Posts tagged ‘economic news’
Perhaps thousands are killed as Haiti is struck by a powerful earthquake THE capital of Haiti, Port-au-Prince, suffered a devastating earthquake measuring 7.0 magnitude on Tuesday January 12th. Much of the city was flattened and at least hundreds-and probably thousands-of people have been killed. The country is desperately poor and densely populated.
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Haiti’s earthquake: Horror in Haiti
Lack of aplomb in the bread-and-butter accretion led administration to afford a more-than-expected 85,000 net jobs in December alike as the unemployment amount captivated at 10 percent.
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Economy loses 85K jobs as administration abide wary
The U.S. unemployment amount will acceptable abatement alone gradually, giving the Federal Reserve allowance to accumulate absorption ante low until the bread-and-butter accretion becomes self-sustaining, a top Federal Reserve policymaker said on Friday. View post: Fed’s Rosengren says jobs accretion to be slow
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Fed’s Rosengren says jobs accretion to be slow
Canada’s unemployment amount captivated abiding at 8.5 percent in December as a abate than accepted 2,600 jobs were absent in December. See more here: Canadian abandoned amount charcoal unchanged
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Canadian abandoned amount charcoal unchanged
UPS said Friday it will cut 1,800 administration and authoritative positions to accumulate its U.S.
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UPS acid 1,800 jobs in US, adopting outlook
Lawmakers are advancing to investigate revelations that the Federal Reserve Bank of New York, led at the time by Timothy Geithner, pushed for greater clandestineness on arguable bailout decisions. Here is the original post: AIG bailout clandestineness could beggarly Geithner testifies
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AIG bailout clandestineness could beggarly Geithner testifies
The New York Federal Reserve Bank beneath Timothy Geithner apprenticed insurer AIG in backward 2008 to absolute disclosures about its payments to banks afterwards accepting a $180 billion government bailout, emails appear on Thursday showed. View post: NY Fed approved to absolute AIG coffer disclosures
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NY Fed approved to absolute AIG coffer disclosures
Jan. 7 (Bloomberg) — The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to abstain capacity from the accessible about the bailed-out insurer’s payments to banks during the base of the financial crisis, e-mails amid the aggregation and its regulator show.
Link:
Geithner’s Fed Told AIG to Limit Swaps Disclosure
(Bloomberg)
Fannie Mae is gluttonous to prop up Florida’s ravaged absolute acreage bazaar by reviewing hundreds of address projects in the accompaniment that currently don’t authorize for its loans. Originally posted here: Fannie Mae relaxes Florida address standards
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Fannie Mae relaxes Florida address standards
A above administrator of a all-around administration consulting close pleaded accusable Thursday to balance artifice charges, acceptance authoritative $2.6 actor by agriculture central banal advice to one of America’s richest men in history’s better hedge-fund cabal trading case.
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Ex-McKinsey administrator pleads accusable in cabal case