May 21- Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter. The cab-hailing company is in talks with a number of large banks for the loan, asking them how much they would commit and at what terms, the Journal reported, citing the people. San Francisco- based Uber, which has grown...» Read More
Liu Li-Gang, Head of China Economic Research, ANZ says the economic outlook for China looks brighter next year, and forecasts that its economic growth will hit 8.1%.
FHA is short $56 billion in reserves, with Stephen Meister, Meister, Seelig & Fein; and SEIU activists are protesting outside Los Angeles Airport, with Mary Kay Henry, SEIU International president.
The housing recovery can't gather steam until tight-fisted banks loosen tough lending standards put in place after the worst housing crisis since the Great Depression.
Senator Chuck Grassley says the very day A123 filed for bankruptcy, the Department of Energy sent a check to the company for nearly $1 million, reports CNBC's Eamon Javers.
Michael Schlein, Accion president & CEO, discusses his global nonprofit organization, which offers people the financial tools they need to escape poverty.
CNBC's Eamon Javers reports Senator Chuck Grassley says the very day A123 filed for bankruptcy, the Department of Energy sent a check to the company for nearly $1 million. The Energy Department, he says, needs to answer for "autopilot" funding.
Want to ski at the Yellowstone Club? Be prepared to pay.
"This uncertainty is really making business people extremely nervous," said Rusty Cloutier, President and CEO of MidSouth Bank, discussing the impact of fiscal cliff worries on bank loans.
So what will President Obama and Mitt Romney say they'll do about education if they're in the White House in the next four years? Take a look at their positions.
CNBC's Gary Kaminsky looks into campaign loans that look a little too good to be true, particularly when compared to terms small businesses or entrepreneurs in need of working capital could get.
Douglas Lebda, Lending Tree founder & CEO, weighs in on why some homeowners are finding it hard to take advantage of all-time low mortgage rates and gain access to cheap home loans.
Dawn Lepore, Prosper.com CEO, explains how investors can generate annual returns of 10 percent or more by making small loans directly to consumers.
Federal and state regulators are documenting new instances of abuse in reverse mortgages as smaller mortgage brokers, including former subprime lenders, flood the market.
According to the ABA, while bank credit card delinquencies are falling at rapid rates, defaults on other credit categories, like home equity loans, are increasing, reports CNBC's Kayla Tausche.
CNBC's Diane Olick talks with Sanjiv Das, CitiMortgage CEO about the NY Attorney General's suit against JPMorgan Chase and whether CitiMortgage to be hit with the same type of suit.
Are consumers getting their fair share of QE3? CNBC's Diane Olick talks with Sanjiv Das, CitiMortgage CEO about whether lending standards are still too strict.
Some payday lenders are "partnering" with Native American tribes to avoid interest rate caps, and one tribe, the Oglala Sioux tribe, didn't even know their name was being used by a lender, reports CNBC's Eamon Javers.
A little known loophole is letting some payday loan companies dodge state laws and charge interest rates much higher than the states would otherwise allow, a CNBC investigation has found.
Years into the so-called economic recovery, it remains difficult for small businesses to get bank loans. "I had great credit," says Allison O'Neill, founder of Bundle. "They were just like, we're not taking any risks on startups."
Indian corporates already under stress from a slowing economy cannot afford a credit ratings cut, which would raise their borrowing costs, further hurting profitability, Chanda Kochhar, CEO of the country’s second-largest lender ICICI Bank told CNBC.