Government and Economy
Federal Confusion Stifling Credit Flow
The federal government wants banks to lend more money to small businesses, but demands from federal regulators for more capital and higher deposit insurance premiums, and fears about what Congress may do next, are choking off the flow of much-needed money. MSNBC.com
Small Businesses Need Relief, Too
On Main Street, small businesses have been hit hard by the recession. Unable to obtain affordable capital and often in need of technical assistance to help them survive, many small businesses—needing direct help—are closing their doors and laying off workers. Reuters.com [Read Full Article]
Politics and Government
Business Braces for Washinton Changes Businesses across the U.S. are bracing for stricter financial regulations and more pro-labor policies. One such policy actively opposed by business interests allows unions to hold informal votes, without the use of traditional secret ballots.
Economics and Labor Issues
Cash Injections May Eclipse Fed's Benchmark Interest Rate
The Federal Reserve's efforts to rescue the U.S. from financial collapse risks the eclipse of the central bank's benchmark interest rate as the most important signal of monetary policy.
Consum... [Read Full Article]