AP – Interest rates on short-term Treasury bills fell in Monday’s auction with rates on three-month bills dropping to the lowest level since the financial crisis in December 2008.
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Archive for October, 2011
Rates on Treasury bills fall at weekly auction (AP)
Energy Firm That Got Federal Help Seeks Protection
Beacon Power Corp. filed for Chapter 11 protection, listing assets of $72 million and debts of $47 million. It said its long-term financial prospects are strong, but that efforts to build its business have been capital intensive. Energy Department officials were quick to draw distinctions between Beacon and Solyndra Inc. » E-Mail This »...
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Comparing The Dow Panic Of 1907 To The 2008 Financial Crisis
pemstrongNote from dshort:/strong/em During the summer I posted a set of charts illustrating the dramatic market behavior during the a href=http://en.wikipedia.org/wiki/Panic_of_1907 target=_blankPanic of 1907/a and the Financial Crisis of 2008./p pA century separated these two momentous market episodes, and the underlying causes were quite different./p pHowever, the overall volatility and general patterns of decline...
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Obama takes executive action on drug shortages (Reuters)
Reuters – U.S. President Barack Obama signed an executive order on Monday to address an escalating shortage of life-saving medicines, his newest effort to advance social and economic measures that have stalled in Congress.
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‘Ghost Stories’: FBI Releases Documents, Videos Of Russian Spy Operation
Almost like a movie, the FBI says the videos show Russian spies trading bags at train stations and exchanging information wirelessly while shopping at a department store. » E-Mail This » Add to Del.icio.us
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Italy under pressure as bond yields climb (Reuters)
Reuters – Italian bond yields rose on Monday nearly to levels seen in August when the ECB intervened to shore up debt markets, indicating new concerns that problems in the euro zone’s third largest economy could threaten the entire bloc.
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7 Billion: Trick Or Treat For Crowded Countries?
Monday marks the birthday of the world’s seven billionth citizen, says the United Nations. What does it mean for consumption, congestion and urbanization, particularly in countries like India and Nigeria? Host Michel Martin speaks with Anand Giridharadas, author of India Calling, and Teju Cole, author of Open City. » E-Mail This » Add to...
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Exchange of the Day (Taegan Goddard’s Political Wire)
divShare With Friends: a href=”http://news.feedzilla.com/en_us/share/politics/top-stories/155721503?client_source=feedshare_type=0format=rss” title=”Share on Facebook” target=”_blank”img src=”http://cache.addthiscdn.com/icons/v1/thumbs/facebook.gif” border=”0″ width=”16″ height=”16″ alt=”Share on Facebook” style=”border:0; veritcal-align:middle; ” align=”absbottom” vspace=”1″ hspace=”2″ //aa href=”http://news.feedzilla.com/en_us/share/politics/top-stories/155721503?client_source=feedshare_type=1format=rss” title=”Tweet This” target=”_blank”img src=”http://cache.addthiscdn.com/icons/v1/thumbs/twitter.gif” border=”0″ width=”16″ height=”16″ alt=”Tweet This” style=”border:0; veritcal-align:middle; ” align=”absbottom” vspace=”1″ hspace=”2″ //aa href=”http://news.feedzilla.com/en_us/share/politics/top-stories/155721503?client_source=feedshare_type=2format=rss” title=”Post to Google-Buzz” target=”_blank”img src=”http://cache.addthiscdn.com/icons/v1/thumbs/googlebuzz.gif” border=”0″ width=”16″ height=”16″ alt=”Post to Google-Buzz” style=”border:0; veritcal-align:middle;...
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Japan intervenes to tame soaring yen ahead of G20 (Reuters)
Reuters – Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world’s No. 3 economy.
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Storm Closes Hundreds Of Schools Across Northeast
Thousands of schoolchildren had one of the earliest snow days in memory on Monday after a snowstorm dumped as much as 30 inches of wet, heavy snow that snapped power lines and trees, causing widespread power outages that threatened to disrupt Halloween trick-or-treating. » E-Mail This » Add to Del.icio.us
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Japan intervenes to tame yen ahead of G20 (Reuters)
Reuters – Japan sold the yen for the second time in less than three months after it hit another record high against the dollar on Monday, saying it intervened to counter speculative moves that were hurting the economy.
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Japan Intervenes In Currency Market To Weaken Yen
The dollar jumped about 5 percent against the yen Monday after Japan intervened to weaken the Japanese currency, whose recent appreciation has hurt the country’s vital exporters. » E-Mail This » Add to Del.icio.us
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