By Dian L. Chu, The de facto reinstated drilling ban in the Gulf is widely expected to last beyond the announced six months. Investors fled the energy sector, while producers are jumping onshore attem...
Across the country state budget crises are threatening to undermine the U.S. economic recovery. Some 48 states are emerging from a round of painful budget cuts for their 2010 fiscal budgets, and at...
Greece – the poster-child for reckless spending and irresponsible budget management – has suddenly morphed into the shining example of how to cut a deficit. Figures just released by the Greek cent...
Greece – the poster-child for reckless spending and irresponsible budget management – has suddenly morphed into the shining example of how to cut a deficit. Figures just released by the Greek cent...
California Pizza Kitchen Inc. (NASDAQ:CPKI) recently reduced its second-quarter fiscal 2010 guidance on interim results as comparable-store sales declined 2.7% in April and 7.9% in May. The comparable...
In the face of a budget shortfall that could reach 50 percent of current General Fund spending, the Gibbons administration is moving to dramatically change how the state builds its budget.16...
Public sector net borrowing in April posted the largest shortfall since monthly records began in 1993 Fundamental Headlines • Debt Worries Hit Europe Stocks – Wall Street Journal • Euro St...
The Great Britain pound fell today against most other major currencies, including the U.S. dollar and Japanese yen, on the concerns about the nation's budget shortfall and after the ...
The Euro slid today as investors and traders focused on the shortfalls in the rescue package and the weaker growth expected if austerity measures are to bring down large deficits. That despite a stron...
SOVEREIGN DEBT DEFAULT — if you watch CNBC that’s all they talk about. While the restructuring of some European debt will have implications, especially on the Euro, we need to keep our h...