U.S. Hits Debt Limit as Geithner Halts Pension Investments
Treasury Secretary Geithner says the United States has reached its 14.3 trillion borrowing limit and will suspend investments in two large federal pension plans to keep debt auctions going for about 11 weeks. He warns of a potential default if Congress fails to act by August 2 as Biden negotiates deficit cuts with lawmakers.
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Washington
Treasury
Timothy Geithner
Geithner
Congress
White House
House
John Boehner
Congressional Budget Office
Joe Biden
IMF leadership fight looms after Strauss-Kahn arrest
The IMF faces a leadership dilemma as Dominique Strauss-Kahn is arrested, fueling a potential Europe versus developing nations showdown for top posts. Analysts expect a high-stakes battle over who heads the IMF or World Bank, with possible European retention versus rising candidate from developing countries. The IMF board remains operational and may approve rescue loans to Portugal as part of a broader European package.
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Washington
Dominique Strauss-Kahn
International Monetary Fund
Europe
IMF
World Bank
Eswar Prasad
Cornell University
Prasad
United States
IME
Angela Merkel
Strauss- Kahn
Kemal Dervis
Turkey
Brookings Institution
Mohammad El-Erian
Pimco
El-Erian
Christine Lagarde
Strauss-Kahn
Portugal
Gas prices dip below four dollars in Ohio May round up
Ohio motorists see regular gas averaged 3.98 dollars a gallon, dropping from 4.00 and 4.02 in recent days as oil retreats from a 30 month high. Price trend driven by a stronger dollar and concerns over demand at higher costs.
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Columbus
Ohio
Auto Club Aaa
Oil Price Information Service
Wright Express
Dow Industrials
Dow Transportation
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NYSE
S&p
S&p MidCap
Wilshire
Russell
Stock Exchange
Primedia
Conmedh
Goldco
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Chinrecye
Proasslv
TianjinPh
SouFins
BovieMed
GenFin
ZuoanFn
Aeroentry
Oxignersh
ChixFash
BioTime
SifyTech
Dex One
Accaren
Postrocke
Dagonen
AvalRaren
SemGroup
Kodiako G
Yahoo
Ishr2k
PwShs
Pfizer
GoldSkg
VantageDrs
Oracle
AMR
MGM Rsts
At&t Inc
AlcatelLuc NY
Merck NY
Agreet NY
Micront Nasd
BkofAm NY
Microsoft
NiSource NY
Bob Evans Nasd
NokiaCp NY
Boston Sci
Nordsons Nasd
Cedarf NY
Northropg NY
CntryLink NY
Oracle Nasd
Cisco Nasd
Orthovia Nash
Diebold NY
Petrobras NY
Pfizer NY
CineEquity
EmersonEl NY
PolyOne
FistPlce If
FistPlce If Nasd 1.86 +00 -28.7 PrUShS&P NY 20.63 +.24 -13.2 FirstEngy NY
FstMerit Nasd
ProdGam NY
Fordm NY
RPM
Fmcg S NY
SprintNex NY
iShSilver NY
Matts NY
Ishemkts NY
Isease NY
SP Engy Ishr2k NY
Spdr Friel NY
Intel Nasd
Steris NY
Invacare NY
US Steel NY
Jpmorgch NY
Vale SA NY
WalMart NY
Keycorp
LNB
Bncp
Wells Fargo
Wendy Arby NY
Limited
Lowes NY
Yahoo Nash
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The
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