Stocks stymied without a debt deal (Reuters)
AP - The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a credit rating agency threatens to take away the country's coveted triple-A status.
![Job-seekers listen to a career counselor at a job-seeking event in Los Angeles. Insisting he is]()
AFP - Insisting he is "willing to compromise," President Barack Obama called on US lawmakers Saturday to quickly forge a deal that would avert an early August debt default by the world's richest nation.
AFP - German chancellor Angela Merkel called Sunday for the creation of a European ratings agency, on the back of recent discontent over the downgrading of some EU economies.
AFP - The elegant streets of Sydney's Paddington are where the city's rich and fashionable gather to shop, dine and socialise. But despite Australia's unprecedented economic boom, business has never been so bad.
Posted: 17 Jul 2011 07:54 AM PDT
Reuters - Stocks will be hard pressed to turn the tide of recent selling this week as political jousting over raising the United States' debt ceiling intensifies.
Posted: 17 Jul 2011 04:01 PM PDT
Reuters - Treasury bonds could soon lose the privilege of being the only debt securities in the world whose value actually rises on the threat of a ratings downgrade.
Posted: 17 Jul 2011 08:58 AM PDT
Reuters - The credit ratings agencies are again angering governments, but this time they are taking on the big fish of the world economy.
Posted: 17 Jul 2011 04:18 PM PDT
Reuters - German Chancellor Angela Merkel called on Sunday for private investors to make a major contribution to bailing out Greece, as pressure rose for radical action to cut the country's debt burden.
Posted: 17 Jul 2011 05:08 PM PDT
Reuters - Allegations of fraud and accounting irregularities at Chinese companies are likely to continue for at least the near term and the accusations may hamper the firms' access to funds regardless of the claims' merit, Fitch Ratings said.
Posted: 14 Jul 2011 02:19 PM PDT
AP - The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a credit rating agency threatens to take away the country's coveted triple-A status.Posted: 16 Jul 2011 04:24 PM PDT
Posted: 17 Jul 2011 11:09 AM PDT
AFP - German chancellor Angela Merkel called Sunday for the creation of a European ratings agency, on the back of recent discontent over the downgrading of some EU economies.Posted: 17 Jul 2011 04:32 PM PDT
Reuters - President Barack Obama on Sunday chose former Ohio Attorney General Richard Cordray to head the new agency charged with protecting U.S. consumers from abusive mortgage lending practices and hidden credit card fees.
Posted: 16 Jul 2011 10:53 PM PDT
AFP - The elegant streets of Sydney's Paddington are where the city's rich and fashionable gather to shop, dine and socialise. But despite Australia's unprecedented economic boom, business has never been so bad.Posted: 16 Jul 2011 11:24 PM PDT
AP - International rights groups on Sunday called on the United Arab Emirates to release from custody five political activists who have campaigned for democratic reforms in the oil-rich Gulf country.
No comments:
Post a Comment