• House GOP leader who hopes to be next speaker suggests ‘cut-as-you-go’ rule for federal budget

    Updated: 2010-09-30 17:35:50
    House GOP leader suggests ‘cut-as-you-go’ budget WASHINGTON — The Republican leader who hopes to be the next speaker of the House is laying out his thoughts on what’s wrong with the place and how it can work better. House Minority Leader John Boehner (BAY-nur), who’s hoping that Republicans take control of the chamber in November, says that .... Source article   House GOP leader who hopes to be next speaker suggests ‘cut-as-you-go’ rule for federal budget.

  • Stocks retreat on last day of quarter as investors pocket profits from big September

    Updated: 2010-09-30 16:45:36
    Stocks pull back as investors take profits NEW YORK — Stocks retreated Thursday as investors decided to lock in profits at the end of a historically strong month. Indexes rose sharply just after the market opened following news that unemployment claims dropped and manufacturing activity in the Chicago area rose. But since the initial burst of buying, .... Source article   Stocks retreat on last day of quarter as investors pocket profits from big September.

  • Convenience store group says possible menthol cig ban could hurt business, create black market

    Updated: 2010-09-30 16:37:46
    Trade group pushes against menthol cig ban RICHMOND, Va. — A possible federal ban on menthol cigarettes could hurt convenience store business and create a black market for the minty smokes, a still-growing part of the shrinking cigarette market, the National Association of Convenience Stores said Thursday. The group is urging a Food and Drug Administration scientific .... Source   Convenience store group says possible menthol cig ban could hurt business, create black market.

  • Strong US economic data help world stock markets look past European debt problems

    Updated: 2010-09-30 15:30:54
    World markets mixed amid US jobs data, debt news LONDON — World markets were mixed Thursday as investors booked profits at the end of a month of solid gains and amid upbeat signs about the U.S. economy. Ireland’s announcement that it would sink billions more into its failed banks was greeted with equanimity. European stocks fluctuated all .... Source article   Strong US economic data help world stock markets look past European debt problems.

  • McDonald’s denies report it would drop health insurance unless government waives requirement

    Updated: 2010-09-30 15:24:14
    McDonald’s denies report of dropping health care OAK BROOK, Ill. — The fast-food restaurant chain McDonald’s Corp. has denied a report that it’s considering dropping health care coverage for some employees in response to a health care reform provision. The Wall Street Journal reported Wednesday that McDonald’s, the world’s largest hamburger chain, has warned regulators it could .... Source   Gaea News Network.

  • Ireland to pump €12 billion more into debt-hit banks; total bill to reach €45 billion

    Updated: 2010-09-30 14:41:54
    Europe debt crisis rolls on as Irish bailouts grow DUBLIN — Ireland will have to pump €12 billion ($16 billion) more into the country’s crippled banking system, dealing more grief to shellshocked Irish taxpayers. Coupled with the downgrade of Spain’s bonds by a third ratings agency, the news Thursday from Dublin provided more evidence that Europe has .... Source   Ireland to pump €12 billion more into debt-hit banks; total bill to reach €45 billion.

  • Job losses sends families flocking to low-income health insurance program

    Updated: 2010-09-30 14:34:25
    Medicaid enrollment spikes to 48M in weak economy WASHINGTON — More people signed up for Medicaid last year than at any time since the program’s inception, as the recession wiped out jobs and workplace health coverage. A report released Thursday by the nonprofit Kaiser Family Foundation found that enrollment in the safety-net medical insurance program jumped to .... Read the original article   Job losses sends families flocking to low-income health insurance program.

  • AIG announces plan to repay government; return to independent company after bailout

    Updated: 2010-09-30 12:09:03
    AIG reaches deal to repay government NEW YORK — AIG, which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit to taxpayers who footed the bill for AIG’s near collapse in September 2008. “This .... Read the original article   here.

  • Stock futures slip to end quarter as traders await reports on jobs, GDP

    Updated: 2010-09-30 12:02:43
    Stock futures slip on last day of quarter NEW YORK — Stock futures slipped Thursday as investors entered the last day of the quarter cautiously. An upcoming report on first-time claims for unemployment benefits and a final reading on second-quarter gross domestic product kept traders from making any big moves. Stocks are set to end the third quarter .... Original article   Stock futures slip to end quarter as traders await reports on jobs, GDP.

