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Banking & Finance: Foreclosures, Delinquencies Down in January | March 31, 2016

Foreclosures, Delinquencies Down in January

YOUNGSTOWN, Ohio – The rate of mortgage foreclosures in the Youngstown-Warren-Boardman area declined slightly in January compared to January 2015, reports CoreLogic, a financial analytics company based in California. The January foreclosure rate was 1.90%, a decrease of 0.11 percentage points from January 2015 when the rate was 2.01%. Even so, foreclosure activity remains higher […]

Banking & Finance: Business More Cautious, Concerned – PNC Survey | March 31, 2016

Business More Cautious, Concerned – PNC Survey

PITTSBURGH – Presidential candidates’ belligerent campaigning and wider swings in U.S. stock markets have made owners of small and mid-sized businesses more cautious about the next six months and more pessimistic about the economy, a semi-annual phone survey conducted for PNC finds. The results of the survey, released today, found that 43% of those asked […]

Banking & Finance: Cleveland Fed Study Finds Small Businesses Optimistic | March 7, 2016

Cleveland Fed Study Finds Small Businesses Optimistic

CLEVELAND – The financial health of small businesses in the United States continues to improve, the Federal Reserve Bank of Cleveland reported Friday. The 2015 “Small Business Credit Survey: Report on Employer Firms,” presented “a largely optimistic picture for small firms in the United States,” the Cleveland Fed said. “The net share of firms [with […]