| Capital One sees credit card chargeoffs rising ), a large issuer of Visa and MasterCard branded credit cards, forecast on Tuesday that chargeoffs will keep going up, hurt by weakness in the housing market and more job losses. Ch ...[more] |
| Fed's Lockhart: Need to ensure U.S. recovery is durable "Now that growth has resumed, the overall objective of economic policy should be to bring about a durable recovery and an environment that reduces unemployment as quickly as possible while co ...[more] |
| Fed's Yellen sees risks to U.S. recovery Yellen said in a speech to a local organization she was not worried about inflation, arguing instead that the possibility of a problematic drop in consumer prices remains the greater risk. [more] |
| Stronger U.S. GDP seen in 2010: survey The Blue Chip Economic Indicators newsletter for November found forecasters had raised their 2010 projections for gross domestic product for a fourth straight month. However, they still expec ...[more] |
| Costco CFO: Fingers crossed consumers will spend ) is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season. "We still are ca ...[more] |
| Governments could take 7 years to exit bank stakes: PwC Any hopes of a swift government exit are misplaced, accountant PwC said, citing the experience of bailing out banks in countries such as Japan, Norway and Sweden and recent bank privatization ...[more] |
| Westfield sees U.S., UK stabilizing ), the world's biggest shopping mall owner, saw market conditions continuing to stabilize in the United States and Britain, and reconfirmed its 2009 earnings guidance. In a quarterl ...[more] |
| Dollar trouble, oil's bubble could derail recovery The greenback's decline this year has been lauded as good for America as it benefits earnings, stimulates exports and helps rebalance the U.S. economy. But runaway oil prices could be the Ach ...[more] |
| Costco CFO: Fingers crossed consumers will spend ) is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season. "We still are ca ...[more] |
| APEC ministers urge flexible FX to ease imbalances The 21-member Pacific Rim group includes China, which is under pressure, particularly from the United States, to allow its currency to rise, having effectively pegged it against the dollar si ...[more] |
| Dodd's super bank cop faces tough battle Christopher Dodd, chairman of the Senate Banking Committee, unveiled on Tuesday his highly anticipated version of financial regulatory reform, which calls for consolidating all federal polici ...[more] |
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