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Stocks Inch Up After Greece Deal
09 Feb 2012
…above 13,000 was May 19, 2008, four months before the collapse of Lehman Brothers investment bank and the worst of the financial crisis. Stocks were also helped Thursday by U.S. jobs data. The number of people seeking unemployment assistance fell to… ...
05 Feb 2012
…bringing the nation's unemployment rate down to 8.3 percent. Now the attention is expected to shift back to the financial crisis in Europe, and negotiations over the conditions for bailing out Greece. Along with the usual reaction to the European… ...
America's economy in 2012 is…
02 Feb 2012
…income growth, debt piled up, and some pullback in consumer activity is now occurring. Unlike the years prior to the financial crisis, households are not be able to refinance credit card debt and auto loans by further mortgaging homes, and rising debt… ...
What Indiana's 'right to work'…
30 Jan 2012
…battle. Americans’ affection for unions has been in decline, reaching an all-time low in 2009, at the height of the financial crisis. The bail-outs of GM and Chrysler alerted an alarmed public to the crippling costs of union benefits. Pew Research reports… ...
Geithner Sees Growth In Economy
29 Jan 2012
The US economy is likely to grow two percent to three percent this year, Treasury Secretary Timothy Geithner said Sunday, though he warned of the continuing challenges posed by Europe's inability to stem its financial crisis and growing tensions with Iran. ...
Union Membership Nearly Flat in 2011
28 Jan 2012
…Despite an unprecedented volley of partisan political attacks on workers' rights, and the continuing insecurity of our economic crisis, union membership increased slightly last year," he said. Randy Johnson, the US Chamber of Commerce's senior vice… ...
Former longtime Boston Mayor…
27 Jan 2012
…investigation that found "reasonable cause" that White had violated conflict-of-interest laws. The city also wallowed in a financial crisis in the latter of years of his tenure that led to layoffs of police and firefighters and the shutdown of some stations… ...
President Obama, if you'll take…
27 Jan 2012
…market after he got a private briefing from the Fed Reserve chairman and Treasury Secretary Timothy Geithner during the financial crisis. From where you were standing, can you tell me if any of these people stood and applauded when you called for a ban on… ...
Dow Closes Lower After Morning Rally
26 Jan 2012
A brief morning rally Thursday pushed the Dow Jones industrial average above its highest close since the financial crisis of 2008, but stocks finished lower for the day after mixed economic data tempered traders' optimism. ...
Geithner 'pretty confident'…
25 Jan 2012
…the world of economic policy and finance.” He claimed “things are getting better,” despite the “terribly traumatic financial crisis.” Speculation had swirled last year that Geithner was getting ready to leave the Obama administration. But the administration… ...
25 Jan 2012
…fair shot for all Americans is "the defining issue of our time." He described an economy on the rebound from the worst economic crisis since the Great Depression, with more than 3 million jobs created in the last 22 months and U.S. manufacturers hiring… ...
TRANSCRIPT: Obama's 2012 State…
24 Jan 2012
…to fight obstruction with action, and I will oppose any effort to return to the very same policies that brought on this economic crisis in the first place. No, we will not go back to an economy weakened by outsourcing, bad debt, and phony financial profits… ...
Stocks Mixed As Greece Works On Debt
23 Jan 2012
The S&P 500 index eked out a tiny gain Monday while traders kept an eye on talks in Europe to cut Greece's crushing debt load and prevent a global financial crisis. Other indexes ended slightly lower. ...
Citigroup 4Q Profit Misses Forecasts
17 Jan 2012
Citigroup said Tuesday that its fourth-quarter profit fell 11 percent from a year earlier as choppy capital markets overshadowed the bank's continued recovery from the financial crisis. ...
Sarkozy Shrugs Off Credit Downgrade
16 Jan 2012
…that blow and downgrades for other European nations shouldn't be seen as a sign they will have trouble emerging from the financial crisis. Rajoy's Socialist predecessor also supported the financial transaction tax, but Jose Luis Rodriguez Zapatero was ousted… ...
S&P Cut Ratings in 9 Countries
14 Jan 2012
Standard & Poor's said Saturday that eurozone policymakers have failed to address the "broadening and deepening" financial crisis the region now faces, leading the agency to issue long-term downgrades on nine countries. ...
Investors continue to escape stock funds
13 Jan 2012
…Poor's 500 index ended 2011 almost exactly where it started. Bond funds attracted new cash, as they have since the financial crisis in 2008. Last year, investors deposited a net $116 billion into bond funds. In December, the total was nearly $13… ...
Rick Perry Slams Wall Street, Congress
12 Jan 2012
…banks was putting "Main Street in jeopardy." Perry criticized the actions Congress took to stabilize banks during the financial crisis and the money the Federal Reserve transferred to financial institutions "unbeknownst to us." The Troubled Asset Relief… ...
Wall Street's Big Banks Are the…
07 Jan 2012
…already see the outlines of the next financial crisis and bailouts. The six largest financial…
…taxpayers in the event of a future financial crisis. The Obama and Romney plan simply…
…cannot afford to wait until the next financial crisis is upon us to act, which will be…
...
After Comeback, Stocks Drop Slightly
05 Jan 2012
…points at 1,281. The Nasdaq rose 22 points to 2,670. Stocks spent the morning underwater. Worries about Europe's financial crisis appeared to outweigh a jobs report that showed a drop in new applications for unemployment insurance. Advancers outnumbered… ...
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Steve Forbes leaning towards Perry
Steve Forbes was in Boston and spoke about the 2012 Presidential race and why he's leaning towards supporting Rick Perry.
“…the Federal Reserve. We never would have had a housing bubble or financial crisis Federal Reserve have been trashing -- dollars and the only part of the last decade they went after the Federal Reserve I …”
Amid financial crisis , USPS goes to Hill
WASHINGTON - The postmaster general is going to Congress to discuss the Postal Service's mounting debt.
Tue, 6 Sep 2011
President, Congress prepare for vacation
President Obama is slated to make his return to Martha’s Vineyard in just a couple of weeks. But should he be heading to the island amidst a possible impending financial crisis ?
Wed, 10 Aug 2011
Dow falls hard with 512 point decline
NEW YORK - Gripped by fear of another recession, the stock market suffered its worst day Thursday since the financial crisis in the fall of 2008. The Dow Jones industrial average fell more than 500 points, its ninth-steepest decline.
Thu, 4 Aug 2011
Critics Look Back on Obama's 1st Year
Nearly one year later, President Barack Obama takes ownership of his policies but still points the finger of responsibility for many of them at former President George W. Bush. VIDEO >>
“…failed policies. And decades of broken politics. We face down the worst economic crisis since the Great Depression. …”
Obama Calls Nobel Prize Call For Action
President Barack Obama said Friday he was honored and humbled to win the Nobel Peace Prize and would accept it as a "call to action" to work with other nations to solve the problems of the 21st century.
“…I'm also aware that we are dealing with the impact about global economic crisis that is what millions of Americans. Looking for work. These are concerns that I confront every day on behalf of the American …”
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