Dow .....7,850.41 .....-82.35 (-1.04%)
S&P 500 ...826.84 ....-8.35 (-1.00%)
Nasdaq ....1,534.36 ...-7.35 (-0.48%)
Consumer confidence dips further in February
Stocks fall as investors can't shake economic woes
Auto suppliers seeking federal aid
Oil breaks out of weeklong price slide -
House passes Obama's economic stimulus bill
Handing the new administration a big win, House Democrats passed President Barack Obama's $787 billion plan to resuscitate the economy on Friday despite a wall of Republican opposition.
"This legislation falls woefully short," said House GOP Leader John Boehner of Ohio. "With a price tag of more than $1 trillion when you factor in interest, it costs every family almost $10,000 in added debt. This is an act of generational theft that our children and grandchildren will be paying for far into the future."
FT.com: China to U.S.: "We Hate You Guys"
China to stick with US bonds
Mr Luo, whose English tends toward the colloquial, added: “We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] . . .we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.”
Friday, February 13, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment