Producer prices climb more than forecast!
NEW YORK - December 15, 2009 - Wholesale prices in the U.S. increased more than anticipated in November, led by a jump in fuel costs and a rebound in truck prices.
UN socialists seek Obama support for global financial tax!
WASHINGTON (PNN) - December 14, 2009 - With illegitimate President Barack Obama attacking “fat cat bankers on Wall Street,” left-wing non-governmental organizations (NGOs) see a great opportunity to pass a global tax on financial transactions that could generate at least $700 billion a year from the U.S. and other rich countries. They are expecting Obama’s support.
Dead-end decade for shares likened to 1930s!
NEW YORK - December 13, 2009 - Investors have lost heavily on stocks but gained on bonds this decade for the first time since the 1930s.
Foreclosures top 300,000 for ninth straight month!
NEW YORK - December 10, 2009 - The number of Amerikan homeowners who received a foreclosure notice on their property exceeded 300,000 in November for the ninth successive month, according to the property listings site RealtyTrac, while unemployment remains above 10%.
New jobless claims rise more than expected!
WASHINGTON - December 10, 2009 - The number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight weeks.
Home prices expected to slide further!
NEW YORK - December 9, 2009 - The meltdown in the Amerikan housing market is not over yet, with experts warning that a rise in home foreclosures next year and in 2011 could undermine the chances of a sustained economic recovery in the United States.
The coming wave of debt defaults!
NEW YORK - December 8, 2009 - The trouble in the commercial real estate markets is getting ugly, as the precarious situation of Dubai World has made all too clear.
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- UK and U.S. financial ratings weaker!
- Fourth largest bank failure this year!
- Foreclosure prevention plan participants delinquent on new payments!
- Commercial property loan defaults surging!
- Housing market meltdown not over yet!
- Goldman Sachs staff buying guns for defense against public uprising!
- Report indicates real estate exposure is higher than previously thought!
- Chaos erupts after North Korea revalues currency!
- Kalifornia tops U.S. in delinquent mortgages!
- AMBROSE EVANS-PRITCHARD: Morgan Stanley fears UK sovereign debt crisis in 2010!
- One quarter of all mortgage borrowers are underwater!
- UAE moves to head off run on banks!
- Fear pushes U.S. rates into negative!
- One in four borrowers is underwater!
- Retail expectations low for holiday season!
- U.S. growth downgrade weighs on world markets!
- Early data suggest suicides are rising!
- Gold hits another record!
- Actual jobless rate at 17.5%!
- Wave of debt payments facing U.S. government!
- Closed Florida bank makes 124 failures this year!
- Jobless claims remain at record levels!
- Housing slump may worsen next year!
- Record numbers of mortgage loans are late!
- AMBROSE EVANS-PRITCHARD: Société Générale tells clients to prepare for global collapse!
- Most believe New York will run out of cash next month!
- Mortgage delinquencies hit another record!
- Simmons bedding company files bankruptcy!
- Falling dollar sends gold to another record high!
- One in six Amerikans goes hungry!
- Foreclosure filings surpass 300,000 for eighth straight month!
- Dollar trouble could prolong Depression!
- Applied Materials to cut jobs!
- Poorest town suffers from Depression!
- Ten most economically troubled states!
- Lloyds announces 5,000 job cuts!
- Big Kalifornia bank with branches in China fails!
- Actual unemployment rate is 17.5%!
- Seven ways to survive the lack of jobs!
- U.S. jobless rate surges to 10.2 percent!
- Grim reality grips U.S. commercial real estate!
- Half of U.S. children will get food stamps!
- Could Amerika go broke?
- Economist claims world risks Depression if stimuli are not continued!
- U.S. dollar continues to fall!
- Small business lender CIT declares bankruptcy!
- Nine banks seized in largest one-day haul!
- Billionaire sees coming huge commercial real estate crash!
- U.S. Airways cutting 1,000 jobs and reducing flights!
- CIT Group receives $4.5 billion from creditors!