Archive for November, 2009
Obama: US economy has ‘core strengths’
Obama says US economy has ‘core strengths’ that put nation in good shape for long term
On 4:32 pm EST, Monday November 23, 2009
WASHINGTON (AP) — President Barack Obama said Monday the nation’s economy is in good shape for the long term thanks to “core strengths” such as its universities, its innovation and a dynamic [...]
Geithner: ‘The credit crunch is not over’
Small businesses took center stage as Washington power players convened to tackle the growing crisis in lending.
By Catherine Clifford, CNNMoney.com staff reporter
WASHINGTON (CNNMoney.com) — One day after Goldman Sachs’ CEO apologized for his bank’s role in the financial meltdown, Treasury Secretary Tim Geithner called on the nation’s financiers to step up and do more to [...]
Who is running Craigslist?
Ok, I have had enough!
For years now I have maintained this blog site to share insights and news bites about the economy and general business topics that might be useful. After some procrastination and a bit of free time, I have decided to use this site for what it was really meant for…ranting about [...]
Bernanke: Weak recovery ahead
Fed chairman said high unemployment and tight credit will limit economic growth, but he dismissed worries about another recession and dollar weakness.
By Chris Isidore, CNNMoney.com senior writer
NEW YORK (CNNMoney.com) — Federal Reserve Chairman Ben Bernanke said the recovery in the U.S. economy will be modest, with higher than desired levels of unemployment in the foreseeable [...]
U.S. Economy: Retail Sales Rebound From Year’s Biggest Drop
By Shobhana Chandra
Nov. 16 (Bloomberg) — Retail sales in the U.S. rebounded more than forecast as demand for autos climbed, and a regional gauge of manufacturing showed expansion for a fourth month, easing concern the recovery will cool after government incentives end.
Purchases increased 1.4 percent in October after a 2.3 percent drop in September [...]
10 Things You Can Do in the Next 60 Days to Market Your Business and Close More Sales
Every small business marketer wants to be intentional about their marketing — ideally, marketers should have a marketing calendar. Truth is, many organizations do not.
By Travis Campbell
It’s 60 days before the end of the year. There’s still time to take steps to close out the year strong. The following ideas work around any [...]
CIT files for 5th largest U.S. bankruptcy
Small business lender seeks court approval for a debt reorganization that has approval of bondholders.
NEW YORK (CNNMoney.com) — CIT Group Inc., one of the nation’s leading funders of small and medium-sized businesses, filed for the fifth largest bankruptcy by assets in U.S. history Sunday as part of a reorganization plan that has the support of [...]