S&P Downgrades Top US Banks' Credit Ratings
- The Associated Press
- •
- November 29, 2011
by EILEEN AJ CONNELLY,AP Business Writer
NEW YORK (AP) — Standard & Poor's Ratings Services has lowered its credit ratings for many of the world's largest financial institutions, including the bi...
Buffett: European Concerns, US Housing Woes lLnger
- The Associated Press
- •
- November 14, 2011
OMAHA, Nebraska (AP) — Billionaire investor Warren Buffett says Europe's debt concerns and the anemic U.S. home construction business will continue to hurt the economy even though many businesses are ...
Geithner: European Crisis Could Hurt Us Economy
- Martin Crutsinger - The Associated Press
- •
- October 07, 2011
WASHINGTON (AP) — The Obama administration is urging European leaders to deal more forcefully with a debt crisis that could significantly damage the U.S. and global economy.
Treasury Secretary Timo...
Bernanke Warns Recovery 'Close to Faltering'
- Christopher S. Rugaber - The Associated Press
- •
- October 05, 2011
WASHINGTON (AP) — Europe has a debt crisis. America has a jobs crisis. Corporate profits could be in trouble. World financial markets are in turmoil. And no one seems prepared to ride to the rescue.
...
US Stock Futures Plunge as Fed Prepares for Slump
- Francesca Levy - The Associated Press
- •
- September 22, 2011
NEW YORK (AP) — Stock futures plummeted Thursday after the Federal Reserve indicated that the U.S. economic slump could last for years.
On Wednesday afternoon, the Fed announced a portfolio rebalan...
Greece's Debt Crisis Impacts Chicago
June 29, 2011 (CHICAGO) (WLS) -- Chicago is 5,400 miles from Athens but the financial chaos in Greece is stinging City Hall.
City leaders haven't sent out any press releases, but Chicago currently ...
Europe Debt Crisis Shadows Fed Meeting on Economy
- Martin Crutsinger - The Associated Press
- •
- June 20, 2011
WASHINGTON (AP) — If the U.S. economic slowdown weren't enough to deal with, the Federal Reserve this week must consider a new threat: a resurgent European debt crisis that could imperil the global ec...
Greece Poses $41 Billion Risk to U.S. Banks
- Matt Andrejczak - MarketWatch
- •
- June 16, 2011
SAN FRANCISCO (MarketWatch) — While fears stirred by Greece’s deepening debt crisis raced Wednesday through global financial markets, a quick check of U.S. banks showed they risk losses on tens of bil...
Crisis Was Avoidable Says Angelides' Commission
- TNH staff
- •
- January 27, 2011
NEW YORK – On January 27, 2011, the Financial Crisis Inquiry Commission released its report into the causes of the U.S.’s recent financial near-collapse. The report – led by a commission headed by Ca...
Economy Brightens as Consumers Spend, Layoffs Slow
- Christopher S. Rugaber - The Associated Press
- •
- December 23, 2010
WASHINGTON – Economic reports Thursday suggest employers are laying off fewer workers, businesses are ordering more computers and appliances, and consumers are spending with more confidence.
The la...
US, Greece Lose Ground in Competitiveness Report
- TNH staff
- •
- September 09, 2010
The World Economic Forum (WEF) ranks America 4th after Switzerland, Sweden and Singapore. China, whom many will argue is the number-two economy after the U.S., moved up the WEF’s ranking from 29th to ...
Comptroller Liu Opens City Checkbook
- Angelike Contis
- •
- August 10, 2010
NEW YORK – The July 1 launch of Checkbook NYC, a new online initiative that offers detailed information on all of the city’s finances, is one of the things that Comptroller John C. Liu is proudest of...
Congress acts, but bank bill has work ahead
- Jim Kuhnhenn - The Associated Press
- •
- July 16, 2010
WASHINGTON (AP) — In the end, it's only a beginning.
The far-reaching new banking and consumer protection bill awaiting President Barack Obama's signature now shifts from the politicians to the tec...
How much will Europe debt crisis affect Americans?
- Jeannine Aversa and Stevenson Jabobs - The Associated Press
- •
- June 09, 2010
WASHINGTON (AP) — Anxiety about Europe's debt crisis last month caused U.S. stocks to suffer their worst month in more than a year. Yet many experts say fears that Europe will deal a sharp setback to ...
If N.J. goes the way of Greece, where's the safety net?
- Joseph N. DiStefano - Philadelphia Inquirer
- •
- May 26, 2010
After Gov. Christie told the conservative Manhattan Institute Tuesday that cash-poor New Jersey is moving toward "becoming Greece," the analogy grew legs and ran away.
Comparisons may be odious, as...
Fed governor says U.S. could feel Europe's pain
- Sewell Chan - NY Times
- •
- May 21, 2010
WASHINGTON — A top Federal Reserve official warned Thursday that Europe’s debt problems could amount to a “significant external shock” to the United States economy, harming American banks and exporter...
Geithner shrugs off Greek-type crisis in U.S.
- The Associated Press
- •
- May 20, 2010
(AP) — WASHINGTON, May 19 (Kyodo)-Treasury Secretary Timothy Geithner expressed confidence Wednesday that a debt crisis like the one happening in Greece will not transpire in the United States.
"It...
Greece and New Jersey: Perfect Together?
- Dunstant Prial - Fox Business
- •
- May 13, 2010
Greece and New Jersey have plenty in common: miles of picturesque coastline, scores of sunny resort towns trimmed by wide expanses of sandy beaches, and thriving tourism industries that play a huge ro...
U.S. plays 2 roles in European bailout plan
- Kathleen Pender - San Francisco Chronicle
- •
- May 11, 2010
The United States is playing two roles in the European shock-and-awe campaign unleashed on the global financial markets over the weekend.
The Federal Reserve is reactivating a program that lets for...
Page 1 out of 3 pages for USA-Economy
1.jpg)
