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Consumer delinquency still high, but slowing
July 24, 2009
Consumers are still buried in debt but may be starting to dig themselves out, said a recent report by Moody's Investor Service.
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Reuters reported this week that the U.S. credit card charge-off rate - a measurement of loans that are expected to be defaulted - is at an all-time high, but has shown the slowest rate of increase in six months.
However, small businesses might not be out of the woods yet, as Moody's expects the charge-off rate to keep increasing until it peaks in 2... -
SMBs should look inward to survive recession
July 23, 2009
In such a difficult economy, it is tempting to blame economic conditions such as the credit crunch o...
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Businesses use work flexibility to stave off job cuts
July 23, 2009
Small businesses feeling the pinch of the recession are searching for ways to cut costs, but the maj...
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Timing of minimum wage increase 'unfortunate' for SMBs
July 23, 2009
Many small businesses are going to see another hit to their working capital this week as the federal...
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Decline in searches for 'economic depression' hints at econo...
July 22, 2009
With all the continually shifting economic indicators each painting a different picture of the reces...
