U.S. “in a deep mess” but we will fix it: Geithner
March 12, 2009
U.S. Treasury Secretary Timothy Geithner pledged on Tuesday to “do what is necessary” to jolt the United States out of recession but said the […]
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Monthly Archive March, 2009
Some companies still hiring despite recession
March 9, 2009
Job postings are a rare sight in a recession but experts say there is still work to be found in this rising sea of […]
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House OKs bill to modify mortgages
March 7, 2009
Bankruptcy judges could cut the mortgage debt of homeowners in bankruptcy court as a last resort to avert foreclosure, under a bill approved by […]
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Markets fall sharply on GM worries, financials
March 6, 2009
Stock markets sold off across the board today with financials especially hard-hit on U.S. downgrade worries while there was a sense of letdown that […]
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Puerto Rico may cut 30,000 government jobs
March 5, 2009
Puerto Rico’s Gov. Luis Fortuno has outlined a plan that would cut spending by $2 billion per year and slash government payrolls by what […]
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U.S. doesn’t want to escalate bank row: Swiss official
March 3, 2009
The Obama administration is not interested in escalating a dispute with Switzerland over bank secrecy laws, Switzerland’s top justice official said on Monday after […]
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Profit fears hit UBS
March 2, 2009
Shares in Swiss bank UBS AG fell sharply on Monday after its new chief executive was quoted as saying it could take two to […]
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Analyst predicts bad year for semiconductors
The semiconductor market’s fall has been dramatic, and it will continue through 2009 and beyond, according to market research firm In-Stat.
The Scottsdale, Ariz.-based company is […]
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