Fed Requires Top Banks to Submit Capital Plans
By Craig Torres, Cheyenne Hopkins and and Ian Katz
– Nov 22, 2011 5:00 PM ET
The six largest banks will also have their trading portfolios tested against a “global market shock,” the Fed said.
The…
Fed Requires Top Banks to Submit Capital Plans
By Craig Torres, Cheyenne Hopkins and and Ian Katz
– Nov 22, 2011 5:00 PM ET
The six largest banks will also have their trading portfolios tested against a “global market shock,” the Fed said.
The…
And the United States might pull out of its present funk as it did in a sudden twice during the past century: in the first years of World War II, and during the first Ronald Reagan administration.
For the past two decades, the United States wasted th…
Europe shows how a fat public sector consumes an economy
November 14, 2011
Opinion
At the weekend I went to a talk by one of the most impressive public intellectuals in Australia, Pierre Ryckmans. After the session, I asked him about the deteriorati…
Three years after Iceland’s banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and protect taxpayers, analysts say.
The North Atlantic island saw its three b…
October 19, 2011
Spanish Debt Downgrade Points to Uncertainty Over Euro Crisis
By RAPHAEL MINDER
MADRID — Moody’s Investors Service raised the pressure on Spain late Tuesday when the credit rating agency downgraded the country’s long-term sovere…
October 14, 2011, 6:00 am
Make-Work and the G.D.P.
By UWE E. REINHARDT
Uwe E. Reinhardt is an economics professor at Princeton. He has some financial interests in the health care field.
Suppose some evening a group of bored and mischievous teenagers…
Citigroup Cuts Global Growth Forecasts – Again
Thursday September 29, 2011, 10:07 am EDT
conomists at Citigroup have again cut their global gross domestic product forecasts for 2011 and 2012 as growth prospects “continue to deteriorate quickly.”
At…
U.S. August ISM Manufacturing Report on Business (Text)
QBy Editor: Alex Tanzi – Sep 1, 2011 10:19 AM ET
Following is the text of the U.S. manufacturing conditions from the Institute for Supply Management.
August Manufacturing ISM Report On Business…
Aug 23, 2011
The winner economy and the loser economy
By Spengler
Just what do America’s large multinational corporations have to do with the US economy? Very little, judging by the data.
Item: Final sales of domestic product rose by 3.8% (with…
Financial Crisis
US and eurozone ‘dangerously close to a recession’
Morgan Stanley has slashed its global growth forecast for 2011 and 2012, saying the US and the eurozone were “dangerously close to a recession”.
Morgan Stanley said it would not ta…