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June 30, 2009 |
States brace for shutdowns
Los Angeles Times
Time is running out for the legislatures in Arizona, California, Indiana, Mississippi and Pennsylvania to solve budget gaps. |
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June 30, 2009 |
Obama's Plan to Change U.S. Health Care System Will Cost Nearly Two TRILLON Dollars
Miscellaneous
Health care reform is finally on the table, but there’s little agreement about the cure for the current system. |
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June 29, 2009 |
Central banks seek rankings for financial products
Reuters
Financial products should be treated like medicines and sold to consumers only when they are certified safe to prevent a repeat of last year's financial... |
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June 29, 2009 |
BIS Sees Risk Central Banks Will Raise Interest Rates Too Late
Bloomberg
The Bank for International Settlements said there’s a risk central banks will raise interest rates and withdraw emergency liquidity too late, triggering inflation. |
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June 28, 2009 |
China's banks are an accident waiting to happen to every one of us
Telegraph (UK)
A growing number of experts are casting doubt on China's ability to pull the global economy from recession |
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June 27, 2009 |
Dollar Falls Most in Month as China Urges New Reserve Currency
Bloomberg
The dollar declined the most against the euro in a month and dropped versus the yen after China repeated its call for a new global currency. |
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June 25, 2009 |
State shutdowns loom as deadlines near
CNNMoney
At least 19 states still have to approve their fiscal 2010 budgets before next Tuesday. If they don't, staffers might not be paid and services might shut down. |
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June 24, 2009 |
Fears of big bank problems return
CNNMoney
A key market measure of credit risk is deteriorating again, as investors fret over the side effects of giant federal bailouts for the nation's largest banks. |
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June 24, 2009 |
Record lending to eurozone banks
BBC (UK)
The European Central Bank (ECB) has lent a record amount to eurozone banks hit by the financial crisis. |
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June 24, 2009 |
New home sales fall unexpectedly
CNNMoney
Sales ticked down 0.6% last month, down 32.8% from last year. |
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