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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

Fairfax, Va.: Land of corporate headquarters and 4.6 percent unemployment

Nov 28, 2011
One country in Virginia is managing to survive and prosper even as the country at large has ongoing financial problems.
Posted In: Washington D.C., unemployment, Virginia

PODCAST: Black Friday's leftovers

Nov 28, 2011
The national retail federation says sales over the last 4 days jumped 16 percent from last year. Consumers spent an average of 398 dollars on Black Friday-- and Black Thursday, and all Black Saturday and Sunday. And about 40 percent of that shopping was done online.
Posted In: Europe debt crisis, Black Friday

President Obama meets with euro officials on crisis

Nov 28, 2011
President Obama is hosting some top European Union officials at the White House this morning, as concerns grow about what the debt crisis in Europe could do to the American economy.
Posted In: Europe debt crisis, government bonds, banking, too big to fail

Monday morning, you sure look fine

Nov 28, 2011
The markets hit a November high, with the key indexes up between 2 and 3 percent all day. Driven by news that the European Union may have a new plan to contain its debt crisis and record holiday retail sales over the weekend, investors came out of their tryptophan haze, saying "Buy!"
Posted In: stock market

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