RSS Feed Alerts
Merry-Go-Round Farm tries to bring superior architecture to Potomac (Jul-16, 23:00 EDT )-- Drive on River Road in Potomac, and you'll see them on both sides: the McMansions, the faux chateaux and other oversize revisions of one architectural style or another. United States - Arts - River - Potomac - Potomac River
US pushing UN status for gay rights group (AP) (Jul-16, 19:23 EDT )-- AP - The Obama administration and 14 members of the U.S. Congress are urging the U.N. Economic and Social Council to accredit the International Gay and Lesbian Human Rights Commission so it can work at the United Nations.
Regulators shut banks in Fla, Mich, SC (AP) (Jul-16, 18:39 EDT )-- AP - Regulators on Friday shut down three banks in Florida, two in South Carolina and one in Michigan, bringing to 96 the number of U.S. banks to succumb this year to the recession and mounting loan defaults.
Less-confident consumers could stall recovery (AP) (Jul-16, 16:01 EDT )-- AP - Consumers are having second thoughts about the recovery.
US stocks dive on falling consumer sentiment, mixed earnings (AFP) (Jul-16, 15:58 EDT )-- AFP - US stocks plunged Friday after sagging consumer confidence and a mixed batch of second-quarter earnings revived fears about the health of the economic recovery.
Consumer prices drop, sentiment sours (Reuters) (Jul-16, 15:45 EDT )-- Reuters - Weak energy costs pushed U.S. consumer prices down for a third straight month in June while consumer sentiment dropped to a near one-year low in July, highlighting the sluggishness of the economic recovery.
Summary Box: Investors sour on industrial metals (AP) (Jul-16, 15:18 EDT )-- AP - SOUR TASTE: Most metals prices fell Friday as a new report concluded consumers are becoming more discouraged about the economic recovery.
Oil price settles just above $76 a barrel (AP) (Jul-16, 15:18 EDT )-- AP - Oil prices retreated on disappointing economic news. Here's how energy prices traded.
Discouraged investors sour on industrial metals (AP) (Jul-16, 15:18 EDT )-- AP - Investors soured on industrial metals and other commodities Friday as signs of slowing global economic growth continued to mount.
Bank stress tests to shed light on Europe's economic health (Jul-16, 15:15 EDT )-- From bankrupt Spanish housing projects to Ireland's crashing export economy and the turmoil caused by Greece's debt crisis, Europe's banks have been taking a beating. Supervisory Capital Assessment Program - Stress - Mental Health - Health -...
Bank of America and Citi results show hurdles ahead (Reuters) (Jul-16, 15:12 EDT )-- Reuters - Bank of America and Citigroup shares fell as the banks' results highlighted the stagnant U.S. economy and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.
BP: Payments top $200M for Gulf oil spill loses (AP) (Jul-16, 14:57 EDT )-- AP - BP says it's paid out $201 million so far to individuals and businesses for economic losses from the Gulf of Mexico oil spill.
Gas prices trend upward before the weekend (AP) (Jul-16, 14:52 EDT )-- AP - Filling up for a trip to get some respite from the summer heat may cost a few cents more this weekend.
Judge denies Schwarzenegger bid to compel pay cuts (Reuters) (Jul-16, 14:32 EDT )-- Reuters - A California judge on Friday denied Governor Arnold Schwarzenegger's attempt to force State Controller John Chiang to process pay cuts to the federal minimum wage for some 200,000 state employees.
Justice Dept. charges 94 people with health-care fraud (Jul-16, 14:04 EDT )-- The Justice Department stepped up its crackdown on Medicare and Medicaid cheats on Friday, announcing charges against 94 people in what authorities called the largest health-care fraud sting in U.S. history. Health care - United States - Health -...
Summary Box: China trims US Treasury debt holdings (AP) (Jul-16, 14:02 EDT )-- AP - FOREIGN HOLDINGS: Net purchases of long-term U.S. securities, a category that covers government debt and corporate debt, totaled $35.4 billion following gains of $81.5 billion in April and $141.4 billion in March.
Schwab posts flat 2Q earnings, but beats estimates (AP) (Jul-16, 13:32 EDT )-- AP - Retail brokerage Charles Schwab Corp. on Friday reported flat second-quarter net income as waivers of clients' money market fees amid low interest rates continued to crimp revenue growth. Results ticked higher from the first quarter, however, and...
Featured Advertiser (Jul-16, 13:10 EDT )
With passage of financial regulation overhaul, Geithner to inherit sweeping influence (Jul-16, 13:10 EDT )-- The dramatic expansion of financial regulation approved by Congress this week bears the stamp of no one more than Treasury Secretary Timothy F. Geithner and gives him vast powers to determine the final form of the new rules. Timothy Geithner -...
