The NFIB is out with its latest survey of small business optimism, and the numbers are very bad. In fact, the firm's chief economy specifically said "Something bad happened in November" and that it wasn't just hurricane Sandy.
BlackRock offers money fund compromise proposalChicago Tribune(Reuters) - BlackRock Inc , the world's largest money manager, offered a detailed plan on Thursday to break a deadlock with regulators over tightening rules on the $2.6 trillion U.S.
Letting the value of money market funds fluctuate from the stable $1 per share value would destroy the funds as we know them. I for one would pull out every last dollar that I have in them.This is an awful idea. Make the funds set aside additional capital and leave the value at $1 per share.
Fox BusinessBusiness Owners Given Grant Money With Sandy-Recovery LoansFox BusinessMendola began to cancel pending orders ahead of the storm, and lost nine days of business after Sandy hit due to power outages.
When Sandy hit the east coast of the United States it devasted thousands of people. it hurt buildings, flooded neighborhoods. The more we talk about Sandy the less we're helping. The devastation of Sandy needs a lot of re-building and a lot of money to help the problems.
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