Prices rise in June, but economists say it’s just a blip _ falling prices the bigger threatWASHINGTON — Sharply higher prices for everyday goods in June reflected a surge at the gas pump, not the start of a dangerous bout of inflation. In fact, economists say falling prices are the bigger danger. Administration rejects a strong hand in corporate pay, looks to shareholder pressure insteadWASHINGTON — Talking tough but stepping gently, the Obama administration rejected direct intervention in corporate pay decisions Wednesday even as officials argued that excessive compensation in the private sector contributed to the nation’s financial crisis. Geithner says administration committed to maintaining confidence of global investorsBEIJING — Treasury Secretary Timothy Geithner says the Obama administration is committed to doing everything possible to maintain investor confidence in U.S. financial markets. In China, Treasury head says Obama White House committed to attacking US budget woesBEIJING — Treasury Secretary Timothy Geithner sought to assure America’s biggest creditors on Monday that the Obama administration is committed to attacking soaring budget deficits. Results show 10 big banks need $75 billion in new capital; hope rises for economy’s recoveryWASHINGTON — Government exams of the nation’s biggest banks have helped lift a cloud of uncertainty that has hung over the economy. Legislation reining in credit card practices may pass, helped by Obama support, tough economyWASHINGTON — Legislation to rein in credit card practices and eliminate sudden rate hikes and late fees that have entangled millions of Americans moved closer to becoming law Thursday, bolstered by presidential pressure and the backdrop of economic calamity. Stocks end higher as Fed sees ’somewhat slower’ slide in economy; S&P 500 hits 3-month highNEW YORK — The Fed confirmed what Wall Street has already concluded: The recession is starting to ease. Stocks fluctuate in morning trading as Morgan Stanley results fall short of expectationsNEW YORK — Investors unnerved by mixed news from corporate earnings reports sent stocks mostly lower in early trading Wednesday. As analysts dig into bank earnings, questions emerge about how healthy the industry really isNEW YORK — The stock market initially cheered better-than-expected earnings reports from major banks as signs that the beleaguered industry might be stabilizing. But investors got more skeptical this week after they had a closer look. India concerned at Pakistan’s ’soft touch’ on Mumbai attackLONDON - India is ‘anguished’ by Pakistan’s ’soft touch’ in bringing the perpetrators of the Mumbai terror attacks to book and is concerned at the possibility of the recent Lahore-style attacks on its own soil. US trade nominee Ron Kirk approved by Senate committeeWASHINGTON - President Barack Obama’s choice to be the top US trade official was approved for the post Thursday by the Senate Finance Committee, paving the way for a vote by the full chamber in the coming days. |
Topics
Poll Loading ...Latest TweetsTimothy geithner
Latest Friend FeedsTimothy geithner
|
