financial news

North AmericaGM may be mulling thousands of job cuts - ReutersSt. Louis Fed Economist: Let Mortgage Mess Resolve Itself - Housing WireHome Prices Fall in 23 of 25 U.S. Metropolitan Areas - BloombergTSX falls more than 300 points on…

PoliticsBritain must act to prevent an attack on Iran - FTCongress tries to tighten commodities loopholes - MarketWatchObama Faces Resistance From Top Supporters of Clinton - WSJEconomyGM Weighs More Layoffs, Sale of Brands - WSJRecession…

PoliticsBush to Keep Pressing Iran, North Korea on Nuclear Programs - BloombergArgentina agricultural-export tax clears a hurdle - MarketWatchAmerican Energy Policy, Asleep at the Spigot - New York TimesEconomyWhat Safety Net? The…

BankingThe Credit Crisis Is Going to Get Worse - WSJEuropean Banks May Need EU90 Billion, Goldman Says - BloombergUniCredit May Eliminate 2,500 Jobs at HVB, Euro am Sonntag Says - BloombergPost Wants EU10 Billion for Postbank,…

Financial News Soros: Oil Is a Bubble, But Crash Not Imminent Toll Brothers (TOL): Another Lousy Quarter, But At Least Bob Toll Stopped Blaming Media Merrill's Rosenberg: Stagflation Talk is "Utter Nonsense"…

Has Oil Production Reached a 'De Facto' Peak? Read It Here First: States' Impact on Economy States and Cities Impact On GDP Taleb's Harsh Assessment of Bankers, Economists, and the Fed Housing Woes Hit Affluent Middle-Class…

This is a Spanish-language only News Round-Up on the economic situation in Spain from El Pais.Zapatero pisa el acelerador por la crisis¿Crisis? ¿Qué crisis? "Escenario de dificultad", "periodo de ajuste fuerte" o "desaceleración profunda de…

Double, double, oil and trouble Thursday, May 29, 2008 9:41 AM Is it 'peak oil' or a speculative bubble? Neither, really. AFTER oil hit its recent record of $135 a barrel, consumers and politicians started to lash out in every direction.…

Updated throughout the dayMarketsTop UBS banker detained in US - The Guardian (05/07/2008)Bernanke Wants Fed to Pay Interest on Bank Reserves - Bloomberg (05/07/2008)USU.S. Economy: Worker Productivity Increases More Than Forecast -…

Updated throughout the dayMarketsMajor Asset Class 1,3,5,10 and 15 Year Returns - Safe Haven (05/06/2008)Why We Must Fix It - John Mauldin, Safe Haven (05/06/2008)Goldman's Murti Says Oil `Likely' to Reach $150-$200 - Bloomberg…