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BHP Abandons $66 Billion Rio Tinto Bid as Commodities Collapse

Posted by neophyteblogger 1280 days ago (http://www.bloomberg.com)
Category: Business | Tags: bhp billiton ltd rio tinto group
BHP Billiton Ltd. abandoned its year-long pursuit of Rio Tinto Group, blaming the rout in commodities prices and the credit-market squeeze for derail[...] read more »
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An Economic Transition, A Political Dance

Posted by neophyteblogger 1280 days ago (http://abcnews.go.com)
Category: Economy | Tags: nation's economy obama
One of them needs to assure the American people that he's still in charge of navigating a massive financial crisis during his final months in office[...] read more »
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China Has Room to Keep Loosening Monetary Policy, OECD Says

Posted by neophyteblogger 1280 days ago (http://www.bloomberg.com)
Category: Business | Tags: china monetary policy oecd
China has room to keep loosening monetary policy to support growth as the global economy weakens, the Organization for Economic Co-operation and Deve[...] read more »
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6 Essential iPhone Apps For Managing Your Finances

Posted by neophyteblogger 1280 days ago, popular 1279 days ago (http://www.creditcardcompare.com.au)
Category: Tech | Tags: iphone apps
Ever since the App Store was opened to the public, developers from around the world have been working feverishly to write new applications for the iP[...] read more »
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Global Chief to Lead Wal-Mart

Posted by neophyteblogger 1283 days ago (http://www.washingtonpost.com)
Category: Business | Tags: economy growing market share wal-mart
Wal-Mart made the surprise announcement yesterday that Mike Duke, the head of its international division, will replace H. Lee Scott Jr. as chief exec[...] read more »
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A Cash-Poor And 'Sensitive' GM to Give Up Two Planes

Posted by neophyteblogger 1283 days ago, popular 1282 days ago (http://www.washingtonpost.com)
Category: Economy | Tags: ford general motors
Struggling General Motors, which was blasted and mocked for using one of its corporate jets to fly chief executive G. Richard Wagoner Jr. to Washingt[...] read more »
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FDIC Seizes Three Banks, Expanding Loan-Relief Effort

Posted by neophyteblogger 1283 days ago, popular 1282 days ago (http://www.washingtonpost.com)
Category: Economy | Tags: downey savings fdic loan association
Federal regulators seized three banks last night, including Downey Savings and Loan Association, a large California mortgage lender, expanding what i[...] read more »
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Obama Picks New York Fed Chief to Lead Treasury

Posted by neophyteblogger 1283 days ago, popular 1283 days ago (http://www.washingtonpost.com)
Category: Business | Tags: new york federal reserve bank obama
President-elect Barack Obama has selected New York Federal Reserve Bank President Timothy F. Geithner as Treasury secretary, handing the post to a pr[...] read more »
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Bank of Japan holds rates unchanged

Posted by neophyteblogger 1284 days ago (http://www.marketwatch.com)
Category: Economy | Tags: bank of japan overnight call rate
The Bank of Japan's Policy Board voted unanimously Friday to hold its key overnight call rate unchanged at 0.3%, as expected. read more »
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Argentine Senate Approves Takeover of $24 Billion in Pensions

Posted by neophyteblogger 1284 days ago (http://www.bloomberg.com)
Category: Economy | Tags: argentine senate pensions
Argentina’s Senate approved President Cristina Fernandez de Kirchner’s plan to nationalize about $24 billion in private pensions, a move the oppositi[...] read more »
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R.I. unemployment rate climbs to 9.3%

Posted by neophyteblogger 1284 days ago (http://www.projo.com)
Category: Economy | Tags: r.i unemployment rate
Rhode Island’s unemployment rate last month climbed to 9.3 percent, the highest since 1983, as job cuts in the private and public sectors coursed thr[...] read more »
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Crude Oil Rises From Lowest Since May 2005 as Equities Rebound

Posted by neophyteblogger 1284 days ago (http://www.bloomberg.com)
Category: Economy | Tags: bank of japan crude oil
Crude oil rose from near the lowest level since May 2005 as Asian equities gained for the first time in five days on speculation governments will ste[...] read more »
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Fannie, Freddie Said to Increase Efforts to Cut Foreclosures

Posted by neophyteblogger 1294 days ago (http://www.bloomberg.com)
Category: Real Estate | Tags: fannie freddie
Fannie Mae, Freddie Mac and housing industry officials plan a new mortgage modification program designed to cut payments for hundreds of thousands of[...] read more »
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AIG insurance

Posted by neophyteblogger 1294 days ago (http://www.bloomberg.com)
Category: Economy | Tags: aig leads insurance losses as global tal
American International Group Inc. has led North American insurers to more than $120 billion in debt- market losses, helping to push the tally for the[...] read more »
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Economy fears dog Asia stocks

Posted by neophyteblogger 1294 days ago (http://www.reuters.com)
Category: Stocks | Tags: asia stocks
Asian stock markets and oil prices retreated on Tuesday while the yen pushed higher as a souring economic outlook cooled investor hopes sparked by Ch[...] read more »
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