| Obama pushes stimulus, sees no easy out for banks Obama, speaking at a town hall meeting in a Florida city hard hit by mortgage foreclosures, praised the Senate for passing an $838 billion spending and tax cutting bill that the president say ...[more] |
| U.S. steel companies press for Buy American plan The plea came as major U.S. exporters like Caterpillar and Microsoft pushed for either eliminating or substantially weakening the measure, which they say would raise the cost of public works ...[more] |
| U.S. offers $2 trillion bank plan but stocks slump Global markets had intensely awaited Geithner's ideas for a plan mixing private and public funding to stabilize a financial system tottering under the weight of bad mortgages, but were disapp ...[more] |
| Obama pushes stimulus, sees no easy out for banks Obama, speaking at a town hall meeting in a Florida city hard hit by mortgage foreclosures, praised the Senate for passing an $838 billion spending and tax cutting bill that the president say ...[more] |
| U.S. bank plan unveiled; European output tumbles European finance ministers also discussed the health of their banks as data showed industry output across the continent tumbled, but EU ties were strained amid accusations of trade protection ...[more] |
| Geithner testimony on financial rescue plan ON MUNICIPAL BOND MARKETS DOWNTURN: "When the basic funding sources for that dried up and when the amount of credit protection no longer proved sufficient, you saw those resources fal ...[more] |
| NY Met manager says economy casts pall over opera General Manager Peter Gelb has already cut senior and administrative staff salaries by 10 percent and canceled three planned revivals of operas to reduce costs in the face of falling ticket s ...[more] |
| U.S. home prices sank 13.8 percent in 2008: IAS index The recession and foreclosures battered house prices in 2008, dragging down values by 13.8 percent nationally and down 19.1 percent from their 2006 peak, according to the IAS360 House Price I ...[more] |
| U.S. eyeing plan to eliminate problem loans: sources The plan would target many homeowners who relied on novel loans to buy into the height of the housing market boom. Many of those borrowers are seeing their housing costs increase while the va ...[more] |
| Geithner on the defensive in his big debut Two weeks into his tenure, Geithner already finds himself on the defensive as he tries to convince the world that he is up to the challenge of repairing the U.S. economy without squandering p ...[more] |
| Talks continue on Buy American: House's Hoyer "They certainly went a substantial way in the Senate to softening the adverse impact that total adherence to Buy American would have had," said Representative Steny Hoyer, a Maryland Democrat ...[more] |
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