Economy - Most Commented

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Ben Bernanke in a Humvee: Why the Fed bailed out Europe

Nov 30, 2011
To better understand why central banks around the world today said they would "inject liquidity" into the global markets, you might imagine the global economy as a highway
Posted In: liquidity, Federal Reserve, Europe debt crisis

Standard & Poor's downgrades major U.S. banks

Nov 30, 2011
Pressure builds in Europe as clear signs begin to show that a default there would hit the U.S. banks hard.
Posted In: banking, Standard & Poor's, downgrade, Europe debt crisis

Private sector gains offset by continued government layoffs

Nov 30, 2011
John Challenger of Challenger, Gray & Christmas speaks about his company's November jobs numbers, which show some signs of improvement
Posted In: Jobs, unemployment, federal government

Dozens of financial institutions downgraded by S&P

Nov 30, 2011
Banks today are reeling, just a day after Standard & Poor's downgraded dozens of financial institutions all around the world -- including here in the United States.
Posted In: Standard & Poor's, downgrade, banking

Central banks announce joint plan to avoid credit crunch

Nov 30, 2011
To increase liquidity, the European Central Bank and the Federal Reserve are teaming up.
Posted In: Europe debt crisis, European Central Bank, Federal Reserve, credit crunch

PODCAST: Central banks join forces

Nov 30, 2011
The European debt crisis spreads to American banks. The National Labor Relations Board could speed up the process for elections. In light of recent scandals, universities are taking a closer look at candidates before hiring them on. And the end of Napster has finally come.
Posted In: European Central Bank, Federal Reserve, credit crunch

Illinois to vote on tax breaks for Sears, CME

Nov 29, 2011
Are tax credits beneficial to states or even necessary to keep companies from moving jobs elsewhere?
Posted In: Unemployment

Will the euro crisis repeat history?

Nov 29, 2011
The debt crisis in Europe is having a profound effect on banks there, and their ability to lend.
Posted In: Europe debt crisis

PODCAST: American Airlines takes a nosedive

Nov 29, 2011
What would a doomsday scenario in Europe look like? The Occupy movement has led protesters to take over a UBS building in London's financial district. In China, the government has put a ban on advertisements during primetime TV shows. And American Airlines flies towards... bankruptcy.
Posted In: American Airlines, Victoria's Secret, Europe debt crisis

Congressional gridlock could be good

Nov 29, 2011
If Congress doesn't do much this year, lets automatic cuts of $1.2 trillion kick in and the Bush tax cuts expire, that cuts $5 trillion from the deficit within a decade.
Posted In: Congress, Bush tax cuts

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