Global economy trembles as leaders warn of danger
Christine Lagarde of the IMF warned the world is entering a dangerous phase while the World Bank chief voices fading confidence in avoiding a new recession. Markets wobble as the Dow declines near six percent amid global turmoil across Europe Asia and the United States.
MENTIONED IN THIS ARTICLE
Europe
China
United States
Christine Lagarde
International Monetary Fund
World Bank
Asia
Europe Faces Evolving Debt Crisis and Greece Default Fears
European policymakers struggle to convince markets they can resolve a € debt crisis that now threatens Greece and others. Greece Ireland and Portugal rely on bailouts while creditors balk at a second package. a Greek default could shock banks and the global economy.
MENTIONED IN THIS ARTICLE
Greece
Ireland
Portugal
European Union
IME
Italy
Spain
Wall Street
Fed reshuffles 400 billion in assets to push rates lower
The Fed reordered 400 billion dollars of investments to lower mortgage and long term loan rates and push consumer spending. It plans to reinvest proceeds from maturing Treasuries into mortgage bonds to prop the housing market, but economists doubt a meaningful impact amid low debt fears and weak demand. Political gridlock limits fiscal stimulus options.
MENTIONED IN THIS ARTICLE
U.S
Federal Reserve
Fed
U.S. Treasury
American Central Bank
Washington
Obama on Martha's Vineyard Seeks Consumer Sentiment
Obama says the public wants near term jobs help and long term debt and budget deficits solutions. He notes demand remains weak and firms should match output to real demand while preparing for higher energy costs and fuel efficiency trends.
MENTIONED IN THIS ARTICLE
Barack Obama
Martha’s Vineyard
United States
China economy slowdown spooks global markets
Investors rattled as evidence of slower Chinese manufacturing emerges. Analysts say the world’s second largest economy still grows robustly, but its softer pace raises worries about demand for metals and machinery worldwide.
MENTIONED IN THIS ARTICLE
China
Western Australia
European Union
United States
Hospital drug shortages deadly and costly crisis widens
The AP reports deadly shortages of injected generic drugs, with one dose priced at 25.90 rising to 1200 in hospital contracts. Fifteen deaths in 15 months, delays to cancer therapies, longer stays, and more use of gray market suppliers strain hospitals and threaten research efforts.
MENTIONED IN THIS ARTICLE
Trenton
N.J
Associated Press
Pital
U.S
Institute For Safe Medication Practices
Joseph Hill
American Society of Health-System Pharmacists
House Energy and Commerce Committee
Mike Alkire
Premier Healthcare Alliance
American Hospital Association
Robert S. DiPaola
The
Cancer Institute of New Jersey
StOck Exchange
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Tanz
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CDC
At&t Inc
Microsoft
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Yahoo
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Oracle
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Nvidia
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Alcoa NY
Mosaic NY
NY Nasd
Agreet
Newscpa BkofAm NY
Oracle Nasd
CntryLink NY
PNC NY
Cisco Nasd
ParkerHan NY
Citigross NY
Darden NY
Penney NY
Diebold NY
Pfizer NY
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PolyOne NY
CineEquity PwShs Qqqnash
DixonBull NY
Prushs&p NY
EmersonEl NY
ProUKSP_ NY
FifthThird Nash
FstPhe Hif Nasd
Prousslvrs NY
FirstEngy NY
ProdGam NY
Goodrich NY
Honwilind NY
Siriusxm Nash
iShGold NY
Smucker NY
iShSilver NY
SprintNex NY E7
Intel Nash
SP Inds NY
Invacare NY
Steris NY
US Steel NY
Jpmo
Lowes NY
WellsFargo NY
Mktvgold NY
Wendys Co NY
McDnids
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NYMX
New York Mercantile Exchange
CBOT
ICE
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World) Exchange
NYBT
New York Board of Trade
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Stock MARKET INDEXES rise modestly in trading day
The Associated Press reports stock indexes edged higher amid light volume as investors weighed earnings and economic data. Tech shares led gains while defensive issues limited losses, keeping the market range-bound for the session.
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Elaine Kurtenbach
Ford
Alan Mulally
Linda A. Johnson
the Market IN Review
Dow Jones
Dow Industrials
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Dow Utilities
NYSE
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