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Now Is the Time to Invest in the Middle East and North Africa

David Weiss | Posted 01.15.2012 | Impact
David Weiss

Microenterprises on average only employ a few people, but they create job opportunities where very few exist. One individual we supported was Jassim, a young Iraqi entrepreneur who was the sole supporter of his three younger siblings.

Big Banks' Latest Problem? They're Sitting On Too Much Cash

The Huffington Post | Alexander Eichler | Posted 12.25.2011 | Business

The economy is only barely growing, making some consumers and businesses skittish about taking out loans and with banks not lending that money out, it...

Small Business Lending 'Finally Turning The Corner': PayNet

Reuters | Posted 12.17.2011 | Small Business

(By Deborah L. Cohen) - Startup activity is expected to pick up this year and into 2012 as sectors such as amusement and recreation services continue ...

Addressing the Credit Needs of the Unbanked

Bill Himpler | Posted 12.07.2011 | Business
Bill Himpler

The need for access to affordable credit among the unbanked has been met by a steady call for banks to offer small dollar loans.

Small Business Borrowing Jumps: Paynet

Reuters | Posted 12.03.2011 | Small Business

(By Ann Saphir) - Borrowing by small U.S. businesses jumped in August, a bright spot in an economy whose weaknesses are so pronounced that the Federal...

Bonnie Kavoussi

Reassured By Bailouts, Banks Have Taken More Risks | Bonnie Kavoussi | Posted 11.16.2011 | Business

After receiving hundreds of billions of dollars in bailouts in the wake of the 2008 financial crisis, banks often did not come to the aid of credit-st...

The Development Agenda and the World Bank

Vinod Thomas | Posted 10.12.2011 | World
Vinod Thomas

During the past two years of the financial crisis, the World Bank has been a global player. The challenge now is to connect global and country actions, harness innovation across a broad front, and promote a development path that is more sustainable.

Small Business Borrowing Hits 3-Year High

Reuters | Ann Saphir | Posted 10.01.2011 | Small Business

By Ann Saphir CHICAGO (Reuters) - Borrowing by small U.S. businesses jumped in June to the highest level in more than three years, a si...

Banks Increasingly Use Payday Loans Despite Crackdown On Predatory Lending

The Huffington Post | Alexander Eichler | Posted 09.21.2011 | Business

Two years after the recession officially ended and one year after the creation of a landmark financial law meant to prevent another financial crisis, ...

Amanda M. Fairbanks

Why Colleges Should Help Students Minimize Private Loan Use | Amanda M. Fairbanks | Posted 09.12.2011 | College

Halfway through her junior year of college, Crystal Nance suddenly needed to come up with $15,000 in order to graduate. While federal loans covered...

Should You Pay Off Your Mortgage Early?

DailyFinance | Regina Lewis | Posted 09.11.2011 | Business

It's always interesting and instructive to see what money matters are on our readers minds. We've promised to chase down answers for you, and we'll co...

A New Day for Gugu

Jane D. Wurwand | Posted 06.04.2013 | Women
Jane D. Wurwand

I recently returned from a whirlwind trip to South Africa, where I spoke about microlending, financial independence, and women's empowerment to more than 1,000 women during meetings held in Johannesburg, Durban and Cape Town.

Is Redlining Back? Evidence Grows That Qualified Borrowers Can't Get a Loan

Preeti Vissa | Posted 08.09.2011 | Business
Preeti Vissa

It has become increasing clear that there are large numbers of qualified borrowers who can't get a loan. Disturbingly, there are signs of a racial pattern to this phenomenon.

Memo to First Time Buyers: How to Avoid Closing Cost Sticker Shock

Ron Gitter | Posted 08.02.2011 | New York
Ron Gitter

It never ceases to amaze me how little first-time buyers know about purchasing a home. It's difficult for a beginner to digest all of the facets of a real estate transaction.

Small Business Borrowing Rises: PayNet

Reuters | Posted 08.01.2011 | Business

(Ann Saphir) - Borrowing by small businesses surged in April, data released by PayNet Inc on Wednesday showed, providing some evidence the economy is ...

U.S. Should Raise Interest Rates, OECD Says

Posted 07.25.2011 | Business

WASHINGTON (By Pedro Nicolaci da Costa) - The Federal Reserve should begin to hike interest rates in coming months, the Organization for Economic Coop...

The Myth That Banks Are Solvent

Marshall Auerback | Posted 07.12.2011 | Business
Marshall Auerback

Many financial institutions are hopelessly insolvent, holding mountains of toxic waste that will never be worth anything. So why are we implementing policies that simply maintain a credit-based economy?

Fed's $600B Program Has Boosted Lending, Stocks

Bloomberg | John Detrixhe | Posted 07.10.2011 | Business

The Standard & Poor's 500 Index has gained 13.5 percent since the Federal Reserve chairman announced on Nov. 3 the plan to buy Treasuries through its ...

Lending a Hand to Lenders: How to Speed Up the Closing Process

Ron Gitter | Posted 07.06.2011 | New York
Ron Gitter

The process by which a bank completes the loan documentation at the closing is about as up to date as applying a wax seal. In the digitized world we live in today, a closing takes way too long.

How 'Collaborative Consumption' Is Transforming Startups

MIT Entrepreneurship Review | Posted 05.25.2011 | Business
MIT Entrepreneurship Review

Collaborative consumption market places are everywhere: media, car rental, lodging, staffing, textbooks, apparel, custom graphic design and even finance.

Inching Forward on Credit Scores

Preeti Vissa | Posted 05.25.2011 | Business
Preeti Vissa

While Experian's action does not by itself create a new day of fairer, more inclusive credit scores, it just might be the first step on a path that will take us there.

William Alden

Banks Ease Credit To Big Companies, But Leave Out Small Business | William Alden | Posted 05.25.2011 | Business

In a sign that life may be getting easier for big U.S. corporations, large banks are beginning to make loans more available. Citing increased competi...

Chinese Lender To Buy Stake In U.S. Bank

Posted 05.25.2011 | Business

Industrial and Commercial Bank of China (1398.HK) agreed to acquire a majority stake in the Bank of East Asia's (0023.HK) U.S. unit, making it the fir...

Why Washington's Elite Are Totally Out Of Touch With Main Street

Mark Sunshine | Posted 05.25.2011 | Business
Mark Sunshine

The biggest obstacle to small business lending is the disconnect between well-intentioned policy makers and the reality of Main Street. Maybe a review of practical reality and facts would help.

Lawsuit Loans Are 'Legal Loan-Sharking,' Critics Say

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

Over the last decade, banks, hedge funds and private investors have begun pumping money into other people's lawsuits in the hopes of sharing in the po...