Today, Citi Community Development and the Latino Economic Development Corporation announced a substantial contribution to help small businesses in the district access microloans to support business expansion, income growth, and job creation.
Tags: Latino Economic Development Corporation, Citi Community Development, substantial contributionGrameen America Partners with Whole Planet Foundation® on Annual Prosperity Campaign at Whole Foods Market® Stores …
NEW YORK, Feb. 22, 2012 /PRNewswire/ — Grameen America , a microfinance organization founded by Nobel Prize recipient Professor Muhammad Yunus, today announced it has partnered with Whole Planet Foundation …
Tags: Grameen America Partners, Whole Foods Market®, Whole Planet Foundation®, Grameen America, Whole Planet Foundation, Muhammad YunusPoll: Obama benefitting from improving economy (AP)
AP – President Barack Obama is reaping political benefits from the country’s brighter economic mood. A new poll shows that Republicans and Democrats alike are increasingly saying the nation is heading in the right direction and most independents now approve the way he’s addressing the nation’s post-recession period.
Tags: republicans and democrats, President Barack ObamaCalifornia Republicans back Democrat governor on pensions (Reuters)
Reuters – Republican lawmakers in California on Wednesday fully embraced Governor Jerry Brown’s plan for overhauling public pensions and pressed his fellow Democrats, who control the state legislature, to back it as well.
Tags: public pensions, Governor Jerry Brown's, state legislatureBurned before, Fed officials cautious on rebound (Reuters)
Reuters – U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before.
Home resales at 1-1/2 year-high, supply falls (Reuters)
Reuters – Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.
Dollar rises to 7-month high against Japanese yen (AP)
AP – The dollar rose to a seven-month high against the Japanese yen, a week after the Bank of Japan announced a surprise increase of its economic stimulus program.
Tags: economic stimulus, japanese yen, bank of japan‘Occupy’ to hold national conference in Philly (AP)
AP – A group of protesters affiliated with the Occupy Wall Street movement plans to elect 876 “delegates” from around the country and hold a national “general assembly” in Philadelphia over the Fourth of July as part of ongoing protests over corporate excess and economic inequality.
Tags: national conference, economic inequality, Occupy Wall Street movementSummary Box: Bank of England split on stimulus (AP)
AP – STIMULATING DISCUSSION: Minutes of their last meeting showed Bank of England rate-setters were divided about injecting another 50 billion pounds ($79 billion) into the economy. Two members argued for a bigger stimulus.
Tags: bank of england, Bank of England splitPrivate jet shipments slip, but improvement seen (Reuters)
Reuters – Worldwide shipments of business jets and other private aircraft fell again last year, but billings rose modestly in a sign of improvement in a tough economy.
Tags: Worldwide shipments, business jets, private aircraftEuro zone teetering on brink of recession (Reuters)
Reuters – The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal for Greece struck this week.
U.S. mortgage applications sagged last week: MBA (Reuters)
Reuters – Applications for U.S. home mortgages tumbled last week as demand for loan refinancing sagged, an industry group said on Wednesday.
Tags: loan refinancing, mortgage applications, industry group, home mortgages