Economic recovery to remain sluggish into 2011!
WASHINGTON - April 12, 2010 - The pillars of Americans' financial security - jobs and home values - will stay shaky well into 2011, according to an Associated Press survey of leading economists.
WASHINGTON - April 12, 2010 - The pillars of Americans' financial security - jobs and home values - will stay shaky well into 2011, according to an Associated Press survey of leading economists.
CAMBRIDGE, England - April 11, 2010 - The eurozone area and wider European Union is now “on the brink” of disintegration unless Germany steps up and provides loans at below-market rates to Greece, George Soros, the hedge fund manager, has warned.
NEW YORK - April 10, 2010 - Major Wall Street banks are using accounting techniques similar to those utilised by Lehman Brothers in its final days to mask the size of their balance sheets at the end of reporting periods.
LONDON, England - April 8, 2010 - World markets slid Thursday amid mounting worries about a potential Greek debt default as the country's borrowing costs continue to go through the roof.
NEW YORK - April 8, 2010 - Consumer borrowing fell again in February, reflecting weakness in credit cards and auto loans. It marks a setback to hopes that consumers are beginning to feel more confident and will start spending more.
WASHINGTON (PNN) - April 8, 2010 - The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce even as officials continue to tell the Amerikan people that the economy is recovering.
NEW YORK - April 8, 2010 - Since Richard Brown lost his job to the Depression and his Boston home to foreclosure a year ago, he’s been working short-term consulting assignments until he gets back on his feet. In the meantime, he’s been “couch surfing.”