Archive for the ‘Economic News’ Category

Wednesday, December 7th, 2011
 
Heroic Ireland can do no more; it’s up to Europe now
 
Bank of France debts jump ten-fold on capital flight
 
Fiskalunion is the worst of all worlds for Europe
 
S&P threat of rating cuts may hit eurozone rescue
 
Super Rich Vs. 99%: Class war will explode
 
Citigroup to Lay Off 4,500 Workers
 
China?s Stocks Decline, Extending Fourth Weekly Loss, on Property Concerns
 
Euro program at IMF could spread rescue risk worldwide
 
Cost of federal unemployment benefits so far: $434 billion
 
Secrets of the bailout, now told
 
Apocalyptic Warnings
 
Unemployment Rate Dips to 8.6% as 487,000 Drop Out of Labor Force
 
A Trusted Market Predictor Falters
 
Fed lays a trap for itself with bank stress tests
 
Pouring Good Money After Bad
 
For the jobless, little hope of better days
 
Killing The Euro
 
Fed saves Europe’s banks, while ECB stands pat
 
Britain has entered second credit crunch
 
Fed action falls far short of solving Europe’s problems
 
U.S. Jobless Claims Unexpectedly Rise
 
US banks stress tests aren’t stressful enough
 
Central bank intervention won’t hold up long term
 
S&P may cut France rating outlook

 

Friday, September 23rd, 2011

Fear gauge enters the red zone
U.S. Consumer Confidence Falls to Lowest Since June ?09
Global economy alarm bells ring
B of E and Fed stimulus gets lukewarm response from markets
Moody’s Downgrades Credit Ratings of Three Large Banks
Sovereign-Debt Risks Surge to Records in Europe on Fed?s Economic Forecast
423,000 New Unemployment Claims Last Week
Bad policy decisions could push the US into a ‘lost decade’ and put the eurozone into recession
In the US, two housing markets and two directions
A rough 10 years for the middle class
Global stock markets braced for further turmoil after S&P downgrades Italy
US home builder outlook worsens in September
Worry About a New Wave of Layoffs
Fear gauge enters the red zone
U.S. Consumer Confidence Falls to Lowest Since June ?09
Global economy alarm bells ring
B of E and Fed stimulus gets lukewarm response from markets
Moody’s Downgrades Credit Ratings of Three Large Banks
Sovereign-Debt Risks Surge to Records in Europe on Fed?s Economic Forecast
423,000 New Unemployment Claims Last Week
Bad policy decisions could push the US into a ‘lost decade’ and put the eurozone into recession
In the US, two housing markets and two directions
A rough 10 years for the middle class
Global stock markets braced for further turmoil after S&P downgrades Italy
US home builder outlook worsens in September
Worry About a New Wave of Layoffs
Can China escape as world’s debt crisis reaches Act III?
Europe default risk signal flashing red
The bleeding cure
Crude Drops as Oil-Demand Growth Is Slowing
Gordon Brown fears euro crisis worse than Lehman as 1930s beckon
Meetings on European Debt Crisis End in Debate, but Little Progress
Suddenly, over there is over here
US housing rut to continue, economists say
Advice on Debt? Europe Suggests U.S. Can Keep It
Bloomberg: Jobs crisis could spark riots here
China risks hard landing as global woes spread
Can China escape as world’s debt crisis reaches Act III?
Europe default risk signal flashing red
The bleeding cure
Crude Drops as Oil-Demand Growth Is Slowing
Gordon Brown fears euro crisis worse than Lehman as 1930s beckon
Meetings on European Debt Crisis End in Debate, but Little Progress
Suddenly, over there is over here
US housing rut to continue, economists say
Advice on Debt? Europe Suggests U.S. Can Keep It
Bloomberg: Jobs crisis could spark riots here
China risks hard landing as global woes spread

Wednesday, August 17th, 2011

Merkel, Sarkozy propose eurozone government
EMU crisis deepens as slump reaches Europe’s AAA core
On Economy, Raw Data Gets a Grain of Salt
Germany’s Angela Merkel faces eurobond mutiny
Collapse in German growth will add to euro rebellion
Housing Starts Fell in July on Weak Construction
China?s Economy Slowing
Global debt crisis: Markets enter ‘new danger zone’
Geithner, Bernanke have little in arsenal to fight new crisis
Ending the moral rot on Wall Street
New York Area Factories Shrink for Third Consecutive Month
The Hyperinflationists Got It Wrong… Again
ECB is Euroland’s last hope as bail out machinery fails to resolve crisis
Who is to blame if shares continue steep declines
Aftershock to Economy Has a Precedent That Holds Lessons
Bond Brush Fires Spreading in Europe
Conventional Fed Wisdom, Defied
This time, US fears a financial crisis from abroad
Banning short-selling is shooting the messenger
Retail Sales in U.S. Climb by Most in Four Months
US consumer confidence plunges

