Saturday, March 26, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Fed's Bullard sees risks with "extended period" phrase (Reuters)

Posted: 26 Mar 2011 01:26 AM PDT

Reuters - Lengthening the "extended period" of low U.S. interest rates could encourage a liquidity trap, a top Federal Reserve official said on Saturday.

ECB close to liquidity deal for troubled banks: source (Reuters)

Posted: 26 Mar 2011 04:52 AM PDT

Reuters - The European Central Bank is putting the finishing touches on a new facility that will give troubled euro zone banks liquidity over a longer time frame, throwing a lifeline to Ireland's ailing banks.

Egypt stock market resumes decline after reopening (AP)

Posted: 24 Mar 2011 06:01 AM PDT

Egypt's stock exchange market's celebrates it's reopening after a nearly two-month closure, in Cairo, Egypt Wednesday, March 23, 2011. Egypt's benchmark stock market index has closed almost 9 percent weaker after a nearly two-month closure because of the mass protests that toppled former President Hosni Mubarak. (AP Photo/Nasser Nasser)AP - Egypt's benchmark stock index fell for the second consecutive day on Thursday, closing almost 4 percent lower but paring steeper losses earlier in the session as investors looked to unload holdings after the market's nearly two month closure.

US Treasury's Geithner to visit China March 31 (AFP)

Posted: 25 Mar 2011 12:53 PM PDT

US Secretary of the Treasury Timothy Geithner speaks during the Access to Capital Conference on March 22, at the Treasury Department in Washington, DC. Geithner will visit China next week, joining a group of G20 officials to discuss the global monetary system, the Treasury said Friday.(AFP/Getty Images/File/Alex Wong)AFP - US Treasury Secretary Timothy Geithner will visit China next week, joining a group of G20 officials to discuss the global monetary system, the Treasury said Friday.

Wall Street Beat: IT Earnings Boost Market Confidence (PC World)

Posted: 25 Mar 2011 02:00 PM PDT

PC World - Oracle, Red Hat and Micron earnings, along with good macroeconomic news, are pumping oxygen into tech stocks after the tragic March 11 earthquake in Japan disrupted markets worldwide.

EU commissioner optimistic for Spain, Portugal (AFP)

Posted: 26 Mar 2011 03:23 AM PDT

EU economic affairs chief Olli Rehn, seen here in March 15, said that he believed both Spain and Portugal could still avoid resorting to the EU's emergency bailout fund.(AFP/File/John Thys)AFP - EU economic affairs chief Olli Rehn said Saturday that he believed both Spain and Portugal could still avoid resorting to the EU's emergency bailout fund.

Judge allows suits against BofA to proceed (Reuters)

Posted: 25 Mar 2011 05:56 PM PDT

Reuters - A U.S. federal court judge has allowed Deutsche Bank AG and the mortgage unit of France's BNP Paribas SA to proceed with their lawsuits against Bank of America related to losses they incurred in connection with the collapse of mortgage lender Taylor Bean & Whittaker Mortgage Corp.

IMF sets aside total ?4.6 bn for Romania (AFP)

Posted: 25 Mar 2011 05:00 PM PDT

Local inhabitants walk between improvised shelters next to Pata-Rat's city dump in the outskirts of Cluj-Napoc, 480 km northwest from Bucharest, in 2009. The IMF approved a new ?3.6 billion loan for cash-strapped Romania on Friday, and said it would make ?1 billion available from a previously-announced loan.(AFP/File/Daniel Mihailescu)AFP - The IMF approved a new ?3.6 billion loan for cash-strapped Romania on Friday, and said it would make ?1 billion available from a previously-announced loan.

Neighborhood hit by mortgage crisis battles back (AP)

Posted: 26 Mar 2011 07:24 AM PDT

This Tuesday, Feb. 15, 2011 picture shows a discarded sofa in front of an abandoned house in the Windy Ridge subdivision of Charlotte, N.C. Many people sought the American Dream in starter homes here. But in this and a neighboring subdivision is a bitter lesson in how the mortgage disaster of the last few years came about, and the story of the gambles and errors that pushed the economy, and neighborhoods like this, over a cliff. (AP Photo/Bob Leverone)AP - There's only one way in to Windy Ridge — across freight train tracks that zipper up the subdivision on three sides. Living room windows offer views of a cardboard box factory and a Pepsi bottling plant. It's an unlikely place to come looking for the American Dream.

U.S. OKs 6th deepwater drill permit since BP spill (Reuters)

Posted: 25 Mar 2011 03:40 PM PDT

Reuters - The U.S. Interior Department said on Friday it approved a permit for Statoil to drill for oil in the deep waters of the Gulf of Mexico.

Tax Season: E-Filing Becomes the New Normal (LiveScience.com)

Posted: 25 Mar 2011 02:30 PM PDT

LiveScience.com - An overwhelming amount of taxpayers in recent years has been turning to the Internet to e-file taxes before Tax Day rolls around on Friday, April 15. The numbers are so large that the days of paper filing are quickly becoming a thing of the past.

Honda: Lack of parts may affect N. America plants (AP)

Posted: 25 Mar 2011 07:59 PM PDT

AP - Production will likely be interrupted at Honda Motor Co.'s six North America plants after April 1 due to a lack of critical parts as Japanese suppliers work to recover from earthquake and tsunami damage, the automaker said Friday.
Posted by Harshad at 9:28 AM

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