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Sunday, September 25, 2011

Bloomberg: El-Erian Sees Global Economy Slowing Next Year

El-Erian Sees Global Economy Slowing Next Year
By Simon Kennedy, Rich Miller and Gabi Thesing - Sep 25, 2011 06:09 PM PT

Pacific Investment Management Co., which runs the world’s biggest bond fund, is forecasting that advanced economies will stall over the next year as Europe slides into a recession, underscoring mounting investor concern about the global economic outlook.

CNNMoney: Euro crisis: three perspectives

EUROPE'S DEBT CRISIS
Euro crisis: three perspectives
By Ben Rooney September 25, 2011: 9:52 AM ET

WASHINGTON D.C. (CNNMoney) -- George Soros, the billionaire hedge fund manager and philanthropist, warned Saturday that failing to resolve the sovereign debt crisis in Europe could lead to a "real meltdown" of the global financial system.

Wednesday, September 21, 2011

CNNMoney: The Fed needs a little help from its friends

THE BUZZ
The Fed needs a little help from its friends
http://money.cnn.com/2011/09/21/news/economy/thebuzz/index.htm?iid=HP_River
By Paul R. La Monica @CNNMoney September 21, 2011: 2:42 PM ET


NEW YORK (CNNMoney) -- People like to use the metaphor "pushing on a string" to describe something that's ineffective. After all, you can pull a string. But you can't really push one.

USA Today: Rising rents lessen the affordability of housing

Rising rents lessen the affordability of housing
By Julie Schmit and Barbara Hansen, USA TODAY

More renters found housing unaffordable last year as incomes declined, and more are likely to be squeezed this year, given rising rents.

Tuesday, September 20, 2011

Fortune: How Italy can save itself

How Italy can save itself
http://money.cnn.com/2011/09/20/news/international/italy_downgrade.fortune/index.htm?iid=HP_Highlight
By Cyrus Sanati, contributor @FortuneMagazine September 20, 2011: 10:14 AM ET

FORTUNE -- The surprise downgrade of Italy's sovereign debt overnight by Standard and Poor's exposes the fatal flaws of pushing through draconian austerity measures on a nation experiencing economic weakness.

Monday, September 19, 2011

CNNMoney: Greek default: What it would mean

Greek default: What it would mean
http://money.cnn.com/2011/09/19/news/international/greek_default/index.htm?iid=Lead
By Chris Isidore @CNNMoney September 19, 2011: 4:45 PM ET


NEW YORK (CNNMoney) -- Experts agree it's almost certain that Greece will not be able to pay all of its debts. But if the country does default, what happens next?

Saturday, September 17, 2011

CNNMoney: Hundreds of protesters descend to 'Occupy Wall Street'

Hundreds of protesters descend to 'Occupy Wall Street'
By Julianne Pepitone @CNNMoneyTech September 17, 2011: 7:07 PM ET

NEW YORK (CNNMoney) -- Hundreds of demonstrators took to the streets of Manhattan's financial district on Saturday in a largely peaceful protest aimed at drawing attention to the role powerful financial interests played in wreaking havoc on America's economy.

Thursday, September 15, 2011

CNNMoney: IMF chief: Advanced economies crushed by debt

IMF chief: Advanced economies crushed by debt
http://money.cnn.com/2011/09/15/news/economy/world_debt_lagarde/index.htm?iid=HP_River
By Jennifer Liberto @CNNMoney September 15, 2011: 10:26 AM ET

WASHINGTON (CNNMoney) -- International Monetary Fund Managing Director Christine Lagarde sounded the alarm Thursday that global economies are in a "dangerous phase," in her first major speech in Washington since taking over as fund chief.

Wednesday, September 14, 2011

CNNMoney: Europe's debt crisis: 5 things you need to know

Europe's debt crisis: 5 things you need to know
http://money.cnn.com/2011/09/08/markets/europe_debt_crisis_/index.htm?iid=HP_River
By Ben Rooney September 14, 2011: 12:17 PM ET

NEW YORK (CNNMoney) -- It's been about 18 months since the sovereign debt crisis in Europe began attracting attention in global financial circles.

Thursday, September 8, 2011

Daily Caller: Newt Gingrich in debate: I’d fire Ben Bernanke as fed chairman

The Daily Caller

Newt Gingrich in debate: I’d fire Ben Bernanke as fed chairman
Published: 10:15 PM 09/07/2011

Former House Speaker Newt Gingrich said he would fire Federal Reserve Chairman Ben Bernanke if elected president in 2012.