Almost any type of loan can be wrapped into the debt consolidation process. In Brummitt Arkansas common types include finance charges, late fees and overdraft charges, credit cards, personal loans, utility bills, medical bills, car loans, store cards, gas cards and back taxes.
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Brazil's finance minister is lowering the forecast for the South American country's economic growth this year, and he blames the global financial crisis.
A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably throw the economy into a recession.
Europe came under mounting pressure Tuesday to take action to boost growth as the OECD warned that the eurozone crisis has worsened and poses the greatest risk to a recovery for the global economy.
A report from a group co-chaired by New York Mayor Michael Bloomberg says the United States needs to change its immigration system in order to attract the immigrants who can contribute the most to the nation's economy, or else risk losing ground to other countries.
ECONOMIC SUMMIT: The leaders of the 27 countries that make up the European Union are gathering in Brussels to try and find a way to contain the debt crisis in Europe.
(Reuters) - Wells Fargo & Co on Tuesday increased its goals for returns on assets and shareholder payouts while executives pledged to carefully manage risk throughout the company's sweeping operations. The fourth-largest U.S. bank by assets is aiming for a return on assets of 1.3 to 1.6 percent, depending on the economic and regulatory environment, Chief Financial Officer Tim Sloan said at the beginning of an investor day for analysts in New York. The San Francisco-based bank has emerged from the financial crisis as one of the strongest U.S. ...
LONDON (Reuters) - Inflation fell to its lowest in more than two years in April, raising the prospect that the Bank of England will be able to inject more stimulus later this year to support the economy. The Office for National Statistics said consumer price inflation eased to 3.0 percent in April from 3.5 percent in March, freeing BoE Governor Mervyn King from the obligation to write an explanatory letter to finance minister George Osborne. ...
NEW YORK (Reuters) - Oil prices fell on Tuesday as signs of a deal between the U.N. nuclear watchdog and Iran on Tehran's nuclear program eased fears of oil supply disruptions, while the euro zone debt crisis continued to threaten economic growth. International Atomic Energy Agency (IAEA) Director General Yukiya Amano said he expected to sign a deal with Iran soon to boost cooperation with the investigation into Tehran's nuclear activity, although differences remained. ...
Just as investors were getting used to a steady diet of worrying news about the global economy, along came an encouraging report on the housing market.
GRIM WARNING: The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned as it called on governments and Europe's central bank to keep the slowdown from dragging down the global economy.
WASHINGTON (Reuters) - The pace of sales for existing homes in April rose to its fastest in nearly two years and a falloff in foreclosures helped cause an unexpected jump in prices, hopeful signs for the country's economic recovery. Home resales increased 3.4 percent to an annual rate of 4.62 million units last month, the National Association of Realtors said on Tuesday. Housing has been one of the economy's weakest links as it recovers from the 2007-09 recession, but many economists think the sector will actually add to economic growth in 2012 for the first time since 2005. ...
Rhode Island saw more new businesses registering with the state in the first quarter of 2012 than in any quarter since 2008, offering some hope that the state's economy is improving.
IMF to UK: The International Monetary Fund urged the government and Bank of England to do more to boost demand in a tough assessment of U.K. economic policy.
ABUJA (Reuters) - Nigeria's central bank kept its policy rate on hold at 12 percent on Tuesday for the fourth time in a row, saying the worrying trend of slowing economic growth countered largely expected higher inflation. Central bank governor Lamido Sanusi said the bank was concerned about a slowdown in global economic activity and lower crude oil prices and domestic oil output, which meant Nigeria was facing a potentially sustained decline in its previously surging growth rates. ...
Shares of U.S. coal companies declined with lingering questions about the health of the Chinese economy and a potentially disastrous situation in Europe.
ABUJA (Reuters) - Nigeria's economy grew 6.17 percent in the first quarter this year, down from 7.68 percent in the fourth quarter last year, due partially to the removal of government fuel subsidies, the national bureau of statistics (NBS) said on Tuesday. Nigeria's oil production fell to an average of 2.35 million barrels per day (bpd) in the first quarter of this year, from 2.4 million bpd in the fourth quarter 2011, NBS said.
JOHANNESBURG (Reuters) - Western investors have to realise South Africa does not need their money since it can turn increasingly to fellow BRICS members India and China to fund its economic development, the Secretary-General of its ruling ANC said on Tuesday. "There is a dynamic that Western investors must wake up to," Gwede Mantashe, day-to-day head of the African National Congress, told Reuters in an interview. "If they are still sulking regularly, there is a growing 'Look East' tendency that is emerging throughout the continent, the developing world. ...
NEW YORK, N.Y. - Accor says it has agreed to sell Motel 6 and another North American economy hotel brand to an affiliate of The Blackstone Group for $1.9 billion.
Global stocks enjoyed one of their best days in weeks on Tuesday ahead of a summit of European leaders that's expected to be dominated by calls to boost economic growth.
DAR ES SALAAM (Reuters) - Gas-rich Tanzania's energy shortage has driven its current account deficit to widened by 135 percent on soaring oil imports to generate power in the face of shortages and blackouts. Despite a rise in gold exports in east Africa's second-biggest economy, the nation's total imports bill rose 39.1 percent in the year to February to $12.6 billion, mostly due to a rise in oil imports, its central bank said on Tuesday. ...
Fitch cut Japan's credit rating by two notches on Tuesday, citing its "leisurely" efforts at shrinking a massive public debt, as Tokyo struggles to kick-start the world's third-largest economy.
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