07 July 2010

Business/Economic News - July 7, 2010 Edition

Gold hits 6-week low on China news
China promises not to dump US Treasuries or pile into gold


Mish:"Hussman Blasts Geithner, Bernanke, Keynes; Why Keynesian Stimulus Always Fails"


Which builders have the biggest Gulf Coast exposure?

BP Supposedly Ahead of Schedule on Drilling Relief Well by One Week

Peter Schiff: Jobs report reveals the truth about recovery

Wal-Mart's Sam's Club chain is teaming up with a lender to offer loans of up to $25,000 to its small business members

EU suggests raising retirement age to 70

The Economist looks at four letter word DEBT: "Repent At Leisure"

To Address Its Housing Shortage, Paris Cracks Down on Pied-à-Terre Rentals
Oil Trades Near $72 on Forecast Supply Drop, Europe Optimism

Louisiana and Scientists Spar Over How to Block Oil’s Approach

Next 10 days crucial to gulf spill

86 miles of Florida's coastline is now "oiled"

Foreclosures drop 49% in second quarter in South Florida

Can South Korea prevent the Housing Bubble from bursting there?

Harvard Professor, Ken Rogogg, co-author of "This Time It's Different", thinks USA not headed for Double-Dip Recession, but slow growth, a continuing slide in housing prices and unemployment

China Property Market Set for Healthy Correction



The 10 Biggest stock winners in 2010 for the first-half


States Are Projecting Massive Employment Layoffs


NASA sub-contractor to lay off 1,000 Space Shuttle workers


NY State Fair terminates union workers; thousands threaten boycott

Milan, MI city council refuses to hire for open positions as rumors swirl about a 200 person layoff at local auto supplier

1 comment:

Anonymous said...

Jesus, what is this country coming to when small businesses can only find lines of credit at Sam's Club? Whatever happened to banks helping out local businesses?


- Anatella B.

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