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  • Comeback kid comes back again to take a gamble on Coral Tuesday, July 19, 2011 @ 9:35PMLONDON BRIEFING:Former HBOS chief Andy Hornby has found another job just months after quitting Alliance Boots
  • Merkel dampens hopes of Greek rescue Tuesday, July 19, 2011 @ 9:22PMBRUSSELS, July 20 — German Chancellor Angela Merkel, Europe’s reluctant paymaster, doused expectations of any comprehensive solution to Greece’s debt crisis at an emergency euro zone summit tomorrow. “Further steps will be necessary and not just one spectacular event which solves everything,” Merkel told reporters yesterday. Widespread hopes for a ...
  • Legion post going with bankruptcy Tuesday, July 19, 2011 @ 9:13PMLegion post wins court dispute with state legion
  • Aust shares rise on US optimism Tuesday, July 19, 2011 @ 8:47PMThe ASX opened higher on Wednesday as resolution of the US debt problems supported gains on Wall Street.
  • US debt plan sparks relief rally Tuesday, July 19, 2011 @ 8:12PMThe Australian sharemarket rallied in morning trade on strong corporate earnings in the US and hopes of a resolution of that country’s debt problems.
  • Renacci says he won’t budge on debt Tuesday, July 19, 2011 @ 8:07PMBig cuts in federal spending. No tax increases. Those are Congressman Jim Renacci’s conditions to get his vote for an increase in the debt ceiling and to stave off a potential debt default. Renacci shared his thoughts Tuesday on the contentious debt ceiling debate in Washington.
  • Brain injury raises dementia risk, US study finds Monday, July 18, 2011 @ 1:33AMA large study in older veterans raises fresh concern about mild brain injuries that hundreds of thousands of American troops have suffered from explosions in recent wars. Even concussions seem to raise the risk of developing...
  • Euro Crisis Stopped By US Debt Debate: Strategist Monday, July 18, 2011 @ 1:30AMThe euro zone has avoided a major currency crisis so far because of the dispute around raising the debt ceiling on the other side of the Atlantic, David Bloom, global head of foreign exchange strategy at HSBC, told CNBC on Monday.
  • Rupee drops by 10 paise vs dollar Monday, July 18, 2011 @ 1:20AMThe Indian rupee dropped further by 10 paise to Rs 44.61 per US dollar in early trade today on persistent dollar demand from banks and importers despite weakness of the American currency in global markets.
  • James Turk: Gold is Defense against Fiat Currency Graveyard Monday, July 18, 2011 @ 1:19AMThe precious metals expert and founder and chairman of GoldMoney explore in an interview the probable outcome of the current US debt-ceiling operatics, the likelihood of future Fed money printing and strategies for preserving wealth.
  • Spanish spending rules unlikely to rein in clubs Monday, July 18, 2011 @ 1:10AMMADRID, July 18 — Spanish football’s bid to police itself with rules aimed at curbing financial excess goes in the right direction but there are serious doubts as to whether it will be enough to reverse an entrenched culture of profligacy. The country’s professional football league (LFP), which groups the 42 clubs in the top two divisions, last ...
  • Praying for Bachmann’s America Monday, July 18, 2011 @ 1:05AMSince she now leads the tea party insurgence as well as polls in Iowa for the Republican presidential nomination, Michele Bachmann warrants our studied attention.
  • Home foreclosure filings fall for 6th straight month Thursday, July 14, 2011 @ 10:27PMDallas-Fort Worth foreclosure filings for August are 14 percent below a year ago, says Foreclosure Listing Service.
  • BHP and retailers weigh on Aust stocks Thursday, July 14, 2011 @ 10:26PMThe Australian share market remained weaker at noon as retailers continued to drop in value.
  • Migrants deplore worsening conditions amid economic crisis Thursday, July 14, 2011 @ 10:01PMBy JANESS ANN J. ELLAO "We are workers, we are not slaves. It is time for labor power to lead and guide the world for it gives and sustains life, unlike finance capital which is a grave-digger of both human life and nature."
  • Market lower mid-session as BHP, retailers weigh Thursday, July 14, 2011 @ 9:46PMThe Australian sharemarket remained weaker mid-morning as BHP Billiton led losses in the resources sector and retailers continued to fall in value.
  • Stocks fall after Bernanke dims stimulus hopes Thursday, July 14, 2011 @ 9:41PMNEW YORK - Remarks by Federal Reserve Chairman Ben Bernanke that dimmed hopes for a third round of bond-buying pushed stocks lower Thursday.
  • Obama sets deadline for progress on U.S. debt deal Thursday, July 14, 2011 @ 9:24PMWASHINGTON (Reuters) - President Barack Obama on Thursday gave congressional leaders a weekend deadline to find a way to raise the U.S. debt ceiling, but a divide over spending and taxes remained a huge hurdle to a deficit-cutting deal.
