Representatives from both the national and local chapter of SCORE, the Small Business Administration’s counseling service, said even though credit markets are tough, small business owners don't need to put their plans on hold.
Capital may be king and no one seems to know how to get it, but Bush's bailout could help.
U.S. stocks rallied Monday from last week’s devastating losses, with Dow Jones industrials surging more than 936 points, but many experts predicted ongoing volatility in the weeks to come.
The federal government’s recent fiscal decisions -- from buying up three-month commercial paper to cutting interest rates another half percent -- point to a nearly frozen credit market in which money only muddles along.
First it was the housing market, next the stock market. Investors in San Diego County and across the country have watched a big chunk of their net worth eroded by the financial version of back-to-back hurricanes.
Local financial experts only expressed resignation at the Federal Reserve’s Tuesday decision to begin buying three-month commercial paper, seeing it as simply another step in a series of desperate moves toward market stability.
Market volatility will likely continue, economists and financial advisers agreed Monday, after shell-shocked stocks plunged despite government efforts to prop up the U.S. economy.
Most San Diego lawmakers voiced bitter disappointment at Congress' approval Friday of a financial market rescue plan, condemning its cost to taxpayers and apparent failure to address the root causes of economic problems.
A few U.S. lawmakers who helped defeat a financial market rescue package earlier this week reconsidered their vote Thursday, but it seemed that most San Diego lawmakers held to their decisions.
The Senate has passed a $700 billion bailout for the financial industry aimed at preventing the economy from plunging into a recession.
Most savvy investors stuck to an optimistic financial outlook Thursday as talks over a federal rescue plan stalled in Washington.
With tighter lending requirements, commercial property loans are faring much better than their residential brethren, but with Wall Street in crisis, these instruments could be the next to press the default button.
A federal bailout package will not buoy the housing industry immediately, most real estate experts agreed Wednesday, but it’s a start.
In these turbulent economic times, the biotech sector is becoming an increasingly attractive option for investors, according to a panel of industry officials who spoke at a Daily Transcript roundtable recently.
More oversight, protection for taxpayers and limits on corporate pay topped local lawmakers’ priority lists Tuesday as Capitol Hill swirled with proposed specifics on a $700 billion federal bailout package.
Finance and real estate experts expressed doubts in the government’s plan Monday to buy $700 billion in toxic mortgage assets, unsure of its long-term effects.
San Diego bankers applauded federal government's plans Friday to buy up the billions of dollars of bad debt plaguing Wall Street.
Simmering below the collapse of Lehman Brothers, the rescue program for AIG and the extreme volatility on Wall Street last week established yet another financial situation that had the potential to be even more severe.
The financial markets have been in turmoil on Wall Street and will impact San Diego, but how much is unsure
Small businesses seeking capital will face a gauntlet these days. Bad debt has made financial institutions wary, and owners and entrepreneurs must now meet tougher standards to secure needed funds.
The president of a global real estate investment firm made a rare visit to San Diego to share his company’s investment strategy and his perspective on the global economy.
As Wall Street stumbled after weekend shakeups involving two of its largest firms — Merrill Lynch & Co. and Lehman Brothers Holding Inc. — the heads of San Diego financial institutions offered a silver lining for their customers.
The Daily Transcript is hosting a roundtable discussion this afternoon featuring executives from top local financial institutions.
Executives at a roundtable discussion hosted by The Daily Transcript offered tips to aid consumers and businesses as the financial sector struggles to recover from sharp losses.