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Monthly Archive April, 2009

Geithner: Global economy on the mend

April 25, 2009

The global economic downturn has shown signs of easing in recent weeks, although significant risks remain, Treasury Secretary Timothy Geithner wrote in the Financial […]

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Brown Budget Ends ‘New Labour’ Era as U.K. Taxes Rise

April 23, 2009

Prime Minister Gordon Brown’s budget for the year leading up to the next election marks the end of the era known as “New Labour.” […]

money - Comments closed

China Faces Japan-Style Age Threat With Plan to Revamp Pensions

April 22, 2009

Beijing Sunshine Care House opened in January 2008, seeking to attract the city’s elderly with a tropical conservatory, billiard room and calligraphy studio. By […]

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New Zealand Should Cut Interest Rate to 2%, OECD Says

April 18, 2009

New Zealand’s central bank should cut interest rates to as low as 2 percent to help the economy recover from a recession, according to […]

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Obama Sees ‘Glimmers of Hope’ of Improving Economy

April 13, 2009

President Barack Obama said he’s “starting to see progress” toward a recovering economy even as it is “still under severe stress.”
“What we’re starting […]

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ECB’s Wellink Sees Room to Cut Rates, Use Other Measures

April 10, 2009

European Central Bank Governing Council member Nout Wellink said the bank can make additional cuts to its benchmark rate and is considering other measures […]

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Boosted by promotions, Jos. A. Bank earnings soared 16 percent in 2008

April 9, 2009

Jos. A. Bank Clothiers Inc. outperformed sluggish retail trends over 2008, growing same-store sales 9 percent and profit 16 percent over the year.
The Hampstead-based men’s […]

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Deflation Dead at BlackRock; Inflation Debt Favorite

April 7, 2009

Bond investors are earning more than ever with Treasury Inflation Protected Securities as central bankers around the world set the stage for a rise […]

economics - Comments closed

Orlando foreclosures hit 6.6% in February

April 4, 2009

Foreclosure rates in the Orlando-Kissimmee area reached 6.6 percent in February — more than double the 3.1 percent rate during the same period a year […]

technology - Comments closed

Dollar stores thrive in weak economy

April 2, 2009

After a 10,000-square-foot space in the Beach Plaza City Center sat vacant for three years, development company Ashco Inc. finally has a new tenant — […]

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