  • Stock futures show little movement on last day of quarter as traders await jobs, GDP data

    Updated: 2010-09-30 11:52:56
    Stock futures little changed to end quarter NEW YORK — Stock futures are little changed as investors enter the last day of the quarter cautiously. An upcoming report on first-time claims for unemployment benefits Thursday and a final reading on second-quarter gross domestic product are keeping traders from making any big moves. Investors have bid up stocks throughout .... Source article on Gaea Times at   Stock futures show little movement on last day of quarter as traders await jobs, GDP data.

  • Spain’s hurting economy hit hard again by Moody’s government debt downgrade

    Updated: 2010-09-30 11:34:27
    Spain’s hurting economy hit with debt downgrade MADRID — Spain’s hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation’s borrowing costs will likely rise as it struggles to cut its deficit amid gloomy economic recovery prospects. Moody’s Investors Service lowered the rating from Aaa ... Original article on : Spain’s hurting economy hit hard again by Moody’s government debt downgrade.

  • AIG to sell 2 Japanese life insurance units to Prudential Financial for about $4.2 billion

    Updated: 2010-09-30 11:27:57
    AIG to sell 2 Japanese units for $4.2 billion NEW YORK — AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two Japanese life insurance units to Prudential Financial Inc. for about $4.2 billion in cash. The transaction also includes $600,000 in .... Read the original article   here.

  • China tightens curbs on lending, plans tax in renewed effort to cool housing prices

    Updated: 2010-09-30 10:52:07
    China curbs lending in move to cool housing market SHANGHAI — China has tightened limits on mortgage lending and plans to roll out a new tax on home sales, acting once again to cool a property market that some fear is frothing into a bubble. The required downpayment for a first home purchases rises to 30 percent, .... Source   Gaea News Network.

  • China warns US currency bill might harm trade ties, violates global trade rules

    Updated: 2010-09-30 10:17:15
    China warns US currency bill might harm ties BEIJING — Beijing warned Washington on Thursday that economic ties might be damaged after American lawmakers escalated the conflict over China’s currency controls, inching the two economic giants closer to a trade war. The Commerce Ministry said a measure approved Wednesday by Congress to allow Washington to penalize governments .... Source article on Gaea Times at   China warns US currency bill might harm trade ties, violates global trade rules.

  • Ireland to put Allied Irish Banks under state control, pump billions more into 3 banks

    Updated: 2010-09-30 09:28:03
    Ireland to pump billions more into debt-hit banks DUBLIN — Ireland will take majority control of Allied Irish Banks and pump billions more into two smaller banks, driving the deficit to record levels and requiring more austerity measures, the government announced Thursday. Finance Minister Brian Lenihan said the latest figures were “horrendous but manageable,” and promised there ... Original source on Gaea Times at : Ireland to put Allied Irish Banks under state control, pump billions more into 3 banks.

  • SBI Clerk Interview Result 2010 Announced

    Updated: 2010-09-30 07:36:06
    NEW DELHI, INDIA (GaeaTimes.com) — Finally the much anticipated SBI Clerk Interview result is out. SBI has announced the results of 11000 clerks recruitment today. SBI, the largest public sector bank of India was expected to announce the results couple of months back. But took 3 weeks extra to make the merit list for more than ... Original article on : SBI Clerk Interview Result 2010 Announced.

  • Senate will consider bill to give FDA power to prevent foodborne illness after Nov. elections

    Updated: 2010-09-30 05:32:35
    Senate to take up food safety bill after elections WASHINGTON — The Senate will consider a food safety bill after the November elections that would give the Food and Drug Administration more power to prevent foodborne illness. Senate Majority Leader Harry Reid, D-Nev., laid the groundwork late Wednesday for a vote to end debate on the bill ... Read this article on Gaea Times at : Senate will consider bill to give FDA power to prevent foodborne illness after Nov. elections.

