Credit and Economic News
Microloans big help for some small firms
5 September 2010, 8:33 pm
Like many small businesses caught in the worst economic crisis since the Great Depression, Tri-State Biodiesel was struggling to find capital last year, in the middle of a credit crunch.
Obama plans to extend $100-bn R&D tax credit to drive job growth
5 September 2010, 8:00 pm
Obama plans to extend $100-bn R&D tax credit to drive job growthObama plans to extend $100-bn R&D tax credit to drive job growth
Obama to propose permanent research tax credit
5 September 2010, 2:31 pm
President Barack Obama will ask the Congress on Wednesday to increase and permanently extend a tax credit for business research as a way of boosting job growth, an administration officials said on Sunday.
Lukewarm Reception for R&D Tax Credit
5 September 2010, 11:41 am
President Obama's expected request this week for expansion and permanent extension of 'research and development' tax credit receives wary Senate response White House to Deploy Broader Mortgage Aid YOU DECIDE: Best Way to Stoke Economy? McCain: Obama Ignoring Border Violence
NewsWatch: Short week to have some economic impact
5 September 2010, 9:16 am
Investors will likely focus on consumer credit and jobs in the holiday-shortened week ahead.
R&D tax credit prized by tech firms held hostage in Washington
5 September 2010, 3:10 am
President Barack Obama is reportedly considering a proposal to make a tax credit for research and development permanent. The credit has been allowed to expire more than a dozen times since it was created in 1981, a recurring victim of budget politics despite bipartisan support in Congress.
Non-Economic Factors Handicap Bay Area’s Economy
4 September 2010, 8:44 pm
Immigration and high-quality public services are crucial to any economic recovery in the Bay Area.
Obama to Pitch Making Research Tax Credit Permanent
4 September 2010, 8:43 pm
The president’s proposal for a popular but costly tax credit for business research expenses will be part of a pre-election initiative to spur job creation.
Guest Post: Economic consequences of speculative side bets – The case of naked CDS
4 September 2010, 3:16 am
By Yeon-Koo Che, Professor of Economic Theory at Columbia University, and Rajiv Sethi, Professor of Economics, Barnard College, Columbia University, cross posted from VoxEU The role of naked credit default swaps in the global crisis is an ongoing source of controversy. This column seeks to add some formal analysis to the debate. Its model [...]
Economic outlook weakens significantly
3 September 2010, 5:19 pm
The Washington Economic & Revenue Forecast Council's outlook is significantly weaker than it was during June. The economic recovery has "slowed to an agonizing crawl," according to the council's latest report.The report says job growth remains anemic; housing is looking for a new bottom; and, despite some easing in credit conditions, small businesses continue to face a challenging credit ...