Archive for month: August, 2011

Consumer Confidence Plunges In August

Consumer confidence has taken a nose-dive in August as views on business continue…

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Bank Of America’s Mortgage Crisis Continues

Bank of America’s effort in moving past its massive mortgage liabilities hit…

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Wall Street Opens Lower On Tuesday

The Dow Jones Industrials opened lower on Tuesday one day after the DJI average…

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Weak Home Prices Linger

In the U.S., single-family home prices showed a slight dip in June, as compared…

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Obama Nominates New Economic Chief – Alan Krueger

President Barack Obama has nominated economist Alan Krueger to a top administration…

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Consumer Spending Rises In July

Consumer spending beat the July forecasts by rising 0.8% as Americans raided…

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Fears Of Policy Paralysis By Global Economic Leaders

After Friday’s much anticipated speech by U.S. Federal Reserve Chairman, Ben…

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Back To Business For New Yorkers – Goodbye Irene

New York City woke up this morning slowly getting back to business as hurricane…

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Fed Chief Bernanke Proposes Nothing New

The much anticipated speech by Federal reserve Chairman Ben Bernanke in Jackson…

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65 Million People Will Feel Irene’s Wrath

This morning finds the entire east coast of the United States tuned into the…

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Financial Markets Holding Back In Wake Of Bernanke Speech

This afternoon finds the major financial market averages drifting back to their…

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Buffett Bails Out Bank of America

On Thursday, Bank of America’s dream came true via a bailout by billionaire…

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