David Wyss News
-
Standard & Poor’s news release responding to the government’s lawsuit over its mortgage-bond grades complained that the ratings company is being sued for “not predicting full magnitude of housing downturn despite failure of virtually everyone to do so.”
-
The U.S. has a “realistic possibility” of falling into a Japanese-style economic slump, said David Wyss , chief economist at Standard & Poor’s.
-
A “sharp pickup” in China’s property prices is a key risk to the nation’s economic growth , Standard & Poor’s said as it forecast a 10.3 percent expansion this year.
-
The U.S. government posted a smaller budget deficit in July compared with the same month last year, helped by a gain in corporate tax revenue as the economy recovered from the worst recession since the 1930s.
-
The U.S. government, facing a record annual fiscal shortfall and a congressional impasse over financing, posted the largest monthly deficit ever in February, reflecting increased spending.
-
The Obama administration plans to step up enforcement of trade laws against nations, such as China and Vietnam, that help subsidize companies exporting cheap goods to the U.S.
-
The U.S. government posted a wider budget deficit in January as spending climbed from a year earlier when outlays were depressed by the New Year’s holiday.
-
Chesapeake Energy Corp. , the second- largest U.S. natural gas producer, and DirecTV , the top U.S. satellite-television provider, sold bonds as issuance fell 16.5 percent from the previous week and investors demanded more yield relative to Treasuries amid a softening secondary market.
-
Investors withdrew a net $7.1 billion from equity funds tracked worldwide in the week to Aug. 25 and put some $5.2 billion into bonds amid concern economies in the U.S. and Europe are losing momentum, EPFR Global said.
-
The U.S. government posted a smaller budget deficit in May than forecast as a growing economy helped bring in more tax revenue, Treasury Department statistics showed.
|
|
Most Popular on Bloomberg
|
| |