August, 2010
Congress is interested within the cause of the salmonella egg recall
Friday was the day that more producers of Iowa eggs were added to the egg recall list. 1,000 people in 10 states, says the Food and Drug Administration, have gotten sick which is why the half a billion eggs are being recalled. Salmonella outbreaks have caused concern by Congress. Congress has decided an investigation ...
Odd widening with the trade deficit meaning a rise being recorded
Wall Street began going crazy after a trade deficit increase was shown Wednesday by the Commerce Department for the month of June. After narrowing in recent months, the U.S. trade deficit unexpectedly widened in June by a record $ 7.9 billion. Stocks nose-dived at the news. The trade deficit also led analysts to believe ...
JP Morgan Chase makes a purchase of loans from Citi
To expand lending portfolios, JP Morgan Chase made the decision to pick up a loan portfolio from Citi. Citi has been selling $ 8 billion in troubled loans while this specific deal was worth $ 3.5 billion. The purchased loans are practically guaranteed payday loans for JP Morgan Chase, as they are loans for apartment ...
Falling worker efficiency could lead to rising employment
Job development and job recovery could get a shot in the arm from a decline in worker productivity. Companies that slashed payrolls during the recession have been raking in profits by getting more output from less workers. But the work force may be reaching its limit based on the latest Labor Department report. If that ...
Lots of people and companies need guaranteed loans
Corporate finance and personal finance are not as different as you would think. The corporations which need some guaranteed loans at a while, or at least a line of credit in case they need a short term personal loan are some of the biggest names out there. Even Ford Motor Co got guaranteed loans a ...
