Posted from Calculated Risk 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
From Reuters: Capital One Credit Card Defaults Fall, but BofA's Rise Capital One said the annualized net charge-off rate — debts the company believes it will never collect — for U.S. credit cards fell to 10.19 percent in February from 10.41 percent in January. ...However, Bank of America said it... (original story)
Posted from Calculated Risk 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
As mentioned in the Weekly Summary and a Look Ahead post, the NAHB Housing Market Index for March, and Housing Starts for February, will both be released early this week.Here is a graph showing the relationship between the two series: Click on graph for larger image in new window.This graph compares... (original story)
Posted from Streetsblog New York City 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
Last week, hundreds of bike advocates descended on Washington D.C. for the tenth annual National Bike Summit -- the largest one yet. Hosted by the League of American Bicyclists, the summit is always a great opportunity for advocates to share ideas and make the case for cycling on Capitol Hill. This ... (original story)
Posted from Calculated Risk 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
From the Fed: Industrial production and Capacity Utilization Industrial production edged up 0.1 percent in February following a gain of 0.9 percent in January. Production was likely held down somewhat by winter storms in the Northeast. Manufacturing decreased 0.2 percent in February, with mixed resu... (original story)
Posted from Streetsblog New York City 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
Yellow Bus Honcho Makes Dept of Ed an Offer They Can't Refuse (Post) Cabbies and Customers in an Uproar Over Excess Charging Scandal (NYT, News, NY1) Livable Streets Mensch David Yassky Tapped to Head TLC (NY1) Hit-and-Run SUV [...] (original story)
Posted from Streetsblog New York City 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
We've got a few dispatches from last week's Manhattan Community Board 8 meeting on East Side bus and bike improvements, which we couldn't attend ourselves. First, Michael Auerbach, who's doing some fantastic livable streets advocacy at Upper Green Side, filed a report for Second Ave Sagas about how... (original story)
Posted from Calculated Risk 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
From Paul Krugman in the NY Times: Taking On China Tensions are rising over Chinese economic policy, and rightly so: China’s policy of keeping its currency, the renminbi, undervalued has become a significant drag on global economic recovery. Something must be done....Twice a year, by law, Treasury... (original story)
Posted from Streetsblog New York City 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
Cities are launching pads for all sorts of human aspirations. (Photo: Gold41 via Flickr) Yesterday, at The Urbanophile, Aaron Renn posted a thoughtful essay about the idea of the "city as platform." He looks at all the different meanings of the word platform and muses about how they appl... (original story)
Posted from Streetsblog New York City 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
Former Bronx boro prez Adolfo Carrion returns to the city for a Thursday event. Otherwise this week's highlights are all about street safety and transit improvements. Tuesday: TA's East Side Streets Coalition will hold a workshop on street conditions on the Upper East [...] (original story)
Posted from Calculated Risk 12 hours ago
Economy News and Market : The NicheBloggers: Business Topics
Carolyn Said at the San Francisco Chronicle writes: Short sale tax shortchanges ex-homeowners (ht picosec) California legislators last week passed a bill that ... mirrors a federal law that excludes "forgiven debt" on a principal residence from being considered taxable income. It covers short sales... (original story)