Archive for April 16th, 2009
Audit: Small biz stimulus relief months behind schedule
More than a month after President Barack Obama pledged “aggressive action” to help small businesses struggling to survive the recession, key government relief efforts are running behind schedule, an audit report released Thursday points out.
Google profit beats estimates
Shares of Google Inc. rose in after-hours trading Thursday after the Internet search company said its first-quarter profit climbed 8.9% and topped Wall Street’s forecast, amid a tough advertising environment.
Nasdaq hits 5-month high
Wall Street recharged the advance Thursday, with the major gauges touching multi-month highs on JPMorgan Chase’s better-than-expected results and anticipation about Google’s profit report.
AIG sells auto insurer for $2 billion
AIG made the first big dent Thursday in its mountain of IOUs to taxpayers.
Oil gains limited on mixed US, China data
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Bank stress test results released May 4
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Help with credit-card debt
The average American family carries $8,000 to $10,000 in credit-card debt. A new Web site, called helpwithmycredit.org, was developed by the credit card industry to help consumers out. The site promises to help you manage your debt; communicate better with your credit card companies, and will hook you up with accredited credit counselors.
Treasurys retreat as Fed keeps buying
Treasurys fell Thursday as investors responded to mixed economic news and the Federal Reserve’s ongoing campaign to buy $300 billion worth of U.S. debt.
Dollar rises on renewed economic concerns
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Harley-Davidson: Bears vs. bulls
Weak consumer spending and frozen credit markets are making a rough ride for Harley-Davidson.
