News For Category: economy | 09.04.2010 |
- UPDATE - Taxpayers likely to face initial loss on GM IPO-sources
- [at Reuters] - * Treasury to sell first shares below break-even-sources * 61 pct Treasury sale could take several years-sources * Taxpayer break-even is around $70 bln GM market value
- Obama wants to boost economy - just don t call it stimulus
- [CNNMoney.com] - President Obama is pledging to propose a new package of job-boosting ideas next week -- just don t call it stimulus.
- Blunt, Carnahan differ on stimulus, bank bailout
- [AP] - Republican Rep. Roy Blunt campaigns for Senate in a blue RV plastered with the message: The choice is clear. Roy will fight for jobs.
- Dividends are trumps in a game of poor rates
- [at Financial Times] - In his memoir, Tony Blair claims that it was his idea to give the Bank of England power over interest rates, that he was never kept out of the economic policy space , and that it was not until very late on that he really yielded control of economic policy .
- Federal Housing Stimulus: How Much More?
- [CNBC] - New reports are rolling around Wall Street and Washington today that the Obama Administration is considering yet another economic stimulus package; this round would be for small businesses.
- White House looking for stimulus: official
- [at MarketWatch] - The Obama administration is looking for stimulus measures that are effective, said Alan Krueger, the Treasury s assistant secretary for economic policy on Friday. The President has asked his economic team to review measures that are targeted and responsible, Krueger told reporters.
- UPDATE - Fed bond buying not big policy shift-Lockhart
- [at Reuters] - The Federal Reserve s decision to begin buying Treasuries again was a precautionary step, not the opening salvo in a new policy course, Atlanta Fed President Dennis Lockhart said on Friday.
- Al Lewis: A CEO Fights Feds, But Feds Don t Fight Fair
- [at Fox Business] - Todd Hornbeck beat the Obama Administration once again on Wednesday, and yet he is still losing.
- Economic Report: Services growth slows in August, ISM says
- [at MarketWatch] - Growth slowed in the U.S. non-manufacturing sector in August, hitting 51.5%, compared with 54.3% in July, the Institute for Supply Management reports.
- Fed s Lockhart sees slowdown as temporary
- [at MarketWatch] - There has been too much alarmist discussion of recent economic indicators and the outlook is not as pessimistic as some have suggested, said Dennis Lockhart, the president of the Atlanta Federal Reserve Bank on Friday.
- Fed s Evans says financial reform will not be easy
- [at Reuters] - Overhauling the U.S. financial system after the worst crisis since the 1930s will not be easy, but it is critical, Federal Reserve Bank of Chicago President Charles Evans said on Friday.
- US RATE FUTURES-UPDATE - Traders betting on Sept 2011 Fed hike
- [at Reuters] - U.S. short-term interest rate futures traders raised expectations of a Federal Reserve rate hike next year, after a government report showed the economy lost fewer jobs in August than expected.
- Economic Report: Smaller-than-feared 54,000 Aug. nonfarm jobs lost
- [at MarketWatch] - The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the health care and temporary staffing industries expanded.
- Economic Report: U.S. economy sheds 54,000 nonfarm jobs in Aug.
- [at MarketWatch] - The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the private sector created employment.
- US Treasury mulls over foreign investors in GM IPO-WSJ
- [at Reuters] - The U.S. Treasury is concerned about how many foreign investors it should allow to buy big stakes in General Motors Co s proposed initial public offering, the Wall Street Journal said.
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