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US in recession

I'm calling it. The US recession began in Q4 2007. Q4 advance GDP was only 0.6 per cent on an annualised basis ( 0.15 per cent quarter-on-quarter), and revisions already implied by the factory orders report (out Monday) implied that this was cut to ...

http://www.businessspectator.com.au/bs.nsf/Article/SCOR
EBOARD-Thats-recession-BJSGK?OpenDocument
first added by businessnews, last updated 5 months 19 days ago
 
by 1 users

Financial Times joins Business Spectator's comprehensive commentary line-up

With the addition of the Financial Times, Business Spectator now has by far the best business commentary line-up in Australia. In addition to the three most experienced business commentators in the nation - Alan Kohler, Robert Gottliebsen and Stephen...

http://www.businessspectator.com.au/bs.nsf/Article/FT-j
oins-Business-Spectator-commentary-line-up-BA6B4?OpenDo
cument
first added by businessnews, last updated 5 months 27 days ago
 
by 1 users

Citi of lost souls

When Citigroup announced on November 4 that its sub-prime write-downs would be between $US8 and $US11 billion, someone obviously messed up the numbers in the press release.

http://www.businessspectator.com.au/bs.nsf/Article/Citi
-of-lost-souls-AVRWP?OpenDocument
first added by businessnews, last updated 6 months 10 days ago
 
by 1 users

Hero Howard's sticky end

Leadership issues played a major part in the decline and fall of the Howard Government. Peter Costello never had the support base in the Parliamentary Party because the polls said that voters would prefer John Howard as Prime Minister.

http://www.businessspectator.com.au/bs.nsf/Article/Hero
-Howards-sticky-end-9Z28L?OpenDocument
first added by businessnews, last updated 6 months 18 days ago
 
by 1 users

ANZ ups variable rate mortgages

Australia and New Zealand Banking Group Ltd (ANZ) said it will raise its variable mortgage interest rate by 0.20 per cent to 8.77 per cent for new and existing customers.

http://www.businessspectator.com.au/bs.nsf/Article/ANZ-
ups-variable-rate-mortgages-AM85D?OpenDocument
first added by businessnews, last updated 6 months 18 days ago