RSS Feed Alerts
IMF approves 3rd tranche of $2.6 billion Sri Lanka loan (Reuters) (Jun-28, 20:02 EDT )-- Reuters - The International Monetary Fund said on Tuesday it had approved the disbursement of the delayed third tranche of a $2.6 billion loan to Sri Lanka.
Which innovations deserve patents? Supreme Court gives scant direction. (The Christian Science Monitor) (Jun-28, 19:11 EDT )-- The Christian Science Monitor - In a closely watched case with implications for the American economy, the US Supreme Court on Monday declined to sharply limit patent protection to inventions tied to machines and transformative processes.
Japan jobless rate rises, household spending falls (AP) (Jun-28, 18:46 EDT )-- AP - Japan says the country's unemployment rate climbed to 5.2 percent in May, rising for the third straight month.
Consumer spending up, savings at 8-month high (Reuters) (Jun-28, 16:00 EDT )-- Reuters - U.S. consumer spending rose moderately in May, even as savings touched the highest level in eight months, indicating a tepid economic recovery was still intact.
New York Fed probes Wall Street exposure to BP: sources (Reuters) (Jun-28, 15:59 EDT )-- Reuters - The Federal Reserve Bank of New York has been probing major financial firms' exposure to BP Plc to ensure that if the oil giant buckles under the costs of the Gulf oil spill, it won't put Wall Street or the global financial system at risk,...
German inflation rate down to 0.9 percent (AP) (Jun-28, 15:56 EDT )-- AP - Germany's year-on-year inflation rate has slipped to 0.9 percent this month, helped downward by declining gas prices, authorities in Europe's biggest economy estimated Monday.
New York state may tax out-of-state hedge fund execs (Reuters) (Jun-28, 15:52 EDT )-- Reuters - Recession-hit New York could raise an extra $50 million a year by collecting income taxes from people who work for hedge funds in the state but live elsewhere, according to a legislative plan to raise revenue.
New York Fed probes Wall Street exposure to BP say sources (Reuters) (Jun-28, 15:48 EDT )-- Reuters - The Federal Reserve Bank of New York has been probing major financial firms' exposure to BP Plc to ensure that if the oil giant buckles under the costs of the Gulf oil spill, it won't put Wall Street or the global financial system at risk,...
US consumer spending creeps higher as saving rises (AFP) (Jun-28, 15:29 EDT )-- AFP - US consumer spending rose edged up in May as income growth slowed and saving increased, official data showed on Monday in a report suggesting consumers remain cautious amid high unemployment.
New York Fed probes Wall Street exposure to BP say sources (Reuters) (Jun-28, 15:24 EDT )-- Reuters - The Federal Reserve Bank of New York has been probing major financial firms' exposure to BP Plc to ensure that if the oil giant buckles under the costs of the Gulf oil spill, it won't put Wall Street or the global financial system at risk,...
A look at global economic developments (AP) (Jun-28, 14:50 EDT )-- AP - A look at economic developments and activity in major stock markets around the world Monday:
Supreme Court rejects bid to patent business method, calling it too abstract (Jun-28, 14:47 EDT )-- The U.S. Supreme Court on Monday unanimously rejected a bid by two inventors to patent a business method, ruling that the invention too much resembled an abstract idea. Supreme Court of the United States - Patent - Supreme Court - Intellectual...
Fed officials say U.S. recovery firm but watching Europe (Reuters) (Jun-28, 14:42 EDT )-- Reuters - Europe's debt debacle poses some risks for the United States, but is unlikely to derail the country's solid economic recovery, top Federal Reserve officials said.
Summary Box: Small spending increase, big debate (AP) (Jun-28, 14:31 EDT )-- AP - CONSUMERS STILL CAUTIOUS: Consumer spending rose in May, but not by enough to accelerate the recovery. Incomes rose for the sixth time in seven months.
Cautious consumers may fuel debate over deficits (AP) (Jun-28, 14:29 EDT )-- AP - A tepid gain in consumer spending last month could fuel a debate over whether the United States and other governments should further stimulate their economies to sustain the recovery.
Summary Box: Gold falls amid economic caution (AP) (Jun-28, 13:50 EDT )-- AP - FALLING GOLD: Gold dropped Monday as investors worried pledges by world leaders to cut budget deficits could lead to higher interest rates and lower demand for the metal.
Gold prices fall as deficit cuts could hurt demand (AP) (Jun-28, 13:50 EDT )-- AP - Gold prices retreated Monday after investors interpreted a pledge by world leaders to slash budget deficits as a sign interest rates could rise and hurt demand for the metal.
Byrd's absence could be problematic for financial regulation bill (Jun-28, 13:36 EDT )-- The death early Monday of veteran Sen. Robert Byrd (D-W.Va.) could complicate passage of the landmark financial legislation that Democrats are hoping to send to the president this week. United States - West Virginia - Senate - Robert Byrd - Byrd
Economy Watch: Is rest of Sarbanes-Oxley worth keeping? (Jun-28, 12:56 EDT )-- The Supreme Court struck down one element of the Sarbanes-Oxley legislation today, saying that some federal provisions that created the Public Company Accounting Oversight Board, a private regulatory body meant to discipline accountants who work with...
Rates rise at weekly Treasury auction (AP) (Jun-28, 12:41 EDT )-- AP - Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in several weeks.
