With intensifying strains in the euro area weighing on the global outlook, the International Monetary Fund has sharply cut its forecast for world growth this year, saying prospects have dimmed and risks to financial stability have increased.
Huntington said the U.S. Small Business Administration recognized it as the No. 3 lender in the nation for number of SBA 7(a) loans and that it remains the No. 1 lender among Midwest states for the number and dollar amount of SBA 7(a) loans provided to small businesses.
Experian said its Q4 Business Benchmark Report showed general improvement in business performance in most categories quarter over quarter, while metrics remained negative from a year-over-year perspective.
The Bond Buyer reported that a recently released report based on an audit of bond deals responsible for driving Harrisburg into insolvency has prompted a request for a federal investigation into the transactions.