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VIDEO RESULTS
S&P warns of downgrade to U.S. credit rating
From:
Orlando Sentinel
on
Fri, Jul 15 2011 7:56 PM
Standard & Poor’s has warned that there is a 50 percent chance it will downgrade the U.S. government's credit rating within three months because of the political impasse over the nation's debt ceiling. (July 15)
Bernanke says 'chaos' would follow U.S. default
From:
Orlando Sentinel
on
Thu, Jul 14 2011 8:50 PM
Federal Reserve Chairman Ben Bernanke warned U.S. lawmakers that they would deliver a "self-inflicted" wound to the nation’s economy by holding up efforts to raise the government's borrowing limit. (July 13)
Fed would supply more stimulus if needed
From:
Orlando Sentinel
on
Wed, Jul 13 2011 12:40 PM
Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the current economic lull persists. (July 13)
Markets sink as worries rise
From:
Orlando Sentinel
on
Mon, Jul 11 2011 5:50 PM
Stock markets were sharply lower in the U.S. and Europe as investors grapple with debt fears and economic jitters at home and abroad.
Lexus to lose top luxury spot in U.S.
From:
Orlando Sentinel
on
Mon, Jul 11 2011 5:50 PM
Toyota’s luxury brand, Lexus, will end its 11-year streak as the top luxury brand in the U.S. market, due to lost sales in the aftermath of the Japan earthquake and tsunami.
Boehner: House won’t back deal with tax hike
From:
Orlando Sentinel
on
Mon, Jul 11 2011 5:50 PM
Speaker John Boehner said Monday that he agrees with President Barack Obama that the nation’s borrowing limit must be raised to avoid a government default but insists that House Republicans won't back any deal with tax increases. (July 11)
Hiring Stalls: Unemployment up to 9.2 percent
From:
Orlando Sentinel
on
Fri, Jul 08 2011 1:04 PM
Hiring slowed to a near-standstill last month. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent. (July 8)
Obama: Uncertainty over debt limit hurts hiring
From:
Orlando Sentinel
on
Fri, Jul 08 2011 1:03 PM
President Barack Obama says the uncertainty over whether lawmakers will raise the nation’s debt limit is keeping businesses from hiring. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent. (July 8)
ECB raises rates despite debt crisis
From:
Orlando Sentinel
on
Thu, Jul 07 2011 5:42 PM
The European Central Bank raised interest rates for the second time this year, as was widely expected, in a bid to cool inflation in the euro zone, despite the intensifying debt crisis in Greece and other countries.
NYSE voters say yes to German offer
From:
Orlando Sentinel
on
Thu, Jul 07 2011 5:42 PM
Shareholders of NYSE Euronext threw their support behind a $9.6 billion takeover by Germany’s Deutsche Boerse.
Gov’t to ease foreclosure rules for unemployed
From:
Orlando Sentinel
on
Thu, Jul 07 2011 5:42 PM
The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its signature but troubled foreclosure-prevention program. (July 7)
Unemployment after Atlantis on the "Space Coast"
From:
Orlando Sentinel
on
Thu, Jul 07 2011 11:06 AM
As the shuttle races around Earth at 17,000 miles per hour, more than 7,000 people at the Kennedy Space Center on Florida’s "Space Coast" will be preparing for unemployment in the coming weeks and months. (July 7)
NBA lockout looms as sides fail to reach deal
From:
Orlando Sentinel
on
Thu, Jun 30 2011 7:50 PM
Union chief Billy Hunter says NBA owners are planning to lock out the players after failing to reach a new collective bargaining agreement, potentially putting the 2011-12 season in jeopardy. (June 30)
Bank of America in $8.5B mortgage settlement
From:
Orlando Sentinel
on
Wed, Jun 29 2011 3:14 PM
Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. (June 29)
Non-OPEC govts to release oil to drop prices
From:
Orlando Sentinel
on
Thu, Jun 23 2011 7:26 PM
The International Energy Agency, which includes the U.S. and 27 other countries, will release 60 million barrels of oil from emergency stocks in an effort to stave off a possible spike in energy prices that could strain the global economic recovery. (June
Saab has no money to pay wages
From:
Orlando Sentinel
on
Thu, Jun 23 2011 1:05 PM
Swedish carmaker Saab, owned by Netherlands-based Swedish Automobile, says it can’t pay wages to employees because it hasn't yet obtained necessary short-term funding.
Moody’s warns UK on credit rating
From:
Orlando Sentinel
on
Wed, Jun 08 2011 4:04 PM
Credit rating agency Moody’s says the UK could be downgraded if fiscal consolidation targets aren't met.
Mazda to shift production from U.S.
From:
Orlando Sentinel
on
Tue, Jun 07 2011 10:49 AM
Mazda will build the next version of its mid-size Mazda 6 in Japan; move means Japanese carmaker may end all U.S. production by 2013.
Jobs emerges from leave, unveils iCloud
From:
Orlando Sentinel
on
Mon, Jun 06 2011 6:22 PM
Apple CEO Steve Jobs has briefly emerged from a medical leave as the company unveiled a new storage service and new software for Mac computers and mobile devices. (June 6)
Dow and S&P500 have worst stretch in years
From:
Orlando Sentinel
on
Fri, Jun 03 2011 9:21 PM
The Dow Jones industrial average and the Standard & Poor’s 500 index have finished their fifth straight week of losses. For the Dow, it's the longest losing stretch since July 2004. the S&P hasn't had it this bad since mid-2008. (June 3)
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