Record sales of unwanted loans fuel dividend payouts

U.S. companies have sold a record amount of notorious loans to raise funds for dividends this year, fueled by a recovering economy and investor demand for higher-yielding assets. Non-financial companies, including insurer Asurion LLC and fast food restaurant chain Whataburger Inc., have issued more than $ 72 billion in speculative-grade …

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McConnell accuses Dems of “letting radical left rule Capitol Hill” after infrastructure vote is canceled

Republican Senate Leader Mitch McConnell blames Democrats for their mismanagement after blocking the vote on President Joe Biden’s $ 1.2 trillion infrastructure plan amid resistance from casual members. McConnell, posting an ad on Saturday, accused Democrats of ‘let the radical left rule Capitol Hill. “These unified democratic authorities should stop …

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Golden LEAF, NC Rural Center Announces Stimulus Loan Program for Small Businesses Affected by Tropical Storm Fred | Business

The Golden LEAF Foundation and the NC Rural Center have reactivated their disaster recovery loan program, which is now accepting applications from small business owners in Avery, Buncombe, Haywood, Madison, Transylvania, Watauga and Yancey counties. Managed by the nonprofit of the rural center, Thread Capital, Disaster Recovery Loans (Resilient Recovery …

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