Greek union leaders are not part of the Greek political coalition. Another 48-hour strike called for tomorrow and Friday. We still do not know exactly what Greek political leaders have agreed to. Read More
Barely two weeks into a new government program that allows severely underwater borrowers with loans backed by Fannie Mae and Freddie Mac to refinance their loans to lower rates, the numbers are surging. Read More
Friday, the Commerce Department is expected to report the deficit on international trade in goods and services was $47.8 billion in December, unchanged from November. Read More
One has to cut when one can’t borrow any more. But that still hasn’t stopped the various interested parties and think-tanks on both sides of the Atlantic from arguing on whether this is the optimum approach or not. Read More