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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 more

US 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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
March 22nd / 0 comments

S&P 500 Weekly Winners And Losers

S&P gains ground for the second straight week. Read more Continue linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
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 linkarrow
March 19th / 0 comments