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Treasury Invests $1.15 Billion in 42 More Banks

The largest investment was $25 billion and the smallest about $1 million. January sales figures at automakers Ford and Toyota dropped more than anticipated and are at the worst levels since 1982. January Layoffs by U.S. companies rose 222 percent from January 2008. The unemployment rate is expected to rise to 7.5 percent from its current rate of 7.2 percent. The number of planned cuts announced in January is the highest in seven years says outplacement firm Challenger, Gray & Christmas.”]

Source: https://www.cuinfosecurity.com/treasury-invests-115-billion-in-42-more-banks-a-1193

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