A look at global economic developments (AP) (Jul-16, 12:34 EDT )-- AP - A look at economic developments and activity in major stock markets around the world Friday:
6 Reasons to Delay Retirement (U.S. News & World Report) (Jul-16, 12:32 EDT )-- U.S. News & World Report - The Senate Finance Committee held a hearing yesterday to discuss the increasing likelihood that seniors will need and want to delay retirement. Experts testified that Americans working until older ages will have a dramatic...
ALL BUSINESS: What companies do in a tough economy (AP) (Jul-16, 10:46 EDT )-- AP - A burrito company known for super-sized stuffed tortillas goes small. A chocolatier turns to cheaper pick-me-ups rather than expensive indulgences. A furniture retailer expands in the midst of the housing market bust.
Bank of America, Citi results show hurdles ahead (Reuters) (Jul-16, 09:40 EDT )-- Reuters - Bank of America and Citigroup posted better-than-expected quarterly earnings on lower credit losses, but their shares fell as the banks highlighted the challenge of boosting revenue in a stagnant economy.
RBS may seek more after $100 million Goldman payout (Reuters) (Jul-16, 09:39 EDT )-- Reuters - Royal Bank of Scotland may pursue Goldman Sachs for substantially more than the $100 million it received as part of a settlement over the marketing of a subprime mortgage product.
Consumer prices drop, sentiment turns sour (Reuters) (Jul-16, 09:32 EDT )-- Reuters - Consumer prices fell for a third straight month in June while consumer sentiment tumbled to an 11-month low in July, underscoring the soft nature of the economic recovery.
Consumer prices dip for third straight month (AP) (Jul-16, 09:29 EDT )-- AP - Consumer prices fell for the third straight month, providing some bargains to American shoppers.
Consumer sentiment sinks to lowest in 11 months (Reuters) (Jul-16, 09:28 EDT )-- Reuters - Consumer sentiment weakened in early July to its lowest in 11 months on a resurgence in fears about the economy, a year since the recovery began, a private survey released on Friday showed.
Summary Box: Consumer prices fall for third month (AP) (Jul-16, 09:14 EDT )-- AP - RELIEF FOR SHOPPERS: Consumer prices fell for the third straight month. Less expensive energy bills were a big factor. Prices for some food items, airlines fares, computers and other things also fell.
China reduces US Treasury debt holdings in May (AP) (Jul-16, 08:36 EDT )-- AP - China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.
Banks: The Bigger, The Better (The Motley Fool) (Jul-16, 08:31 EDT )-- The Motley Fool - The U.S. Senate passed financial regulation yesterday, leaving just a presidential signature to transform bill to law. To be sure, the push to passage has been less titillating than Mel Gibson's ongoing series of vitriolic rants.
Consumer prices fall in June on energy (Reuters) (Jul-16, 08:11 EDT )-- Reuters - Consumer prices fell for a third straight month in June due to lower energy costs, according to a government report on Friday that pointed to subdued inflation pressures amid sluggish domestic demand.
Euro hits $1.30 for first time since May 10 (AFP) (Jul-16, 08:01 EDT )-- AFP - The euro reached 1.30 dollars for the first time since May 10 on Friday, with the single currency rising on concerns about the strength of the US economy following weak data, traders said.
Horner wants cap on Minn. mortgage deduction (AP) (Jul-16, 07:23 EDT )-- AP - As Minnesota governor, Independence Party candidate Tom Horner says he would "take a hard look" at tax exemptions and deductions, including mortgage interest for homeowners.
Scams: A Sucker Retires Every Minute (BusinessWeek) (Jul-16, 07:08 EDT )-- BusinessWeek - Annuities. Reverse mortgages. Life insurance pools. Principal-protected notes. The options being offered to senior citizens hoping to ensure a comfortable retirement are dizzying. And in a growing number of cases, that may be the...
Retirement: Gen Y's Empty Piggy Bank (BusinessWeek) (Jul-16, 07:08 EDT )-- BusinessWeek - Baby boomers fretting over their pensions should spare a thought for Constance DeCherney. Like many of her generation, the 27-year-old Web strategist at Planned Parenthood in New York has done little to prepare for retirement. While she...
Goldman paying $550M to settle civil fraud charges (AP) (Jul-16, 06:58 EDT )-- AP - Resolving a high-profile government case linked to the mortgage meltdown, Goldman Sachs & Co. has agreed to pay a record $550 million to settle civil fraud charges that it misled buyers of complex investments.
Congress acts, but bank bill has work ahead (AP) (Jul-16, 06:56 EDT )-- AP - In the end, it's only a beginning.
PersonalFinance: The lure of low mortgage rates (Reuters) (Jul-16, 06:32 EDT )-- Reuters - Three straight weeks of record low mortgage interest rates has spurred another refi boom. That's understandable: The idea of locking in 4.5 percent for 30 years is really tempting.
