Why Blinder Is Wrong About The Fed Having More Bullets
Alan Blinder, a former Fed Vice Chairman says the Fed still has options if more monetary easing is needed. Chairman Ben Bernanke has told the world that the Fed is not out of ammunition. It still has easing options, should it need to deploy them. The good news is that he’s right.
Read more on Business Insider
Why BHP wants Potash, and why it will have to pay more
Plus, what Paul Krugman learned about Canadians: They spend and borrow like Americans
Read more on The Globe and Mail
National News More>>
Arrest in serial-stabber case eases some but not all anxiety in Mich. city where 5 were killed. More>>
Read more on CBS4 Quad Cities
HSBC H1 profit more than doubles to $6.8 billion
HSBC said Monday its net income more than doubled in the first half, surprising investors and kicking off a week of earning reports from British banks in which even part-nationalized Lloyds Banking Gr
Read more on St. Louis Post-Dispatch
Reid and Angle Leave Nevada Voters Wanting More
Nevadans Unimpressed, Uninspired by Choices in the Key Senate Race
Read more on CBS News
More of the Rich Run as Populist Outsiders
Even as voters express outrage at bailouts and bonuses, a growing crowd of über-rich candidates are spending a fortune to remake themselves into populist insurgents.
Read more on New York Times
Warwick, RI: College and Divorce: Complex Issues Together Causes More Confusion Rhode Island Expert Provides Clarity …
College funding and divorce planning can be difficult issues by themselves, but mix them together and the potential for confusion and financial mistakes for families can increase dramatically.
Read more on Providence Business News
China’s Stocks Drop on Concern About More Tightening Measures
China’s stocks declined for the first time in three days on concern the government is extending its tightening measures from the property industry to commodities to curb overcapacity.
Read more on BusinessWeek
Families saving more money than borrowing for first time in 20 years
Families are banking more money than they are borrowing for the first time in more than 20 years, a Bank of England report shows.
Read more on Daily Telegraph
Fixed-rate home mortgage grows more appealing
Dear Dr. Don, For the past six years, I have had a $240,000, 30-year fixed-rate mortgage at 5.375 percent on a home worth about $490,000. Four years ago, I got a home equity line of credit for $100,000 at prime.
Read more on Bankrate.com