Author Archive


Automakers need help
Buffalo News,  United States - 2 hours ago
That’s why it makes some sense that the new round of aid the automakers have asked for, a doubling of the $25 billion in low-interest loans it was given in ...

How to Save the US Economy
Seeking Alpha, NY - 2 hours ago
These numbers are incredibly low considering China's 1.3 billion population. Global average ownership of cars is roughly one car per 6 persons. ...

RGE Monitor

The Dismal Outlook for the US and Global Economy and the Financial ...
RGE Monitor, NY - 4 hours ago
And in a very severe recession one cannot exclude that the EPS could fall as low as $50 in 2009 dragging the S&P500 index to as low as 500. ...

Stocks Look Weaker (Again); Toll Tells Of Housing Slump; Goldman ...
Barron's Blogs - 6 hours ago
Even though the auto maker has insisted that bankrutpcy isn’t an option, with its stock at a 59-year low and worries that it’s going to run out of cash ...

Can China’s rescue package avert recession?
China Worker, World - 7 hours ago
Not since 1979 has Guangdong’s growth rate been this low, prompting the provincial government to launch its own huge investment plan worth 2.3 trillion yuan ...

Shares dive as confidence dims
Sydney Morning Herald, Australia - 7 hours ago
A full point cut would take the interest rate to 4.25%, the lowest since 2001. Asciano went into a trading halt after its share price cratered, ...

CTV.ca

Gold News Archive
BullionVault (press release), UK - 3 hours ago
Even after the House finally passed the bill on October 3rd, the Dow Jones Industrials plunged another 3000 points and free-falling to a five-year low. ...
Video: Asia Markets Tumble AssociatedPress
World’s Stock Markets Record Mixed Performance THISDAY
all 1,733 news articles

Reuters

Business News
AOL Canada, Canada - 16 hours ago
NRG calls the offer, which would create the nation's largest power company, too low. LONDON - The international tourism industry faces a tough year in 2009, ...
Gloomy US News Tops China's Plan To Spend $586 Bil Investor's Business Daily (subscription)
all 300 news articles

National Study Says Michigan Average Auto Premiums Decline
Insurance Journal, CA - 6 hours ago
"The overall rate decreases demonstrate that insurance companies are keeping costs as low as possible even though Michigan policyholders have the Cadillac ...

Why banks are boosting credit card interest rates
USA Today - 6 hours ago
In doing so, it tapped a funding source that financial institutions had previously used mainly for home and car loans. Other banks followed. ...