SAN FRANCISCO (MarketWatch) — Volkswagen of America, a subsidiary of Germany’s Volkswagen AG , on Tuesday reported its October U.S. sales rose 17.9% to 20,084 vehicles. It sold 5,464 Jettas in its first full month of sales, the best “non-Cash for Clunker” month for the model since 2005, Volkswagen said. Market Pulse Stories are Rapid-fire, [...]
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Government Cuts Led U.S. to Lose 95,000 Jobs in Month
October 8th, 2010
davidguide The unemployment rate stayed flat at 9.6 percent in September, but the drop in employment was far worse than expected. View full post on Business Stories
Newsweek: Don’t forget that the bailouts actually worked
September 19th, 2010
davidguide We can be fairly sure that without Lehman’s collapse, it would have been impossible to shock the political system into action. In the month after the fall, the U.S. government made a series of massive moves to restore stability to the financial system. And it’s clear that those actions saved the American-and thus the global-economy [...]
Ginnie Business Fades
September 18th, 2010
davidguide Issuance of Ginnie Mae mortgage-backed securities during August was down 10 percent from a month earlier. Compared to a year earlier, MBS issuance tumbled nearly a quarter. Ginnie noted, however, that multifamily issuance was sustaining “a strong pace.” View full post on Mortgage Stories
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