagher, Community Voices I am a budget deficit hawk. That is why I was appalled at the Bush tax cuts that cut taxes so much for the richest Americans that America went from having some major surpluses when President Bush started in office to massive deficits and over a doubling of the public debt when he left office. These massive deficits, along with lack of regulation, left us with ...
- US Highland Announces Successful Reorganization and Commitment to Business Model Friday, August 27, 2010 @ 3:06PMGLENPOOL, OK--(Marketwire - August 27, 2010) - US Highland ( OTCBB : UHLN ) has completed reorganization of its executive officers necessitated by the tragic air accident that took the lives of three key executives. The company has been very fortunate that strong, key team members with broad experience, critical knowledge, and existing company duties were available to come forward and continue ...
- Irish Bonds Slump After S&P Cuts Rating One Step on Banks Wednesday, August 25, 2010 @ 4:48AMIrish bond yields jumped to the highest since May after Standard & Poor’s cut the country’s credit rating one step by to AA- on concern the rising cost of supporting its struggling banks will swell the budget deficit.
- Putin to Offer Shortest-Term Debt in Seven Years: Russia Credit Wednesday, August 25, 2010 @ 4:33AMRussia plans to sell 10-month debt, the shortest-maturity federal bonds in seven years, as investors shun longer-term securities on concern inflation will pick up.
- Unpaid student loans pursued Wednesday, August 25, 2010 @ 4:20AMThe Japan Student Services Organization is in active pursuit of delinquent student loans, having filed 4,233 lawsuits in fiscal 2009 demanding repayment, as the number of borrowers defaulting on repayment continues to rise.
- Ireland Credit Rating Cut One Step by S&P on Rescue Wednesday, August 25, 2010 @ 2:29AMIreland’s credit rating was cut one step by Standard & Poor’s to AA-, the lowest since 1995, on concern the rising cost of supporting the country’s struggling banks will swell the budget deficit.
- Debt Rally Cracking as Double-Dip Fears Haunt: Credit Markets Wednesday, August 25, 2010 @ 2:29AMThe rally that drove corporate bond prices to the highest in six years is showing signs of strain as worsening economic data rattle investor confidence that the U.S. can avoid relapsing into recession.
- Marilla Cub Scouts Hold Family Picnic Wednesday, August 25, 2010 @ 2:27AMCub Scout Pack 290 of Marilla held its annual family picnic at the Marilla Town Park on Aug. 15. The event has turned into a highlight of the summer for many Cub Scout families. Every year the picnic seems to grow in popularity as more games and activities are added. This year, the boys and their families gathered at the shelter for an afternoon of fishing, visiting and playing games.
- Wales Prepares to License Dogs Wednesday, August 25, 2010 @ 2:26AMThe Town of Wales is about to get into the business of licensing dogs full time, thanks to a proposal now before the state legislature that will remove the New York State Department of Agriculture & Markets from its previous oversight responsibilities. The action is seen as a cost-savings gesture by Albany in an attempt to get its spiraling debt and deficit under control. The move making dog ...
- Asian Stocks Fall on Growth Concern; Nikkei Enters Bear Market Tuesday, August 24, 2010 @ 12:04AMAsian stocks fell, with Japan’s Nikkei 225 Stock Average entering a bear market on speculation a U.S. home sales report today will provide more evidence the world’s largest economy is faltering.
- VCHD looks to increase work week Monday, August 23, 2010 @ 11:40PMThe Vermilion County Health Department hopes to return to a five-day work week as early as October after reaching an agreement on its 2011 budget.
- Asian Stocks Fall on Economic Growth Concerns; Yen, Dollar Gain Monday, August 23, 2010 @ 11:35PMAsia’s stocks dropped on concern the global recovery is faltering as a report on U.S. home sales later today may show the world’s biggest economy slowed. The yen and dollar appreciated against most major currencies.
- Japan Stocks Fall as Nikkei Enters Bear Market on U.S. Concern Monday, August 23, 2010 @ 11:34PMJapanese stocks fell, with the Nikkei 225 Stock Average dropping into a bear market before an industry report that may show U.S. sales of existing homes plummeted in July, and as the yen strengthened.
- Asian Stocks Fall on Economic Growth Concerns; Yen, Dollar Gain Monday, August 23, 2010 @ 10:19PMAsia’s stocks dropped on concern the global recovery is faltering as a report on U.S. home sales later today may show the world’s biggest economy slowed. The yen and dollar climbed against most major currencies.
- Aldar’s Sukuk May Rally on Abu Dhabi Support: Islamic Finance Monday, August 23, 2010 @ 9:49PMAldar Properties PJSC’s Islamic bonds, the worst-performing debt among Abu Dhabi-linked companies, are rebounding on speculation the government will support the company.
- Yield Hunt Drives Longest-Maturity Debt Demand: Credit Markets Monday, August 23, 2010 @ 7:19PMLonger-maturity bonds account for the greatest share of issuance in three months as companies take advantage of record-low borrowing costs and investors’ expectations that inflation will stay low in a slowing economy.
- Asia Slowdown to Seriously Affect Europe, EU Economy Chief Says Monday, August 23, 2010 @ 7:09PMSlower economic growth in China, India or other Asian economies would have a “serious negative impact” on Europe’s growth, the European Union’s economic chief said.
- VimpelCom Yields Surging on Sawiris Speculation: Russia Credit Monday, August 23, 2010 @ 11:57AMOAO VimpelCom bond yields hit a one- month high and may rise more should the Russian mobile-phone operator’s parent follow through on merger plans in Italy and Egypt, according to Troika Dialog and Metropol IFC.
- Bond Funds Gain Cash Like Stocks in Dot-Com Era: Credit Markets Monday, August 23, 2010 @ 11:44AMThe amount of money flowing into bond funds is poised to exceed the cash that went into stock funds during the Internet bubble, stoking concern fixed-income markets are headed for a fall.
- Money ‘talk’ big issue for families Monday, August 23, 2010 @ 11:23AMParents across the region are preparing, many for the first time, to send their kids off to college.
- Enel Seeks EU3 Billion From Green Power Sale, IPO Monday, August 23, 2010 @ 11:05AMEnel SpA Chief Executive Officer Fulvio Conti said he expects the company to raise “at least” 3 billion euros ($3.8 billion) from the sale of a minority stake in its Enel Green Power unit, less than his previous estimate.
- Stocks Fluctuate as Economy Concerns Offset Takeover Optimism Monday, August 23, 2010 @ 10:54AMStocks erased earlier gains as speculation the economy may slip into another recession offset investor optimism on corporate takevovers
- Stocks Climb on Takeover Optimism; Yen Rises to Seven Week High Monday, August 23, 2010 @ 10:19AMStocks climbed, with benchmark U.S. and European indexes rebounding from one-month lows, as more than $1 trillion in takeovers this year stokes investor confidence. The yen rose to a seven-week high against the euro.
- Chavez Debt Trounced by Fernandez Bonds: Argentina Credit Monday, August 23, 2010 @ 10:04AMArgentina’s fastest growth in at least three years is pushing its bond yields to the lowest relative to Venezuela in a decade while President Hugo Chavez’s economy is mired in recession.
- Housing Slide in U.S. May Drag Economy Into Recession Monday, August 23, 2010 @ 9:59AMHousing led the U.S. out of seven of the last eight recessions. This time, it may kill the recovery.
