Posts Tagged ‘investment’

IMF aid becomes Egyptian political football

The Media Line Staff Cairo, Egypt David Rosenberg / The Med – An International Monetary Fund loan critical to propping up Egypt’s teetering economy is being jeopardized by domestic political infighting that threatens to delay or even scuttle the program, economists say. An IMF delegation left Cairo late on Tuesday after 17 days of talks [...]

European leaders seek new economic rules in meeting with Obama

Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – European leaders met with President Barack Obama Monday at the White House to figure out how to avoid another worldwide economic collapse. Obama is pressuring the 17-nation European Union to resolve its banking and debt crises before they drag down the U.S. [...]

Cavs owner Dan Gilbert looks to spread influence with new casinos

John Nestor – AHN Sports Correspondent Cleveland, OH, United States (AHN Sports) – The NBA is not in action but that doesn’t mean that Cleveland Cavaliers owner Dan Gilbert is sitting idly by. Gilbert, the founder of Quicken Loans, is a partner in a gambling investment company that is looking to open “high-style, up-scale urban [...]

Swiss bank UBS cuts 3,500 jobs worldwide

Linda Young – AHN News Writer Geneva, Switzerland (AHN) – Swiss bank UBS has announced it will cut 3,500 jobs worldwide in all its markets, including the United States. UBS will accomplish the job cuts with a combination of layoffs and attrition, company officials said Tuesday. About 45 percent of the cuts will come from [...]

Congress grills architect of new financial regulatory agency

Tom Ramstack – AHN News Legal Correspondent Washington, DC, United States (AHN) – Republicans in Congress Thursday took aim at the Obama administration’s plan for a new Consumer Financial Protection Bureau scheduled to begin operating next week. A hearing intended to question the architect of the agency about how it would operate turned into a [...]

Rejecting IMF loan, Egypt risks undermining economy

The Media Line Staff Cairo, Egypt (TML) – Egypt’s decision to reject loans from the International Monetary Fund (IMF) and World Bank may save the government unwelcome political controversy at home, but it risks undermining the country’s already severely strained economy, economists warned. The terms of the IMF financing as well as the government’s plan [...]

DealBook: Goldman Sachs Trumps Expectations

Earnings fell from the previous year, but the investment bank nearly doubled analysts’ estimates. View full post on Business Stories

BHP’s CEO Kloppers Has M&A on List Even After Investment Pledge

BHP Billiton Ltd. Chief Executive Officer Marius Kloppers said he’s still interested in takeovers even after setting aside $80 billion for BHP’s own projects. View full post on Business Stories

8 Reasons To Buy a Home Now

If you’ve been straddling the fence about buying a home, you could be kicking yourself when this unique window of opportunity closes. Never in history have the cards beens stacked for the buyer as they are now. Here are eight reasons that will convince you that NOW is the right time to stop renting and [...]

Tax Lien Investing

This is the Best Housing Economy in History…for Tax Lien Investors! There has never been a better time in history for tax lien investing, ask anybody that’s doing it! This economy has made getting a house from your Tax lien investment much easier, folks just aren’t paying their taxes and the banks are SO heavy in foreclosure [...]

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