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{ Tag Archives } the-economic

U.S. card losses improve despite recovery fears

NEW YORK (Reuters) – Fewer Americans fell behind on credit card payments in June, with delinquencies at their lowest this year at major U.S. card lenders, but the results did not stem concerns about the economic recovery.

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Tax relief sought for Gulf states hit by spill

WASHINGTON (Reuters) – Bipartisan lawmakers on Friday sought tax breaks for mostly small business to help cushion the economic blow from oil still spewing from BP Plc’s deep sea well in the Gulf of Mexico.

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Toyota to make Corollas in Mississippi in 2011

DETROIT (Reuters) – Toyota Motor Corp is resuming construction of a plant in Mississippi that had been put on hold amid the economic downturn and plans to make its top-selling Corolla sedan there starting in autumn 2011.

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German bankruptcies up 17 pct in September

BERLIN – (AP) The number of German businesses filing for bankruptcy was up more than 17 percent on the year in September, according to official data Tuesday suggesting that country is still suffering the effect of the economic crisis. The Federal Statistical Office said that courts Read the rest here: German …

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Puerto Rico braces for ‘people’s strike’

Labor unions called for a “people’s strike” to be held on Thursday in Puerto Rico to protest widespread government cutbacks announced last March in the wake of the economic downturn. See the original post: Puerto Rico braces for ‘people’s strike’

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President Obama To Make Filing For Bankruptcy Easier

In his address Feb. 18 regarding his plans to mitigate the current mortgage crisis, President Obama announced that his administration will reform bankruptcy rules to make it easier for individuals to seek such relief. While his press conference in Mesa, Ariz

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