Supreme Court takes narrow approach on anti-fraud law (Jun-28, 12:39 EDT )-- The Supreme Court on Monday left almost completely untouched an oversight board for corporate auditors that was the centerpiece of the government's response to the accounting scandals at Enron and WorldCom. Supreme Court - United States - Law -...
High court passes on tobacco cases, takes on Ariz. immigration law (Jun-28, 12:25 EDT )-- The Supreme Court agreed on Monday to review an Arizona law that sanctions employers for hiring illegal immigrants, but the justices declined to get involved in landmark anti-tobacco litigation, leaving in place a ruling that said cigarette makers lied...
Featured Advertiser (Jun-28, 12:25 EDT )
Consumer spending up, saving at 8-month high (Reuters) (Jun-28, 11:19 EDT )-- Reuters - Consumer spending rose moderately in May even as savings touched the highest level in eight months, suggesting a tepid economic recovery was still intact.
The Swiss Franc Is Almost as Good as Gold (The Motley Fool) (Jun-28, 11:08 EDT )-- The Motley Fool - In Europe, the hardest paper money -- this is beginning to sound like an oxymoron -- has to be the Swiss franc.
Top US lawmaker: 'Debt is a national security threat' (AFP) (Jun-28, 10:34 EDT )-- AFP - One of President Barack Obama's top allies in the US Congress called Monday for military spending cuts and a possible tax increase once the economy has "fully recovered" from the 2008 global meltdown.
Bond investors: Concern over higher interest rates (AP) (Jun-28, 10:29 EDT )-- AP - Bond investors beware: Fear is high that an inevitable increase in interest rates will spell doom for bond returns, eroding income from an increasingly popular source of savings for Americans.
2 Ways Dividend Stocks Can Make You Rich (The Motley Fool) (Jun-28, 09:58 EDT )-- The Motley Fool - Stocks that pay dividends have helped millions of investors become wealthy. But not all dividend stocks are the same. Before you simply pick a few for your portfolio, you need to get a grasp on one of the major differences among the...
Americans spend more in May, see incomes rise (AP) (Jun-28, 09:33 EDT )-- AP - Americans spent a little more in May but not enough to speed along the economic recovery.
Consumer spending and incomes rise in May (Reuters) (Jun-28, 08:01 EDT )-- Reuters - Consumer spending rose slightly more than expected in May even as savings touched their highest level in eight months, pointing to a recovery that remains on solid ground.
Central banks warn of new crisis if exit left too late (Reuters) (Jun-28, 07:56 EDT )-- Reuters - Governments must slash budget deficits decisively and central banks should not wait too long to raise borrowing costs as side effects from measures prescribed to tackle the global recession may create the next crisis, the Bank for...
Oil spill's economic damage may not go beyond Gulf (AP) (Jun-28, 06:19 EDT )-- AP - The BP oil spill has hammered the fishing and tourism industries along the Gulf of Mexico. But it appears the economic damage to the rest of the nation will be limited.
New crisis looms if support measures withdrawn too late (Reuters) (Jun-28, 05:09 EDT )-- Reuters - Governments must slash budget deficits decisively and central banks should not wait too long to raise borrowing costs as side effects from the medicines prescribed against the global recession may create the next crisis, the Bank for...
Face Time: D.C. area business events (Jun-27, 23:00 EDT )-- MONDAY Controlling Your Debt While You're Looking for Work. Lawyers Mike Meier and Terik Hashmi of the International Law Group will discuss how to minimize your financial obligations when your income drops during your job search. 9:45 to 11:30 a.m.,...
This week: In new numbers, a lift or a lull? (Jun-27, 23:00 EDT )-- This busy week of economic data will be capped off with a June jobs report more important than usual -- all of which may offer new insights into whether a string of disappointing data in recent weeks is a fluke or a trend. Business and Economy -...
INSIDER TRANSACTIONS (Jun-27, 23:00 EDT )-- Security - Sports - Teams - Company - Insider trading
Neil's Must Reads (Jun-27, 23:00 EDT )-- What lessons do previous U.S. financial crises -- those between 1980 and 1994 -- offer? The Federal Reserve Bank of Kansas City has published a fascinating online book about the experience of Bill Taylor, who was a top Fed bank regulator and FDIC...
Appointments (Jun-27, 23:00 EDT )-- Siemens Government Services of Reston named Scott McCoy , ex-associate general counsel at Thales, vice president, general counsel and compliance officer. England - Business and Economy - Employment - Government - Business
Reid H. Jackson (Jun-27, 23:00 EDT )-- Position: Chief executive and president of Compusearch Software Systems, a Sterling-based provider of acquisitions and grants software. Michael Jackson - United States - Jackson - Counties - Katherine Jackson
Cuccinelli shows business leaders a new facet of his image (Jun-27, 23:00 EDT )-- For close to an hour last week, Virginia Attorney General Ken Cuccinelli II stood before two dozen top business executives of the Fairfax County Chamber of Commerce and, without notes or prepared remarks, held forth on the legal minutiae of his court...
Bankruptcies (Jun-27, 23:00 EDT )-- These firms recently filed with the U.S. Bankruptcy Court's local court clerk's offices. Bankruptcy - Law - United States - Services - Lawyers and Law Firms
Want to stop these emails? You can easily UNSUBSCRIBE
New: Youtube alerts! Get alerts when your favorite video is posted on Youtube.
New: You can now view your alerts online and in RSS!
* Hint: You can also receive separate emails for each category (health, recalls, etc.)