Bad Credit Loans

Bernanke led the economy through the tumultuous months of the most severe recession since the 1930s, as the Fed took extraordinary measures to inject hundreds of billions into the battered financial system Federal Reserve chairman Ben Bernanke is set to appear before a panel investigating the financial crisis to give his take on the meltdown and [...]

A new report shows the most highly paid executives are those who’ve laid off most workers: a bitter irony before Labour Day This weekend is Labour Day in the US, and that means a variety of different things to different people: it is officially the last weekend of summer, when Americans set up barbecues in their [...]

• Dow Jones up 200 points as recession fears recede• But UK industrial orders lowest for nine months Share prices rose strongly in the City and on Wall Street after a stronger than expected showing by America’s factories last month helped ease concerns of a double-dip recessionin the world’s largest economy. Amid signs of relief in New [...]

The FT’s Martin Wolf poses an interesting hypothetical in this column (dunno about this link, you may have to register), but he fails to answer it fully. The hypothetical goes like this: Suppose that the US presidential election of 1932 had, in fact, taken place in 1930, at an early stage in the Great Depression. Suppose, [...]

The FTSE 100 has extended gains in afternoon trading to be up more than 2% while the Dow Jones industrial average is also up sharply following stronger-than-expected US manufacturing data that has broken the recent chain of downbeat reports from America. The Institute for Supply Management said its index of US factory activity rose to 56.3 [...]

Burger King has been hard hit by the global financial slowdown, with sales under pressure in the US from rising jobless numbers and declining consumer confidence The global craze for mergers and acquisitions may be about to grab a takeaway, with speculation that Burger King has been in talks with a potential private equity buyers. The 55-year-old [...]

Institute for Policy Studies research shows US bosses who sacked most staff during recession earn more than their peers The good times keep rolling for “slash and burn” managers in America. Bosses of the 50 US companies that sacked the most staff during the recession earned 42% more than their peers, according to research to be [...]

The president has ended the war George Bush claimed was over in 2003, but does he have enough fight for the mid-terms? Wait. Didn’t this war end once before? It did, at least rhetorically. Can you guess the date on which President George W Bush, crotch protruding before the eyes of the world, declared the end [...]

Tax credits disguised the fundamental weakness of the US housing market. The reality reveals bleak prospects for growth The howls of surprised economists were everywhere last week as the government reported on Tuesday that July had sharpest single-month plunge in existing home sales on record. The next day the commerce department reported that new home sales [...]

• Countries fear US heading for a double-dip recession • Poor US employment figures expected on Friday Financial markets around the globe fell today as investors faced a crucial week of data on the US economy. The prospect of poor employment figures on Friday and a snapshot of the state of manufacturing on Wednesday has unnerved markets [...]