Category: econ_news
Good News: Most Banks Pass Fed Stress Tests - Bad News: Some Don't
March 13th, 2012
in econ_news
Econintersect: The Federal reserve has released summary results of ongoing stress tests of the nineteen largest banking institutions in the U.S. The results, according to the Fedreal reserves, show that 15 of the 19 firms would satisfy the minimum requ… more »
March 2012 FOMC Meeting Statement: Conditions Are Improving
March 13th, 2012
in econ_news
Econintersect: The Federal Open Market Committee (FOMC) - the board of directors of the Federal Reserve - meeting concluded today with the members seeing the domestic and global dynamics improving - although far from perfect. No new programs were annou… more »
Small Business Outlook Improves In February 2012 - Second Highest Reading Since Start of 2007 Recession
March 13th, 2012
in econ_news
Econintersect: The NFIB's monthly optimism index rose 0.4 to 94.3:sixth consecutive month of gainsstill historically lowthe Index is lower than that of February 2011is the second highest reading since December 2007. The fun in reading the… more »
As Greece Staggers, EU Puts Spain in Crosshairs
March 13th, 2012
in econ_news
Econintersect: While the world waits for Greece to bleed out from debilitating austerity measures, the gun sights are turning to Spain. On Monday Spain agreed to accede to EU (European Union) finance ministers demands for further cuts in its large budg… more »
March Madness
March 13th, 2012
in econ_news
Econintersect: Challenger, Gray & Christmas, the original outplacement company, reports that during March on days when basketball is being played during first shift working hours, 2.5 million workers will average approximately 90 minutes each watchi… more »
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