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Large U.S. Banks May Fail Amid Recession, Rogoff Says (Shamim Adam)
(Bloomberg) -- Credit market turmoil has driven the United States into a recession and may topple some of the nation's biggest banks, said Kenneth Rogoff, former chief economist at the International ...
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The perfect storm leading to a global recession (Nouriel Roubini)
(Times Of Malta) -- The probability is growing that the global economy -- not just the United States -- will experience a serious recession. Recent developments suggest that all G7 economies are ...
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Common Sense And Survival (William Kotke)
(Speaking Truth To Power) -- The graph line of the global population explosion now goes upward almost vertically. The graph line of reserves of resources that fund that explosion falls ...
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Schwab Says Independent Advisers See Market Rebound (Alexis Leondis)
(Bloomberg) -- Investment advisers are more optimistic about U.S. markets than they were six months ago, according to an online survey by Charles Schwab Corp.
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Tropical Storm Fay Makes Landfall Over Florida Keys (Brian K. Sullivan and Jerry Hart
(Bloomberg) -- Tropical Storm Fay made landfall over Key West, Florida, today after killing about a dozen people on its path through the Caribbean.
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Oil Little Changed as Tropical Storm Fay Nears Gulf of Mexico (Christian Schmollinger, Grant Smith)
Aug. 18 (Bloomberg) -- Crude oil traded little changed as a storm near Cuba prompted evacuations from rigs and platforms in the Gulf of Mexico, which accounts for about a fifth of U.S. production.
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U.S. likely to recapitalize Fannie, Freddie: report (Reuters)
NEW YORK (Reuters) -- The U.S. Treasury is growing increasingly likely to recapitalize Fannie Mae and Freddie Mac in the months ahead on the taxpayer's dime, Barron's reported in its Aug. 18 ...
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Fay Heads Toward Florida Keys, Kills 4 in Caribbean (Dan Hart and Jerry Hart)
Aug. 17 (Bloomberg) -- Tropical Storm Fay began to make its way toward Florida, after rain and winds lashed Haiti and the Dominican Republic yesterday, leaving at least four dead.
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The Plot Against Liberal America (Thomas Frank)
(The New Statesman) -- The most cherished dream of conservative Washington is that liberalism can somehow be defeated, finally and irreversibly, in the way that armies are beaten and pests are ...
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Suffocating Dead Zones Spread Across World’s Oceans (David Adam)
Critically low oxygen levels now pose as great a threat to life in the world’s oceans as overfishing and habitat loss, say experts.
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