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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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Asia, Europe Leaders Urge More Finance Rules Before Bush Summit

Posted by neophyteblogger 1310 days ago (http://www.bloomberg.com)
Category: Economy | Tags: bush summit
Asian and European leaders called for an overhaul of World War II-era banking rules, lending support to French President Nicolas Sarkozy as he pushes[...] read more »
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IMF Clears Strauss-Kahn of Wrongdoing in Affair With Staffer

Posted by neophyteblogger 1310 days ago (http://www.bloomberg.com)
Category: Funds and ETFs | Tags: imf strauss-kahn
The International Monetary Fund cleared its chief, Dominique Strauss-Kahn, of any wrongdoing in connection with his relationship with a female employ[...] read more »
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Pfizer, Schering, Roche Beat Estimates as Global Sales Rise

Posted by neophyteblogger 1315 days ago (http://www.bloomberg.com)
Category: Economy | Tags: increased revenue pfizer roche
Pfizer Inc. and Schering-Plough Corp. beat analysts' estimates in the third quarter as operations outside the U.S. offset reduced sales of their cho[...] read more »
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National City to cut 4,000 jobs

Posted by neophyteblogger 1315 days ago (http://www.reuters.com)
Category: Economy | Tags: national city job cut
National City Corp, a U.S. Midwest regional bank hard hit by the credit crisis, on Tuesday announced plans to slash 4,000 jobs and said rising reserv[...] read more »
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Kerkorian Cuts Ford Stake, May Exit as $1 Billion Bet Collapses

Posted by neophyteblogger 1315 days ago (http://www.bloomberg.com)
Category: Stocks | Tags: kirk kerkorian tracinda corp
Billionaire Kirk Kerkorian may sell his Ford Motor Co. stake after the $1 billion holding lost two- thirds of its value and put his firm's casino in[...] read more »
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Stock futures lower after previous session's rally

Posted by neophyteblogger 1315 days ago (http://ap.google.com)
Category: Stocks | Tags: us stocks wall street
Wall Street headed for a lower open Tuesday, a day after a big rally, as investors monitored gradually easing credit market conditions while sifting [...] read more »
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Fed Sets Up New Program to Buy Money-Fund Assets

Posted by neophyteblogger 1315 days ago (http://www.bloomberg.com)
Category: Economy | Tags: feds money-fund assets
The Federal Reserve will help finance purchases of up to $600 billion in assets from money- market mutual funds roiled by redemptions from investors [...] read more »
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