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Drivers shave off 9.6B miles in May
"NEW YORK (CNNMoney.com) -- Americans drove 9.6 billion fewer miles in May compared to a year earlier, according to a report from the Federal Highway Administration. The decline was the third-largest monthly drop since the agency, a division of the U.S. Department of...RBS issues global stock and credit crash alert
"The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. "A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the...RBS issues global stock and credit crash alert
"The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. "A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the...Bernanke and Paulson talking bull to support the dollar « Peter J. Cooper’...
" Then Bernanke will have to eat his words and dine on his own credibility and cut interest rates in response. That is perhaps why he has left interest rates at two per cent, and not gone for one per cent straight away. He is keeping some ammunition for the next stage of...Dubai’s plans worry the City of London « Peter J. Cooper’s Weblog
" Last week Standard Chartered chief economist Gerald Lyons told journalists in Dubai that he had recently been in a meeting with senior members of the UK government where, for the first time in his experience, genuine concern over the mounting competition from Dubai as a...Gold medal Olympic scams
Tickets for the Beijing Olympics are going to be hot commidities - but it seems some people are already trying to cash in on the action, with fake Olympic ticket websites, selling Olympic bonds that do not exist and...Barry Bonds Faces 15-Count Indictment
The league-leading legacy of Barry Bonds baseball career continues to be eroded by the legal battle surrounding accusations that he lied under oath while testifying to a grand jury examining steroid use among...American bourses bouncing back
After a couple of month's bearish trend, American stock market is slowly recovering and even junks bonds are rallying. " Main Street may be struggling, but Wall Street is on a bit of a roll.Despite a drumbeat of bad economic news, the stock market is up — almost 11 percent...
Spitzer Lynching and Bank Bailouts Linked
"While New York Governor Eliot Spitzer was paying an "escort" $4,300 in a hotel room in Washington, just down the road, George Bush's new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over $200... Govt to sell Rp2 trillion worth of state bonds March 25
"Jakarta (ANTARA News) - The Indonesian government plans to sell rupiah-denominated state bonds worth Rp2 trillion in an auction on March 25 to meet part of the financing target in the 2008 state budget.The bonds up for auction would bear serial number ZC004 and mature on Feb...Carlyle Tries to Hold Off Lenders
I posted a story about this the other day but things are getting worse for the Carlyle Group."LONDON (AP) -- Carlyle Capital Corp. Ltd is in talks with creditors to prevent the liquidation of some $16 billion in...Bear Stearns Shares Fall on Liquidity Speculation
The bad news continues..."March 10 (Bloomberg) -- Bear Stearns Cos. fell 9.3 percent in New York trading, the most since 1998, on speculation the company lacks sufficient access to capital. Bear Stearns,...23 Ways to Celebrate Your Marriage
"When you first met and got hitched, you couldn't stop gushing about married life and how wondrous it was going to be. In fact, the situation was so serious that your best friend, your sister, and even your mother...Barry Bonds Cites Typos In Defense
Barry Bonds for once makes a good argument about his defense. IN a 2001 legal document the government erroneously said that he flunked a drug test when in fact he passed it. That's a pretty serious 'typo'."SAN...
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