WASHINGTON (MarketWatch) — Federal Reserve Board Chairman Ben Bernanke denied Tuesday that he had hidden the true size of the bank’s emergency lending to Wall Street from Congress and the American people. (more)
WASHINGTON (AP) — The International Monetary Fund says the global financial system faces more challenges than at any point since the 2008 financial crisis. (more)
ABC NEWS — It’s one business that’s thriving in this rocky economy – lottery ticket sales. (more)
In its annual survey of 25 countries, GlobeScan asks respondents if the free market is the best system for the world’s future. (more)
LONDON — European officials on Thursday sought to calm fears over a possible financial collapse in Greece, saying that short-term aid to Athens was imminent, even as the euro slumped and concern heightened that debt troubles could engulf larger economies such as Spain. (more)
WASHINGTON (AP) — The Supreme Court decided on Monday not to stop the release of Federal Reserve Board documents identifying financial companies that received Fed loans to survive the financial crisis. (more)
Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system. (more)
A group of three conservatives on President Obama’s financial crisis inquiry commission called the final report of the panel “unbalanced” and “incorrect,” in a 27-page dissent from the more than 500-page document endorsed by a majority of members. (more)
WASHINGTON (AP) — The House’s major investigative committee will explore financial bailouts and the foreclosure crisis on Jan. 26, in the panel’s initial hearing this year. (more)
NEW YORK (AP) — The bleakest year in the foreclosure crisis has only just begun. (more)
ATHENS, Greece (AP) — Greek bond yields have hit another record high, exceeding benchmarch German bond rates by 10 percentage points for the first time. (more)
HARARE, Zimbabwe (AP) — Zimbabwe’s president said Saturday his party is ready to regain its political dominance, likening it to a fast-moving train that would crush those who stood in its way. (more)
DUBLIN (AP) — Ireland’s international bailout boosted its bank stocks Monday but outraged many hard-pressed taxpayers, who questioned why the government’s pension reserves must be ravaged as part of a deal that burdens the whole country with the mistakes of a rich elite. (more)
BRUSSELS (AP) — Europe’s debt crisis hit a critical juncture Tuesday, as finance ministers tried to keep Ireland’s market turmoil from triggering a domino effect that could topple other vulnerable nations like Portugal and rock the region’s currency union and shaky economic recovery. (more)
MEXICO CITY (AP) — A new study suggests there may be 100,000 fewer Hispanics in Arizona than there were before the debate over the state’s tough new immigration law earlier this year. (more)
Trying to solve our economic problems with more stimulus is like the captain of the Titanic trying to solve his iceberg problems with more acceleration. (more)
SEOUL, South Korea (AP) — A strong sense of pessimism shrouded the start of an economic summit of rich and emerging economies Thursday, with President Barack Obama and fellow world leaders arriving in Seoul sharply divided over currency and trade policies. (more)
LOS ANGELES (AP) — The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly. (more)
SEOUL, South Korea (AP) — Tensions over currencies and trade gaps are simmering ahead of a summit of global leaders this week as America’s move to flood its sluggish economy with $600 billion of cash triggers alarm in capitals from Berlin to Beijing. (more)
WASHINGTON — The Postal Service’s bid to raise the cost of mailing a letter by 2 cents was rejected Thursday, denying the agency immediate relief from a worsening financial crisis. (more)
























