Posts Tagged ‘Consumer’

US economy sluggish during first three months of year

Latest Personal Loan Offers: Linda Young – AHN News Writer Washington, DC, United States (AHN) – The U.S. economy grew at a meager 1.8 percent during the first quarter of the year, according to the U.S. Commerce Department’s Bureau of Economic Analysis report released Thursday. That was down from the 3.1 percent growth in real [...]

Court gives Postal Service second chance to raise rates

Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – The U.S. Postal Service might still have a chance to raise its rates by more than 5 percent after a federal court ruling this week. The Postal Service tried to raise its rates earlier this year but the plan was rejected by [...]

Brokers Battle LO Comp Rule, YSP Restrictions

Federal rules go into effect this week to cap the pay of mortgage brokers — people who connect borrowers and lenders — in a move that has industry groups howling and consumer advocates smiling. The question is whether there will be unintended ripples that could squeeze first-time home buyers with limited credit histories and also [...]

Israeli central bank determined to gain control of Israel’s growth engine

The Media Line Staff Jerusalem, Israel (TML) – The Israeli growth engine has powered the economy through wars, a global financial crisis and turmoil in the Middle East, but Stanley Fischer, the country’s central banker, is now determined to get a grip on the controls. Fischer took economists and the financial markets by surprise late [...]

Growing, but not quickly

WASHINGTON – Stronger consumer spending and trade gave a lift to the U.S. economy in the final three months of last year, the Commerce Department reported Friday, but the pace of growth was less than what many analysts were predicting and not robust enough to suggest strong hiring by companies. View full post on All [...]

Russia-China oil pipeline starts operation

Windsor Genova – AHN News News Writer Mohe, China (AHN) – Russian oil began flowing to China on Saturday via a 621-mile long pipeline stretching from Siberia to northeastern China’s Daqing City. Some 42,000 tons of crude oil had flowed from the Russian town of Skovorodino to Mohe in China’s Heilongjiang Province on Sunday. From [...]

Consumer confidence falls further

The government downgraded its basic assessment of consumer confidence Friday, saying it is “weakening” as the diminishing effects of the government’s fiscal stimulus measures turn household sentiment … View full post on All Stories

BNI to boost consumer loan next year

State owned bank PT Bank Negara Indonesia plans to increase its consumer loan to 30 percent of the total loans next year, assuming that the demand for the credit will remain high. View full post on All Stories

Consumer confidence in November hits 5-month high

A monthly survey shows Americans’ confidence in the economy rose in November to the highest level in five months. View full post on All Stories

Consumer Reports Poll Uncovers How Americans Spend Holiday Season

Ayinde O. Chase – AHN News Editor Yonkers, NY, United States (AHN) – A new Consumer Reports holiday shopping poll has found that the average American expects to spend about 42 hours buying, wrapping, and returning gifts, as well as partying and traveling to visit family and friends during the 2010 holiday season. “When you [...]

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