Archive for the ‘Loans’ Category

Roseanne Barr running for president

Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – Roseanne Barr has filed the official paperwork necessary to run for the Green Party nomination for president of the United States. Barr filed her paperwork with the Federal Election Commission on Jan. 25. Her filing creates a four-way race for the Green nomination, [...]

U.S. stocks fall as GDP trails forecast

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Wall Street opened lower Friday after a report showed that the U.S. economy expanded less than forecast.. Just after the opening bell, the Dow Jones Industrial Average was lower by 33 points, the Standard and Poor’s 500 Index was flat and the [...]

Wall Street opens mixed Friday on GE, Google earnings

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Wall Street opened mixed to lower Friday morning following earnings reports from General Eclectic and Google that disappointed. Just after the opening bell, the Dow Jones Industrial Average was flat, the S&P 500 Index was down 3 points and the NASDAQ fell [...]

Atlanta’s tallest building heading for foreclosure

Diane Alter – AHN News Reporter Atlanta, GA, United States (AHN) – Oh how the tall and mighty have fallen. Atlanta’s tallest building, Bank of America Plaza, a tower bought at the market peak, has been struggling with rising vacancy rates and a heavy debt load. A foreclosure date has been set for the storied [...]

U.S. consumer borrowing rises in November

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Consumer borrowing in the United States rose in November by more than analysts had expected, fueled by purchases of cars and other items. Spending rose by $20.4 billion to $2.48 trillion, which was the largest monthly increase since November 2001, according to the [...]

Italy’s government finds borrowing costs remain high

Linda Young – AHN News Writer Rome, Italy (AHN) – Italy’s borrowing rate came down slightly at its latest bond auction, but still remained high with investors worried over the eurozone debt crisis. Interest rates on 10-year bonds dropped by only 0.5 percentage points from the yield prices on debt auctioned in November. However, economists [...]

U.S. stocks little changed early after durable goods report

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Friday after a mixed November durable goods orders report that showed a 3.8 percent increase, the most in four months. In light trading, just after the opening bell, the Dow Jones Industrial Average was up 15 points, the [...]

Treasury sells 30-year bonds at record lows

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The U.S. Treasury Department sold $13 billion in 30-year bonds Wednesday at a record low yield of 2.925 percent. Despite the debt security having the lowest yield on record, investors in the U.S. and around the world still have a hearty appetite [...]

Moody’s downgrades top three French banks

Linda Young – AHN News Writer Paris, France (AHN) – Moody’s announced Friday it was downgrading the credit rating of all three of France’s top banks because of the difficulty they have borrowing money. Credit Agricole and BNP Paribas went down one notch from a Aa2 rating to Aa3, which is the fourth-highest investment grade [...]

US stocks look to extend last week’s impressive gains

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened up on Monday morning as investors and traders look to extend last week’s strong rally. Just after the opening bell on Wall Street, the Dow Jones Industrial Average climbed 157 points, the Standard & Poor’s 500 Index rose 18 [...]

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