A growing number of businesses are struggling to land loans through the Small Business Administration's flagship lending program.
The number of 7(a) loans given in the 2008 fiscal year, which ended Sept. 30, dropped 30% from 2007, the SBA reported last week.
Credit squeeze loosens
Bank-to-bank lending rates dipped again Friday, an indication that government moves to juice the economy with money supply was having an effect.
Greenspan: Economy in 'once-in-a-century' crisis
The U.S. credit squeeze has brought on a "once-in-a-century" financial crisis that is likely to claim more big firms before it eases, former Federal...
Live blog: Scenes from the iPhone debut
The circus is building at Apple's flagship Manhattan store as diehard fans line up to buy the faster, cheaper iPhone on sale Friday.
Shanghai leads Asian share fall
Asian markets have suffered sharp falls today as inflation fears and the global credit squeeze sours sentiment.
Tough times good for Wal-Mart
Wal-Mart Stores edged past forecasts in what it termed a good start to its fiscal year, as it said that tough economic times helped sales at the...
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