Archives for March, 2009

The city of Atlanta’s search for more money as it grapples with a budget crisis has some city leaders looking to its next-door neighbor for a cash infusion.

Banks that have received federal aid are using the money as they see fit, in some cases providing new loans to customers, retiring debt or buying mortgage-backed securities.

INDIANAPOLIS – About $24 million in federal stimulus money will be used in Indiana to hire 2,000 young adults over the next two summers to improve parks, trails and natural habitats.

April 1 — Woolworths Ltd. is taking advantage of improving conditions in Asian debt markets to raise at least A$300 million, which analysts say will be used to fund growth and dividends, the Australian Financial Review said.

Calling it a vital link for local communities, West Virginia Gov. Joe Manchin said Tuesday that millions of dollars in federal stimulus money will go toward repairing a bridge that connects Brooke and Jefferson counties.

The Treasury Department on Tuesday extended a temporary guarantee of money market mutual fund assets initially put in place during the height of the financial crisis.

Washington, DC – The U.S. Treasury Department today announced an extension of its temporary Money Market Funds Guarantee Program through September 18, 2009, in order to support ongoing stability in financial markets.

Four smaller regional bank on Tuesday became the first financial institutions to return the federal money they had received under the government’s banking bailout, leaving a program that placed restrictions on their executive compensation and other spending.

No matter how you’ve saved, the universal fear among retirees is that you’ll run out of money.

INDIANAPOLIS – Indiana’s state government will use $24 million in federal stimulus money to hire 2,000 young adults over next two summers to improve parks, trails and natural habitats.