Archive for the ‘Business Loans’ Category

Insurers See Growing Risks As Well As Revenues In Medicaid Managed Care

Washington, DC, United States (KaiserHealth) – McALLEN, Texas – Sanjuanita Espinoza, 55, doesn’t seem like a gold mine for private insurers. She’s disabled, has high blood pressure and has no family to help with her care. Yet, to some Texas insurers, she is an opportunity. In August, the state picked five health plans in South [...]

U.S. durable goods orders rise slightly in July

Linda Young – AHN News Writer Washington, DC, United States (AHN) – Autos and aircraft gave United States manufacturers a boost, causing overall durable goods orders to rise by 4 percent in July, according to the Department of Commerce. That translated to an increase of $7.7 billion to $201.5 billion worth of orders for durable [...]

U.S. markets weakened by Jobs, Bernanke and rising jobless claims

Jupiter Kalambakal – AHN News Reporter New York, NY, United States (AHN) – Steve Jobs’ resignation as Apple CEO, speculation on Federal Reserve Chairman Ben Bernanke’s upcoming economic stimulus plan and rising claims for jobless benefits has weakened the United States stock market during Thursday morning’s trade. The Dow Jones Industrial Average fell by 54 [...]

Positive economic data fuels stocks market

Jupiter Kalambakal – AHN News Reporter New York, NY, United States (AHN) – The United States stock market improved its performance early Wednesday with new economic data showing growing consumer spending on durable goods. The Commerce Department released a report saying orders for durable goods rose 4 percent in July after a revised 1.3 percent [...]

New home sales fall in July

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – New home sales in the United States fell by 0.7 percent in July from June’s figures, marking the fourth consecutive month of drops, Commerce Department officials said Tuesday. At this rate, new home sales are set to finish the year at the worst [...]

American parents tapping into retirement fund to pay for kids’ college education

Vittorio Hernandez – AHN News Wilkes-Barre, PA, United States (AHN) – To fund the college education of their children, American parents are tapping into their retirement savings. A recent study by Sallie Mae and Gallup found that last year the number of parents who took a loan or withdrew from the 401(k) plans jumped to [...]

Unfinished college degree means less money for wage earner, government

Ayinde O. Chase – AHN News Staff Washington, DC, United States (AHN) – As incoming college freshman start this next chapter of their lives, more than 40 percent of them will not graduate. According to analysts, college dropouts will cost the United States billions of dollars in lost earnings and therefore millions of dollars in [...]

U.K. admits weak retail sales in July

Linda Young – AHN News Writer London, United Kingdom (AHN) – Retail sales, excluding gasoline, grew weakly in the United Kingdom during July rising only 0.2 percent compared to the 0.8 percent growth rate in June, according to Office for National Statistics (ONS). A drop in the sales of clothing and household goods offset the [...]

Bank of America announces another 3,500 job cuts

Linda Young – AHN News Writer Charlotte, NC, United States (AHN) – Bank of America has announced it would slash 3,500 jobs in addition to the 2,500 it let go earlier this year. The bank is under pressure from investors to increase profitability and analysts say that pressure will likely cause additional job cuts that [...]

U.S. consumer prices rose in July

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The consumer price index rose in July with prices for gas, food, shelter and clothing all showing increases, according to the United States Department of Labor Bureau of Statistics. The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.5 percent in [...]

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