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| US Stocks Drop As Materials, Energy Sink On China Worries Wall Street Journal By Kristina Peterson NEW YORK (Dow Jones)--US stocks dropped Tuesday, as fears of higher interest rates in China and the potential for a new round of bailouts in the European Union fueled unease over the global economy. The Dow Jones Industrial Average ... See all stories on this topic » | ||
| EU official: Crisis meeting focuses on Irish banks BusinessWeek The EU monetary chief says Ireland's debt crisis is all about its troubled banks -- and that the euro currency is not in danger. Olli Rehn says Ireland's troubles were caused by "very serious problems in the banking sector." Rehn said the EU, ... See all stories on this topic » | ||
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| Wal-Mart Doldrums Continue in US New York Times By STEPHANIE CLIFFORD The tepid economic recovery does not seem to be extending to Wal-Mart's customers in the United States. The giant retailer reported Tuesday that sales in its American stores open at least a year, a key measure of retail health, ... See all stories on this topic » | ||
| AT&T, Verizon Unveil Mobile Payment Venture Wall Street Journal By ROGER CHENG And SCOTT MORRISON Three major US wireless carriers announced a joint venture to allow their customers to pay for goods and services with their cellphones. Verizon Wireless, AT&T Inc. and T-Mobile USA are participating in the venture, ... See all stories on this topic » | ||
| US Homebuilder Confidence Index Increases for Second Consecutive Month Bloomberg By Bob Willis - Tue Nov 16 15:00:00 GMT 2010 A worker runs an electrical cord through a new home under construction in Cary, North Carolina. Photographer: Jim R. Bounds/Bloomberg Confidence among US homebuilders improved for a second month in November, ... See all stories on this topic » | ||
| Panel sounds foreclosure warning, industry downplays Reuters By Dave Clarke and Corbett B. Daly WASHINGTON, Nov 16 (Reuters) - Widespread problems in how US lenders documented foreclosures could spark a wave of legal challenges resulting in massive losses to banks and serious new troubles for the housing market, ... See all stories on this topic » | ||
| Corker Favors Ending Federal Reserve Dual Mandate to Concentrate on Prices Bloomberg By James Rowley - Tue Nov 16 15:44:51 GMT 2010 A Republican member of the Senate Banking Committee called for the Federal Reserve to focus solely on price stability rather than its "dual mandate" to fight inflation and maintain full employment. ... See all stories on this topic » |
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