Amid a tough economy, more people are relying on county government services, even as Dutchess County government faces a challenge in funding those programs without overburdening taxpayers. Dutchess County Executive William Steinhaus’ 2010 State of …
That yield is a widely used benchmark for consumer loans including mortgages. Tom Porcelli, a market economist at RBC Capital Markets, said the yield on the 10-year note could rise as high as 3.8 percent if the government reports an unexpectedly …
The Research Foundation of CFA Institute announced today that it has published Insights into the Global Financial Crisis , a series of independent viewpoints from top investment professionals on the global economic issues of today and the future …
FedFirst Financial Corporation (NASDAQ Capital: FFCO; the “Company”), the parent company of First Federal Savings Bank, today announced net income of $85,000 for the three months ended December 31, 2009 compared to a net loss of $2.5 million for the …
The revolving door between banking lobbyists and the Senate’s banking committee started spinning just moments ago. At around 9:45 this morning, the senior economic policy advisor for Montana’s Senator Jon Tester announced that he is leaving his …
NEW YORK – Many people who received buyouts and severance packages last year used the money to start home-based businesses. Now, they’ll want to take tax deductions for their home offices. The deduction for using part of your home for business …
“Our premium hard coking coal business demonstrated its resilience last year, as we produced and sold more of our Blue Creek coal in 2009 than in 2008, despite historic lows in global steel capacity utilization,” said Walter Energy Chief Executive …
NEW YORK – Interest rates have risen in the bond market after services industries growth fell short of expectations last month. The Institute for Supply Management said Wednesday that its index of service activity rose to 50.5 in January from a …
AIG neared collapse in September 2008, unable to meet its obligations for contracts written to insure mortgage securities and related assets without sufficient capital The Federal Reserve, fearing a shock to the global financial system in the event …
But given the reaction of committee members, the Volcker Rule appears to be doomed. By the end of his testimony the dais was nearly empty. Big bank stocks rallied. The only question now is whether the bill will be gutted or euthanized like failed …
