NZ Quake and Economic Preparedness »
The major earthquake that tore across New Zealand’s second largest city of Christchurch this weekend has left a trail of damage and broken dreams in its wake, but it has also left something a bit unexpected; an increase in construction and building stocks.
Even though the New Zealand dollar dropped briefly against the US dollar, the [...]
Afghan Banks Seeing Run on Withdrawals »
More and more Afghans have started to pull their money out of the nation’s largest bank, even after the government there has made assurances that their money is being safely held. Kabul Bank branches around the capital city have been swarmed by citizens looking to remove both dollar and Afghan currency because of a change [...]
Unemployment Numbers Show in Stock Closing »
Good news hit the unemployment figures on Friday as the numbers show a rebound of figures that seemed to be better than were originally expected. These better figures helped boost up the Dow showing its first weekly gain since the early weeks of August.
There are some experts that think the raising of the stock market [...]
Lehman Brothers Blame Government »
The former chief to Lehman Brothers announced that the lack of government assistance was a leading cause in why the lending institution failed during the financial crisis in 2007, unlike other banks that received bailout money to help stay afloat. This announcement came at a hearing with a panel that is investigating the leading causes [...]
