Public Finance

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Buffett Paulson Talk

AP News 7 hours ago

Billionaire Warren Buffett, left, and former U.S. Treasury Secretary Henry Paulson discuss the economy while on stage at the Greater Omaha Chamber of Commerce annual meeting in Omaha, Neb., Tuesday, Feb. 9, 2010. Paulson, who led the Treasury during the height of ...

Greece leads world stocks higher on EU rescue hope

AP News 10 hours ago

Greece leads European, US markets higher on hopes of EU support amid debt crisis European and U.S. markets rose Tuesday, with Greece leading the charge, on hopes that EU officials will provide the eurozone's most heavily indebted economies with some form of ...

Greece vows pension, wage reform as strike looms

AP News 10 hours ago

Greek cabinet discusses pension and wage reform as civil service strike looms Greece took further steps Tuesday to calm global markets spooked by its debt crisis, pledging to increase retirement ages, accelerate reforms and reform its ineffective tax system, on the eve ...

Bernanke's Congress hearing put off due to weather

Reuters US Online Report Politics News 10 hours ago

WASHINGTON (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke's scheduled testimony before Congress on Wednesday has been postponed due to inclement weather, the House of Representatives Financial Services Committee said on Tuesday. The hearing has not been rescheduled, the committee said. A ...

Greece leads European stocks higher on rescue hope

AP News 12 hours ago

Greece leads European, US markets higher on hopes of EU support amid debt crisis Greek stocks led European and U.S. markets higher on Tuesday on hopes that EU officials will provide the region's most heavily indebted economies with some form of support ...

China's CIC gives breakdown of U.S. equity stakes

Reuters US Online Report Business News 16 hours ago

BEIJING (Reuters) - China Investment Corp <CIC.UL>, the country's $300 billion sovereign wealth fund, has made its biggest U.S. equity bets in natural resources and financial stocks. A filing with the U.S. Securities and Exchange Commission detailed equity holdings in U.S. listed ...

Greek bailout speculation lifts euro

Reuters US Online Report Business News 17 hours ago

LONDON (Reuters) - The euro rose on Tuesday on speculation that European Union nations could bail out errant member Greece, while global stocks were flat and emerging market shares climbed. Expectations about a rescue for Greece followed news that European Central Bank ...

Iowa AG files charges over film tax credits

AP News yesterday

Filmmakers, ex-Iowa official accused of mishandling tax incentives meant to lure moviemakers Two filmmakers, their companies and the former manager of the Iowa Film Office were accused Monday of mishandling tax incentives designed to lure moviemakers to the state. The Iowa attorney ...

Fed's Dudley: Financial reform needs global scope

Reuters US Online Report Business News yesterday

WASHINGTON (Reuters) - A revamp of the financial system needs to be global in nature to prevent a repeat of the worst financial crisis in some 70 years, a top Federal Reserve policy maker said on Monday. "Although the raging crisis appears ...

Fed's Bullard: May see asset sales late 2010

Reuters US Online Report Business News yesterday

WASHINGTON (Reuters) - The Federal Reserve could sell some assets later this year in an effort to whittle down its bloated balance sheet to avoid inflation, a senior Federal Reserve official said on Monday. The Fed's purchases last year of longer-term Treasuries ...

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