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US jobless claims rise slightly as labor market tightens

by synergycap1 | Aug 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The number of Americans filing for unemployment benefits rose less than expected last week, suggesting a further tightening in labor market conditions. Initial claims for state unemployment benefits increased 2,000 to a seasonally adjusted 234,000 for the week ended...

California Today: California Today: Battle Over a Bill Reaches the State Senate

by synergycap1 | Aug 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, California Today, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Thursday: A fight over a union-backed bill, a U.C. Berkeley professor quits the Trump administration, and a scary moment on the BART tracks.

China Life and Baidu to launch $1 billion internet fund

by synergycap1 | Aug 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BEIJING (Reuters) – China Life Insurance Group Co and Baidu Inc will form a 7 billion yuan ($1 billion) private equity fund, targeting internet and other technology investments, China Life’s listed arm said on Thursday.

Fed’s George pushes for more rate hikes despite low inflation

by synergycap1 | Aug 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Low inflation shouldn’t stop the Federal Reserve from continuing to hike interest rates, Kansas City Fed President Esther George said Thursday. Inflation has been running persistently below the 2 percent target the central bank likes to see as indicative of...

Lufthansa offers low hundred-mln-euro sum for Air Berlin assets – source

by synergycap1 | Aug 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

FRANKFURT (Reuters) – Lufthansa’s proposal for the carve-up of Air Berlin would see it taking over the insolvent carrier’s Austria-based leisure airline Niki and other planes, a source familiar with the negotiations said on Thursday.

Early movers: TIF, DLTR, ANF, SHLD, HRL, SIG, CMG, SJM, DKS & more

by synergycap1 | Aug 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Check out which companies are making headlines before the bell: Tiffany – The luxury goods retailer earned 92 cents per share for the second quarter, six cents a share above estimates. Revenue also beat forecasts, but comparable-store sales fell one percent...
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