Daily Blogs News

In-Depth Look – GDP, Jobs & The New Normal

Interview and discussion with Adam Posen of the Peterson Institute. He says he sees a slowing rate of productivity going forward in the economy.

Apple’s September Event Dated, Music-Focused

Surprise, surprise! The September Apple event, which has occurred every September since 2005, is apparently going to be on September 9th (the week of the 7th had already been leaked) and be music-focused. The event will also not cover anything about the much-rumored iTablet (or iPad) tablet PC.

FCC OKs Iridium’s deal to go public

The Federal Communications Commission approved GHL Acquisition Corp. ‘s purchase of mobile satellite services company Iridium Holdings LLC on Monday.

US man ‘stole 130m card numbers’

US prosecutors have charged a man with stealing data relating to 130 million credit and debit cards.

Schwab sued over securities

New York Attorney General Andrew Cuomo filed a lawsuit Monday against the brokerage unit of Charles Schwab Corp., claiming the firm misled customers about the safety of auction-rate securities.

Fed extends consumer lending program through March

The Federal Reserve has extended a program intended to spur lending to consumers and small businesses at lower rates, but the central bank will not expand the types of loans made.