Economy - Most Commented

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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

How Henry Paulson may have tipped hedge funds

Nov 29, 2011
Reporter Richard Teitelbaum discusses U.S. Treasury Secretary Henry Paulson and information given in advance to hedge fund managers on Fannie Mae and Freddie Mac interventions.
Posted In: treasury secretary, insider trading, Henry Paulson

What percent are you, really?

Nov 29, 2011
The Occupy Wall Street movement has rallied around the phrase "We are the 99 percent," but you might be surprised what you can earn and still fit that description.
Posted In: #OccupyWallStreet, Occupy, wealth

The could-be-worse economy

Nov 29, 2011
The monthly consumer confidence number came out today and it was up -- way up -- from last month. On a scale of 100, the November number was 56, compared with October's 41. That's the biggest one-month jump since 2003.
Posted In: consumer confidence

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