The Asian Development Bank Cuts China 2009 GDP Forecast

Mar 31, 2009, 3:53 AM

The Asian Development Bank said Tuesday it cut its forecast for China’s economic growth this year to 7%, because the impact of the global financial crisis... Read »

Will the Stimulus Work? Reasons to Doubt the Romer-Bernstein Spending Multiplier Estimates

Mar 31, 2009, 2:03 AM

US economic advisers called for aggressive fiscal stimulus, and some support further measures. But many macroeconomists are not so sure. This column analyses fiscal... Read »

Iceland a Spectacularly Bankrupt Nation

Mar 30, 2009, 10:22 PM

The severe economic destabilization in Iceland is part of a complex global financial crisis and is by no means an isolated event. However, the country, which is... Read »

Citigroup, Wachovia Reach $4.7B Settlement with Calif. Regulators

Mar 30, 2009, 9:19 PM

“California regulators said Monday that Wachovia Corp. and Citigroup Inc. have agreed to return a total of $4.7 billion to state residents who bought auction... Read »

Some CEOs Raising Questions On Wagoner’s Fate

Mar 30, 2009, 8:57 PM

“Watching the president of the United States effectively fire the chief executive of General Motors Corp. unnerved some other CEOs, who said the move crossed... Read »

Cramer Sees No Catalyst for Comcast (CMCSA)

Mar 30, 2009, 8:37 PM

“I am recommending no cable companies. I was hoping that Apollo would not get Charter. And Comcast the would get their teeth into it. I don’t like this titanic... Read »

My Favorite Way to Protect Against Inflation

Mar 30, 2009, 8:02 PM

The U.S. Treasury Secretary said something very disturbing this weekend. It wasn’t about the bank bailout though. It wasn’t about how the administration decided... Read »

Chrysler Has 30 Days to Get Its Act Together or Face Bankruptcy

Mar 30, 2009, 7:45 PM

Chrysler has 30 days to cut a deal with Italian automaker Fiat. The Obama White House said on Mar. 30 it has determined that Chrysler’s only avenue of survival... Read »

‘Half Off’ for Boston’s Most Famous Skyscraper

Mar 30, 2009, 2:44 PM

Boston’s John Hancock Tower, the tallest skyscraper in New England, may be sold to lenders led by Normandy Real Estate Partners for about half the $1.3 billion... Read »

GM Bondholders Show Flexibility

Mar 30, 2009, 2:19 PM

Brief – GM bondholders remain willing to reduce automaker’s future debt burden by exchanging a substantial part of their debt for equity. Bondholders... Read »

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