NEW YORK – Stocks appear poised to rebound, a day after suffering their worst losses in seven months. A monthly report on consumer prices and a weekly tally of first-time claims for unemployment insurance are due out Thursday morning. Economists forecast that the Consumer Price Index rose 0.4 percent in … View full post on [...]
Posts Tagged ‘Insurance’
Faced with rising trade deficit, UK comes up with programs to boost exports
Linda Young – AHN News Writer London, United Kingdom (AHN) – British Business Secretary Vince Cable on Wednesday unveiled new programs aimed at increasing exports by small companies to reverse the nation’s trade deficit. Cable explained that the UK had racked up a trade deficit in goods and services by consuming too much while exporting [...]
Obama’s debt relief plan could spare Florida up to $500M, White House says, but could hurt later
Florida would not have to pay back between $400 million and $500 million in jobless insurance debt owed to the federal government over the next two years under a plan President Obama will outline next week, the White House said. Obama has to sell the moratorium to Congress as part of his 2012 budget proposal [...]
Obama Wants Jobless Aid Help for States
The Obama administration is proposing short-term relief to states saddled with unemployment insurance debt, coupled with a delayed increase in the income level used to tax employers for the aid to the jobless. View full post on All Stories
Gregoire: Cut unemployment tax for biz by $300 mil
Gov. Chris Gregoire on Tuesday proposed lowering the amount businesses pay to fund unemployment insurance in Washington state by $300 million this year – a move she says will help kick start the bad economy. View full post on All Stories
Flaherty eyes prudent bank lending to curb rise in Canadian household debt
Vittorio Hernandez – AHN News Ottawa, Ontario, Canada (AHN) – To curb the alarming rise in Canadian household debt, federal Finance Minister Jim Flaherty urged Canadian banks Thursday to adopt prudent lending policies. He issued the proposal after Statistics Canada found that household debt reached a record-high level in the third quarter of 2010, outpacing [...]
Judge Rules Provision In Healthcare Law Unconstitutional; Appeal Expected
Kris Alingod – AHN News Contributor Richmond, VA, United States (AHN) – A federal judge on Monday supported the constitutional challenge filed by Virginia Attorney General Ken Cuccinelli against the Obama administration’s healthcare reform law. The judge rejected the request to suspend the law during an expected appeal from the federal government. U.S. District Judge [...]
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