Outrage spread in Canada, with the Toronto Star last week bemoaning "a plague of protectionist measures in the U.S." and Canadian companies openly fretting about having to shift jobs to the United States to meet made-in-the-USA requirements. This week, the Canadians fired back.
NEW YORK - A surprise drop in April retail sales undermined investor confidence that the economy was healing and sent Wall Street into a tailspin Wednesday. The market has put a two-month rally on hold amid concern that an economic recovery won't come as fast as hoped.
WASHINGTON - The government-installed CEO of American International Group Inc.
"History tells us that banks have to be the first sector to come out of the recession," Swanson said. "That is more true this time."
WASHINGTON - The economy shrank at a worse-than-expected 6.1 percent pace at the start of this year as sharp cutbacks by businesses and the biggest drop in U.S. exports in 40 years overwhelmed a rebound in consumer spending.
Just when you thought the worst of the foreclosure bloodbath was over, banks and mortgage lenders are increasingly filing to force people out of their homes, says RealtyTrac, a firm that follows foreclosure trends.
At first, I believed this was a bipartisan effort! But, now, I'm not so sure? I was considering joining them in this cause, but the more I read, and the more that was said, I have serious doubts that it is! Here's why............
This really was a great interview! George asked some really tough questions and of course, Tim Geithner, sidestepped them. I hope you will go to the article and read all the interview because it really gives a clear picture of what is going on. Tim Geithner is so easy to read!!
"The governor every year comes in and wants half a billion dollars for the (state) enterprise fund to create jobs and stimulate economic growth and he's going to say we don't want $20 billion?" Dunnam said.
Two former U.S.
Foreign Financing of US Government Debt This data comes from the US Treasury - Current as of January 2009 OWNERSHIP OF U.S. FEDERAL GOVERNMENT PUBLIC DEBT US Treasuries in billions of USD (1)
Foreign Ownership of US Domestic Industries This data comes from IRS (Internal Revenue Service) - Current as of 2002 (latest data available).
McDonald's Corp. will add 12,000 jobs and open 240 new restaurants across Europe this year, the Financial Times in London reported on Saturday, citing the company's president of European operations.
Freddie Mac plans to ask the government for up to $35 billion in extra support as the housing slump continues to hammer the mortgage giant. The Federal Housing Finance Agency, Freddie Mac's conservator, will ask the Treasury Department for additional funds of between $30 bill …
The market will begin the peak period for quarterly earnings reports next week, as evidence grows that the economic pain is being felt across an ever-broadening range of industries.
1st Centennial Bank of Redlands, Calif. was seized by the Federal Deposit Insurance Corp. and state regulators on Friday. It was the third bank failure this year, and brings to 28 the number of banks that have closed since the beginning of the current credit crisis.
As the saying goes "It's still the same old song and dance"
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Hi Absolute Zero wanna be the first to leave a comment and dammit I wanna be your friend.... Hope to see some more articles out of you!!!
— Froggers
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