Category Archives: News

On the Resurgence of Occupy Wall Street: Five Must-Read Books – Huffington Post

I hesitate to use the word resurgence in the title because it gives in to the specious claim of the dormancy of the movement, but resurgence does strike a chord. By most accounts mainstream media coverage of the Occupy Wall … Continue reading

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Geithner defends support for tough regulations – My Fox Boston

WASHINGTON — Treasury Secretary Timothy Geithner has called assertions he is resistant to tough new financial rules “ridiculous.” The former president of the Federal Reserve Bank of New York said there is no evidence he has tried to water down … Continue reading

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French deficit reduction plan ‘faster than UK’, Cameron – BBC News

David Cameron has said the newly elected Socialist French president has a “faster” deficit reduction target than the UK’s. The prime minister was speaking ahead of the G8 summit where he will have his first face-to-face talks with Francois Hollande. … Continue reading

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Morocco consumer price inflation jumps to 1.2 pct y/y – Reuters

Food prices, which make up about 40 percent of the consumer price index’s total weighting, rose 2.7 percent in April compared with a year ago, data from the High Planning Authority showed. A month earlier, food prices were up an … Continue reading

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TEXT-Fitch: Strong Q112 EMEA corporate bond issuance bucks negative rating drift – Reuters UK

May 17 – Fitch Ratings says that EMEA corporate issuers capitalised on the LTRO-induced recovery in market sentiment and tighter pricing at the start of Q112 to issue EUR245bn in bonds (EUR355bn including covered bonds), an 8% improvement on Q111. … Continue reading

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Obamacare repeal would cost insurers $1 trillion – Washington Post

Next month, America’s health insurance plans may lose $ 1 trillion in revenue. The figure comes from Bloomberg Government, where number crunchers have taken a look at what happens if the Supreme Court strikes down the Affordable Care Act and … Continue reading

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Kroll Bond Rating Agency Assigns Preliminary Ratings to JPMCC 2012-WLDN – Marketwatch

NEW YORK, May 15, 2012 (BUSINESS WIRE) — Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings for the JPMCC 2012-WLDN transaction (see ratings list below). JPMCC 2012-WLDN is a $ 270 million CMBS single … Continue reading

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Consumer Price Index unchanged in April – United Press International

WASHINGTON, May 15 (UPI) — The Consumer Price Index was unchanged in April on a seasonally adjusted basis, the U.S. Commerce Department said Tuesday. On a 12-month basis, the CPI for all items rose 2.3 percent before seasonal adjustment, the … Continue reading

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Letter:Voters, act to stop runaway spending before it’s too late – Quad Cities Onlines

Most are familiar with the expression, “your chances are slim and none and Slim is leaving town.” Politicians, local, state and federal are spending us into oblivion and unless we voters take action to stop runaway spending, our chances for … Continue reading

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Chevron 1Q profits rise 4 pct on higher oil prices – Yahoo Finance

NEW YORK (AP) — Chevron Corp. said Friday that profits rose 4.2 percent in the first quarter as it sold oil for higher prices. The San Ramon, Calif. energy giant reported net income of $ 6.47 billion, or $ 3.27 … Continue reading

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