Economic news
December 2, 2009
The Bank of Japan offered banks more short-term funds after an emergency meeting on Tuesday, relieving government pressure on the central bank to help […]
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November 12, 2009
The slump in the housing market ended around March, and while there is improvement, it will be slow and fitful, U.S. luxury homebuilder Toll […]
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November 11, 2009
Federal Reserve officials on Tuesday struck a cautious note on the U.S. economy, citing high unemployment, heavy reliance on government support and commercial real […]
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November 2, 2009
Comcast Corp and General Electric Co are closer to a deal to give Comcast a 51 percent stake in NBC Universal and a formal […]
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October 28, 2009
Shares in Dutch bancassurer ING Group NV fell for a second day on Tuesday, as analysts said a pending 7.5 billion euro rights issue […]
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October 21, 2009
Wells Fargo & Co said shareholder profit rose 60 percent in the third quarter as mortgage banking revenue surged.
The San Francisco-based bank reported net […]
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October 20, 2009
Pfizer Inc reported higher third-quarter profit as aggressive cost-cutting helped offset unfavorable foreign currency exchange rates and declining sales of drugs, including those facing […]
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October 14, 2009
Geneva’s banks and trading houses are worried about the future allure of Switzerland as an international banking center, according to a new survey.
The annual […]
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October 12, 2009
Federal Reserve Bank of St. Louis President James Bullard repeated his call for a quantitative rule to adjust the Fed’s program to buy $1.75 […]
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October 10, 2009
IBM’s dominance in large computer systems called mainframes may make it look like the U.S. government has an open and shut case of monopoly, […]
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