Contents Pages by Subject

Economy - Economics USA

Subject Photo
Article Image

AP

American Express Co. is seeking $3.5 billion in funds under the government's plan to directly invest in financial firms, according to a Wednesday report in The Wall Street Journal citing unnamed sources.

Article Image

AP

An increasingly despondent Wall Street fell for the third straight session as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industri

Article Image

Townhall

It's exciting that the world is so excited about Barack Obama. I'm excited, too. That he achieved the presidency says something good about America. But the excitement also frightens me. It reinforces the worst impulse of the media and politic

Article Image

Daily Kos

Every once in a while in the world of economics an economic indicator will suddenly go crazy. One day the charts all look normal and easy to understand. The next day it suddenly launches into an entirely different world. What a massive swing in the i

Article Image

Reuters

Chip giant Intel Corp cut its fourth-quarter revenue forecast by about 14% citing weak demand across the world and in all its products, indicating the economic crisis is set to hurt computer sales in the holiday season and beyond. The shock warning h

Article Image

Reuters.com

The economy faces a slump deeper than the Great Depression and a growing deficit threatens the credit of the United States itself, former Goldman Sachs chairman John Whitehead, said at the Reuters Global Finance Summit on Wednesday.

News Link • Global Reported By
Article Image

Market-Ticker.denninger.net

We are likely to see a "relief rally" somewhere here into the end of the year, then a grueling 2-year+ crash much as happened in 1930-32, culminating with somewhere between a 75 and 90% loss in the major indices, essentially destroying...

News Link • Global Reported By
Article Image

BailoutSleuths

Although the price tag on the Treasury Department's Troubled Asset Relief Program is $700 billion, the full amount that the government has invested in its rescue effort for struggling financial institutions appears to be closer to $2.5 trillion.

Article Image

Bloomberg.com

Markets have yet to ``bottom'' while bond markets will be ``terrible'' for the next decade, Rogers, chairman of Singapore- based Rogers Holdings, said at a conference in Seoul today. Economic ``problems'' may persist until 201

News Link • Global Reported By
Article Image

CalculatedRisk.blogspot.com

The crisis contributed to pushing up cancellations and drove homebuyer confidence and the company's traffic and demand to record lows, the CEO said, pointing to "accelerating fears of job losses, a large decline in consumer spending, a signi

News Link • Global Reported By
Article Image

CalculatedRisk.blogspot.com

Ailing mall owner General Growth has $900 million in debt coming due Nov. 28 on two luxury malls on the Las Vegas strip. It has another $58 million in bonds due on Dec. 1.

News Link • Global Reported By
Article Image

Reuters.com

Downey Financial Corp (DSL.N: Quote, Profile, Research, Stock Buzz), one of the largest specialists in "option" adjustable-rate mortgages, said on Monday its survival was in doubt because it may fail to raise enough capital to satisfy its r

News Link • Global Reported By
Article Image

Market-Ticker.denninger.net

If the plates fall we are going to have a very serious "event" in this country in the markets and in the economy - much worse than what we've seen to date. As in 10 million jobs lost almost all at once. A depression. A new leg down i

News Link • Global Reported By
Article Image

MrMortgage.ml-implode.com

One of my primary arguments that the foreclosure crisis has a long way to go has to do with to the massive amount of negative equity in the hardest hit, most populated ‘bubble states’. The very states that added so much to the great wealth effect.

News Link • Global Reported By
Article Image

news.Yahoo.com

GM also said that Delphi Corp., its former parts operation that was spun off as a separate company in 1999, may not be able to emerge from Chapter 11 bankruptcy protection.

News Link • Global Reported By
www.universityofreason.com/a/29887/KWADzukm