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Tax break for financiers hard to kill
November 28, 2009 - 0 comments

Washington -- A tax break for U.S. financiers up for debate in the House Ways and Means Committee is indefensible, but not ready for termination, a committee member said.

Dubai debt impacting British banks
November 28, 2009 - 0 comments

London -- British Prime Minister Gordon Brown said British banks should survive losses caused by a Middle East development company defaulting on $80 billion in debt.

Lending up nominally in Britain,
November 20, 2009 - 0 comments

London -- Lending in Britain rose 5 percent from September to October due to seasonal factors, not improved business conditions, a mortgage association said.

Mid-Atlantic manufacturing up slightly
November 20, 2009 - 0 comments

Phildelphia -- The Philadelphia Federal Reserve Bank said new manufacturing orders and shipments improved in the mid-Atlantic region, the most recent survey indicates.

Fed official: Expect low interest rates
November 19, 2009 - 0 comments

St. Louis -- St. Louis Federal Reserve Bank President James Bullard suggested Wednesday the U.S. central bank could keep interest rates unchanged until 2012.

Bank of Russia poised to purchase gold
November 17, 2009 - 0 comments

Moscow -- A Bank of Russia spokesman said the central bank was ready to buy whatever gold the the State Depository for Precious Metals and Gems has for sale.

Economic bloggers take Treasury field trip
November 17, 2009 - 0 comments

Wshington -- Financial bloggers said an invitation to meet U.S. Treasury officials took the inkless writers by surprise and had some influence.

Dodd presents financial regulatory bill
November 11, 2009 - 0 comments

Washington -- Sen. Christopher Dodd, D-Conn., Tuesday floated a bill that would restructure the U.S. regulatory system overseeing the complex financial services sector.

Construction spending turns higher
November 3, 2009 - 0 comments

Washington -- Spending on private and public construction in the United States turned higher in September compared with August, the U.S. Commerce Department said Monday.

RBS says it may sell unexpected assets
November 3, 2009 - 0 comments

London -- The Royal Bank of Scotland, under pressure from the European Commission, said it may sell some unexpected assets to pay for it's government bailout.