July, 2010

Two thirds people wanting emergency SBA loans denied

Small Business Administration loans are being pushed in many areas. This cash until payday product has been promised to homeowners and business owners to help rebuild after emergencies. The quick loan solution has about 4 to 6 percent interest and the SBA offers it for floods, fires, and even oil spills just lately. The purpose of ...

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Federal reserve members continue to speak although there is a risk of deflation

Thursday, James Bullard who is the President of the Federal Reserve Bank of St. Louis decided a warning about deflation needs to be sounded. Preventing inflation has been the focus of Federal Reserve as it formulates policies to guide the U.S. economy out of the recession. The U.S. economy may soon have a deflation, similar ...

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Lake Michigan at risk from Kalamazoo River oil spill

The Kalamazoo River oil leak has spurred a declaration of a state of emergency in Michigan. An oil pipeline leaked and pumped almost 20,000 barrels of oil into the river, starting on Monday morning. The resulting oil slick is moving easily within the water, and also the EPA and Enbridge Energy are working to control ...

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New home sales higher than expected in June

The record low in May didn't keep new home sales from jumping in June. June was nevertheless the second lowest month on record after new home sales dropped so dramatically following the end of the home buyer tax credit. Some believe that the worst of the post-tax-credit slump is over. Others think that increasing foreclosures ...

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Death causes recall of first-generation Nap Nanny products

First generation Nap Nanny products have been recalled by Baby Matters and the Consumer Product Safety Commission. One five-month-old died while using a Nap Nanny, though it was being used incorrectly. For those who have a first generation Nap Nanny, the company is offering $ 80 off the purchase of a new product. The Nap Nanny ...

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