Gross Says Obama’s $300 Billion Plan Not Enough
Sept. 8 (Bloomberg) -- Bill Gross, founder of Pacific Investment Management Co., said President Barack Obama’s plan to stimulate the economy with more than $300 billion in tax cuts and spending is…
U.S. Stocks Fall as Bernanke Fails to Offer New Plans for Growth
Sept. 8 (Bloomberg) -- U.S. stocks fell, after the biggest gain in two weeks for benchmark gauges, as Federal Reserve Chairman Ben S. Bernanke failed to offer any specific new plans to bolster growth…
Geithner on Global Growth
Tim Geithner says Global action needed boost growth US Treasury Secretary Timothy Geithner Thursday called on the Global finance chiefs to boost growth but said a repeat of the massive co-ordinated…
US exports rise signalling firmer growth
US exports rise signalling firmer growth The US economy is sluggish, but it is still moving along. That was the message from 2 economic reports that pointed to a weak labor market, but also a better…
Obama jobs speech venue part of election strategy
(Reuters) - President Barack Obama's use of a rare joint session of Congress to deliver a jobs speech on Thursday reflects a political strategy to try to blame Republicans for an economy at risk of…
U.S. recovery still on ropes in late summer: Fed
(Reuters) - The sluggish U.S. recovery failed to gain speed in recent weeks and softened in some areas of the country, as volatile stock markets and sputtering factory activity weighed on growth, the…
Credit Suisse Core Hedge Fund Index fell less than half that of broad equity
The Dow Jones Credit Suisse Core Hedge Fund Index Down 2.88% in August versus Losses of 7.69% for Global Equity Markets New York, September 6, 2011 – The Dow Jones Credit Suisse Core Hedge Fund Index…
US Banks to Rally on Deal
US Banks offered deal on faulty mortgage foreclosure practices BAC, JPM, C, WFC US banks that allegedly engaged in improper mortgage foreclosure practices have been offered a deal by State…
Funds Bet Big on Agriculture
Funds add Bullish agriculture bets on shortages Funds increased Bullish bets on agricultural commodities by the most in more than a year on signs of tightening supplies amid adverse weather…
Berlusconi Cabinet to Call Confidence Vote on Austerity Plan
Sept. 6 (Bloomberg) -- Italian Prime Minister Silvio Berlusconi called a Cabinet meeting today to authorize a confidence vote in Parliament on an amended 45.5 billion-euro ($64.5 billion) austerity…