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More Articles from Advertising Information: MORE RESOURCES: Overachievers perpetually strive for higher credit scores, with little gain Restrained spending by consumers held growth in the U.S. economy to a 2.8% annual pace in the fourth quarter, slower than economists forecast while still the fastest pace in more than a year. Following a year of business reverses amid vast public distrust, the leaders of the world’s biggest banks are celebrating austerity at the World Economic Forum President Barack Obama wants to ask Congress to connect federal aid with a college’s ability to restrain tuition-cost hikes while preserving educational quality Japanese Prime Minister Yoshihiko Noda says doubling the consumption tax is a necessary remedy to address soaring debt and social welfare costs. His opponents don’t disagree; they’re just not going to let him do it. The U.S. Federal Reserve’s pledge to keep interest rates low through at least late 2014 creates a risk of hyperinflation in Hong Kong, said Jaspal Bindra, Standard Chartered Plc’s chief executive officer for Asia. U.S. monetary stimulus, blamed in 2010 for spurring speculative capital flows to emerging markets, may find less opposition this time round in Asia as the region’s focus shifts to supporting economic growth. Lone Star Funds’ sale of Korea Exchange Bank won approval from regulators, clearing the final hurdle for Hana Financial Group Inc.’s 3.9 trillion won ($3.5 billion) purchase. Jan. 27 (Bloomberg) -- Bloomberg’s Trish Regan, Dominic Chu and Lisa Murphy report on today’s ten most important stocks including Chevron Corp., Lions Gate Entertainment Corp. and Bank of America Corp. Jan. 27 (Bloomberg) -- Bloomberg's Dominic Chu and Sara Eisen report on the highlights from Davos. Jan. 27 (Bloomberg) -- Ethan Harris, co-head of global economic research at Bank of America Merrill Lynch, talks about the outlook for the U.S. economy and Federal Reserve monetary policy. Restrained spending by consumers held growth in the U.S. economy to a 2.8% annual pace in the fourth quarter, slower than economists forecasts. Harris speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." Jan. 27 (Bloomberg) -- Bloomberg's Scarlet Fu reports on the legal shootout that has erupted within Austria's wealthy Glock clan, makers of the well-known semiautomatic pistol of the same name. After lagging last year, he loads up on Treasuries and municipal bonds Senior bankers feast on beaten-down loans and bonds |
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