Written by The crush of multiple snowstorms over the past week may have frozen economic activity for a couple days, but they are unlikely to ice the economy’s rebound. READ MORE »
Posts tagged businesses
FOREX-US jobs gain boosts dollar, Greek worries linger
* US employment grows at fastest pace in 4 yrs, boosts dlr
* Euro rebounds; G7 finance officials discuss Greece
* Euro on track for biggest weekly loss since Oct 08
* Sterling hits 1-yr low on uncertainty after UK vote (Updates prices, adds comment, US data, changes byline, dateline) READ MORE »
Gold arrests slide made after EU rescue deal
Gold cut early losses of near 2 percent on Monday amid expectations a $1 trillion aid package aimed at alleviating the euro zone’s debt crisis could cement easier monetary policy, and potentially spark inflation. READ MORE »
WORLD FOREX: Euro Recovers In Calmer Trading Environment
TORONTO (Dow Jones)–The euro is higher Tuesday morning as market players trim their negative bets against the common currency in the absence of new developments in the euro-zone sovereign debt crisis. READ MORE »
Cost of Seizing Fannie and Freddie Surges for Taxpayers
Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year. They owned 163,828 houses at the end of March, a virtual city with more houses than Seattle. The mortgage finance companies, created by Congress to help Americans buy homes, have become two of the nation’s largest landlords. READ MORE »