Archive for the ‘Business News’ Category

For One Couple, A Mortgage Nightmare Has a Happy Ending

Saturday, December 25th, 2010

Should homeowners be foreclosed upon en masse, or should banks work with them to reduce the loans to levels that homeowners can manage? The New York Times reports.

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For One Couple, A Mortgage Nightmare Has a Happy Ending

Experts Cite Rising Hopes for Recovery in Coming Year

Friday, December 24th, 2010

The government’s latest measures to bolster the economy have led many forecasters and policy makers to express new optimism that the recovery will gain substantial momentum in 2011, the New York Times reports.

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Experts Cite Rising Hopes for Recovery in Coming Year

Small Caps Have Upside, but Market Pros Advise Caution

Friday, December 24th, 2010

Small cap stocks have been on a tear and by many forecasts, should continue to rise into the new year, but market pros warn that valuations are high for smaller firms, and some are betting more on large companies.

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Small Caps Have Upside, but Market Pros Advise Caution

For Housing to Recover, It Comes Down to Confidence

Thursday, December 23rd, 2010

There’s no historical context for the sad state of the current housing market. But the minute Americans see a real reason for hope, a lift from the bottom—and a potential for profit—housing will come roaring back.

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For Housing to Recover, It Comes Down to Confidence

Investors Enter 2011 in Bullish Mood, Equity Holdings Rise

Thursday, December 23rd, 2010

Investors are entering 2011 in a relatively bullish mood, raising equity holdings to a 10-month high, increasing exposure to high-yield credit and cutting back on government debt, Reuters polls showed on Wednesday.

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Investors Enter 2011 in Bullish Mood, Equity Holdings Rise

Bankers Worldwide Brace for 7% Drop in Bonuses: Poll

Wednesday, December 22nd, 2010

From Wall Street to the City of London to Hong Kong’s Central District, bankers are bracing for bonuses to be down, and higher salaries will only partially cushion the hit, a Reuters/IFR global poll shows.

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Bankers Worldwide Brace for 7% Drop in Bonuses: Poll

Student Loan Reforms Putting Taxpayers on Hook for Billions

Monday, December 20th, 2010

The dramatic rise in student debt—and in student loan defaults—could leave US taxpayers on the hook for hundreds of billions of dollars. The reason: A little-noticed provision in the healthcare law signed by President Obama last March.

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Student Loan Reforms Putting Taxpayers on Hook for Billions

Sales Strong as Final Days Before Christmas Draw Near

Monday, December 20th, 2010

Cash registers are continuing to ring up big sales as retailers close in on December 25, easing fears of a front-loaded holiday season.

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Sales Strong as Final Days Before Christmas Draw Near

Seoul to Go Ahead with Drills Despite Threats of War

Sunday, December 19th, 2010

South Korea will go ahead with live firing drills from a disputed island  on Monday, local media said, despite threats of attack by Pyongyang and pressure from Russia and China to cancel the exercise. 

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Seoul to Go Ahead with Drills Despite Threats of War

Wall Street Hopes Weekend Before Christmas is Merry

Saturday, December 18th, 2010

Investors are hoping for a big turnout this weekend to help lift retail stocks, which have trailed the broader market since Black Friday, the traditional day-after-Thanksgiving kickoff to the holiday season

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Wall Street Hopes Weekend Before Christmas is Merry