GO
Loading...

“Contract with America” Redux?

Jobless Jump. New Claims Rise; Last Week’s Numbers Revised Slightly Downward(CNBC)

NN_morning_call_200.jpg

China, Japan Trawler Captain Fracas Escalates Toward Trade War? (New York Times) Prime Minister Wen Jiabao personally requests release of detained captain as tensions rise. (China’s weapon of choice: restriction of exports on sci-fi-sounding rare earth elements.)

“Contract with America” Redux? (Financial Times)Republican Lawmakers Promise Lower Taxes And Spending with “Pledge to America”

Blockbuster Files (New York Times) After a Chapter 11 filing, Blockbuster has reached an agreement with senior bondholders to cut debt by 90%; promises transformation with recapitalized balance sheet. But can it compete with Netflix, Apple, and Redbox?

Gold Near Record High(Yahoo) Analysts unsurprisingly cite QE as causal factor.

Wall Street