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China's Stimulus Plan Cheers Markets, But Doubts Remain

Posted by neophyteblogger 1294 days ago (http://online.wsj.com)
Category: Economy | Tags: asia financial market
Asia's financial markets greeted China's massive stimulus plan warmly, but with caveats that underscored concern that economic stability in China w[...] read more »
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Circuit City Files for Chapter 11 Protection

Posted by neophyteblogger 1294 days ago (http://www.washingtonpost.com)
Category: Tech | Tags: circuit city
Circuit City Stores, the nation's second-largest consumer electronics retailer, said yesterday that tightened credit and rapidly declining consumer [...] read more »
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American Express Wins Federal Reserve Approval to Become Bank

Posted by neophyteblogger 1294 days ago (http://www.bloomberg.com)
Category: Economy | Tags: american express bank
American Express Co. won Federal Reserve approval to become a commercial bank, gaining access to funds as credit losses build and sales of asset-back[...] read more »
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Managing Mortgage Credit Risk in America

Posted by neophyteblogger 1294 days ago (http://www.findapdf.com)
Category: Economy | Tags: mortgage credit risk
The present mortgage crisis in America has forced us to consider our options to measure and manage mortgage credit risk. Evidently the mortgage risk [...] read more »
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Walgreen Plans Revamp Amid Rising Competition

Posted by neophyteblogger 1305 days ago (http://online.wsj.com)
Category: Economy | Tags: walgreen
Walgreen Co. plans to cut costs, overhaul stores and change the way it fills prescriptions as it shifts gears to respond to rising competition and s[...] read more »
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Asian Bond Risk Rises by Record in October on Earnings Concern

Posted by neophyteblogger 1305 days ago (http://www.bloomberg.com)
Category: Stocks | Tags: asia bonds
The cost of protecting Asia-Pacific bonds from default rose by a record in October on concern slowing economic growth will hurt companies' earnings [...] read more »
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Oil producers’ profits may be at their peak

Posted by neophyteblogger 1305 days ago (http://www.chron.com)
Category: Economy | Tags: exxon profits
Exxon Mobil Corp. is less than $4 billion away from crushing last year’s $40.6 billion record for the largest-ever annual profit at a public company,[...] read more »
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White House Is Said to Want Limits on Loan-Guarantee Proposal

Posted by neophyteblogger 1305 days ago (http://www.bloomberg.com)
Category: Economy | Tags: loan guarantee
The White House and Treasury Secretary Henry Paulson are seeking to scale back a proposal by Federal Deposit Insurance Corp. Chairman Sheila Bair to [...] read more »
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Yen Rises After BOJ Lowers Interest Rates by Less Than Expected

Posted by neophyteblogger 1305 days ago (http://www.bloomberg.com)
Category: Currencies | Tags: japan yen
The yen rose against the dollar after the Bank of Japan lowered interest rates by less than economists had forecast. read more »
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U.S. Economy Shrinks On Lower Spending

Posted by neophyteblogger 1305 days ago (http://www.forbes.com)
Category: Economy | Tags: us credit crunch
The credit crunch has finally shown up on the U.S. economy's bottom line--a drop-off in consumer spending led to a contraction in gross-domestic pro[...] read more »
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FDA ignored evidence when calling BPA safe

Posted by neophyteblogger 1306 days ago (http://www.usatoday.com)
Category: Green | Tags: bpa fda
The Food and Drug Administration ignored evidence when concluding that a chemical in plastic baby bottles is safe, according an expert panel asked to[...] read more »
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Delta-NWA effects to be gradual

Posted by neophyteblogger 1306 days ago (http://www.freep.com)
Category: Economy | Tags: delta-nwa
The company known as Northwest Airlines is gone starting today, but the brand's identity will stick around for at least another year.
Passengers [...] read more »
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Treasury, FDIC Said to Consider Guarantees to Stem Foreclosures

Posted by neophyteblogger 1306 days ago (http://www.bloomberg.com)
Category: Economy | Tags: fdic treasury
The U.S. Treasury and the Federal Deposit Insurance Corp. are considering a program that may offer about $500 billion in guarantees for troubled mort[...] read more »
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Fed Opens Swaps With South Korea, Brazil, Mexico

Posted by neophyteblogger 1306 days ago (http://www.bloomberg.com)
Category: Economy | Tags: brazil federal reserve mexico
The Federal Reserve agreed to provide $30 billion each to the central banks of Brazil, Mexico, South Korea and Singapore, expanding its effort to unf[...] read more »
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Home sales go up as prices go down, report says

Posted by neophyteblogger 1308 days ago (http://www.bizjournals.com)
Category: Real Estate | Tags: home sales us department of commerce
New home sales rose 2.7 percent nationally in September as median home prices dropped to the lowest level in four years, according to a report releas[...] read more »
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