Yahoo!News: Health News Market rout deepens global economic crisis (Reuters) Chance of U.S.recession rise to 1-in-4 (Reuters) H&R Block settles Ma*sachusetts subprime mortgage probe (Reuters) Tax Credits to Hire Vets: A Good Idea or Does it Ignore the Problem? (ContributorNetwork) 09 Aug 2011 08:49 AM PDT 09 Aug 2011 06:44 AM PDTReuters - Federal Reserve policymakers began meeting on Tuesday under growing pressure to take some type of action to stem a financial market meltdown linked to fears of a new U.S.recession. |
Chance of U.S.recession rise to 1-in-4 (Reuters) 08 Aug 2011 04:11 PM PDTAP - FRUSTRATING DOWNGRADE: Average investors found the U.S.debt rating downgrade by Standard & Poor's a frustrating development that fed into fear and a flight from stocks.The sell-off pushed the Dow Jones industrial average below 11,000 for the first time since November.09 Aug 2011 07:26 AM PDTAP - Oil is rising after OPEC said global demand for oil will continue to grow this year, despite the weak economic recoveries in the U.S.and Europe.09 Aug 2011 09:02 AM PDTAP - Beazer Homes USA Inc.said Tuesday that its fiscal third-quarter loss widened as the homebuilder closed on fewer homes and incurred some charges.09 Aug 2011 12:04 AM PDTAP - The S&P downgrade was more of a statement on the toxic political landscape in Washington than a comment on the nation's ability to pay its bills.But S&P has its own checkered history.Just a few years ago, the company gave its top triple-A rating to some of the mortgage-backed securities that helped cause the Great Recession.09 Aug 2011 08:30 AM PDTReuters - Gold hit a record high on Tuesday in its biggest three-day rally since the depths of the financial crisis in 2008, as investor fears over the threat to the global economy from the European and U.S.debt crises hit a*sets seen as higher risk.09 Aug 2011 05:58 AM PDTAP - The ruble lost more than 3 percent of its value against the dollar, while Russian markets fell in a frantic sell-off on Tuesday triggered by the U.S.debt downgrade and a sharp fall in oil prices. |
Tax Credits to Hire Vets: A Good Idea or Does it Ignore the Problem? (ContributorNetwork) 08 Aug 2011 07:21 PM PDTContributorNetwork - President Barack Obama is proposing that a couple of tax credits to encourage companies to hire military veterans.About 1 million veterans are part of the 9.1 percent of the people who are unemployed, including 260,000 who enlisted after 9/11.09 Aug 2011 03:36 AM PDTAP - General Motors Co.on Tuesday launched a new low-priced sedan in China as part of a push to develop new business in untapped areas of the world's largest automobile market. |
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