Archive for June, 2009
Tuesday, June 30th, 2009
AP - Former Treasury Secretary Henry Paulson will testify next month before a House committee that's investigating whether he and other government officials pressured Bank of America Corp. to acquire Merrill Lynch in a deal that cost taxpayers $20 billion.Source:Paulson to testify July 16 about BofA-Merrill deal
...
Posted in Finance | Comments Off
Tuesday, June 30th, 2009
Precious metals have always been some of the most sought out materials in the history of humankind. They can be picked up for their aesthetic beauty, or they can be picked up for their long term investment value. In either case, the silver maple leaf coin is a solid investment ...
Posted in Finance | Comments Off
Tuesday, June 30th, 2009
AP - Republicans concerned about the Obama administration's big spending on economic stimulus, energy and health care are asking, "Where are the jobs?"Source:GOP urges more spending restraint in programs
(AP)
Posted in Finance | Comments Off
Monday, June 29th, 2009
AP - The Bank for International Settlements urged governments Monday to move away from "staggering" stimulus packages as the global economy stabilizes and focus instead on reforming the international financial system.Source:Central bankers urge move from stimulus to reform
(AP)
Posted in Finance | Comments Off
Monday, June 29th, 2009
Reuters - Freddie Mac , the second-largest U.S. home funding company, on Friday said its mortgage investment portfolio shrank by an annualized 9.9 percent rate in May, while delinquencies on loans it guarantees accelerated.Source:Freddie Mac May portfolio shrank annualized 9.9 pct
(Reuters)
Posted in Finance | Comments Off
Monday, June 29th, 2009
AP - European business and consumer confidence climbed for the third month in a row in June but still languished near its lowest point in two decades, the European Commission said Monday.Source:European economic confidence climbs
(AP)
Posted in Finance | Comments Off
Monday, June 29th, 2009
The present turbulent times has bought with it new worries and maladies which have left ahead and made a sizeable dent on our finances. With the source of income dwindling and the fixed cost staying almost the same it has become very ...
Posted in Finance | Comments Off
Sunday, June 28th, 2009
AP - WASHINGTON Households raised their savings rate to the highest level in more than 15 years in May as many used a big boost in money from the government's stimulus program to bolster nest eggs rather than to spend more. Still, with consumer spending expected to stay subdued, ...
Posted in Finance | Comments Off
Sunday, June 28th, 2009
AP - Qantas Airways Ltd. said Friday it has canceled orders for some Boeing 787s and delayed delivery of others as the recession slows air travel and tight credit hampers purchases of new aircraft.Source:Quantas cancels or delays 30 Boeing 787 orders
(AP)
Posted in Finance | Comments Off
Sunday, June 28th, 2009
AP - President Barack Obama's plan to increase oversight of banks and other financial institutions met with skepticism on Capitol Hill on Thursday, where senators sharply questioned whether it was enough to prevent another economic meltdown.Source:Senate questions Obama's financial oversight plan
(AP)
Posted in Finance | Comments Off
Subscribe To Our RSS Feed