  • Candidates add names to town list Sunday, July 10, 2011 @ 3:06AMBEN HOGWOOD BEAUFORT — Another six candidates filed on Friday for seats in the coming town elections.
  • Huntingdon Valley man sentenced on extortion charge Sunday, July 10, 2011 @ 2:47AMA Huntingdon Valley man was sentenced June 30 to 14 months in federal prison in connection with an attempt to collect money owed to him through violent means, according to the U.S. Attorney’s Office.
  • Air Zim planes cleared to fly Sunday, July 10, 2011 @ 2:45AMAIR Zimbabwe will begin to service local and regional routes after the civil aviation authority (CAAZ) cleared three of the troubled airline’s planes which had been grounded over safety concerns.
  • GOP halves debt proposal - Sun, 10 Jul 2011 PST Sunday, July 10, 2011 @ 2:20AMWASHINGTON – House Republican budget negotiators have abandoned plans to pursue a massive $4 trillion, 10-year deficit reduction package in the face of stiff GOP opposition to any plan that would increase taxes as part of the deal. House Speaker John Boehner informed President Barack Obama on Saturday that a smaller agreement of about $2 trillion was more realistic.
  • Small businesses are ready for recovery, but their lenders aren’t Sunday, July 10, 2011 @ 1:28AMCHARLOTTE, N.C. — Small businesses looking to grow say they’re running into challenges when they seek financing: Loans are harder to secure, and sometimes are more expensive than before the recession.
  • China Banks’ Outlook May Be Souring on Loans, Moody’s Says Monday, July 4, 2011 @ 11:59PMChinese banks’ loans to local governments may be 3.5 trillion yuan ($540 billion) more than estimated and the credit outlook for the industry may decline, Moody’s Investors Service said.
  • Dollar rallies versus euro on US tax plan report Monday, July 4, 2011 @ 11:58PMTOKYO : The dollar rose against the euro in Asia Tuesday on a report about a corporate tax holiday on the foreign profits of US firms being debated by Congress that would boost flows back to the US , dealers said.
  • Currencies: U.S. dollar gains against major rivals Monday, July 4, 2011 @ 11:57PMThe U.S. dollar index gains against major rivals, with investors still wary about Europe’s sovereign-debt problems after comments by S&P.
  • Money Matters: 4 Tips for Getting out of Debt Monday, July 4, 2011 @ 11:52PMThese tips give you doable solutions to money problems and help you prepare for surprise gastos.
  • Statement by RBA governor Glenn Stevens Monday, July 4, 2011 @ 11:45PMAt its meeting today, the board decided to leave the cash rate unchanged at 4.75 per cent.
  • No gold at the end of Social Security rainbow Monday, July 4, 2011 @ 11:41PMYou can be right or you can be ready. I am talking about those still in denial about the current condition of the Social Security trust funds. Fighting about this issue rages on, but no matter what you believe, is it better to be correct or prepared just in case you are not?
  • S&P sees one plan to ease Greek debt as a default Monday, July 4, 2011 @ 11:33PMFRANKFURT - As Europe turns from its latest short-term fix for Greece to planning a longer-term bailout for the debt-plagued country, the ratings agency Standard & Poor’s indicated yesterday how difficult it would be to off-load some of the cost of rescuing Greece onto creditors without also provoking a default that could shock the global economy.
  • 2 health-care funds that can counter volatility Monday, July 4, 2011 @ 11:12PMInvestors need to keep a close eye on Europe and our own government’s actions, or lack thereof, to address sovereign debt issues.
  • Letter to the editor: Guarded entitlements are crushing the U.S. Sunday, July 3, 2011 @ 9:53PMIt seems all our political leaders recognize that there is a debt crisis. Greece, Ireland, Portugal and Spain have shown that when left unchecked, international action by the European Union and International Monetary Fund is required. But we’re not part of the EU, and we are the IMF. Who will bail us out?
  • Australia shares rise 0.7 pct, Treasury Wine surges on takeover talk Sunday, July 3, 2011 @ 9:16PMMARKETS-AUSTRALIA-STOCKS (UPDATE 2):Australia shares rise 0.7 pct, Treasury Wine surges on takeover talk
  • Eastday-U.S. Congress urged to resolve debt issue Sunday, July 3, 2011 @ 8:26PMLOS ANGELES, July 3-- Los Angeles Mayor Antonio Villaraigosa suggested on Sunday that Congress should resign if it failed to resolve the debt issue.
  • Prince William and Kate arrive in P.E.I. Sunday, July 3, 2011 @ 7:21PMPrince William and Kate are in Prince Edward Island Sunday evening, after spending most of their day touring Quebec.
