Finacial Reform in Greece
Speaking before Parliament’s plenary session, Finance Minister Evangelos Venizelos referred to the finance ministry’s draft bill stressing that “the scenery should change” and underlined that “this…
Minding Miners' Beta and Leverage
Even though U.S. politicos appear ready to reach an agreement on the debt-ceiling front, the fiercely polarized debate has introduced uncertainty into what was previously thought to be an obligation…
Data Reinforce Economic Malaise
Americans saved more and cut their spending by the most in nearly two years in June, a broad retrenchment that is both the cause of and a reaction to the slowing economic recovery. Consumer…
Sea Change in Map of Global Risk
With Crises Shaking Confidence in U.S. and Europe, Investors Turn to Debt of Emerging Lands The black-and-white borders of the bond market are graying. As the pristine credit rating of the U.S.…
While the…Banks Finding Few Signs of Distress in Repo, Credit Markets
July 28 (Bloomberg) -- U.S. banks searching for hints of credit-market distress ahead of next week’s deadline to raise the debt ceiling are finding few signs of panic so far. Commercial banks and…
(Reuters) -…US Property Prices Fall
Real Estate prices in major US cities rose for the second straight month in May, propped up by a flurry of spring buyers. But after adjusting for such seasonal factors, prices fell in a majority of…