Blog
Manufacturing Still Matters in the U.S.
Manufacturing is an important facet of the U.S. economy, despite the increase in imported goods steady elimination of factory jobs here in the states. With private sector manufacturing jobs representing only 10% of the workforce now versus 25% during the 1980s, it would seem the...
Bye-Bye, Branches-Branch Closures Signal Big Changes in Banking Services
As banking continues to go through changes and services become more electronic-based, bank branches are slowly falling off the map. Just under 2,600 bank branches have closed in 2014, while a mere 1,137 have opened. SNL Financial reported that 2013 saw a net loss of...
Here Comes the Surcharge: Big Banks Dealt another Regulatory Blow by the Feds
Here Comes the Surcharge: Big Banks Dealt another Regulatory Blow by the Feds In another effort to reduce the risk of "too big to fail" banks and financial institutions, the Federal Reserve plans to hit the largest of U.S. banks with an expensive new regulation. Accordingly,...
The Fed’s Answer to U.S. Economic Growth: Let Them Have Loans-With Little to No Risk
In a recent move by Washington to stunt economic growth, Washington agreed to a two-step strategy. The first step involves Fannie Mae bringing back low and no money down mortgages. The second step would be to discourage business loans. A few weeks ago, Mel Watts, the...
Small Business Exporters Fearing Credit Crunch
Congress made a decision to temporarily extend the Export-Import Bank. However, the decision is affecting business owners who depend on the credit agency. The agency decreases their risks when they export items. The charter was extended by Congress until the middle of 2015. The extended time...
Promising Numbers Mask True Problems for Big Banks
A recently released report on the economic conditions and earnings of big banks seem to paint a picture of stability. However, a more plausible interpretation would attribute it to stagnation and the difficulties that lie ahead. Overall, investors see a rather unimpressive rate of return...
Contact Us
