Archive for January, 2010

US Clears Toyota’s Gas Pedal Fix, Dealers to Get New Parts

Saturday, January 30th, 2010

Federal regulators have cleared Toyota’s  plan to fix millions of sticky gas pedals, and dealers could get parts to make the repairs as early as Thursday or Friday.

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US Clears Toyota’s Gas Pedal Fix, Dealers to Get New Parts

Obama: Cutting Deficit as Important as Job Growth

Saturday, January 30th, 2010

President Barack Obama said Saturday that trimming budget deficits is as important as creating jobs, his top domestic priority this year, to continue the economic recovery that appears under way.

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Obama: Cutting Deficit as Important as Job Growth

Pimco’s El-Erian: US Economy Will Reset Slowly This Year

Friday, January 29th, 2010

The chief executive of the world’s biggest bond fund on Friday questioned whether it is too soon to say 2010 is a post-crisis year.

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Pimco’s El-Erian: US Economy Will Reset Slowly This Year

US Industrials Remain Cautious on Choppy Economic Recovery

Thursday, January 28th, 2010

Profits at U.S.

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US Industrials Remain Cautious on Choppy Economic Recovery

Obama’s Message to Angry Americans: I Hear You

Thursday, January 28th, 2010

The message was targeted at U.S. citizens frustrated at high unemployment and ballooning budget deficit, and skeptical of the President’s handling of the U.S. economy.

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Obama’s Message to Angry Americans: I Hear You

China Sees Inflation Signs, but Remains Accommodative

Wednesday, January 27th, 2010

China’s economy will grow in 2010 at a similar rate to the previous year, but it is starting to see signs or inflation forming, People’s Bank of China Deputy Governor Zhu Min told CNBC at the World Economic Forum Wednesday.

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China Sees Inflation Signs, but Remains Accommodative

Atten. Bargain Hunters: More Homes Going Into Foreclosure

Tuesday, January 26th, 2010

“The key factor is whether the buyers are ready to purchase distressed sale properties, and right now we are seeing that they are,”  says the NAR’s chief economist. 

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Atten. Bargain Hunters: More Homes Going Into Foreclosure

Apple Reports Big Sales Jump That Outpaces Expectations

Monday, January 25th, 2010

The tech bellwether reported a profit and sales that easily beat analysts’ expectations, but the company’s shares moved lower in extended trading.

Link:
Apple Reports Big Sales Jump That Outpaces Expectations

SEC Mulled National Security Status for AIG Bailout Details

Sunday, January 24th, 2010

U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the insurance giant’s bailout like a request to protect matters of national security, documents show.

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SEC Mulled National Security Status for AIG Bailout Details

Bernanke Likely Has Votes to Gain Second Term: Analysis

Saturday, January 23rd, 2010

An analysis by CNBC shows Fed Chairman Ben Bernanke is likely to win confirmation, though he will likely draw more opposition than any chairman in recent history.

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Bernanke Likely Has Votes to Gain Second Term: Analysis