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New York Teamsters Pension Cuts to Take Effect Despite 2-1 Opposing Vote

by synergycap1 | Sep 13, 2017 | Bad Credit Loans, Bank Lending, Business Loans, Finance, Working Capital

The U.S. Treasury Department on Sept. 13 announced that active and retired Teamsters across upstate New York had voted against big pension reductions by better than a 2-1 ratio. But since most of the 34,000-plus eligible Teamsters didn’t vote — and under...

Bernie Sanders unveils ‘Medicare for all’ plan with 16 co-sponsors

by synergycap1 | Sep 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Sen. Bernie Sanders unveiled his single-payer health-care proposal, “Medicare for All,” on Wednesday, to a packed room of supporters on Capitol Hill. The bill already has 16 Democratic co-sponsors, a number that would have been unimaginable just a year...

Wall Street hits record high – without help from Apple

by synergycap1 | Sep 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – Wall Street edged up to a record high on Wednesday as gains in consumer discretionary and energy stocks offset losses in technology heavyweight Apple Inc. Shares of Apple (AAPL.O) dropped 0.8 percent on concerns that the company’s...

Inflation is heating up with some help from the hurricanes

by synergycap1 | Sep 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Consumer inflation was expected to rise moderately in August, but it should really start to heat up when gasoline prices and other impacts of Hurricanes Harvey and Irma show up in September’s data. CPI is expected to rise 0.3 percent, when it is reported...

Fair Game: Consumers, but Not Executives, May Pay for Equifax Failings

by synergycap1 | Sep 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Cyberattacks and Hackers, Economics, Equifax Inc, Executive Compensation, Finance, Identity Theft, Non-Bank Loans, Working Capital

Compensation for top officials has included no accountability for legal costs, which could be substantial after the company’s huge data breach.

Bison driver recognized as Highway Angel

by synergycap1 | Sep 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Non-Bank Loans, Working Capital

WINNIPEG, Man. – A Bison Transport driver has been recognized as a Truckload Carriers Association (TCA) Highway Angel for assisting another driver who had been struck by vehicle on the side of the road. On his way to Langley, Va. Sept. 5, Ajay Toor came across...
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