LONDON – HSBC, the big European bank, said Monday that it was cutting 30,000 jobs, as part of a wide-ranging cost-cutting program to improve profitability. The large-scale cuts, which would represent about 10 percent of HSBC’s work…
LONDON – Berbagai produk Indonesia diantaranya fashion serta barang kerajinan dipamerkan di megastore terkemuka di London, Harrods yang akan berlangsung selama sebulan. Menteri Perdagangan Mari Elka Pangestu bersama Dutabesar RI untuk Kerajaan Inggris Raya dan…
The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country’s $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able…
Maybe the cash-strapped U.S. government should start selling iPads. According to the latest statement from the U.S. Treasury, the government had an operating cash balance Wednesday of $73.8 billion. That’s still a lot of money, but…
The United States will lose its top-notch AAA credit rating from at least one major rating agency, according to a Reuters poll that also found wrangling over the debt ceiling has already damaged the economy. A…
Editor’s note:Â Since 1995, the federal government has spent nearly $40 billion and provided trillions of dollars worth of insurance guarantees to lenders to promote homeownership, especially among communities of color. The infusion of money boosted…
We’ve all read about huge family fortunes squandered in legal battles between siblings after the patriarch or matriarch dies. While most of us wouldn’t make national headlines regarding ourestate planning matters, the pain and destruction…
NEW YORK — The Gang of Six wants to reform the tax code, something fiscal experts have been recommending for years. A better tax code is good for the economy and can help rein in…
A recent report from Lender Processing Services found that 6.38 million Americans had missed a mortgage payment in April 2011. Most economists project at least 2 million households will be foreclosed on by the end…
Country Unemployment rate Date Qatar 0.5 December 2010 Thailand 0.5 May 2011 Singapore 1.9 March 2011 Vietnam 2.6 June 2011 Switzerland 2.8 June 2011 Malaysia 3 April 2011 South Korea 3.2 May 2011 Norway 3.3…
Ratings agencies Standard & Poor’s and Moody’s both have warned that they might downgrade the United States’ AAA bond rating if a deal between the White House and Congress on raising the debt ceiling isn’t…
Avoiding foreclosure is always a smart move, but now there are incentives that make it an even better one. Real Estate short sales are more valuable to homeowners than ever! Short sales and deeds-in-lieu are…
The plunge in U.S. home prices showed signs of leveling off in April, but worries about unemployment pushed consumer confidence to a seven-month low in June. House prices were helped by the start of the…
Nearly two years after the official end of the recession, Americans still remain unconvinced. Consumer confidence has hit an eight-month low, according to a Conference Board report released Tuesday. The group studies how Americans feel…
Politicians in Washington hardly let a few minutes go by without mentioning how broke the government is. So, it’s a little surprising that they’ve created a stash of more than $1 billion that almost no…
The American Dream lures people from all over the world, and it’s because of this possibility: If you come here and work hard, your kids will have a better life than you. What if that…
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