Archive for November 13th, 2008

U.S. pitches free markets ahead of G20 summit (Reuters)

 U.S. pitches free markets ahead of G20 summit 
    (Reuters)Reuters - As world leaders headed to Washington for a weekend summit on the global financial crisis, the United States made a pitch for modest reforms instead of the stiffer regulation that some European countries favor.

Original post by Reuters and software by Elliott Back

Posted by

October retail sales expected to be weak (AP)

 October retail sales expected to be weak 
    (AP)AP - Consumers, the backbone of the economy, are taking a beating from the worst economic crisis in seven decades and there is little prospect of that letting up soon.

Original post by AP and software by Elliott Back

Posted by

Democrats hunt for support for auto bailout (AP)

 Democrats hunt for support for auto bailout 
    (AP)AP - Senate Democrats pressed ahead on Thursday with plans to vote next week on a $25 billion emergency loan plan for U.S. carmakers as the auto industry and business groups readied a lobbying onslaught to overcome GOP opposition.

Original post by AP and software by Elliott Back

Posted by

Citigroup shares drop, pressure on Pandit (Reuters)

Reuters - Citigroup Inc shares fell to their lowest level in 13 years on Thursday, raising pressure on Chief Executive Vikram Pandit and the bank's board to improve performance even as the global economy deteriorates.

Original post by Reuters and software by Elliott Back

Posted by