Archive for February, 2010

Senate Continues Talks on Financial Reform Bill

Sunday, February 28th, 2010

Senate negotiators continue to work on a bipartisan financial regulatory-reform bill, following talks Saturday that yielded no “real progress”, according to one source.

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Senate Continues Talks on Financial Reform Bill

Details Emerge On Key Parts of Financial Reform Bill

Saturday, February 27th, 2010

Senate Banking Committee Chairman Christopher Dodd has offered a slightly watered-down proposal for a consumer watchdog agency for financial products in an effort to win Republican support.

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Details Emerge On Key Parts of Financial Reform Bill

Week Ahead: Jobs Report, Greek Bond Offering Loom

Friday, February 26th, 2010

U.S. jobs data and developments in the Greek financial crisis could be important catalysts for stocks in the week ahead.

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Week Ahead: Jobs Report, Greek Bond Offering Loom

Greek PM Says Worst Fears Confirmed on Economy

Friday, February 26th, 2010

Greek Prime Minister George Papandreou told parliament on Friday, after a visit by EU economic inspectors, that the worst fears about Greece’s economy had been confirmed.

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Greek PM Says Worst Fears Confirmed on Economy

‘You’re Wrong’ on Health Care, GOP Leader Tells President

Thursday, February 25th, 2010

Speaking at the White House healthcare summit, GOP Senator Lamar Alexander told President Obama: “You are wrong about your (health care) bill.”

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‘You’re Wrong’ on Health Care, GOP Leader Tells President

Mortgage Rates May Not Rise Much When Fed Support Ends

Wednesday, February 24th, 2010

Mortgage rates, which many feared would rise sharply when the Fed stops propping up the market at the end of March, may actually not budge much at all, analysts say

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Mortgage Rates May Not Rise Much When Fed Support Ends

Wednesday: Bernanke, Toyoda Testify Before Congress

Tuesday, February 23rd, 2010

Markets will hang on every word from Fed Chairman Ben Bernanke on Wednesday and Thursday, although investors are unlikely to hear anything new.

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Wednesday: Bernanke, Toyoda Testify Before Congress

Nearly 20% of US Workers Underemployed in Jan

Tuesday, February 23rd, 2010

Nearly 20 percent of the U.S. workforce lacked adequate employment in January and struggled to make ends meet, according to a Gallup poll released Tuesday.

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Nearly 20% of US Workers Underemployed in Jan

Obama Health Plan Would Cover 31 Million Uninsured

Monday, February 22nd, 2010

The White House unveiled President Barack Obama’s plan to overhaul the U.S. health insurance system to provide coverage for 31 million uninsured Americans and monitor private insurers’ rate increases.

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Obama Health Plan Would Cover 31 Million Uninsured

Schlumberger Agrees to Buy Smith International

Sunday, February 21st, 2010

Schlumberger said it has agreed to buy rival Smith International, in an $11.34 billion all-stock deal that will boost the oilfield-services leader’s revenue to double that of its nearest rival.

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Schlumberger Agrees to Buy Smith International