It’s been a long way back, but two of the most widely watched stock market barometers are now trading right around where they were before the financial excrement really hit the fan in September 2008.
The Dow closed Tuesday at 11,476.54, its highest close since September 8, 2008 — a week before the bankruptcy of Lehman [...]
Posts Tagged ‘global economic’
Are the markets back? Reply is hazy - The Buzz
December 15th, 2010 by Financial Writer
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more...Government plans three new measures to bolster economy
December 6th, 2010 by Financial Writer
Canada’s Conservative government will introduce three new measures in coming weeks to bolster the country’s economy”>
Christopher Furlong/Getty Images
Canada’s Conservative government will introduce three new measures in coming weeks to bolster the country’s economy
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Paul Vieira, Financial Post · Thursday, Sept. 16, 2010
The federal Conservative government plans to introduce three new measures in the coming weeks aimed [...]
Tags: 2012, au, bank, barack obama, ben, benefits, business, Canada, consumer, Debt, economic, economic growth, economic recovery, economist, economists, economy, fed, federal government, financial, glo, global economic, government, government spend, housing, interest rate, job, jobs, monetary, money, obama, president, prime minister, rate, recession, spending, unemployment, us, visa
Carney, Volcker see long haul to recovery
November 20th, 2010 by Financial Writer
The world economy faces a long, hard slog toward recovery and could slide into deflation and financial instability if leaders fail to deliver on promises of reform, top policy markers said on Friday.
At a conference in Calgary, White House special adviser Paul Volcker warned it would likely take years for the American economy to [...]
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Fed, ECB throwing world into ‘chaos’: Stiglitz
November 13th, 2010 by Financial Writer
Ultra-loose monetary policies by the U.S. Federal Reserve and the European Central Bank are throwing the world into “chaos” rather than helping the global economic recovery, Nobel Prize winning economist Joseph Stiglitz said on Tuesday.
A “flood of liquidity” from the Fed and the ECB is bringing instability to global foreign exchange markets, Mr. Stiglitz told [...]
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Euro Drops Five-Week Low Versus Dollar as Weber Cites ECB Liquidity Plan
August 20th, 2010 by Financial Writer
The euro fell to the lowest level in five weeks against the dollar after European Central Bank council member Axel Weber said the region’s economy may need help from the central bank through the end of the year.
The shared currency dropped to the least since July 1 versus the Swiss franc after Weber told Bloomberg [...]
Tags: businesses, economic growth, economists, economy recovery, european central bank, financial, global economic, home sales, us economy
Stocks struggle to rise
June 30th, 2010 by Financial Writer
Stocks struggled to gain Wednesday after a weaker-than-expected jobs report killed some momentum toward a market rebound.
The Dow Jones industrial average (INDU) was up slightly, while the S&P 500 (SPX) gained 0.4% and the Nasdaq (COMP) was up about 0.7%.
The ADP report showed less of a job-market gain than economists had hoped, which dented stocks [...]
Tags: businesses, Dow Jones Industrial, economic recovery, economists, global economic, Nasdaq composite, stocks, world markets
U.S. must lead global economic recovery
October 12th, 2009 by Financial Writer
U.S. Secretary of State Hillary Clinton, visiting recession-bound Ireland, said on Sunday the United States was working hard to fix its own economy so it could propel growth in the rest of the world.
“We’re very conscious of the fact that the United States must right its own economic boat in order to lead the global [...]
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