Thursday, August 11th, 2011

Uncertainty and indecision threaten Bank of America and global markets
Is there enough money to save the world’s banks?
Gilt yields are signalling a depression
Bailouts chip away at France and Germany, too
Strapped Americans try to stretch car dollars
Central Bank Props up Spain and Italy, for now
Sarkozy pledges austerity as French bank shares crash
Austerity Plan Might Not Work for Spain and Italy
S&P Cuts AAA Ratings on Thousands of Municipal Bonds After U.S. Downgrade
Market rout drives global economy to precipice
Housing recovery slips out of sight
The world runs out of options
Greenspan sees stocks falling after S&P downgrade
Second Recession in U.S. Could Be Worse Than First
European Central Bank must go nuclear to save Europe
S.& P. Downgrades U.S. Long-Term Debt
Wall Street’s tax on main street
Amid Criticism on Downgrade of US, S&P Fires Back
That 1937 feeling all over again
The Real Reason The Debt Ceiling Fight Was Horrible News For Markets
Rudderless eurozone on course for disaster
Are we on the verge of a ‘Lehman Bros. on Steroids Drama’?
The ECB throws Italy and Spain to the wolves
U.S. Consumer Confidence Drops to Minus 47.6

Friday, July 29th, 2011

Global slump warnings if US triggers ‘insane’ default
Economy grinds to halt as consumers pull back
Spain Placed on Downgrade Review by Moody?s
Hurtling toward economic chaos
Italian, Spanish Bonds Slump on Concern European Aid May Not Be Sufficient
Home Sales Contracts Rise, But Cancellations Run High
New Jobless Claims Fell to 388,000 last week
Flee to Mars if America commits worst error since 1931
How a U.S. Debt Downgrade May Affect Consumers
Stocks, Commodities Fall on Durable Goods Decrease, Debt Ceiling
Lessons from the malaise
Home prices dip 4.5%
Where’s the volume? Stock trading quiet in July
Moody’s downgrades Greece again
Jobless rates jump in 28 states in June
What next for house prices?
Let us hope that the US realises quite what a mess it?s in
Europe’s ideologues took the whole world to the brink of disaster

Saturday, July 23rd, 2011

China’s spectacular real estate bubble is about to go pop
Banks still want a waiver
Curse Those Who Gave Us Bank of America
The lesser depression
$14 Trillion in Debt, But Who Owns All That Money?

Monday, July 18th, 2011

Markets braced for falls as EU argues over Greek bailout
Letting bankers walk
Bank share slide hits markets as eurozone worries continue
Germany says Greek debt hit ‘unavoidable?
We’re spent
We should have listened to Zhu Min years ago ? don?t ignore him now
As a Watchdog Starves, Wall Street Is Tossed a Bone
European banks set for ‘chaos Monday’ after nine fail
Indebted Nations Must Cut to Thwart Crisis
2nd Loans, 2nd Wave of Losses

Wednesday, July 13th, 2011

Italy money supply plunge flashes red warning signals

Twenty percent drop in housing to cause recession in 2012

Irish bonds cut to junk status on bail-out worries

Europe steps back from the abyss, for a day

Pessimism deepens as economic concerns rise

German ‘Nein’ leaves Italy and Spain in turmoil

Plunge Brings Europe Debt Crisis to Italy

U.S. Trade Deficit Unexpectedly Surges on Oil

Europe considers Greek default, leaders to meet

Taken to Task: Jamie Dimon’s house of ill repute

Monday, July 11th, 2011

Italy and Spain must pray for a miracle
Economy faces a jolt, as benefit checks run out
As accord with the banks nears, questions swirl about extent of government probe
No we can’t? Or won’t?
Italy debt contagion fears hit markets
Euro bailout package for Italy must be doubled
Somehow, the Unemployed Became Invisible
The West is in for a rude awakening after years of abusing ‘risk-free’ debt
High Street rocked by huge rise in profit warnings
Sheila Bair’s bank shot
As Wall Street policies itself, prosecutors use a softer approach
Wages fall in sagging jobs market
How bad is it? Pawn shops, payday lenders are hot

Friday, July 8th, 2011
ECB tightens noose on Southern Europe
 
DISMAL JOBS REPORT
 
U.S. Earnings Set for Smallest Gains in 2 Years
 
Italian Yields Reach Nine-Year High as Debt Crisis Spreads
 
Europe declares war on rating agencies
 
Consumer delinquencies tick up in first quarter
 
Housing prices: No rebound in sight
 
VIDEO: U.S. Debt, Default & Beyond: Financial Armageddon Is Inevitable
 
Lehman Borrowed $18B From Secret Fed Program
 
Building Boom in China Stirs Fears of Debt Overload
 
Job Gains in Private Sector Are Illusory for U.S
 
China has raised interest rates for the third time this year