Economy News
Articles 141 - 150 of most recent articles
Amid worries, Cuba to mark 50 years of revolutionReuters - Against a backdrop of economic gloom and the frail health of former leader Fidel Castro, Cuba will mark on Thursday the 50th anniversary of the revolution that turned the island into a communist state and Cold War hot spot at the doorstep of the United States.
Yahoo! – Dec 31, 2008 1:26 PM [GMT] – comment?
Singapore's 2008 growth slumps to 1.5 pct, PM says
AP - Singapore's economic growth slumped to 1.5 percent in 2008, its slowest pace in seven years, as a severe global downturn hurt tourism and demand for the city-state's exports, Prime Minister Lee Hsien Loong said Wednesday.
Yahoo! – Dec 31, 2008 11:05 AM [GMT] – comment?
AP - Singapore's economic growth slumped to 1.5 percent in 2008, its slowest pace in seven years, as a severe global downturn hurt tourism and demand for the city-state's exports, Prime Minister Lee Hsien Loong said Wednesday.
Yahoo! – Dec 31, 2008 11:05 AM [GMT] – comment?
The Economy, Not Off Life-Support Yet
Over the past year, the government has sent $100 billion in stimulus checks to taxpayers and bailed out Wall Street, banks and automakers. However, the economy still hasn't turned around. David Wessel, economics editor of The Wall Street Journal, talks with Steve Inskeep about why the economy i ... more »
NPR.org – Dec 31, 2008 10:20 AM [GMT] – comment?
Over the past year, the government has sent $100 billion in stimulus checks to taxpayers and bailed out Wall Street, banks and automakers. However, the economy still hasn't turned around. David Wessel, economics editor of The Wall Street Journal, talks with Steve Inskeep about why the economy i ... more »
NPR.org – Dec 31, 2008 10:20 AM [GMT] – comment?
GMAC Made Risky Subprime Mortgage Loans
GMAC is the most recent beneficiary of a government bailout. GMAC is the the financing arm of General Motors. It supplies funding for auto dealers to buy inventory and credit for consumers buying cars. It is also a major player in the home mortgage market.
NPR.org – Dec 31, 2008 10:20 AM [GMT] – comment?
GMAC is the most recent beneficiary of a government bailout. GMAC is the the financing arm of General Motors. It supplies funding for auto dealers to buy inventory and credit for consumers buying cars. It is also a major player in the home mortgage market.
NPR.org – Dec 31, 2008 10:20 AM [GMT] – comment?
John Paulson looking to buy distressed debt: reportReuters - John Paulson, who runs the $36 billion hedge fund firm Paulson & Co, is looking to buy distressed mortgages and distressed debt, despite being bearish on the overall economy, Bloomberg reported.
Yahoo! – Dec 31, 2008 10:03 AM [GMT] – comment?
More economic pain seen in 2009Reuters - Investors said good riddance on Wednesday to one of the worst years on record and prayed that massive government rescue plans will pull the global economy out of its fierce tailspin later in the new year.
Yahoo! – Dec 31, 2008 09:06 AM [GMT] – comment?
AIG seeks easing of rules on disposals: reportReuters - American International Group , is prepared to ask the U.S. Federal Reserve to relax rules on its $60 billion-plus disposals program to allow bidders to use a greater proportion of shares to pay for its assets, the Financial Times said.
Yahoo! – Dec 31, 2008 08:59 AM [GMT] – comment?
Unexpected twists make 2008 an epochal year
The Christian Science Monitor - Here's the way the world looked last January: Hillary Rodham Clinton was a lock to win the Democratic nomination for president, and probably the election, too. The economy wasn't great, but it wasn't awful, either – many experts thought we'd ... more »
Yahoo! – Dec 31, 2008 08:00 AM [GMT] – comment?
The Christian Science Monitor - Here's the way the world looked last January: Hillary Rodham Clinton was a lock to win the Democratic nomination for president, and probably the election, too. The economy wasn't great, but it wasn't awful, either – many experts thought we'd ... more »
Yahoo! – Dec 31, 2008 08:00 AM [GMT] – comment?
Treasury keeps car loans flowing with $6 billion rescue of GMAC
The Christian Science Monitor - The US Treasury has expanded its economic stabilization efforts by making a $6 billion rescue of GMAC, the big issuer of car loans.
Yahoo! – Dec 31, 2008 08:00 AM [GMT] – comment?
The Christian Science Monitor - The US Treasury has expanded its economic stabilization efforts by making a $6 billion rescue of GMAC, the big issuer of car loans.
Yahoo! – Dec 31, 2008 08:00 AM [GMT] – comment?
Kevin Bacon, economist latest hurt in Madoff scheme: reportsReuters - A prominent Wall Street economist, Hollywood actor Kevin Bacon and his wife are the latest people to have lost money on investments connected to accused swindler Bernard Madoff, according to media reports.
Yahoo! – Dec 31, 2008 06:06 AM [GMT] – comment?
