Friday, July 24, 2009

ECB holds rate at record-low 1%Read full story for latest details.

Sunday, July 12, 2009

The death of the corner pharmacyEach morning that he unlocks the doors of Cottage Pharmacy, owner Ken Villani fights a losing battle.
Treasurys flatGovernment debt prices were little changed Tuesday ahead of the Federal Reserve's next debt buyback operation and several economic reports.

Tuesday, July 7, 2009

Bonds fall as Wells Fargo touts profitGovernment debt prices dropped Thursday as stocks rallied on Wells Fargo's first-quarter profit forecast.
Pain now, pleasure laterFinancial wheeling and dealing is out of fashion these days. So is the idea of suffering short-term pain in return for the prospect of long-term gain. But in honor of Tax Day, when we all ante up to Uncle Sam, here's a modest proposal: The U.S. Treasury should do some fancy financial dancing that would hurt taxpayers today but would save tons of money for taxpayers in the future.

Friday, July 3, 2009

Wells cashes in on mortgage boomWells Fargo's numbers show how the big banks hope to muddle through the deepest economic downturn in decades - with some help from their friends in Washington.
Dollar up against yen on Wells Fargo outlookRead full story for latest details.