by | Oct 12, 2010 | Towing
Amtrak set an annual ridership record of 28.7 million passengers for the fiscal year ended September 30. That’s 5.7% more than in fiscal 2009.
Ticket revenue rose 9% to $1.74 billion, Amtrak said in a statement.
Sponsored Links
High gasoline prices and an improved economy helped buoy results, Amtrak said.
“More and more people see passenger rail as a way to get to where they need to go,” said CEO…
Continue reading Amtrak Reports Record Passenger Numbers
Amtrak Reports Record Passenger Numbers originally appeared on DailyFinance on Tue, 12 Oct 2010 06:30:00.
Filed Under: Energy, Company News, Technology, Economy, Taxes, Retail
by | Oct 11, 2010 | Towing
Attorneys general in dozens of states plan to launch a joint probe into charges that banks used bogus paperwork to evict borrowers from their homes.
The investigation will go after charges that lenders including GMAC, JPMorgan Chase (JPM) and Bank of America (BAC) forged documents and faked social security numbers in order to foreclose on homes, The New York Post said.
Sponsored Links
Bank of…
Continue reading Attorneys General May Launch Foreclosure Investigation
Attorneys General May Launch Foreclosure Investigation originally appeared on DailyFinance on Mon, 11 Oct 2010 07:35:00.
Filed Under: Company News, Economy, JP Morgan Chase, Bank of America, Real Estate, Taxes, Credit
by | Oct 11, 2010 | Towing
Students who drop out of school before reaching their sophomore year cost taxpayers billions of dollars, according to new research.
Taxpayers spent more than $9 billion over five years subsidizing students who didn’t make it to the second year of four-year degree courses, according to new research from The American Institute for Research (AIR).
Sponsored Links
“Every spring, hundreds of thousands…
Continue reading College Dropouts Cost Taxpayers Billions
College Dropouts Cost Taxpayers Billions originally appeared on DailyFinance on Mon, 11 Oct 2010 06:56:00.
Filed Under: Economy, People, Taxes, Credit, College Finance
by | Oct 8, 2010 | Towing
The U.S. fiscal deficit is “scary” and the government should slash entitlement spending, former Federal Reserve Chairman Alan Greenspan said.
“We’re involved in a dangerous game,” Greenspan said, according to Bloomberg News.
Sponsored Links
The deficit may be a factor in low investment by U.S. companies, as it creates uncertainty about tax policies, Greenspan said in an opinion article for the…
Continue reading Greenspan Says U.S. Deficit Is ‘Scary’
Greenspan Says U.S. Deficit Is ‘Scary’ originally appeared on DailyFinance on Fri, 08 Oct 2010 08:06:00.
Filed Under: Economy, People, Taxes, Credit, Currency
by | Oct 8, 2010 | Towing
The Treasury Department announced a $1.5 billion lending package to boost small businesses at the state level.
The money will be available to states that can demonstrate that they will generate $10 in new private lending for every dollar of federal funds they receive, Reuters said. This could create a package worth a total of $15 billion.
Sponsored Links
California will receive $168.62 million,…
Continue reading Treasury Announces $1.5 Billion Small Business Package
Treasury Announces $1.5 Billion Small Business Package originally appeared on DailyFinance on Fri, 08 Oct 2010 06:43:00.
Filed Under: Economy, Taxes, Credit
