BOJ Openings Can Shape Monetary Policy - Bloomberg
March 2nd, 2012
Hot Business Topics
The biggest five banks in the United States are too powerful and should be broken up, Dallas Fed President Richard Fisher said on Wednesday.
The financial crisis had left the five biggest banks even more powerful than before, he told an event in Mexico City.
“I believe personally that they should be broken up,” Fisher said.
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Filed under: Uncategorized, mortgage by Forest
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Even as homeowners and commercial landlords count their losses from the great real-estate bust, Midwestern farmers are experiencing the biggest property boom in a generation.
The rapid run-up in land values is bound to make some people nervous, especially older farmers who remember how property values collapsed during the farm crisis of the 1980s. Farm economists, […]
Greece gave in to more painful spending and job cuts Thursday, only to have European ministers question whether they were enough to deliver a euro130 billion bailout and stave off bankruptcy.
Greece’s new austerity plan, which makes sharp cuts to the minimum wage and thousands of public-sector jobs, ignited fresh criticism from unions and the country’s […]
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 […]
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America is filled with lawyers, and lawyers sue people. Then those people hire more lawyers to ward off the suing lawyers. It’s all gonzo business for lawyers and a nagging little worry for the rest of us.
Most of us will never get sued. Still, it’s worth looking at ways to protect assets in case a […]
Mattel Inc. says strong holiday demand for toys including Barbie, Hot Wheels and American Girl helped push its fourth-quarter net income up 14 percent.
The holiday quarter is crucial for toy makers, who can make up to half of annual sales during the period.
The No. 1 U.S. toy maker reported Tuesday that its net income rose […]
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Greece’s prime minister and the leaders of the three parties backing his coalition government have concluded a nearly three-hour meeting discussing the country’s negotiations with its creditors.
Premier Lucas Papademos released a statement after Sunday’s meeting, saying he and the party leaders were in “complete agreement” over the positions to adopt in subsequent talks toward a […]
Filed under: finance, interest rate by Forest
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A young Moldovan woman who says she was called to the bridge of the stricken Costa Concordia to help evacuate Russian passengers defended the embattled captain on Thursday, saying he worked tirelessly and “saved over 3,000 lives.”
Domnica Cemortan, who says she was translating Capt. Francesco Schettino’s orders during the frenzied evacuation, has emerged as a […]
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Markets advanced further Wednesday on hopes the International Monetary Fund would get more money and as Greece resumes discussions with private creditors to get them to agree to reduce the value of their holdings of Greek debt.
Following a breakdown of talks last Friday, investors remain nervous about what may happen, though sentiment has been shored […]
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