News release: “Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate net loss of $3.7 billion in the second quarter of 2009, a decline of $8.5 billion from the $4.8 billion in profits the industry reported in the second quarter of 2008. Insured institutions earned $424 million in net operating income during this latest quarter even after a special assessment of $5.5 billion to bolster the FDIC’s insurance fund. However, one-time losses and other items totaling $4.1 billion pulled the industry results into negative territory.”
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Daily Archives: August 27, 2009
Data on Mercury in Water, Bed Sediment, and Fish from Streams Across the United States, 1998-2005
Bauch, N.J., Chasar, L.C., Scudder, B.C., Moran, P.W., Hitt, K.J., Brigham, M.E., Lutz, M.A., and Wentz, D.A., 2009, Data on mercury in water, bed sediment, and fish from streams across the United States, 19982005: U.S. Geological Survey Data Series 307, 33 p. News release: “Scientists detected mercury contamination in every fish sampled in 291 streams… Continue Reading
HHS: New Heath Care Reform Report Regarding America's Seniors
News release: “HHS Secretary Kathleen Sebelius today issued a new report, Americas Seniors and Health Insurance Reform: Protecting Coverage and Strengthening Medicare. The report highlights the problems with the status quo that leave seniors paying escalating costs for their health care while outlining how health insurance reform will strengthen Medicare and protect coverage for seniors.… Continue Reading
Bureau of Economic Analysis: Gross Domestic Product (GDP)
Release release includes highlights, technical note, and associated tables: “Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 1.0 percent in the second quarter of 2009, (that is, from the first quarter to the second quarter),… Continue Reading
Federal Housing Finance Agency Reports Mortgage Interest Rates
News release: “The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less increased 19 basis points to 5.31 percent in July. The average interest rate on 15-year, fixed-rate loans of $417,000 or less increased 9 basis points to 4.89 percent in July. These… Continue Reading
