Newsroom Headlines

December 2, 2002 Holiday Sales in the U.S. Get Off to a Strong Start After months of muted sales projections and weeks of frantic pre-Thanksgiving discounts, the weekend's holiday sales came in better

November 29, 2002 Student Loans Collections and Credit Risk magazine reports that default rates of student loans are down from their 1990 record high of 22.4 percent primarily due to widespread loan

November 27, 2002 Stocks Slide as Consumer Data Disappoints Stocks tumbled in late afternoon trading on Tuesday after disappointing consumer confidence data had investors pulling back after a seven

November 26, 2002 Bankruptcy Filings Hit Historic Highs New bankruptcies filed during the third quarter of 2002 and for the past 12 months broke records again, according to data released yesterday by

November 25, 2002 Senator McCain Announces Tentative Committee Agenda Sen. John McCain (R-Ariz.) announced in a press release last week initiatives the Committee on Commerce, Science and

November 22, 2002 Economic Indicators Remain Flat The Index of Leading Economic Indicators remained flat in October after four straight months of declines, the New York-based Conference Board reported

November 21, 2002 Congress Approves Chapter 12 Extension The Senate by voice vote approved legislation that extends chapter 12 of the U.S. Bankruptcy Code for an additional six months beyond its

November 20, 2002 Senate Republicans Plan Another Round on Bankruptcy in 108th Congress Sen. Orrin Hatch (R-Utah) says he plans to push for bankruptcy legislation next year similar to the failed

November 19, 2002 Business Lobbyists Regroup on Bankruptcy Overhaul Strategy Business lobbyists have mounted a quiet last-ditch effort to persuade senators to support the House-passed GOP version of

November 18, 2002 Overnight House Maneuvering Fails to Save Bankruptcy Senate Majority Leader Tom Daschle (D-S.D.) on Friday indicated the Senate would not take up a newly revised bankruptcy bill