US economy fears as consumer confidence plunges
American consumers do not expect to be feeling any more confident in six months' time, a widely-watched index revealed today, underlining the hurdles facing a recovery in the world's biggest economy. telegraph.co.uk |
Business Bullet: Asia, BP, House prices, Greece
The latest news on: Asia, BP, House prices, Greece telegraph.co.uk |
Countrywide’s Mozilo settles SEC charges
Former chief executive of Countrywide Financial settles charges with regulators, and will pay a fine and repay profits. feeds.marketwatch.com |
FDIC lowers expected cost of bank failures by $8B
By MARCY GORDON 2010-10-19T17:12:58ZWASHINGTON (AP) -- Federal regulators decided against raising the fees that banks pay to insure deposits after determining the losses from bank failures this year were lower than anticipated.... hosted.ap.org |
Small firms hoarding cash says Bank
A Bank of England survey shows that most companies have built up their cash reserves this year about normal levels and that small companies and manufacturers plan to maintain them at this level next year telegraph.co.uk |