Gross Says U.S. Economy Suffering From

Bill Gross, manager of the world

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King Faces 10 Days of Angst on BOE Stimulus as Recession Festers - Bloomberg

Bank of England Governor Mervyn King has 10 days left to make up his mind on whether he can risk halting stimulus for an economy trying to shake off a recession.
Reports starting tomorrow on manufacturing, construction and services, as well as consumer credit and house prices, will set the scene for data crunching by […]

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Few expect major shifts as Fed ends policy meeting

The Federal Reserve has given the public increasingly more information about its work and its thinking. More doesn’t always mean more revealing.
Investors aren’t expected to learn much from the Fed’s latest policy statement Wednesday or from its updated economic forecasts or from Chairman Ben Bernanke’s quarterly news conference.
Most economists think all that information will confirm […]

The lure of guns and … zombies at NRA convention in St. Louis

ST. LOUIS • Hope you like guns. Otherwise, there’s nothing for you inside the exhibit hall at the NRA’s annual national convention. Guns in every direction. Acres of them. Big guns, like the sniper-esque Sig Sauer Sig50 tactical rifle with a 29-inch barrel. Or the Taurus revolver, “Raging Judge Magnum” etched along its comically oversize […]

Obama healthcare law could sharply worsen U.S. deficits: study

President Barack Obama’s healthcare law could sharply exceed its cost-savings targets and add up to $530 billion to the federal budget deficit, a leading authority on U.S. government benefit programs said on Tuesday.
A study by Charles Blahous, a George Mason University research fellow and the Republican trustee for the Medicare and Social Security entitlement […]

Goldman to review rules on conflicts of interest

Goldman Sachs, the investment bank blistered by a resigning employee this week for how it does business, said Friday that it will try to strengthen internal rules to prevent questions about conflicts of interest.
A Delaware judge almost killed a deal between two energy companies last month because Goldman had ties to both parties: The bank […]

Egypt names 19 Americans in case straining ties

Egypt has released the names of 19 Americans who face trial over activities of their nonprofit groups in Egypt, a case that has soured U.S.-Egypt relations.
One of the 19 is the son of U.S. Transportation Secretary Ray LaHood.
Sam LaHood and five other Americans are in Egypt. The others have left, according to a statement from […]

Insurance deal ends uncertainty for SLU, Des Peres patients

UPDATED at 8:40 p.m.
After months of stop-and-start negotiations, St. Louis University and Des Peres hospitals have reached a new 4-year agreement with HealthLink Inc. and Anthem Blue Cross and Blue Shield in Missouri.
The deal ends the uncertainty for thousands of St. Louis area patients, especially some of those undergoing cancer and transplant patients on long-term […]

US Embassy: US citizen kidnapped in Nigeria freed

A spokeswoman for the U.S. Embassy in Nigeria says a U.S. citizen kidnapped in the country’s oil-rich southern delta has been released.
Spokeswoman Deb MacLean told The Associated Press on Friday the man had been released. She declined to offer any other information.
Police previously said the attack happened in Warri, the capital of Delta state. The […]

Australian Core Inflation Quickens; Currency Gains as Rate-Cut Bets Pared - Bloomberg

Australia