Debt Counseling

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Related Debt News for our Rib Falls WI visitors

AP - New claims for jobless benefits fell unexpectedly last week but the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts Thursday.

AP - Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles.

AP - China promised more currency reform to ease trade tensions but told Washington to get its own economy in order as the two sides opened high-level economic talks Thursday amid a global financial crisis.

Reuters - The number of U.S. workers on jobless benefits rolls hit a 26-year high last month, data showed on Thursday, and it may head higher as a deepening economic slump forces a broad spectrum of firms to cut jobs.

Reuters - Federal Reserve Chairman Ben Bernanke on Thursday urged more aggressive action to halt home foreclosures, and said write-downs of principal may need to be part those efforts.

Reuters - Starbucks Corp said on Thursday it would take new steps to save on costs and keep its fundamental strategy unchanged despite a U.S. recession, sending the coffee shop operator's shares up 8 percent.

AFP - Telecommunications giant AT&T and other major US companies unleashed a new wave of layoffs Thursday amid a deepening recession that saw government unemployment aid swell to a 26-year high.

AFP - The US Treasury is studying the possibility of more capital injections into financial institutions to help break a credit logjam, a senior official said Thursday.

AFP - China and the United States vowed Thursday at a top-level meeting in Beijing to cooperate in tackling the global economic crisis, even as they sparred over Chinese exchange rate reform.

Reuters - The European Central Bank, Britain and Sweden all made big cuts in interest rates on Thursday to shore up economies across Europe in the face of ever-bleaker financial news.

Reuters - Top U.S. phone company AT&T Inc. said it would eliminate 12,000 jobs, or about 4 percent of its workforce, a fresh wave of cuts to cope with an economic downturn that has exacerbated a decline in traditional phone sales.

AFP - The US Treasury Department is considering a plan designed to push down interest rates for home loans in a bid to revive the country's troubled housing sector, newspapers reported Thursday.

AP - Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion rescue package, but heard fresh skepticism in a bumpy encore appearance.

AFP - US telecommunications giant AT&T announced Thursday it was cutting 12,000 jobs and slashing capital spending due to an economic downturn.

Reuters - Former New York Governor Eliot Spitzer, who resigned earlier this year over his involvement in a prostitution ring, will write a column for online magazine Slate.com about the economy and financial regulation.

AFP - European central banks upped the ante sharply on Thursday with a series of dramatic interest rate cuts to tame a deepening recession as France rolled out a 26-billion-euro economic stimulus plan.