Tagged: United States

Global debt up by $73 trillion since GFC

And perhaps most promising for the United States, its financial institutions have become significantly less leveraged, with financial-sector debt falling by 24 percentage points of GDP by McKinsey’s calculations. "One bright spot in our...

REA Group profits jump 34%

By By Darren Davidson - The Australian REA Group chief executive Tracey Fellows said the solid result reflected a relentless focus on “strengthening agent relationships” and the success of new products to connect home...

REA Group profits jump 34%

By By Darren Davidson - The Australian REA Group chief executive Tracey Fellows said the solid result reflected a relentless focus on “strengthening agent relationships” and the success of new products to connect home...

Standard and Poor’s to pay $1.8b for inflating mortgage rates

According to the Justice Department suit, S&P’s alleged fraud occurred from at least 2004 until 2007 and ultimately caused investors, including many financial institutions backed by the federal government, to lose billions of dollars....

US to purge intel on foreigners

By AFP “Now intelligence community elements must delete non-US person information collected through SIGINT five years after collection,” it added, referring to signals intelligence, or the gathering of information from signals and other communication....

Telstra makes Cloud chief CIO

By Supratim Adhikari “I regard this as a significant and positive step forward for Telstra, particularly at this point in time as we’re becoming even more reliant on our IT capabilities to shape Telstra’s future in...

James Hardie eyes US$235m FY profit

By Michael Roddan The full-year guidance assumed housing industry conditions would continue to improve at a more moderate level than originally assumed at the beginning of the year, and an exchange rate at or near current levels for the rest...

need2know: Wall Street to weigh

Morgan Stanley strategists upgraded their forecast for European earnings for the first time in three years, seeing an improvement in the region’s economic momentum this year. "After four years of persistent growth disappointment, we...

US Senate approves Keystone pipeline

The US Senate has approved a bill authorising construction of the controversial Keystone XL oil pipeline from Canada to the United States, a Republican priority that faces a presidential veto. After weeks of sometimes...