France Seeks New Deficit Battle Plan

PARIS—The French government pledged Wednesday to consider fresh tax rises, spending cuts and other budget measures to ensure the country doesn't deviate from a challenging deficit-reduction…


Six Republicans named to deficit super panel

(Reuters) - Republicans named their six members to a congressional deficit-reduction super committee on Wednesday, setting the stage for an attempt to create bipartisan agreement on taxes and…


Dollar Advances as Fed Fails to Counter Global Growth Concerns

Aug. 10 (Bloomberg) -- The yen gained, approaching a post- World War II high versus the dollar, as the Federal Reserve’s pledge to keep interest rates at a record until mid-2013 failed to convince…


White House Said to Set Goal Easing Housing-Price Pressure

Aug. 10 (Bloomberg) -- The Obama administration is seeking ideas from investors on how to convert thousands of foreclosed properties owned by government-backed entities into rental homes,…


On t’Mark – tin hats, Band-Aids, US psyche hurt, ECB’s peashooter, UK riots

On t’Mark – tin hats, Band-Aids, US psyche hurt, ECB’s peashooter, UK riots OK, tin hats on; Dora Band-Aids at the ready?  What do you mean we’re out of them?  Oh, the ECB used the last one last…


GOLD HITS RECORD HIGHS, MINERS UNDERVALUED

Gold traded at new highs today however many quality gold miners have not reflected the strong gains in Gold in 2011. Gold miners in general are undervalued, Junior Gold companies are also very…


Obama Says Markets Don’t Doubt U.S. Ability to Pay Debts

Aug. 8 (Bloomberg) -- President Barack Obama, breaking his silence on the downgrade of federal debt, said that the U.S. “always will be a AAA country” and that he will release a new proposal to deal…