Accounting

 SBA loan program results in $1.3 billion in defaults

April 8, 2013 

SBA loan program results in $1.3 billion in defaults

Lax federal oversight dating back years allowed lenders to repeatedly make bad loans to small businesses under a government program that has cost taxpayers $1.3 billion since 2000 on defaulted loans, a Dayton Daily News investigation found.

jobless-claims-for-March30--20131

April 4, 2013 

Initial Claims for Unemployment Rise

The U.S. Labor Department released the latest weekly jobs numbers today, which showed that, for the week ending March 30, initial claims for unemploymnet rose to 385,000, which is an increase of 28,000 new claimants compared to last week.

Isaac M. O'Bannon