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U.S., world on brink of economic disaster
President Barack Obama recently took a salary cut. The Telegraph from England reported, "President Barack Obama has pledged to return $20,000 of his salary in a gesture of solidarity with government workers forced to take unpaid time off work due to...Tags: Bethlehem Township (Bethlehem, Pennsylvania), Budgets and Budgeting, National Government, Barack Obama, Politics
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TREASURIES OUTLOOK-Higher U.S. yields draw buyers
Reuters* U.S. Treasury to auction $16 billion 30-yr bonds on Thursday * New U.S. jobless claims, due Thursday, forecast at 335,000 (Adds information on jobless claims in paragrafs 4 though 6) By Ellen Freilich NEW YORK, May 8 (Reuters) - U.S. Treasuries...Tags: Central Bank, China, Japan, Auction Service, Economic Indicator
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Regents Will Dip Into Reserves To Close Shortfall
Faced with a persistent $5.5 million shortfall, the state Board of Regents for Higher Education will likely tap their reserves fund to help balance the budget of the 100,000-student system. Recently, the state board has been increasing spending on part-...Tags: Budgets and Budgeting, Dannel P. Malloy
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Seven vie for five seats on Easton Area School Board
Seven candidates, including three incumbents, are vying for five seats on the Easton Area School Board. The contested races are in Region II, in which incumbent Pat Vulcano Jr. and two newcomers are vying for two seats, and in Region III, in which...Tags: Teachers, Health and Safety at School, Elections, Allentown, Easton (Easton, Pennsylvania)
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Boehner: Bondholders should be paid first if debt limit breached
WASHINGTON -- House Speaker John A. Boehner said holders of U.S. government bonds should be paid first if the nation's debt limit is breached, even if that means that China would get preference over the salaries of U.S. troops. Boehner (R-Ohio) defended...
Tags: Republican Party, John Boehner, U.S. Department of the Treasury, Barack Obama, U.S. Congress
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TREASURIES-U.S. bond prices steady before 10-year supply
Reuters* Upbeat overseas data soothe anxiety about global growth * ECB member Mersch remark on ABS revive safehaven bids for bonds * U.S. Treasury to sell $24 billion 10-year notes * Fed to buy $3.00-$3.75 bln bonds due 2019-2020 By Richard Leong NEW YORK,...Tags: Central Bank, China, Auction Service, Federal Reserve, U.S. Department of the Treasury
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City wins in Glendale ranger lay-off case
Glendale has prevailed in federal court after a jury found the city’s decision to lay off two former parks officials was due to budget pressures, not, as alleged in a lawsuit, because the pair had complained about their boss. Russell Hauck and Eric...Tags: Google Inc., Crime, Law and Justice, Unemployment, Budgets and Budgeting, Career and Workplace
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IMF says Serbia mission a "health check", not loan talks
ReutersBELGRADE (Reuters) - The International Monetary Fund will not discuss a fresh loan deal on a mission to Serbia starting this week, it said on Tuesday, describing the visit as a "health check" of the Balkan country's economy. Serbia's government says it...Tags: International Organizations, Balkan Peninsula, Russia, Politics, Serbia
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India's cheap food plans to prove costly for government
Reuters* Would raise subsidy bills 45 pct to up to 1.3 trln rupees * To provide cheap rice and wheat to 67.5 pct population * Will require 61 mln tonnes of grains a year By Jo Winterbottom NEW DELHI, May 7 (Reuters) - India may soon pass a new law to give...Tags: United Nations, U.S. Congress, Elections, Public Finance, Consumers
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German finance minister softens stance on EU bank union
ReutersBERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union...Tags: International Organizations, Paris (France), Market and Exchange, Germany, Francois Hollande
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REUTERS SUMMIT-US budget cuts hit healthcare from flu watch to hospitals
Reuters(For other news from Reuters Health Summit, click on http://www.reuters.com/summit/Health13) * CDC chief worries as potential flu pandemic looms * FDA sees long-term consequences in recruitment, future leadership * Tenet takes a $50 million hit,...Tags: Diseases and Illnesses, China, Flu, Meningitis, Healthcare Contract Issues
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Latest China bailout reveals risk of local government's hidden debts
ReutersSHANGHAI (Reuters) - A Chinese local government has apparently used public funds to repay the debt of a private firm, in a case that raises fresh questions about whether recent estimates of local government debt properly account for the full range of...Tags: China, Auction Service, Shanghai (China), Banking, Debt Market
May 8, 2013
|Story| Allentown Morning Call
May 8, 2013
|Story| Reuters
May 8, 2013
|Story| Hartford Courant
May 8, 2013
|Story| Allentown Morning Call
May 8, 2013
|Story| Los Angeles Times
May 8, 2013
|Story| Reuters
May 7, 2013
|Story| Glendale News Press
May 7, 2013
|Story| Reuters
May 7, 2013
|Story| Reuters
May 7, 2013
|Story| Reuters
May 7, 2013
|Story| Reuters
May 7, 2013
|Story| Reuters
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