Archive for January, 2010

In Davos, regulators tell bankers new rules coming (AP)

Government regulators from the United States and Europe laid out their financial reform plans Saturday before a skeptical banking industry, asking financiers for input but adamant that change was coming with or without their support.
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Mexico GDP down 6.8 percent in 2009 (AP)

Mexico’s economy shrank 6.8 percent in 2009, the worst result in at least 30 years, the Treasury Department said Friday.
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Regulators shut down banks in 5 states (AP)

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Stocks skid further on fiscal worry (Reuters)

Stocks slid sharply on Friday, sending the benchmark S&P 500 down more than 1 percent during the last half-hour of the session as investors pared back exposure to riskier assets amid worries about fiscal turmoil in Europe.
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Stock futures higher after strong GDP report (AP)

Stock futures rose sharply after a new report showed the nation’s economy grew 5.7 percent during the fourth quarter — the fastest growth rate since 2003.
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