Asian shares retreat as bank plan euphoria fades Posted on March 25th
TOKYO (Reuters) - Asian shares retreated from two-month highs on Wednesday as investors paused to assess whether a U.S. plan to deal with banks' toxic debt would revive the financial system and help pull the economy out of recession.Read moreUS wants power to seize insurers
US Treasury Secretary Timothy Geithner has called for the government to be given the power to take control of struggling ... Continue
March 24th / 0 comments
Carnival earnings gain 10 percent in fiscal 1Q (AP)
NEW YORK – Cruise operator Carnival says its profit rose 10 percent in its fiscal first quarter, far exceeding Wall ... Continue
March 24th / 0 comments
Obama to explain economic moves in news conference (Reuters)
WASHINGTON (Reuters) – Facing anger over corporate bonuses and skepticism about his massive budget, President Barack Obama holds a news ... Continue
March 24th / 0 comments
Wall Street soars 7 percent on bank plan debut (Reuters)
NEW YORK (Reuters) – Stocks surged around 7 percent on Monday after the Obama administration detailed a plan to purge ... Continue
March 23rd / 0 comments
Treasury Unveils Details of Plan to Relieve Banks of Toxic Assets
The Treasury Department will pour money into private investment funds that bid against each other to buy troubled assets from ... Continue
March 23rd / 0 comments
As Cuts Loom, Will Working From Home Lead to Layoff?
With the recession forcing businesses to cut back on workers, employees are increasingly doing all they can to hang onto ... Continue
March 23rd / 0 comments
Shares tipped for negative start
THE share market is expected to open lower tomorrow with investors awaiting details of the US government's latest effort to ... Continue
March 22nd / 0 comments
First home buyers face sub-prime danger
AUSTRALIA is facing its own version of the US sub-prime housing crisis, with thousands of young homeowners risking bankruptcy as ... Continue
March 22nd / 0 comments
Zoellick slams ’sugar high’ stimulus plans
WASHINGTON (CNN) -- The global economy will shrink up to 2 percent, and rapidly approved stimulus plans worldwide could ... Continue
March 22nd / 0 comments
S&P 500 Weekly Winners And Losers
S&P gains ground for the second straight week. Read more Continue
March 21st / 0 comments
West Philly Tool Library marks first anniversary
In the midst of rebuilding her bathroom, Jimmi Badger was ready to lay tile, but she needed more tools: a ... Continue
March 21st / 0 comments
Web sites an outlet to vent foreclosure stress
LOS ANGELES - Searching for more than advice to navigate the foreclosure process, delinquent homeowners are seeking solace in online ... Continue
March 21st / 0 comments
‘Never be another Jared’ under new FTC rules
Consumers lured by advertisements promising rock-hard abs, sparkling white teeth and bulging bank accounts soon may get a reality check. Updated ... Continue
March 20th / 0 comments
Car Slump: Sector Suffers 60% Dive In Output
11:21am UK, Friday March 20, 2009 Car production in February fell 60% against the previous year as the recession continued to ... Continue
March 20th / 0 comments
MPs urged to act now on fuel poverty
MP’s are being urged to stay in the House of Commons tomorrow and vote in favour of a new law ... Continue
March 20th / 0 comments
IMF: economic slump to engulf the globe
More aggressive, concerted efforts are needed by key economies to quell financial market stresses if the world is to avoid ... Continue
March 19th / 0 comments
Stock futures signal Wall Street gains on oil
NEW YORK (Reuters) - Stock futures signaled Wall Street would rise at the open on Thursday as rising oil prices ... Continue
March 19th / 0 comments
Fed pumps $1.2tn into US economy
The US Federal Reserve says it will buy almost $1.2 trillion (£843bn) worth of debt to help boost lending and ... Continue
March 19th / 0 comments
