Fall in U.S. Credit Rating: What It Means for Small Businesses

Standard and Poor’s recent downgrade of U.S. government debt may seem too remote from small businesses to have any impact. But what really are the factors that the downgrade raises, and how... Read more »

August foreclosures at 358471, more defaults expected

New York, September 10: With a surge in number of home owners defaulting on their mortgage payments, foreclosure filings in the nation crossed 300,000 for the sixth straight month, according to data... Read more »

Home prices register major fall in 21 years

Home prices have registered the biggest-ever fall in 21 years with the S&P/Case-Shiller U.S. National Home Price Index plummeting by 18.2 percent in the last quarter of 2008. In December alone, the... Read more »