  • Australia shares jump 1 pct, buoyed by U.S. data Sunday, July 3, 2011 @ 7:19PMMARKETS-AUSTRALIA-STOCKS (UPDATE 1):Australia shares jump 1 pct, buoyed by U.S. data
  • Convincing private sector to play part in second bailout key to securing deal Sunday, July 3, 2011 @ 7:17PMANALYSIS:What appears to have only become clear to Berlin after talks with German banks last week is that much Greek paper held by the country’s banks matures after 2014
  • Geithner Confident of Debt-ceiling Increase Saturday, July 2, 2011 @ 1:15AMTreasury Secretary Timothy Geithner predicted Congress will overcome partisan divisions and increase the federal debt ceiling before an Aug. 2 deadline, warning that the failure to do so would be "unthinkably damaging to the economy."
  • $42M could go to DPL execs Friday, July 1, 2011 @ 9:01PMEleven top executives of DPL Inc. would receive a combined $41.9 million in payouts if shareholders and regulators approve its proposed merger with AES Corp. and they leave DPL as a result, according to documents filed with the government.Leading that list is Paul M. Barbas, president and chief executive officer, who stands to receive $11.5 million in payments that would include cash and equity ...
  • Economy: Muddling along might have to be enough for now Friday, July 1, 2011 @ 8:52PMStruggling along at a low economic growth rate is an unsatisfying scenario, except for the far worse fate: falling back into recession. America is getting good at muddling through.
  • A new type of town hall Friday, July 1, 2011 @ 8:23PMBENTON HARBOR — The debate about State Rep. Al Pscholka’s role in strengthening emergency managers took a slightly different twist Wednesday through the power of teleconferencing.
  • Finance minister insists Germany committed to EU Friday, July 1, 2011 @ 7:45PMGERMAN FINANCE minister Wolfgang Schäuble has insisted that ongoing euro zone turbulence has not changed Berlin’s commitment to the EU and that Germany remains “anchored in the middle of Europe, surrounded by friends”.
  • Reuben Abati’s Alleged Appointment Is A Hoax Friday, July 1, 2011 @ 7:40PMReuben Abati’s Alleged Appointment Is A Hoax – Presidency Sources Huhuonline.com understands that the actions of the fifth columnists may have put a spanner in Mr. Reuben Abati`s ambition to secure a job in Aso Villa. According to presidency sources, ...
  • Ousted Lynch transformed debt-laden, ailing co-op into consumer food giant Friday, July 1, 2011 @ 7:28PMPHILIP LYNCH can take a share of the credit for the in-store baked baguettes that can be found in virtually every Irish corner shop and supermarket these days.
  • US economy fears hit stocks as oil prices tumble Thursday, June 23, 2011 @ 10:18AMWorries over the U.S. economy piled pressure on stock markets Thursday, while oil prices sank after a shock decision by the...
  • Greece Tensions Escalate As Labor Unions Call For Two Day General Strike On June 28-29 To Celebrate Austerity Vote Thursday, June 23, 2011 @ 10:15AMThe last time Greece had a full day strike was a week ago on June 15, when labor unions decided to cut another 0.15% from Greek GDP by doing absolutely nothing, and events on Syntagma square reached the highest level of violence so far in 2011. And unfortunately for the Troica, Greece seems to have realized that the best way to make sure the bailout program craters is by continuing to miss all ...
  • Santa Barbara Police, District Attorney Joyce Dudley endorse Iya Falcone, Deborah Schwartz in City Council race Thursday, June 23, 2011 @ 10:01AMThe Santa Barbara Police Officers Association has endorsed Falcone and Schwartz in the council race on November 8. "I am happy to have the POA back in my corner," said Falcone, who served two terms on the City Council.
  • CBO warns of looming debt crisis Thursday, June 23, 2011 @ 10:00AMWASHINGTON -- The rapidly growing national debt could soon spark a European-style crisis unless Congress moves forcefully, the Congressional Budget Office warned Wednesday in a study that underscored the stakes for Vice President Joe Biden and negotiators working on a plan to reduce red ink.
  • Merkel sees limit to private Greek role Thursday, June 23, 2011 @ 1:50AMGerman Chancellor Angela Merkel has told lawmakers that there are clear limits to involving the private sector in a second aid deal for Greece, saying many European states remain opposed to even voluntary steps to bring banks on board.
  • US First Lady urges youth to end Aids epidemic Thursday, June 23, 2011 @ 1:45AMUS FIRST Lady Michelle Obama invoked the legacy of South Africa’s liberation struggle yesterday to urge young people to end the Aids epidemic, in a speech at a landmark Soweto church.