Fed puzzled by yield curve steepening...
Geithner to Tell China No One More Concerned About Deficit Than Obama...
8 AM: BUST
World Bank President Calls Stimulus Measures 'Sugar High,' Says Unemployment Will Rise...
FDIC restricts interest rates at weak banks...
GM prepares for bankruptcy announcement...
...new GM begins to emerge...
ROMNEY TO OBAMA: Give GM Back To The People...
Ireland Set To Go Bust, Claims Economic Historian
By The Belfast Telegraph
His chosen prime candidate to go bust is "Ireland, followed by Italy and Belgium, and UK is not too far behind". Argentina is top of his list of shaky countries but "the argument that it can't happen in major western economies is nonsense". Continue
Chinese economists deem huge holding of US bonds "risky," : On the first day of U.S. treasury secretary Timothy Geithner's visit to China, the Beijing-based Global Times published a survey of 23 famous Chinese economists on Sunday, saying that the majority of them deemed the vast holding of U.S. bonds "risky."
Leap in U.S. debt hits taxpayers with 12% more red ink: Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows.
Deep Cuts Threaten to Reshape California: . The cuts Mr. Schwarzenegger has proposed, if enacted by the Legislature, would turn California into a place that in some ways would be unrecognizable in modern America: poor children would have no health insurance, prisoners would be released by the thousands and state parks would be closed.
Hidden city under L.A. : A raid in Los Angeles County, California, has uncovered a hidden world beneath a busy freeway..
Ohio Food Stamp Participation Rates Soaring: Figures show than one in seven people in Cuyahoga County, Ohio's most populous county, received food stamps in February, an 8 percent increase from one year ago.
U.S. mortgage rate rise threatens housing recovery: A dizzying rise in U.S. mortgage rates this week has left homeowners worried about the government's ability to revive the housing market as a means to economic recovery.
Unemployment in U.S. Probably Surpassed 9% in May: Unemployment in the U.S. probably surpassed 9 percent in May for the first time in more than 25 years, underscoring forecasts that the economy will be slow to pull out of the worst recession in half a century, economists said before a report this week.
US Govt Takes 60% Of GM In Chapter 11 Bond Deal
Geithner To China - Deficit Will Be Tamed (Sure It Will)
Geithner Calls For New Ties With China
China's Manufacturing Expands In May
BoE Should Buy Toxic Assets Says IMF
UK Spending Higher Than In First World War
Tax Officials On Trail Of Hidden Wealth
Don't Write Off Deflation Danger Yet
The Big Collapse May Be Very Near
Chapman - Gold To Stand Against Big Devaluations
General Motors To File For Bankruptcy
Russian Oligarch Buys GM Europe
Why The Wheels Fell Off Germany's Economic Model
Pension Managers Lose $24B - Get $7M Bonuses
The Fed's Astonishing Runaway Theft Exposed - Vid
Peter Schiff - Weekly Summary - Vid
'Role-Play' Of Crisis At Norther Rock Years Ago
US Bond Sell-Off Puts Pressure Elsewhere
Dollar No Longer Reserve Currency In Russia
Geithner Strikes Out In Beijing
Zoellick Warns Stimulus Just A 'Sugar High'
'Unthinkable' U.S. Sales Tax Gets Fresh Look
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