  • House sends Obama stopgap spending bill to avoid government shutdown

    Updated: 2010-09-30 05:24:14
    House clears stopgap spending bill for Obama WASHINGTON — With battle-weary lawmakers eager to bolt the Capital, the House is sending President Barack Obama a stopgap spending bill that’s needed to avert a government shutdown on Friday. The bill funds the government at current levels through early December. Lawmakers will return after the elections to vote on ... Read the original article on Gaea Times at : House sends Obama stopgap spending bill to avoid government shutdown.

  • Bernanke says Fed working with other regulators to put into effect big financial overhaul

    Updated: 2010-09-30 05:09:01
    Bernanke: Fed, others working on overhaul rules WASHINGTON — The Federal Reserve is working closely with other regulators to put into effect the most sweeping overhaul of U.S. financial rules since the Great Depression, Fed Chairman Ben Bernanke is telling a Senate panel. The new law, enacted in July, toughens government oversight of Wall Street and banks, .... Original source   Bernanke says Fed working with other regulators to put into effect big financial overhaul.

  • China criticizes US currency bill as protectionism, violation of global trade rules

    Updated: 2010-09-30 04:52:53
    China criticizes US currency bill as protectionism BEIJING — Beijing accused Washington of protectionism Thursday after U.S. lawmakers escalated the conflict over China’s currency controls, inching the two economic giants closer to a trade war. The Commerce Ministry said a measure approved Wednesday to allow Washington to penalize governments that manipulate exchange rates would not narrow the ... Read more .

  • Agree to our 51 percent control of businesses or stay away, Zimbabwe’s Mugabe tells investors

    Updated: 2010-09-30 01:57:55
    Agree to our terms or go, Zimbabwe tells investors HARARE, Zimbabwe — Zimbabwe’s president on Thursday told foreign investors that they must accept black Zimbabweans as the major shareholders in their projects — or stay away from the southern African nation. Strict empowerment laws scheduled for phased enforcement over the next five years require black Zimbabweans to ... Original source on Gaea Times at : Agree to our 51 percent control of businesses or stay away, Zimbabwe’s Mugabe tells investors.

  • Stock futures climb on last day of quarter after reports on unemployment claims, GDP

    Updated: 2010-09-30 01:41:13
    Stock futures climb on drop in unemployment claims NEW YORK — Stocks are set to end a strong September with more gains Thursday after new reports on unemployment claims and gross domestic product topped expectations. Thursday’s moves echo what has been driving stocks sharply higher throughout the month: investors are bidding up stocks as economic reports show .... Source   Stock futures climb on last day of quarter after reports on unemployment claims, GDP.

  • Economic growth slows sharply in spring at just a 1.7 percent pace; more weakness ahead

    Updated: 2010-09-30 01:35:30
    Economy loses speed in spring; more weakness ahead WASHINGTON — The nation’s economic growth tailed off sharply in the spring and probably isn’t faring any better now. Gross domestic product — the broadest measure of the economy’s health — expanded at a feeble 1.7 percent annual rate in the April-June quarter, The Commerce Department reported Thursday. That’s a ... Read more »raquo;»

  • Applications for unemployment benefits fall for third time in 4 weeks

    Updated: 2010-09-30 01:35:27
    Jobless benefit applications drop to 453K WASHINGTON — Applications for jobless benefits dropped last week for the third time in four weeks, a sign that employers are cutting fewer jobs. New claims for jobless benefits fell by 16,000 to a seasonally adjusted 453,000, the Labor Department said Thursday. Still, they are higher than they would be in ... Read more .

  • Ireland to pump euro12 billion more into debt-hit banks; total bill to reach euro45 billion

    Updated: 2010-09-30 01:18:16
    Ireland to pump billions more into failed banks DUBLIN — Europe’s debt crisis dumped more woe on Ireland’s weary taxpayers Thursday, as the government said it needed to pour billions more of their money into a collapsed banking system. Coupled with new that Spain’s bonds had been downgraded by a third ratings agency, the news from Dublin ... Read more .

  • Currency War: Fighting To Be Weaker

    Updated: 2010-09-29 15:37:00
    The world's biggest economies are fighting to make their currencies weaker. The idea is to boost exports.

