Exclusive: U.S. regulators press banks for more on auto loan exposure to assess risks

By Peter Rudegeair NEW YORK (Reuters) – U.S. regulators are asking banks for more detail on their autos financing exposure, as rapid growth in the lending has prompted officials to seek to better assess the risks, according to a person familiar with the matter.  Balances remaining on auto loans have risen by about a third […]

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Ex-Fed Chair Bernanke: wanted to stop AIG default, not punish firm

By Emily Stephenson WASHINGTON (Reuters) – Former Federal Reserve Chairman Ben Bernanke said on Friday on that prior to the 2008 bailout of American International Group (AIG.N), he was concerned that the insurer “was on the brink of default” and not about punishing AIG.  Bernanke’s comments came in a fifth day of testimony by former […]

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Fed minutes show debate on changing rate guidance heating up

By Michael Flaherty and Jonathan Spicer WASHINGTON/NEW YORK (Reuters) – The Federal Reserve’s debate on its interest rate guidance heated up last month, with several officials showing concern about misleading investors and pushing for a more data-dependent approach, according to minutes from its last policy meeting. But as the Fed grapples with how to communicate […]

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Henry Paulson testifies he discussed U.S. financial bailout with China

American International Group Inc. (AIG) received harsher terms than other financial institutions in the 2008 financial crisis because regulators needed to send a message to markets that government help would cost them, Henry Paulson, the former treasury secretary, said in court. “It was important that terms be harsh because I take moral hazard seriously,” Paulson […]

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Finding Adhesive Suppliers for your Needs

Instead of searching around town or driving for hours to find the adhesives you need, you can actually find several suppliers online. Today, more and more companies are expanding their businesses to provide more options for their customers and this includes adding their products online for convenience. Another thing you may not realize is that […]

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Latest GM recalls cover 57,000-plus vehicles

WASHINGTON (Reuters) – General Motors Co said on Saturday it was recalling more than 57,000 vehicles in the United States for potential problems ranging from a wiring problem in the steering column to inadvertent shutdown of the engine. The recall of 57,182 vehicles in three categories came a day after GM recalled 524,384 cars and […]

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Scary October start for stocks; Russell in correction

U.S. stocks declined sharply on Wednesday, with the fourth quarter starting off on a dour note after the SP 500’s seventh quarterly gain, as investors fretted global concerns, mixed U.S. economic data and earnings ahead. Benchmark indexes posted their worst beginning to October since 2011 as investors sought safety in U.S. Treasury bonds and gold,with […]

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Custom Inflatables Get Attention

Business realize the important of advertising online and in printed publications; however, many often miss out on one of the most impressive advertising methods of all – custom inflatables. What are custom inflatables? Custom inflatables are advertising balloons that are usually 20 feet tall and created with high quality 7-ounce vinyl coated nylon for longer […]

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The Benefits of Using Virtual Offices

With more of us relying on the internet to provide us with more innovative ways of conductive business than ever before, virtual offices have emerged as an ideal solution for businesses that are just getting started, and want to keep their costs low. Whether you plan to enter a new market, want to work from […]

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Microsoft skips Windows 9 to emphasize advances

SAN FRANCISCO (AP) — The next version of Microsoft’s flagship operating system will be called Windows 10, as the company skips version 9 to emphasize advances it is making toward a world centered on mobile devices and Internet services. The current version, Windows 8, has been widely derided for forcing radical behavioral changes. Microsoft is […]

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