Sept . 15, 2009 – Ben Bernanke: “From a technical perspective, the recession is very likely over at this point.”
Oct. 2, 2009 – Unemployment rises to 9.8% after 263,000 job cuts last month
The recession is over. 9.8% is still 0.2 less than 10! Yay!
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Etc. Etc. Etc.
WSJ- Bankruptcy Court Is Traders' Battleground 3: 00 am, September 7, 2010Traders in the beaten-down bonds and loans of troubled companies have turned bankruptcy court, which was created as a place for ailing firms to heal, into a venue for large investors to apply their sophisticated techniques in quest of profits. […]
- Mark Hurd Hired by H-P Rival Oracle 2: 51 am, September 7, 2010Mark Hurd was named co-president of Oracle, heightening the rivalry between the software company and Hewlett-Packard, the technology giant he ran until departing amid a scandal last month. […]
- Obama to Push Tax Break 2: 46 am, September 7, 2010President Obama will propose that companies be allowed to write off 100% of their new investment in plants and equipment through 2011, a plan that White House economists say would cut business taxes by nearly $200 billion over two years. […]
- Hon Hai Looks to China's Interior 2: 43 am, September 7, 2010Hon Hai is investing in China's hinterland, as the electronics titan bets that the country can retain its role as the world's factory floor for decades. […]
- Barclays to Tap Diamond as CEO 2: 39 am, September 7, 2010Barclays is expected to name its president and investment-banking chief, Robert E. Diamond, as chief executive, succeeding current boss John Varley. […]
- Where's the Appetite for Risk? 2: 20 am, September 7, 2010From stocks to bonds to commodities, the question is when investors will want to take on more risk. Was last week's run-up, the Dow Industrials' best pre-Labor Day week in two decades, the start of a fall rally or just another surge to be followed by an equivalent decline? […]
- Inquiry Zeroes In on Google 2: 18 am, September 7, 2010Plan to buy travel-search software firm ITA raises two competition issues for U.S. regulators. […]
- Airgas Bid Raised By Suitor 2: 08 am, September 7, 2010Air Products & Chemicals raised its cash offer for smaller rival Airgas to $65.50 a share, or $5.48 billion, in its hostile takeover bid. […]
- Medical Journal Urges U.K. to Pull Avandia 2: 03 am, September 7, 2010The British Medical Journal said diabetes drug Avandia should be withdrawn from sale. But GlaxoSmithKline said it has extensive documentation of the drug's benefits. […]
- Stress Tests Missed Debt at EU Lenders 2: 02 am, September 7, 2010Europe's recent "stress tests" of the strength of major banks understated some lenders' holdings of potentially risky government debt, a Wall Street Journal analysis shows. […]
- Bankruptcy Court Is Traders' Battleground 3: 00 am, September 7, 2010
- BBC
- Strike severely disrupts Tube 8: 01 am, September 7, 2010Services on the London Underground are severely disrupted on the first morning of a series of 24-hour strikes. […]
- Cameron back from paternity leave 7: 58 am, September 7, 2010Prime Minister David Cameron returns to work following a spell of paternity leave. […]
- Indian unions protest price rises 7: 40 am, September 7, 2010A 24-hour nationwide strike called by trade unions causes major disruption in parts of India. […]
- Gillard to stay as Australian PM 7: 37 am, September 7, 2010Julia Gillard is to remain as Australia's prime minister after winning the backing of two key independent MPs. […]
- EU gets Barroso 'state of union' 7: 31 am, September 7, 2010The European Commission President, Jose Manuel Barroso, highlights unemployment as a major challenge, in his first "state of the union" speech. […]
- Service to commemorate the Blitz 7: 30 am, September 7, 2010A remembrance service is to be held later to mark the 70th anniversary of the start of the Blitz. […]
- Police plea to dead baby's mother 7: 21 am, September 7, 2010Detectives investigating the death of a newborn baby found dumped in a garden are still trying to trace the mother. […]
- Burma leader begins China visit 7: 20 am, September 7, 2010Burma's military leader, General Than Shwe, is starting a five-day visit to China to seek support for planned national elections later this year. […]
- Dublin Mayor expects Queen visit 7: 17 am, September 7, 2010The Lord Mayor of Dublin says he expects Queen Elizabeth to visit the city within the next 12 months. […]
- Efforts to save boats in harbour 7: 14 am, September 7, 2010Fire crews working to save two fishing boats from sinking in a Fife harbour after the east coast was hit by severe winds overnight. […]
- Kobayashi to remain with Sauber 7: 09 am, September 7, 2010Japanese driver Kamui Kobayashi will remain with Sauber for the 2011 season, the Formula 1 team have confirmed. […]
- ME 'virus link' found in children 7: 07 am, September 7, 2010ME, or Chronic Fatigue Syndrome, in children could be caused by a virus, scientists say. […]
- Housing group 'near administration' 7: 07 am, September 7, 2010Connaught, the property services group that specialises in social housing, is on the brink of going into administration, the BBC learns. […]
- What to do if you get a tax letter 7: 02 am, September 7, 2010Thousands of people will find out if they have been undercharged or are overpaid by the taxman. Up to six million people have been paying the wrong amount and the treasury says it cannot afford to write off the money. […]
- France strikes over pension plans 7: 00 am, September 7, 2010France is braced for disruption as a strike over pension reform gets under way, with parliament also debating a ban on full face veils and a security bill. […]
- Strike severely disrupts Tube 8: 01 am, September 7, 2010
When Can Bernie Madoff Invest My Money Again?
