Archive for June, 2009
Sunday, June 28th, 2009
More and more people are finding ways and means to combat the dreaded recession families, businesses day I am bombarded by the different overpowering supports from diverse worried sectors on the way to manage your income or augment your money affairs solely to survive the pressing recent times. It is ...
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Saturday, June 27th, 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:Qantas cancels or delays 30 Boeing 787 orders
(AP)
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Saturday, June 27th, 2009
Let's be honest. The monetary crisis has hit everyone, from the boss bigwigs to the regular Joe eking out a living. Money assets worth millions have become putty, while the unavoidable inflation resulting from unnecessary minting of money will make our healthy savings account look like coins in a few ...
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Saturday, June 27th, 2009
Reuters - Technology companies are riding out the recession by seeking sales partnerships, which offer some of the benefits as acquisitions without the risk of squandering cash in a weak economy or, for smaller firms, selling out at a low valuation.Source:Tech vendors prefer partnerships to buyouts
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Friday, June 26th, 2009
Reuters - U.S. consumer spending in May rose for the first time since February and savings hit a record high as federal stimulus measures boosted incomes, bolstering the view that the economy was close to emerging from recession.Source:U.S. spending and income rise, mood improves
(Reuters)
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Friday, June 26th, 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)
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Friday, June 26th, 2009
Being able to gain a lot of profit while getting into currency trading is one of the many advantages of foreign exchange. Despite the growing fear of many budding investors to the complexity of trading principles in foreign exchange, there can be a lot of benefits in applying ...
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Friday, June 26th, 2009
AFP - The US economy shrank at a 5.5 percent pace in the first quarter, the government said Thursday in a report offering a glimmer of hope for recovery from prolonged recession.Source:US 5.5% GDP decline offers hope of rebound
(AFP)
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Friday, June 26th, 2009
AP - Rates for 30-year home loans edged up this week, remaining above record lows reached over the spring.Source:Mortgage rates tick up, remain above lows
(AP)
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Thursday, June 25th, 2009
Reuters - Technology outsourcing and consulting firm Accenture Ltd said its quarterly profit fell due to a slower economy and a stronger U.S. dollar, although the results were better than most analysts had expected.Source:Accenture earnings fall but better than expected
(Reuters)
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