Debt and data suggest more losses (Reuters)
Reuters - Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.
Reuters - German Finance Minister Wolfgang Schaeuble denied on Saturday that this month's Greek bailout deal paves the way for a future 'transfer union' in which euro zone countries are liable for each others' debts.
AFP - European Union states who fail to respect the agreed rules on their deficit should have their EU subsidies frozen, Germany's finance minister said in an interview to be published Sunday.
Posted: 30 Jul 2011 02:02 PM PDT
Reuters - Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.Posted: 30 Jul 2011 08:18 AM PDT
Reuters - A downgrade of sovereign debt would not necessarily have a big impact on financial markets, billionaire investor Wilbur Ross said.
Posted: 30 Jul 2011 09:35 AM PDT
Reuters - German Finance Minister Wolfgang Schaeuble denied on Saturday that this month's Greek bailout deal paves the way for a future 'transfer union' in which euro zone countries are liable for each others' debts.Posted: 29 Jul 2011 03:30 PM PDT
AP - How different parts of the economy fared
Posted: 30 Jul 2011 11:35 AM PDT
AFP - European Union states who fail to respect the agreed rules on their deficit should have their EU subsidies frozen, Germany's finance minister said in an interview to be published Sunday.Posted: 30 Jul 2011 04:39 PM PDT
Reuters - An explosion ripped through Mexico's second-largest oil refinery on Saturday, causing a massive fire and killing two workers, though production was not affected, state oil monopoly Pemex said.
Posted: 30 Jul 2011 04:21 PM PDT
ContributorNetwork - Ohio Department of Rehabilitation and Corrections Director Gary Mohr has been very busy saving taxpayer money this summer. While the outlook is not entirely sunny, it is far less bleak than what it was a year ago. The economic downturn which has impacted the private sector is also causing problems in the public sector. Cutting jobs is never a pleasant option, but you have to look beyond the statistics to get a clear view of the entire scenario. Fiscally responsible practices at Ohio's prison enacted by Mohr save taxpayers more than $20 million.
Posted: 30 Jul 2011 05:06 PM PDT
ContributorNetwork - President Barack Obama announced Friday an agreement with 13 major automakers, which account for over 90 percent of all vehicles sold in the U.S., to begin the next phase of the Obama administration's national vehicle program. Ultimately the agreement will increase the current fuel economy for cars and light-duty trucks to achieve more efficient vehicles.
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