Consumer loan delinquencies rise to record high – Wichita Business Journal:

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The industry group blamex the record wave of job losses as a major factor. More than 2 million Americans lost thei r jobs in the first three months ofthe year. Six milliom have lost their jobs since therecession began. “Delinquencie s won’t improve until companies start hiriny again and we see a significanyeconomic turnaround,” ABA chief economist James Chessenm said in a news The ABA defines delinquency as a payment that is 30 days or more The composite delinquency rate among eight types of closed-end installment loan categories rose to 3.23 percent of all from 3.22 percent in the previous quarter. Bank card delinquencies rose to 4.75 percent of all from 4.
52 percent in the previous quarter. However, the balancesz on those delinquent accountsrose dramatically, to 6.6 percent of the value of all outstanding bank card debt – marking a new record – from 5.52 Chessen said the unemployed may be using bank cardds to bridge a temporaryy income gap, especially with less home equity to fall back on as housinfg prices continue to fall. Home equityu loan delinquencies increasedto 3.52 percent from 3.03 Property improvement loan delinquencies decreased to 1.46 percentr from 1.75 percent. Indirect auto loan delinquencies decreaseeto 3.42 percent from 3.53 percent. Direct auto loan delinquenciesa increasedto 3.01 percent from 2.03 percent.
Marinde loan delinquencies decreasedto 2.04 percent from 2.35 RV loan delinquencies increased to 1.52 percent from 1.38 Mobile home loan delinquencies increased to 3.7 percent from 2.96 Personal loan delinquencies increased to 3.47 percent from 2.88

Obama, Romney presidential election: Suspense to the end, both tickets in … – Chicago Tribune

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ABC News

Obama, Romney presidential election: Suspense to the end, both tickets in … Chicago Tribune Campaign 2012 packed frantic suspense to the finish Tuesday, with Vice President Joe Biden flying unannounced up next to Republican Mitt Romney in battleground Ohio even as voters across the country were deciding who would win the White House. Two Sides' Last Task: Get Out the Vote New York Times Voters at Last Get to Have Their Say W »

Obama, Romney focus on swing states in late campaigning – Reuters

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ABC News

Obama, Romney focus on swing states in late campaigning Reuters WASHINGTON (Reuters) – President Barack Obama and Republican ch »

New York Daily News joins growing number of newspapers switching … – Fox News

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New York Times

New York Daily News joins growing number of newspapers switching … Fox News One of New York's most influential and tradition »

Obama, Romney blaze across battlegrounds, seeking remaining undecided voters – Fox News

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Globe and Mail

Obama, Romney blaze across battlegrounds, seeking remaining undecided voters Fox News Mitt Romney and President Obama blazed across the country Saturday, hitting key battleground states where both candidates vowed partisan compromise if elected and urged supporters to help them win over the remaining undecided voters. The promises … Romney, Obama converge on Iowa in late scramble for votes Reuters President Obama, Mitt Romney in dead heat in last days of presidential race New York Daily News Parsing the early vote: Who's winning? Los Angeles Times NECN -Tampabay.com -BBC News  »

A Romney victory agenda will need Democratic support – Chicago Sun-Times

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Irish Times

A Romney victory agenda will need Democratic support Chicago Sun-Times Updated: November 2, 2012 7:16PM. Mitt Romney has talked about repealing “Obamacare,” lowering tax rates for businesses and the middle class and radic »

Survey: CEOs still foresee negative conditions – Silicon Valley / San Jose Business Journal:

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“This quarter’s results reflect a continuinf weak set ofeconomic conditions,” said Ivan chairman of Business Roundtable and chairmajn and CEO of “Conditions — while stillk negative — appear to have begun to The Washington-based association of CEOs represents a combined work forces of nearly 10 million employees and more than $5 trillio n in annual sales. When asked how they anticipater their sales to fluctuat in the nextsix months, 34 percentg said sales will increase, and 46 percent predictex a decrease. That is a sunnier forecast thanthe first-quartetr outlook survey, when 24 percent predicted higher Fifty-one percent said their U.S.
capital spendingg will fall in thesecond quarter, and 12 percent said it will Forty-nine percent expect their U.S. employment to decrease in the next six up fromthe first-quarted outlook survey, when 71 percenty predicted a drop in employment. Six percentr anticipate their employee base to Member CEOs estimated thatthe nation’s real gross domestic product will drop by 2.1 perceny in 2009, compared with the first-quarter estimate of a 1.9 percent The outlook index — which combinesd member CEO projections for capital spending and employment in the six months ahear — expanded to 18.5 in the seconr quarter, up from -5 in the firsg quarter.
An index reading of 50 or lowetr is consistent with overalleconomic contraction, and a readingb of 50 or higher is consistent with

Long road ahead for Sandy-battered areas despite signs of progress – NBCNews.com

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Livemint

Long road ahead for Sandy-battered areas despite signs of progress NBCNews.com New in this version: New York City to waive transit fares through Friday. Updated at 10:36 p.m. ET: Residents of the Northeast eager to get out and about after Superstorm Sandy's rampage discovered Wednesday that they couldn't get very far. Contributing to … Long Recovery Ahead for Battered Region W »

Superstorm Sandy: Death Toll Up to 50, but Some Steps Toward Recovery – ABC News

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ABC News

Superstorm Sandy: Death Toll Up to 50, but Some Steps Toward Recovery ABC News It blasted the ocean itself over dunes, seaw »

Superstorm Sandy slams Northeast – CBS News

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The Nation

Superstorm Sandy slams Northeast CBS News Updated at 11:46 p.m. ET. ATLANTIC CITY, N.J. Superstorm Sandy slammed into the New Jersey coastline with 80 mph winds Monday night and hurled an unprecedented 13-foot surge of seawater at New York City, flooding its tunnels, subway stations and … Sandy slams into New Jersey, swamps Lower Manhattan Washington Post At least 10 dead, 5.2 million without power as Sandy pummels the East Coast Fox News Massive storm Sandy kills at least 8 as it roars ashore in East Los Angeles Times Businessweek -TIME -Bloomberg  »