U.S. News & World Report – Imagine if the U.S. economy grew just 1 percent per year over the next 20 years. The Dow Jones Industrial Average would plunge by 60 percent, to less than 4000. The average price of a home would fall by nearly 50 percent, …
Reuters – U.S. regulators said on Wednesday they charged New Jersey with securities fraud for not disclosing to municipal bond investors that it was underfunding its pensions.
Reuters – Sometimes technical indicators seem named just to see how much fear they can provoke.
Reuters – As Lehman Brothers spiraled to its doom in the summer of 2008, John Kasich could not help but worry. After all, Kasich, a former Ohio Congressman turned investment banker, had a chunk of his personal wealth invested in the free-falling firm.
AFP – Wall Street will keep a close eye on a key Federal Reserve policy meeting the coming week amid concerns the US economic recovery could stall following larger-than-expected job losses.
