NEW YORK, July 31- Banks gave Puerto Rico's electric power authority a two-week extension on $671 million in revolving loan facilities on Thursday as the troubled authority negotiates with creditors over its vital near-term cash needs. Of that, $146 million was due to Citigroup Inc on Thursday.» Read More
Christopher Botsford, CEO, ADM Capital talks about a recently-introduced lending facility aimed at providing loans to mid-sized companies.
Discussing the drama surrounding JPMorgan's trading loss and how to make money in the banking industry, with Matt O'Connor, Deutsche Bank analyst.
Some states are using all or part of huge mortgage settlements from big banks for reasons other than helping home borrowers and homeowners. Breaking down where the money is going and whether this is a good idea, with Chris Thornberg, Beacon Economics and CNBC Contributor Ron Insana.
One retailer's experience raises a question that many small businesspeople are asking in times of tighter credit and uneven profits: Are bigger banks willing to deal with the risk of a smaller business in tough times?
CNBC's Diana Olick reports a drop in new mortgage delinquencies last quarter and are finally back to the historical long-term average of around 3.1%.
CNBC's Eamon Javers, Brian Sullivan and Amanda Drury discuss comments made by Sen. Harry Reid (D-NV) regarding JPMorgan.
Does the pullback in shares of Starbucks signal a buying opportunity for investors? Jim Iuorio, TJM Institutional Services, discusses why he is short the stock. Dan Dicker, MercBloc, also weighs in on expectations that Carl Icahn will disclose a sizable stake in Chesapeake Energy.
Discussing JPMorgan's $2 billion in trading losses and the risks other banks may face, with Barry Sloane, NewTek Business Services president and CEO, and Erin Gibbs, S&P Capital IQ equity CIO.
In this era of tight money, many small businesses feel that they've been hung out to dry by traditional lenders, a new survey shows. As a result, a growing number of companies are turning to alternative sources of funding, such as merchant cash advances.
CNBC's Steve Liesman reports on statements made by Fed Chairman Ben Bernanke at the Fed conference on banking in Chicago. "Overall, I think this is a pretty upbeat Fed chairman who is not really inclined to making too many upbeat comments about the banking industry," he says.
Fannie Mae hasn't asked for taxpayer money since 2008. Is it time for the government to back off on all the expensive programs designed to help housing? Fred Glick, U.S. Loans Mortgage president, offers insight.
Discussing how the markets are reacting to "fear" in Europe, with Steven Rosen, Societe Generale; and CNBC's Maria Bartiromo, Bill Griffeth, Bob Pisani, Rick Santelli and Simon Hobbs.
16 members of the euro zone have decided they will give Greece the loan of $6.8 billion, reports CNBC's Simon Hobbs.
CNBC's Rick Santelli discusses what the French and Greek elections mean for Europe as it tries to solve its debt crisis and the state of U.S. debt and student loans.
The Senate will vote on a Democratic plan to keep college loan interest rates from doubling on July 1st. Discussing whether student loan debt has the potential for a financial bubble, with Brian Wesbury, First Trust Advisors and Andrew Kelly, American Enterprise Institute.
Discussing incentive and subprime lending trends in the auto industry, with Jessica Caldwell, Edmunds.com and CNBC's Phil LeBeau.
CNBC's John Harwood reports on the House voting on a Republican plan to stop interest rates on student loans from doubling by summer.
Mike Cagney is a former hedge fund manager, an alumnus of the Stanford Graduate School of Business and the co-founder of SoFi, a startup that ultimately aims to make college alumni the primary source of student credit, instead of the federal government.
CNBC's Eamon Javers reports on President Obama's push to keep student loan interest rates from doubling in July.
CNBC's Rick Santelli weighs in on "tough love" and why it is important for people to pay off their debt, whether it's student loans or home mortgages.