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Stocks rise as investors absorb bad economic news - Grand Forks Herald
NEW YORK — Wall Street overcame an early slide and turned modestly higher today as investors, starting to focus on the economy’s future rather than its current troubles, calmly absorbed the latest disappointing data. The Institute for Supply ...

UPDATE 2-Lending to poor didn't spur crisis -Fed's Kroszner - Forbes
WASHINGTON, Dec 3 (Reuters) - A federal program designed to increase lending to poor communities did not contribute to the recent subprime mortgage crisis, a senior Federal Reserve official said on Wednesday. An extensive study of the Community ...

FED FOCUS-Fed could aid fiscal stimulus with bond purchases - Forbes
WASHINGTON, Dec 3 (Reuters) - The Federal Reserve will likely be a willing buyer for the mountain of U.S debt that will need to be issued to fund efforts that President-elect Barack Obama and Congress plan to pursue to stimulate the shrinking U.S ...

Birmingham Mayor Larry Langford arrested on federal charges - Everything Alabama Blog
Joe Songer/Birmingham News Birmingham Mayor Larry Langford. Birmingham Mayor Larry Langford was arrested this morning on federal charges and is being held at the federal courthouse, the FBI and other federal officials confirm. See documents and past ...

US Diluted Loan Rules Before Crash - Common Dreams
WASHINGTON - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ...

Viewing all entries for: December 2008 - Economist.com
There has been a fascinating discussion taking place on depression economics. Paul Krugman, who's rereleasing his book on the subject, touched off the latest round with a note on wage policies, aggregate demand, and aggregate supply. Greg Mankiw ...

Nov 30 - Dec 06 (176) - Andrewsullivan.theatlantic.com
If you're like me, you're putting your monthly retirement account statement directly into the trash without opening it. But it could be worse. An Economist writer who taught financial literacy to homeless single mothers noticed something wild : One ...

Global Markets in Review: Winning Streak for Equity Bulls - Seekingalpha.com
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

Words from the (Investment) Wise for the Week That Was (November 24 ... - Safe Haven
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

The upside of "zero privacy" - Reason.com
If you haven't noticed it already, flip back a few pages and take a good look at the front cover . Unless you picked this magazine up on a newsstand, you should see your neighborhood's grinning mug shot, exposed in all its glory from above. Depending ...