Business
‘Dollar Crisis’ Author: 2010 Will Bring More Stimulus
“This current round of stimulus will begin to wear out and everything will start to weaken again, and that will require another round of stimulus, not just from the US but from China as well”
How Visa, Using Card Fees, Dominates a Market
Billions of dollars are won or lost all depending on whether you like to sign your name, or enter your PIN number.
Banks To Bombard Customers With New Fees In 2010
New Charges Seek to Get Ahead of New Federal Rules Limiting Increases in Interest Rates
Treasury To Dole Out $3.8 billion to GMAC, Raising Stakes
The U.S. is injecting another $3.8 billion into GMAC to cover mortgage losses, making the government the majority owner of the company.
The Worst May Not Be Over for Europe
Day by day fears are growing that Greece or another weak country may default on its sovereign debt obligations
Banks With Political Ties Got Bailouts
U.S. banks that spent more money on lobbying were more likely to get government bailout money, according to a study released on Monday.
Deflation A Lurking Fear
Talk of deflation isn’t thick among investors but deflationary pressures pose a big worry and major hurdle for the Federal Reserve and other central bankers
Chinese Central Bank Warns of Gold Bubble
Gold prices are currently high and markets should be careful of a potential asset bubble forming, a senior official at China’s central bank said on Wednesday, as prices for the precious metal hit a record high.
Goldman Sachs Staff Taking Up Arms to Defend Against Angry Mobs
Senior Goldman people have loaded up on firearms and to defend themselves from a populist uprising against the bank.
Beijing Officials Urging Gold, Crude-Oil Purchases Amid Pullback
HONG KONG – China should use the shockwaves created by the Dubai crisis as an opportunity to buy gold and oil, senior Chinese official
‘In-Geithner-We-Trust’ US Bond Market Gets Lowest Yields on Record
Less than a week after deflecting calls for his resignation, Timothy Geithner sold bonds on behalf of U.S. taxpayers at the lowest yields on record
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