Friday, June 19, 2009
Kansas-based 1st Nat. Bank of Anthony shut by regulators; 40th...
Kansas-based 1st Nat. Bank of Anthony shut by regulators; 40th closure of 2009
6/19/2009 7:36:35 PM EDT
U.S. seizes two banks ...
U.S. seizes two banks in Georgia, North Carolina; 39 have failed in 2009
6/19/2009 6:32:35 PM EDT
Oil settles down $1.82 at $69.55 a barrel...
Oil settles down $1.82 at $69.55 a barrel on indications of ample
supplies of gasoline.
U.S. says May unemployment topped 10% in 13 states. Michigan soared to 14.1%,...
U.S. says May unemployment topped 10% in 13 states. Michigan soared to
14.1%, followed by Oregon, Rhode Island, S. Carolina, Calif.
Thursday, June 18, 2009
Financier Allen Stanford charged with fraud, surrenders to FBI: WSJ
Financier Allen Stanford charged with fraud, surrenders to FBI: WSJ
6/18/2009 10:31:30 PM EDT
Energy: Study warns of cost overruns at proposed reactors
A new study warns the cost of building nuclear power plants will
likely hit the high end of current industry estimates of $5 billion to
$8 billion each, and that it would be cheaper for the U.S. to instead
focus on energy efficiency and alternative sources such as wind and
solar.
Breaking News Thu., June 18, 2009
Continental Pilot Has Died in Flight; Plane Making Emergency Landing
at Newark Airport
Energy stocks perk up; natural gas reserves grow
Energy stocks perk up despite lower oil prices as the Conference Board
reported a rise in May leading indicators in a sign that the recession
is losing steam.
First-time unemployment claims rose 3,000 last week to 608,000, U.S. says...
First-time unemployment claims rose 3,000 last week to 608,000, U.S.
says. Number of continuing claims fell for 1st time since Jan.
Wednesday, June 17, 2009
Obama unveils sweeping proposal to overhaul financial regulation
Obama unveils sweeping proposal to overhaul financial regulation -
calls it biggest reform since Great Depression.
Obama says stronger market is goal of sweeping regulatory reform
Obama says stronger market is goal of sweeping regulatory reform
6/17/2009 11:27:16 AM EDT
Consumer prices fell 1.3% for the year, the largest annual drop since 1950, government says
Consumer prices fell 1.3% for the year, the largest annual drop since
1950, government says. Prices rose slightly in May.
Tuesday, June 16, 2009
Breaking News Tue., June 16, 2009
President Obama to Extend Benefits to Same-Sex Partners of Gay and
Lesbian Federal Employees [9:30 PM EST]
Treasury: Fed to set higher bank capital standards
Treasury: Fed to set higher bank capital standards
6/16/2009 7:01:16 PM EDT
Energy: Obama adviser says climate action needed soon
A new report from government scientists points to the need for quick
action on climate change, a top adviser to President Barack Obama
says, including emissions reductions globally.
U.S. industrial production slips; decline from year-ago reading is steepest since 1946
U.S. industrial production slips; decline from year-ago reading is
steepest since 1946
6/16/2009 9:20:38 AM EDT
U.S. says housing starts surge 17.2% in May; building permits creep up 4%. Annual decline in wholesale prices greatest since 1949.
U.S. says housing starts surge 17.2% in May; building permits creep up
4%. Annual decline in wholesale prices greatest since 1949.
Monday, June 15, 2009
Survey shows U.S. builders grew more pessimistic in June
Survey shows U.S. builders grew more pessimistic in June
6/15/2009 1:04:19 PM EDT
Obama seeks remake of Fed's powers: WSJ
Obama seeks remake of Fed's powers: WSJ
President Barack Obama is expected to propose a sweeping
reorganization of financial-market supervision, including remaking the
powers of the Federal
Reserve, The Wall Street Journal reports.
JAWBONING DELIVERS DOLLAR GAINS
U.S. Treasury Secretary Timothy Geithner appears to have won a respite
for the U.S. dollar, economists said Monday, after various officials
voiced confidence
in the greenback following the weekend meeting of the Group of Eight finance
ministers in Italy.
DOLLAR RISES AS G8 LOOKS TO END FISCAL STIMULUS
Dollar climbs against most of its major rivals after the Group of
Eight finance ministers say they are discussing strategies to unwind
policy measures taken on
in response to the economic crisis.
G8 MINISTERS LOOK TO END FISCAL, MONETARY STIMULUS
Finance ministers from the Group of Eight leading industrialized
countries say they have begun discussing how to unwind the fiscal and
monetary policy measures undertaken in response to the financial and
economic crisis that spread last year.
MANUFACTURING WORSENS IN NEW YORK IN JUNE
Manufacturers in the New York region said business worsened in early
June, according to a report from the New York Federal Reserve Bank.
See full story.