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Aug. 26 (Bloomberg) -- Toyota Motor Corp., Japan’s biggest carmaker, will cut domestic production as car sales in the country fall to the lowest in more than 30 years. Toyota will reduce output by about 220,000 vehicles at its Takaoka plant

Aug. 17 (Bloomberg) -- The Federal Reserve extended by three to six months an emergency program aimed at restarting credit markets, a move that may cushion the commercial real- estate industry from rising defaults and falling prices. The Term

Aug. 19 (Bloomberg) -- The U.S. must address the massive amounts of “monetary medicine” that have been pumped into the financial system and now pose threats to the world’s largest economy and its currency, billionaire Warren Buffett

WASHINGTON (AP) -- The Obama administration is developing plans to wind down the popular Cash for Clunkers program and could announce by Friday when the incentives will no longer be available. Transportation Secretary Ray LaHood said Wednesday the

By HANNAH SELIGSON Published: August 10, 2009 BEIJING — Shanghai and Beijing are becoming new lands of opportunity for recent American college graduates who face unemployment nearing double digits at home. Even those with limited or no

BOSTON (MarketWatch) -- Toll Brothers Inc. before Wednesday's opening bell said orders for new homes rose in the latest quarter from the year-ago period for the first time in roughly four years, providing more support to housing optimists who say the

July 23 (Bloomberg) -- Warren Buffett’s option to buy shares of Goldman Sachs Group Inc., part of an agreement reached at the depths of the credit crisis, has earned a profit on paper of about $2 billion, a return of more than 40 percent

Markets will drop 25 to 50 percent and it will happen abruptly, Deighan told CNBC. “There’s no basic foundation for the run-up we’ve had, been far too rapid. It continues to run up on what’s normally considered bad

College Grad Can't Find Job, Wants $$$ Back | NBC New York She went to college to boost her chances of finding a great job once she got out of school, but now that that hasn't happened, Trina Thompson wants her money back. Thompson, a graduate of

Five Reasons the Market Could Crash This Fall -- Seeking Alpha Few commentators care to mention that the total notional value of derivatives in the financial system is over $1.0 QUADRILLION (that’s 1,000 TRILLIONS). US Commercial banks alone

A Scary Reality By BOB HERBERT Published: August 10, 2009 https://www.mql5.com/go?link=http://www.nytimes.com/2009/08/11/opinion/11herbert.html?_r=2&hp Last week was a pretty good one for President Obama. Bill Clinton helped out big time when he

TOKYO -- Toyota Motor Corp. posted its steepest domestic output drop for November in 30 years, with sales and exports tumbling to decade lows while local rivals cut production to counter dwindling auto demand world-wide. Toyota said Wednesday that

NEW YORK (MarketWatch) -- Shares of Morgan Stanley fell about 1.5% Wednesday after analysts at Goldman Sachs trimmed their rating on the stock to neutral from buy. GS cautioned on MS trading and wealth-management businesses, but did say that several

July 22 (Bloomberg) -- Siemens AG plans to cut more than 1,400 jobs as the German maker of building controls, trains and turbines strives to meet profit targets for the year. A unit manufacturing controls for office blocks and buildings is seeking to

Commercial Loans Failing at Rapid Pace - WSJ.com U.S. banks have been charging off soured commercial mortgages at the fastest pace in nearly 20 years, according to an analysis by The Wall Street Journal. At that rate, losses on loans used to finance

Moneynews - Who is Going to Buy U.S. Debt? In fiscal 2009, the U.S. government must find buyers for $2.041 trillion in new debt, three times as much debt as it issued last year. Given the current state of the economy, it seems frighteningly apparent

July 27 (Bloomberg) -- Hats off to officials in Seoul. South Korea’s ability to expand at the fastest pace in almost six years is some of the best news Asia has had in a long while. It’s a sign that even with the $14 trillion U.S. economy

By Nassim Nicholas Taleb 1. What is fragile should break early while it is still small. Nothing should ever become too big to fail. Evolution in economic life helps those with the maximum amount of hidden risks – and hence the most fragile

The Sovereign Society Offshore A-Letter Monday, July 20, 2009 Financial “Hindsight” Set to Ruin Investors: The Inconvenient Difference between What the Fed Does and what the Media Says Dear A-Letter Reader, Hindsight’s a funny

July 9 (Bloomberg) -- China’s passenger-vehicle sales rose 48 percent in June, the biggest jump since February 2006, as government stimulus spending spurred a revival in the world’s third-largest economy. Chinese motorists bought 872,900