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Economy - Economics USA

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dailyreckoning.com

12/01/09 London, England – US personal income rose in October. But it was boosted by government benefits, says David Rosenberg. Take away the free money from the feds and income actually went down.

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AP

Murren said during a short ribbon-cutting ceremony at the Vdara Hotel & Spa that after five years developing the CityCenter complex, it's time to celebrate what more than 10,000 construction workers built and what 12,000 employees will run.

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godlikeproductions.com

Major and semi-major banks are being told to obtain secure storage for new currency-dollars. They expect official devaluation by the end of the year. Heres the thread; a more informative read than the article link http://www.godlikeproductions.com

News Link • Global Reported By Phennommennonn GLP
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youtube

Lecture, economy & effects of government interference. "Presented by Thomas E. Woods, Jr. at the "Economics for High School Students" seminar. (Keynote Speaker FreedomSummit)

News Link • Global Reported By Steve Freedom
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Presidents George W. Bush and Barack Obama signed a combined nearly $1.5 trillion in federal spending in the attempt to correct the nation's economic tailspin, but with unemployment soaring over 10 percent, Congress is gearing up to pass yet another

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NY Times

The nation’s corporations have long been bracing for the day they would be required to carry out sharp cuts in the emissions that cause global warming. That day moved a bit closer when President Obama outlined a national target for such reductions.

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Washington Post

Fannie Mae, the giant mortgage finance company that helps shape lending guidelines, plans next month to raise minimum credit score requirements and limit the amount of overall debt that borrowers can carry relative to their incomes.

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Financial Times

Negative interest rates are back. Yields on short-term US government debt have fallen into negative territory as banks and investors park their cash in havens before the end of the year. Strong demand for US Treasury bills, US government debt with

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Reuters

U.S. consumer spending and housing sales rose more than expected in October while new claims for jobless benefits fell sharply last week, suggesting the economic recovery was gaining traction. An unexpected decline in orders for long-lasting U.S.

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Rawstory

The CEOs of Bear Stearns and Lehman Brothers, the two investment banks that collapsed during last year's financial meltdown, walked away with hundreds of millions of dollars in compensation even as the company's shareholders lost everything, says a n

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