Friday, May 08, 2009
Breaking News Fri., May 8, 2009
White House Military Affairs Director Resigns in Wake of Air Force One
Flyover [4:12 p.m. ET]
Breaking News: Pace of layoffs slowed in April
WASHINGTON (AP) - The pace of layoffs slowed in April when employers
cut 539,000 jobs, the fewest in six months. But the unemployment rate
climbed to 8.9%, the highest since late 1983, as many businesses
remained wary of hiring given all the economic uncertainties.
Breaking News Fri., May 8, 2009
Employers Shed 539,000 Jobs in April; Unemployment Rate Jumps to 8.9
Percent [8:33 a.m. ET]
Thursday, May 07, 2009
Stress test results: 10 of 19 banks need to raise $74.6 billion in capital, U.S. says. Bank of America at top of list - $34 billion.
Stress test results: 10 of 19 banks need to raise $74.6 billion in
capital, U.S. says. Bank of America at top of list - $34 billion.
Obama proposes slashing 121 federal programs and $17 billion in 2010 - 'a lot of money even by Washington standards,' he says.
Obama proposes slashing 121 federal programs and $17 billion in 2010 -
'a lot of money even by Washington standards,' he says.
Number of people filing first-time unemployment claims fell 34,000 last week to 601,000, U.S. says. Continuing claims at record.
Number of people filing first-time unemployment claims fell 34,000
last week to 601,000, U.S. says. Continuing claims at record.
Wednesday, May 06, 2009
'Stress test' banks will have 1 month to give plans for raising capital and showing that managers have 'sufficient expertise' - U.S.
'Stress test' banks will have 1 month to give plans for raising
capital and showing that managers have 'sufficient expertise' - U.S.
Stress-test results show J.P. Morgan, AmEx do not need to raise additional capital: report
Stress-test results show J.P. Morgan, AmEx do not need to raise
additional capital: report
5/6/2009 1:55:07 PM EDT
Breaking News Wed., May 6, 2009
Maine Becomes Fifth State to Allow Gay Marriage [12:52 p.m. ET]
Planned job cuts fell 12% in April, third consecutive decline and lowest number since October, outplacement firm Challenger says.
Planned job cuts fell 12% in April, third consecutive decline and
lowest number since October, outplacement firm Challenger says.
Private-sector jobs fell 491,000 in April - many fewer losses than expected - says payroll-processing firm ADP.
Private-sector jobs fell 491,000 in April - many fewer losses than
expected - says payroll-processing firm ADP.
Tuesday, May 05, 2009
Breaking News Tue., May 5, 2009
First American With Swine Flu Dies [4:45 p.m. ET]
Breaking News Tue., May 5, 2009
Schools No Longer Need to Close Because of Swine Flu, Says CDC [1:55 p.m. ET]
Australia holds policy interest rate steady, as expected
Australia holds policy interest rate steady, as expected
5/5/2009 12:33:10 AM EDT
Bernanke: Economy to rebound later this year, but growth will be slow and more job losses are likely.
Bernanke: Economy to rebound later this year, but growth will be slow
and more job losses are likely.
Fed chief Bernanke sees economic rebound on tap
Fed chief Bernanke sees economic rebound on tap
The U.S. economy is bottoming out and is likely to turn upward later
this year, Federal Reserve Board Chairman Ben Bernanke says.
WHITE HOUSE WON'T SEEK MORE FUNDS FOR BANKS
The Obama administration doesn't need to ask lawmakers on Capitol Hill
for more funds to bailout troubled financial institutions, says White
House spokesman Robert Gibbs.
ADIDAS PROFIT DROPS 97%; BREAK-EVEN HALF SEEN
Adidas' first-quarter profit nearly evaporates and the firm says the
second. quarter is looking equally as bleak as the sneaker maker
struggles to rein in costs.
NANO RESPONSE RAISES CONCERN FOR TATA MOTORS
India's Tata Motors has received twice as many orders for the Nano
mini-car as it will be able deliver, but the consumer response is
still weaker than analysts had expected, raising short-term funding
concerns.
BANKS MAY NEED MORE CAPITAL BUT AIG WON'T: REPORTS
Reports say the U.S. government may order an estimated 10 banks to
boost their capital levels, but beleaguered insurer AIG won't need
further help from Washington.
Monday, May 04, 2009
Pending home sales rebounded in March, rising 3.2% from the previous month and 1.1% from last year - Realtors' group.
Pending home sales rebounded in March, rising 3.2% from the previous
month and 1.1% from last year - Realtors' group.
Breaking News Mon., May 4, 2009
Mexico to Allow Most Businesses to Reopen Wednesday as Swine Flu
Threat Recedes [10:16 a.m. ET]
Sunday, May 03, 2009
Breaking News Sat., May 2, 2009
Jack Kemp, the Ex-Quarterback, Congressman, One-Time Vice-Presidential
Nominee Has Died [10:30 PM ET]
