WASHINGTON (MarketWatch) — Credit cards are the only electronic payment instrument with a decline in use from 2006 to 2009, according to a Federal Reserve study released Wednesday that focused on trends in non-cash payments. In 2009, there were 21.6 billion credit-card payments – a value of $1.9 trillion — a tick down from 21.7 [...]
Posts Tagged ‘Federal’
Ottawa Rejects Expo Funding Proposal To Celebrate Canada’s 150th Founding Day
November 24th, 2010
davidguide AHN News Staff Ottawa, Ontario, Canada (AHN) – Ottawa rejected Tuesday a request by Edmonton to help finance the city’s bid to host the 2016 World Fair to celebrate Canada’s 150th founding day. Federal Finance Minister Jim Flaherty explained Ottawa is going through a tough time with a record-high budget deficit, so the government could [...]
Germany, China Lead International Criticism Of Decision By U.S. Federal Reserve To Buy $600 Billion In Bonds
November 6th, 2010
davidguide Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The decision by the United States Federal Reserve to pump $600 billion into the nation’s economy by buying U.S. Treasury Bonds has sparked international criticism led by Germany and China. China and Germany represent the world’s second- and fourth-largest economies respectively. In addition, [...]
Fed Beige Book Survey Finds Modest Economic Activity
October 21st, 2010
davidguide Linda Young – AHN News Writer Washington, DC, United States (AHN) – A Federal Reserve Board survey has found that “national economic activity continued to rise, albeit at a modest pace, during the reporting period from September to early October.” When the previous “beige book” report was issued in September, it found the economy still [...]
The Fed’s gold problem – The Buzz
September 16th, 2010
davidguide When the Federal Reserve’s policy-making committee meets next Tuesday, there will be no mystery as to what they will do. Nothing. View full post on Business Stories
Obtaining a Federal Small Business Grant
January 11th, 2010
John Robert Obtaining a federal small business grant does not depend on any one factor- rather it is a combination of items along with availability, hard work, and a good grant proposal.
Federal Grants Provide Debt Relief
January 10th, 2010
Michel B. Americans are drowning in debt. They desperately need relief. The so-called “housing bubble” made credit relatively easy, and unregulated banking and credit systems encouraged lenders to take unreasonable risks, so that they extended lines of credit to unworthy borrowers who left them awash in “toxic assets.”


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