Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – The United States-European Union summit here ended without any fiscal help emerging from the U.S. as ambassadors from both sides provided a read-out of the meeting while the host president brushed aside chances of any news-making headlines emerging. President Barack Obama, along with [...]
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Obama sends Europeans back home with empty promises
November 30th, 2011 
davidguide 
Posted in Loans 
Tags: AHN, american reluctance, Debt, economy, european commission president, european union summit, free market economies, home, international monetary fund, international monetary fund imf, Press, william kennard 
Comments OffGerman bond sales fizzle
November 24th, 2011 davidguide Linda Young – AHN News Writer Berlin, Germany (AHN) – Sale of German bonds flopped with Wednesday’s auction resulting in only selling $4.82 billion worth of 10-year bonds, while Germany had sought to sell $8.1 billion worth. That caused yields on those bonds to rise above 2 percent. Although the German sovereign debt is considered [...]
Posted in Loans Tags: 10 year bonds, bond sales, debt market, german bonds, german officials, linda young, risk aversion Comments OffEurope’s lust for gold continues
November 18th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Despite rising and record prices, gold continues to shine, especially overseas. The European sovereign debt crisis has spurred a gold rush across the continent. The World Gold Council reported Thursday that investors in Europe purchased a record $6.2 billion in gold bars [...]
Posted in Loans Tags: AHN, economic uncertainties, gold bugs, gold demand, gold supply, inflation worries, ounce, percent, period, rush, troy ounce, world gold council Comments OffStocks rise Friday on consumer confidence, Italy vote
November 12th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks celebrated Veteran’s Day will a strong rally. Helping markets advance was a report that showed a better than expected rise in the Consumer Confidence Index and a vote in Italy on its debt reduction plan. At 3 p.m., with just [...]
Posted in Loans Tags: AHN, commodity markets, Confidence, consumer, consumer confidence index, Debt, debt reduction plan, dow jones industrial, dow jones industrial average, steep losses, troy ounce gold, Vote Comments OffCorzine resigns as head of MF Global
November 6th, 2011 davidguide Diane Alter – AHN News Reporter Washington, DC, United States (AHN) – Jon Corzine stepped down Friday from running troubled MF Global, the securities firm that collapsed after risky bets on European debt and filed for bankruptcy protection Monday. The firm announced the voluntary resignation of Corzine as chairman and CEO. He will decline a [...]
U.S. stocks flounder Friday as analysts digest latest European deal
October 31st, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks moved in and out of positive territory Friday after Thursday’s big gains, and finished the week substantially higher. The Dow Jones Industrial Average finished the day at 12,231.02 up 22.48, the Standard & Poor’s 500 Index nudged up 50 cents [...]
Posted in Loans Tags: AHN, consumer sentiment, debt crisis, dow jones industrial, dow jones industrial average, explosive rally, Industrial, Jones, record article, Standard, territory, troy ounce Comments OffThird credit rating downgrade for Spain in 13 months
October 19th, 2011 davidguide Vittorio Hernandez – AHN News Madrid, Spain (AHN) – In a span of just a little over one year, Spain has suffered a third debt rating downgrade from Moody’s Investors Service. The rating agency on Tuesday cut Madrid’s rating by two levels to A1 from Aa2. Moody’s also kept a negative outlook for Spain as [...]
Posted in Loans Tags: 10 year bonds, AHN, Debt, debt crisis, Eurozone, growth prospects, investors service, madrid spain, Moody, negative outlook, percent, political cohesion Comments OffHarrisburg, Pennsylvania bankrupt, files for court protection
October 13th, 2011 davidguide Windsor Genova – AHN News News Writer Harrisburg, PA, United States (AHN) – Pennsylvania’s capitol of Harrisburg has filed for bankruptcy protection as the cash-strapped city government can no longer pay its bills and workers by the fourth quarter. The City Council voted 4-3 to file for bankruptcy protection Tuesday night and the petition was [...]
Posted in Loans Tags: AHN, bankruptcy filing, bankruptcy protection, Council, Councilmen, Genova, gloria martin, linda thompson, pennsylvania gov, Protection, tom corbett, wanda williams Comments OffHarrisburg, Pennsylvania bankrupt, files for court protection
October 13th, 2011 davidguide Windsor Genova – AHN News News Writer Harrisburg, PA, United States (AHN) – Pennsylvania’s capitol of Harrisburg has filed for bankruptcy protection as the cash-strapped city government can no longer pay its bills and workers by the fourth quarter. The City Council voted 4-3 to file for bankruptcy protection Tuesday night and the petition was [...]
Stocks on track to make it three up days in a row
October 7th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Shorty before 2 p.m. Thursday, the Dow Jones Industrial Average was up about 75 points, on track for the market to close up for its third consecutive day. Driving stocks higher was news out of Europe that progress continued to be made [...]
Posted in Loans Tags: 30 year fixed mortgage, AHN, domestic retailers, dow jones industrial, dow jones industrial average, Jones, legendary ceo, Mortgage, percent, precious gold, track, year fixed mortgage Comments Off