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Archive for the 'Financial' Category

Washington DC - March 8 - Key vacancies at federal agencies overseeing banks present the White House with appointment opportunities that will play a role in implementing the administration’s financial reform legislation, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - March 4 - The U.S. Department of the Treasury announced that it priced a secondary public offering of warrants to purchase common stock of Bank of America Corporation, representing the Treasury’s sale of its remaining investment in the Company.

To read the entire report, CLICK HERE

Washington DC - March 3 -Economic activity in the non-manufacturing sector grew in February for the second consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.

To read the entire report, CLICK HERE

Washington DC - March 3 - Bankruptcy filings in the federal courts rose 31.9 percent in calendar year 2009, totaling 1,473,675, according to data released by the Administrative Office of the U.S. Courts.

To read the entire report, CLICK HERE

Washington DC - March 3 - Nonfarm private employment decreased 20,000 from January to February 2010 on a seasonally adjusted basis, according to the ADP National Employment Report.

To read the entire report, CLICK HERE

Washington DC - February 26 - The Federal Housing Finance Agency reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans increased 5 basis points to 5.10 percent in January.  The average interest rate on 15- year, fixed-rate loans remained unchanged at 4.54 percent in January.

To read the entire report, CLICK HERE

Washington DC - February 26 - CEOs appear to be emerging from recession mode and priming for a return to growth, according to results of The Conference Board CEO Challenge 2010 Survey just released.

To read the entire report, CLICK HERE

Washington DC - February 25 - Treasury Secretary Timothy F. Geithner offered written testimony before the House Budget Committee on the President’s Fiscal Year 2011 Budget.

To read his full statement, CLICK HERE

Washington DC - February 24 - Long after the financial collapse on Wall Street, Senators are closing in on a bipartisan agreement for financial regulatory reform, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - February 24 - Federal Reserve chairman Ben S. Bernanke delivered the Semiannual Monetary Policy Report to Congress before the House Committee on Financial Services.

To read his full report, CLICK HERE

Washington DC - February 19 - A wave of foreclosures similar to that which swamped the nation’s housing market is threatening the commercial real estate market, according to an article in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - February 19 - Treasury Secretary Geithner announced President Obama’s proposal to improve, extend and broaden the New Markets Tax Credit, attracting additional investments to help revitalize distressed communities.

To read the entire report, CLICK HERE

Washington DC - February 19 - President Obama issued an executive order establishing the National Commission on Fiscal Responsibility and Reform, charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run.

To read the entire report, CLICK HERE

Washington DC - February 18 - One year after enactment of a record stimulus package, signs of a stabilizing economy are tempered by persistent high numbers in the nation’s unemployment, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - February 18 - The Conference Board Leading Economic Index for the U.S. increased 0.3 percent in January, following a 1.2 percent gain in December, and a 1.1 percent rise in November.

To read the entire report, CLICK HERE