Written by Shareholders may have to wait for months to retrieve capital after U.S. regulators told banks not to increase dividends or buy back shares amid political and economic uncertainty surrounding the financial industry, the Financial Times reported on Wednesday. READ MORE »
Posts in category Commercial Real Estate
California revenue jumps, tax refunds should be paid on time
California’s revenue in February was $480 million or 8.7 percent above the estimate in Governor Arnold Schwarzenegger’s state budget plan, so tax refunds should be paid on time, State Controller John Chiang said on Wednesday. READ MORE »
Retail sales unexpectedly rise 0.3 percent
Sales at U.S. retailers rose unexpectedly in February despite a drop in vehicle purchases and inclement weather that was expected to curtail shopping, according to a government report on Friday that bolstered hopes of a sustainable economic recovery. READ MORE »
Fed weighs how and when to signal higher rates
Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered. READ MORE »
UK industry group sees 2010 growth as sluggish
Economic recovery in Britain will be sluggish through the middle of next year as lending remains tight and both the government and the private sector look to pay off debt, the Confederation of British Industry forecast Monday. READ MORE »