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  • US Debt Downgraded Again
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    The U.S. Federal Reserve initiated more economic stimulus. And the very next day the U.S. Government received another debt downgrade. Did one lead to the other- or is there more to the story? Amid last week’s headlines of Islamic terrorist attacks and domestic bomb threats, the news about another U.S. debt downgrade may have seemed anticlimactic.
  • GM losing $ on Volt, wants Government out
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    General Motors Co. sold a record number of Chevrolet Volt sedans in August -- but that probably isn't a good thing for the automaker's bottom line. Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.
  • Quantitative Easing 3 (QE3) and its impact
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    The Federal Reserve on Thursday said it would launch a major new round of bond buying, extending the unconventional actions the central bank has unleashed since the financial crisis to support the precarious economic recovery.
  • Economists Forecast Subdued Growth in 2012
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    Forecasters surveyed by The Wall Street Journal expect the economy to grow at such a subdued pace this year that unemployment will barely budge. Asked about the risks to their outlook, 70% of the economists said they think their forecasts are more likely to be too optimistic than too pessimistic.
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9-27-2012
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10-03-2012