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Tag : economy (504)
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American Express shares tumble as 2Q profit falls
Posted by: ap 4 weeks, 1 day agoNEW YORK (AP) _ In a sign that even wealthier consumers are feeling the pinch of the credit crisis, American Express Co. said its second-quarter ...
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India lawmakers gather to debate confidence vote
Posted by: ap 4 weeks, 1 day agoNEW DELHI (AP) _ India's government faces a too-close-to-call confidence vote Tuesday that could scuttle a landmark nuclear energy accord with the United States ...
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Brass thieves hit hydrants, raising fire concerns
Posted by: Neophile 4 weeks, 1 day agoA fire hydrant is seen in the Somerset Crossing neighborhood of Gainesville, Va., on Friday July 18, 2008. Communities across the country are contending with ...
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Long-distance commuters’ road to nowhere
Posted by: TechnologyExpert 4 weeks, 1 day agoFor Dollie Kinkead, the economic turmoil gripping the country translates into an 80-mile drive each work day from a house she can't sell to ...
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Fannie, Freddie bailout may have $25 billion tag
Posted by: TechnologyExpert 4 weeks, 1 day agoWASHINGTON (Reuters) - Congressional budget analysts on Tuesday put a $25 billion cost estimate on a Bush administration plan to bolster mortgage finance giants Fannie Mae ...
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Is America too big to fail?
Posted by: Neophile 4 weeks, 1 day agoIn the narrative that has governed American commercial life for the last quarter-century, saving companies from their own mistakes was not supposed to be part ...
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Capitol Idea: Time For Economic Relief, Not Stimulus
Posted by: SNance 4 weeks, 1 day agoThe headlines are telling us policymakers are running out of tools to avert further economic slowdown, or outright recession. Policymakers should accept the fact bad ...
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Curb Economic Micro-Management and Bail-Outs by Government, Says Bob Barr
Posted by: populist 4 weeks, 1 day ago"In its desperate attempt to bail out the housing industry and spur business investment, the Federal Reserve appears to have infected the entire economy with ...
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Treasury: Swift support needed for mortgage giants
Posted by: ap 4 weeks, 1 day agoWASHINGTON (AP) _ Treasury Secretary Henry Paulson said Congress needs to quickly approve a support package for Fannie Mae and Freddie Mac to make sure ...
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Wall Street to tumble on disappointing results
Posted by: ap 4 weeks, 1 day agoNEW YORK (AP) _ Wall Street looked to open sharply lower Tuesday after dismal quarterly results from Wachovia Corp. and other blue chips heightened concerns ...
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Indian vote clears way for US nuclear deal
Posted by: ap 4 weeks, 1 day agoNEW DELHI (AP) _ India's government survived a hotly contested confidence vote Tuesday, clearing the way for it to finalize a landmark nuclear energy ...
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Mortgage giant rescue could cost $25 billion
Posted by: ap 4 weeks, 1 day agoWASHINGTON (AP) _ A federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion, Congress' top ...
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Why Does Government Promote Home Ownership?
Posted by: populist 4 weeks, 1 day agoGovernment chiefs seek to maximize the ownership of houses and the lands they sit on. They don’t do this for other assets. Governments do ...
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Bush: Wall Street Got Drunk, Now It's Got a Hangover
Posted by: Neophile 4 weeks, 1 day agoThe Houston Chronicle has posted some video by the local ABC affiliate down there from inside a fundraiser President Bush attended there last week. Apparently ...
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Give Retirees Emergency Social Security Boost, Advocates Tell Congress
Posted by: SNance 4 weeks, 1 day agoLawmakers should enact an emergency Social Security cost-of-living adjustment (COLA) to protect retirees against the economic downturn, according to an organization that advocates for retirees.
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