Greenspan Says U.S. Recession May Be Deeper Than Last

February 26th, 2008

Former Federal Reserve Chairman Alan Greenspan said a possible recession in the U.S. this year may be deeper than the last two contractions.
[…]

Filed under: economics, term by John
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EU Draft Says `Abrupt Shift

February 22nd, 2008

An “abrupt shift'' by state investment funds into euro-denominated assets could fuel gains in the currency, according to a draft European Commission paper.
“While […]

Filed under: legal by John
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MBIA chief steps down, former CEO returns

February 21st, 2008

Bond insurer MBIA Inc. said Tuesday that Chairman and Chief Executive Gary Dunton has resigned and that former CEO Joseph "Jay" Brown was returning […]

Filed under: business by John
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Bernanke Turns Notes Into Losers as Refinancing Rises

February 20th, 2008

The more Federal Reserve Chairman Ben S. Bernanke cuts interest rates, the less appealing 10-year Treasuries become to investors like Doug Dachille, chief executive […]

Filed under: legal, money by John
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Home prices in steepest quarterly drop

February 17th, 2008

Home prices continued their plunge during the last three months of 2007, setting a real estate trade group’s record for the biggest-ever quarterly drop. […]

Filed under: economics, money by John
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China Passes Canada to Become Largest Source of U.S. Imports

February 15th, 2008

China passed Canada to become the largest source of products shipped into the U.S. last year, capping a six-year period when its exports to […]

Filed under: business by John
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G-7 Growth Warning May Prompt Rate Cuts, Lower Taxes

February 12th, 2008

Group of Seven officials, warning of further financial-market turmoil, indicated they will be forced into more interest-rate cuts and tax reductions to shore up […]

Filed under: management by John
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ECB

February 9th, 2008

European Central Bank President Jean- Claude Trichet said there's no end to financial-market turmoil in sight and policy makers will continue to take “appropriate […]

Filed under: money by John
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London Luxury-Home Prices Rise at Fastest Pace in Four Months

February 5th, 2008

Luxury-home prices in London rose at the fastest rate in four months as international buyers and a growing number of Britons paid more than […]

Filed under: management by John
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Lenovo

February 1st, 2008

Lenovo Group, the world’s No. 4 personal computer maker, said Thursday that profit in its third fiscal quarter rose 198% and forecast strong sales […]

Filed under: news, online by John
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