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Total Items: 16096 Current Page: 1 Feed Date: 03/09/2010
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Oil edges up towards $82 on China import surge (Reuters)

A man refuels his car at a petrol station in Sydney October 26, 2009. REUTERS/Daniel MunozReuters - Oil reversed earlier losses to gain a few cents toward $82 on Wednesday after China said imports jumped in February, boosting evidence that emerging Asian economies will lead global demand back into growth this year.



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W.House's Romer: Too soon for spending clamp-down (Reuters)

Christina Romer, the Chair of U.S. President Barack Obama's Council of Economic Advisers, speaks about Economic Report of the President in the Briefing Room of the White House in Washington February 11, 2010. REUTERS/Kevin LamarqueReuters - Clamping down on spending now to cut the gaping U.S. budget deficit would be "pound-foolish" and derail the economic recovery, a top White House economic adviser said on Tuesday.



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Asia markets little changed as China exports surge (AP)

Traders work on the floor of the  New York Stock Exchange, Tuesday, March 9, 2010.(AP Photo/Mark Lennihan)AP - Asian stock markets were little changed Wednesday even as surging Chinese exports pointed to a pickup in global trade.



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Curbing derivatives might hurt, not help, Greece (AP)

Graphic shows monthly cost to insure $10 million in Greek bondsAP - Derivatives have become a dirty word.



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China February exports jump 45.7 percent (AP)
AP - China's exports rose in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise.
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Oil hovers above $81 amid mixed US inventory data (AP)

In this image released by Nord Stream on Tuesday March 9, 2010 shows the wheel of a 18th or 19th century  sailing ship seen in the waters of the Baltic Sea.   A dozen centuries-old shipwrecks  some of them unusually well-preserved  have been found in the Baltic sea by a gas company building an underwater pipeline between Russia and Germany, Swedish experts said Tuesday. The oldest wreck probably dates back to medieval times and could be up to 800 years old, while the others are likely from the 17th to 19th centuries, said Peter Norman, of Sweden's National Heritage Board. (AP Photo/Nord Stream, Ho)AP - Oil prices hovered above $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand.



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Jobless aid, tax breaks clear Senate hurdle (Reuters)
Reuters - Democratic efforts to spur job creation advanced in Congress on Tuesday as a $149 billion package of tax breaks and unemployment aid cleared a procedural hurdle in the Senate.
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Greece seeks U.S. help regulating speculators
Greek Prime Minister George Papandreou will seek President Obama's support at the White House on Tuesday for a European campaign to crack down on global financial speculation that critics say has exacerbated Europe's worst debt crisis in decades.


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Are unemployment benefits no longer temporary?
Millions of Americans have been forced to rely on unemployment payments for extended periods as the nation struggles through its longest period of high joblessness in a generation, and critics are taking aim, saying that the Depression-era program created as a temporary bridge for laid-off worker...


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Wall Street's role in Greek crisis should be no surprise
As I look at the uproar over Wall Street's role in the Greek crisis, one of the things I find most surprising is that anyone is surprised about Wall Street's conduct. You're upset that the Street helped Greece hide some of its debt and then began making bets that the debt wouldn't be paid? Welcome...


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