  • Banks Keep Failing

    Updated: 2010-09-27 15:42:00
    Two more banks failed last week, bringing this year's total to 127 -- a pace that suggests there will be more bank failures this year than in any year since the early 1990s.

  • 10 Tip-Offs You’re Heading for a Debt Disaster

    Updated: 2010-09-09 04:13:08
    Like most of life's major problems, a debt disaster doesn't happen overnight. There are clear warning signs that crushing debt could grow out of control. Here are 10 Tip-Offs that you're heading for a debt disaster. See how you score. 1. Your bank account is consistently overdrawn. If you keep getting those thin ...

  • Debt Settlement Industry Responds to Misinformation

    Updated: 2010-09-09 04:13:07
    The Association of Settlement Companies (TASC), the debt settlement industry’s largest trade group, today responded to misstatements and inaccurate information released by Illinois Attorney General Lisa Madigan and the Chicago Sun-Times. “There are many good debt settlement companies who are helping tens of thousands of consumers resolve their debt when no ...

  • Debt Settlement – Fact Vs. Fiction: What You Need To Know About Debt Settlement

    Updated: 2010-09-09 04:13:05
    With the economy failing, consumers are finding their unsecured debt rising, coupled with limited resources to pay. What options do you have as a consumer to save your credit and avoid bankruptcy? The good news is that you have options, but with all of the companies out there trying to make ...

  • National Debt Resolution Is Committed To Consumers; Offering Reduced Rates

    Updated: 2010-09-09 04:13:04
    Phoenix, Arizona, April 2, 2010 -- National Debt Resolution, LLC, a division of NDR, Inc. is offering a tax season discount to consumers. Qualified consumers can enroll now for a reduced rate of 11.9%. The end of tax season is near and National Debt Resolution wants to give back and show ...

  • Great Article on How to improve, and keep up, your credit score

    Updated: 2010-09-09 04:13:02
    Paying down balances is the first step in getting your rating in order updated 1:19 p.m. MT, Wed., Dec . 30, 2009 function UpdateTimeStamp(pdt) { var n = document.getElementById("udtD"); if(pdt != '' && n && window.DateTime) { var dt = new DateTime(); pdt = dt.T2D(pdt); if(dt.GetTZ(pdt)) {n.innerHTML = dt.D2S(pdt,((''.toLowerCase()=='false')?false:true));} } } UpdateTimeStamp('633978011425030000'); NEW YORK - Your past is never really ...

  • 5 Evil Things Credit Card Companies Can (Still) Do

    Updated: 2010-09-09 04:13:01
    by Julianne Pepitone Saturday, October 24, 2009provided by The credit card reform bill tries to help cash-strapped customers, but companies are coming up with new ways to boost profits. The Bill Credit card companies are socking it to consumers left and right. They're hiking interest rates to as much as 36% and doubling minimum monthly ...

  • Right of Offset. How safe is Your Money in Your Own Checking Account?

    Updated: 2010-09-09 04:13:00
    If you deposit funds into a bank where you have a car loan, credit card, mortgage or any other debt, you likely have what’s called a “banking conflict”. You are housing assets where you also have liabilities and more often than not, the “right of offset” will apply. This means ...

  • What Kind Of Debt Qualifies For A Debt Settlement Program?

    Updated: 2010-09-09 04:12:58
    Not all debts are qualified to be entered into a debt settlement or debt negotiation program. Because of the nature of this type of debt relief and the process that is employed, only balances which are unsecured can be affected and reduced by this type of program. Unsecured Versus Secured Unsecured means ...

  • How Debt Settlement Affects and Helps Mend Your Credit Score

    Updated: 2010-09-09 04:12:57
    TRUTH – You will experience a negative impact with any debt reduction or debt elimination program. With that said, Debt Settlement will have the least negative impact of any debt relief option, especially when employed without a Third Party Assistance (TPA) notation on your credit report. This means that the company ...

  • Avoiding Bankruptcy - Bankruptcy Alternatives

    Updated: 2010-09-09 04:12:56
    Most people who are in debt are looking desperately for a way to avoid bankruptcy. They scramble to create new budgets, ways to spend less and make their pennies stretch further. Much to the dismay of countless consumers, it’s a relatively simple process to get into debt, but not so ...

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