PersonalFinance: The lure of low mortgage rates (Reuters) (Jul-16, 06:32 EDT )-- Reuters - Three straight weeks of record low mortgage interest rates has spurred another refi boom. That's understandable: The idea of locking in 4.5 percent for 30 years is really tempting.
Oil up near $77 as US equities, economy mixed (AP) (Jul-16, 06:32 EDT )-- AP - Oil prices moved up toward $77 a barrel Friday as traders eyed small gains in stock markets and a stronger euro amid a sluggish U.S. economic recovery.
Dollar extends losses on US economy concerns (AFP) (Jul-16, 05:42 EDT )-- AFP - The dollar fell further on Friday, touching the lowest level so far this year against the yen, as weak US data fuelled concerns about the world's biggest economy, analysts said.
Gulf oil test, bill passage give Obama a day to savor (Jul-16, 05:33 EDT )-- Thursday was, arguably, the best day of Barack Obama's presidency in many, many months. Barack Obama - United States - President - History - Government
Buffett warns Obama U.S. economy only halfway back (Reuters) (Jul-16, 05:18 EDT )-- Reuters - President Barack Obama heard a sobering message from Warren Buffett when he asked for the investment guru's views about the economic recovery, according to an interview Obama gave NBC News on Thursday.
World Bank: EU's newest members return to growth (AP) (Jul-16, 04:44 EDT )-- AP - The 10 Eastern European nations that have joined the EU since 2004 are seeing economic growth again for the first time since the start of the global financial crisis in 2008, the World Bank said Friday.
China blames economic slowdown on policy controls (AP) (Jul-16, 04:04 EDT )-- AP - Premier Wen Jiabao said Friday the government intervened in the economy to slow China's rapid expansion to a manageable pace and promised to maintain "steady and fast growth" this year.
Libyan controversy adds to BP's woes (Jul-15, 23:00 EDT )-- BP faced a new outcry Thursday about whether the Scottish and British governments sought to smooth BP's oil exploration contract talks with Libya by releasing prisoners, including the man convicted of bombing the Pan Am plane that went down over...
Carlyle to buy vitamin maker NBTY in latest high-profile deal (Jul-15, 23:00 EDT )-- The Carlyle Group continued its string of big deals Thursday with its announced plans to buy New York-based vitamin maker NBTY for $3.8 billion, signaling an easing in bank financing for big buyout deals. NBTY - Carlyle Group - Private equity -...
Former Democratic fundraiser for Hillary Clinton, Kerry gets 12 years for fraud (Jul-15, 23:00 EDT )-- A wealthy Manhattan investment banker and former top Democratic fundraiser was sentenced Thursday to 12 years in prison for defrauding banks of $292 million, some of which he donated to politicians including Barack Obama, Hillary Rodham Clinton and Al...
Update of flood-insurance program wins House's vote (Jul-15, 23:00 EDT )-- The House has voted to overhaul the debt-ridden federal program that provides flood insurance to more than 5 million homeowners and businesses in flood-prone areas. Insurance - Flood insurance - Business - Financial Services - Flood
Obama's nominee to head Government Printing Office reimburses $3,100 (Jul-15, 23:00 EDT )-- William J. Boarman, President Obama's nominee to lead the Government Printing Office, received and cashed about $3,100 in improper payments from the GPO in the past six years and repaid the funds Tuesday, according to government records. Barack...
Obama touts stimulus, taking shots at Michigan's Rep. Peter Hoekstra (Jul-15, 23:00 EDT )-- HOLLAND, MICH. -- Four months before the midterm elections, President Obama is trying to lock onto an economic message to convince voters that the 2009 government stimulus package was worth it -- and is working. The stakes are especially high in...
Goldman Sachs to pay record settlement in fraud suit, change business practices (Jul-15, 23:00 EDT )-- Goldman Sachs agreed Thursday to pay $550 million to settle a fraud suit brought by the Securities and Exchange Commission that accused the storied Wall Street bank of selling a subprime-mortgage investment that was secretly designed to fail. ...
Extra credit checks required by Fannie make some lenders anxious (Jul-15, 23:00 EDT )-- People who applied for a mortgage as of June 1 might see their finances -- specifically their debt -- under renewed scrutiny days before they are scheduled to complete a home purchase. Business - FannieMae - Financial Services - Personal Finance ...
Obama pours energy into electric-car batteries, but will it jump-start industry? (Jul-15, 23:00 EDT )-- HOLLAND, MICH. -- President Obama, struggling to connect with voters on the economy, cast an unlikely hero as the star of his narrative of redemption and recovery on Thursday: the battery. United States - Chevrolet Volt - ElectricVehicle -...
Congress passes financial reform bill (Jul-15, 23:00 EDT )-- Congress gave final approval Thursday to the most ambitious overhaul of financial regulation in generations, ending more than a year of wrangling over the shape of the new rules and shifting the government's focus to the monumental task of implementing...
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.)