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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... -
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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Small businesses optimistic despite credit woes
July 22, 2009
Despite reports of increased difficulty with their business financing, many small business owners ar...
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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...
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Back-to-school spending expected to increase in 2009
July 22, 2009
Small businesses and retailers concerned with their working capital may soon see some relief, as a r...
