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Monthly Archive December, 2009

AIG changes payback strategy - report

December 27, 2009

AIG has reportedly changed its plans for restructuring its insurance business and its strategy for paying back the $70 billion it still owes taxpayers.
The […]

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Commodities, financials take TSX higher

December 24, 2009

The Toronto stock market closed higher Tuesday following indications of an improving American economy.
The S&P/TSX composite index advanced 73.26 points to 11,627.98 as U.S. […]

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Unemployment Decreased in 36 U.S. States in November

December 20, 2009

Unemployment decreased in 36 U.S. states in November, with Kentucky and Connecticut posting the biggest declines from a month earlier.
Kentucky’s jobless rate dropped […]

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Trade Discord Fuels U.S.-China Tension in Copenhagen

December 19, 2009

China is demanding that a global agreement to reduce greenhouse gases prohibit nations from imposing trade sanctions, further pitting the world’s No. 1 emitter […]

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Japan’s Recovery Too Weak to Boost Domestic Demand

December 15, 2009

Japan’s small businesses, the employers of 70 percent of the workforce, signaled that the economy’s export-led revival is too weak to spur spending by […]

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Heavyweight Dodge Ram voted ‘Truck of the Year’

December 14, 2009

Chrysler Group’s Dodge Ram Heavy Duty won Motor Trend magazine’s coveted "Truck of the Year" award in a unanimous vote, the magazine announced Thursday.
"Much […]

economics - Comments closed

Foreclosure plague slowing: Filings fall 8%

December 12, 2009

Foreclosure filings fell by 8% in November, making it the fourth consecutive month of improvement in the housing market.
There were 306,627 filings last […]

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Time is right to prepare for next year’s taxes

December 7, 2009

It’s your move: Year-end tax moves can improve your position for the coming tax season and coming year. They’re especially important because some steps […]

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Orders to U.S. Factories Increased 0.6% in October

December 6, 2009

Orders placed with U.S. factories rose in October for the sixth time in the past seven months, propelled by gains in non-durable goods that […]

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Bernanke’s biggest fears

December 4, 2009

These should be good times for Federal Reserve Chairman Ben Bernanke, who some economists give much of the credit for averting a second Great […]

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