Hints and tips:
...Joseph Simons, the chairman of the Federal Trade Commission, has pledged “vigorous” antitrust enforcement, including hearings later this year on competition and consumer protection....
...Anecdotal evidence of an emerging credit crunch in Italy seems to have registered, especially with the League, which draws a significant part of its support from small and medium-sized businesses in Northern...
...At 2000 GMT, October credit extended to US consumers is expected to show an $18bn increase, down from a $29bn increase in September....
...The data showed a 3.5 per cent increase regionally (Illinois, Indiana, Iowa, Michigan and Wisconsin), while national output increased 2.1 per cent....
...(Wall Street Journal) Markets: Stocks and commodities rallied as the recent market fretting over reduced Federal Reserve stimulus and a credit crunch in China continued to fade....
...One bank named at the top here (the case was filed in the US District Court, Central District of California) is the then-named Western Corporate Federal Credit Union, which was taken over by regulators in...
...- Elon Musk v John Broder continues. - Scott Adams on robots. - Further, further further reading....
...The US lost its AAA credit rating for the first time. A repetition cannot be ruled out after November when the “lame duck” Congress will be asked to raise the debt ceiling again....
...A group of pension funds from Indiana opposed the deal at the Supreme Court....
...Title V of the Budget Control Act details reductions to federal student loan grants, subsidised loans for graduate students, and financial incentives to pay loans early. 4. Stimulus supporters....
...Gallo, United States v. Gioia, United States v. Messina and United States v....
...Should Mr Walker get his way, governors in other states such as Indiana, Ohio and Iowa seem likely to follow his lead and move to curb union bargaining power....
...Indiana Democrats seeking to block “right-to-work” legislation, which would outlaw making union membership a condition of employment, also fled to Illinois last week, while thousands protested outside the...
...Revising forecasts down for the first time since 2009, Ben Bernanke, Federal Reserve chairman, told Congress last week that the US outlook was “unusually uncertain”....
...Sergio J V Gasparian, Sao Paulo, Brazil DT: No I don’t think that in the coming 2-3 years emerging economies will need to withstand a serious debt crisis....
...These were times that tested the courage of our convictions, and the strength of our union....
...Following a Republican triumph in the mid-terms of 1994, the party over-reached in its campaign against Bill Clinton’s presidency, shutting down the federal government....
...But if credit markets were working well, the opportunities for credit easing (which is premised on abnormal liquidity and spreads) would be limited and the Fed would shift emphasis to focus on the risk-free...
...Or as Paul Volcker, the former Federal Reserve chairman who heads the advisory board, bluntly put it: “We cannot have so much consumption.” Additional reporting by Sarah O’Connor...
...They promised to take $1 salaries as the price of federal aid....
...The “peer-to-peer” feature, meanwhile, aims to empower trade partners by eliminating credit intermediaries....
...That successor – the Federal Reserve to whose good faith and credit Jackson now lends his face – was a long time coming, not established until 1913....
...During the 1920s and 1930s, the United States, acting through the Federal Reserve, repeatedly had to support the Bank of England and the Bank of France when periods of tight credit and the outflow of funds...
...Standard & Poor’s last week lowered the credit ratings of two big suppliers and placed 13 others on review....
...More of you have cars you can’t afford to drive, credit card bills you can’t afford to pay, and tuition that’s beyond your reach. These challenges are not all of government’s making....
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