In Saturday’s New York Times, Gretchen Morgenson profiled economist Ian Shepherdson, who’s taking a more bullish stance. Namely, he sees the U.S. potentially following Sweden’s example of a sharp comeback after financial disast…
Microloans for small businesses have taken off in Peru, where informal employment is high and access to credit is low. The nation now ranks No. 1 in the annual Economist Intelligence Unit survey of world’s best business environ…
The Federal Deposit Insurance Corp sued 11 former executives and directors of a failed bank as it works to recover as much as $2 billion suffered by one of its funds during the financial crisis.
The FDIC filed the lawsuit in the U.S. District Court of…
A key index that measures small business lending rose 16% in September, its second consecutive month of double-digit increases. That rise in the Thomson Reuters/PayNet Small Business Lending Index is a strong signal that the U…
Rich Skrenta thinks he has built a better search engine. This week, he’s launching Blekko, whose web searches will only accept information from curated lists of trusted sites, mediated by users to filter out irrelevant results….