Posts Tagged ‘U.S’

Fannie Mae says it needs $7.8 billion in U.S. aid

Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – First Freddie, now Fannie. Fannie Mae, the Washington based mortgage finance company, reported a wider loss in the third quarter on Tuesday and said it needs $7.8 billion more in U.S. assistance. Fannie posted a net loss of $5.1 billion in the third [...]

Jobless Claims in U.S. Decreased Less Than Forecast Last Week

More Americans than forecast filled applications for unemployment benefits last week, signaling the labor market is struggling to pick up. View full post on Business Stories

Senate Delays Vote on DREAM Act Granting Residency to Illegal Immigrants

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – The Senate voted Thursday to set aside its own version of the DREAM Act in favor of one the House approved Wednesday night. The bill would grant citizenship to about 800,000 illegal immigrants who came to the United States as children. The Senate [...]

Excessive Debt Weighs Many U.S. States, Local Governments

AHN News Staff D.C., Washington, United States (AHN) – Although the federal share of state budgets increased because of stimulus spending, U.S. states and local governments continue to be weighed by too much debt. Illinois owes large amounts to schools and social service providers, Arizona no longer pays for some types of organ transplants under [...]

Consumer Confidence Reaches High Same Week Debt Panel Calls for Change

Ayinde O. Chase – AHN News Editor Miami, FL, United States (AHN) – Despite an estimated national debt of $14 trillion and a presidential panel calling for massive overhauls, consumer confidence is at its highest levels since the 2008 economic meltdown. Registering the highest reading since September 2008, the RBC Consumer Outlook Index increased 3.2 [...]

Tensions between South and North Korea

North Korea has placed surface-to-surface missiles on launch pads in the Yellow Sea, as the United States and South Korea began military drills and China called for talks. How serious has the situation become? Tensions between the two Koreas have risen to their highest level in at least two decades, but at street level, South [...]

Ahead of Thanksgiving, GM Announces $163 Million Plan To Save 164 Jobs

Ayinde O. Chase – AHN News Editor Detroit, MI, United States (AHN) – Some General Motors workers and their families have extra reason to be thankful this Thanksgiving holiday. The automaker announced a $163.2-million investment in its operations in Flint and Bay City, Michigan, and Defiance, Ohio, to support engine production of three of its [...]

U.S. Mayors Cutting Road Repairs, City Services As Result of Economic Downturn

Ayinde O. Chase – AHN News Editor New York, NY, United States (AHN) – Nearly 70 percent of American mayors are cutting back on road maintenance and projects as a result of the prolonged economic downturn, based on a new Harris Interactive survey commissioned by Reader’s Digest. The survey found road services to be the [...]

Housing Shortage Worries Israeli Officials, But Solution Isn’t At Hand

The Media Line Staff Jerusalem, Israel David Rosenberg and Benja – Israel’s housing shortage and the skyrocketing prices that it has created are unlikely to be solved by the government’s latest measures because the industry faces critical shortages of labor and bureaucratic obstacles to building, industry leaders said. Prime Minister Binyamin Netanyahu and Housing and [...]

Huntington Economist Says U.S. Economic Growth Will Be Slow & Steady

COLUMBUS, Ohio, Nov. 17, 2010 /PRNewswire/ — Despite employment worries, the U.S. economy continues to show steady, if unremarkable growth, according to George Mokrzan, Ph.D., senior economist at Huntington (Nasdaq: HBAN) (www.huntington.com). “We can expect to see a steady 2 percent growth rate f View full post on All Stories

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