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Sep 26, 2011

Kodak borrows $160M, stock plunges

Shares of Eastman Kodak Co. lost one-quarter of their value Monday morning after the 131-year-old photography pioneer, scrambling to redefine itself in a cutthroat digital arena, drew down $160 million from its revolving credit line.

Jun 1, 2011

House GOP lawmakers meeting Obama on borrowing

WASHINGTON — Republicans invited to a White House meeting with President Barack Obama Wednesday are trying to build up pressure for trillions in spending cuts in exchange for any increase in the government's ability to borrow.

Dec 22, 2010

Mortgage applications fell last week

NEW YORK CITY — The number of people applying for a mortgage fell last week as higher rates discouraged borrowing. The Mortgage Bankers Association says its overall mortgage application index decreased ...

Nov 2, 2010

Treasury estimates $362B in borrowing for quarter

WASHINGTON, D.C. — The Treasury Department said Monday it will need to borrow $362 billion in the current October-December quarter, the second largest borrowing on record for this period. Treasury officials said the borrowing ...

May 3, 2010

Treasury projecting lower borrowing needs

WASHINGTON, D.C. — The federal government is projecting that its borrowing needs for the current budget year will total $1.459 trillion, down 18.3 percent from the all-time high set last year.

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