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Business

Where does money come from? - Examiner.com

1 day ago - Treasury provides these dollars to the Federal Reserve bank. Now the Federal Reserve Bank owes Treasury $100. The Fed loans the $100 to a commercial bank at ...

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Scots bank crisis a 'humiliation' - BBC News

1 day ago - The "loss" of Scottish-based banks HBOS and The Royal Bank of Scotland is a "national humiliation", according to a former Scottish secretary. ...

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The Myths of Auto Worker Wages - Gather.com

1 day ago - They have contracts negotiated with the United Auto Workers that impose huge costs. The average hourly cost per worker in this country is about $28.48. ...

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Roselyn Sanchez Weds in Puerto Rico - The Gossip Girls

1 day ago - Making for quite the beautiful bride, Roselyn Sanchez tied the knot with her “Days of our Lives” actor beau Eric Winter in Old San Juan, Puerto Rico on ...

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Royal Bank of Scotland offers respite on mortgage arrears - guardian.co.uk

1 day ago - The Royal Bank of Scotland will today promise to give homeowners more leeway in making mortgage repayments, in a sign of the softening relationship between ...

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Automakers' Jobs Bank Program Pays Laid-Off Workers to Do Nothing - FOXNews

1 day ago - If you're a laid-off auto worker, it's what comes with your pink slip, thanks to a deal struck in 1984 between the United Auto Workers and the Big Three ...

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Saudi Arabia set to keep spending high - Emirates Business 24/7

1 day ago - Saudi Arabia is expected to approve higher expenditure for 2009 when it unveils its state budget just before the end of this year despite the recent plunge ...

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N Korea restricts border controls - BBC News

1 day ago - Tourism trips and a cargo train to North Korea were suspended last week. A South Korean official said as many as 1700 South Korean managers could return to ...

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UK woes, German caution expose leader gap - MarketWatch

1 day ago - But who will step into the breach as Europe's economic lecturer-in-chief? Silvio Berlusconi, the Italian prime minister, knows that the world would collapse ...

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Indo-Pak rhetoric may turn off global buying - Moneycontrol.com

1 day ago - Today will be a more interesting day to watch for the market, because global markets have been largely stable and we have had lots of newsflow over the ...

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Hu Sees China Losing Its Competitive Edge - Washington Post

1 day ago - 30 -- Chinese President Hu Jintao warned at a weekend meeting of the Communist Party's elite Politburo that China is losing its competitive edge as ...

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