Banks Finding Few Signs of Distress in Repo, Credit Markets
July 28 (Bloomberg) -- U.S. banks searching for hints of credit-market distress ahead of next week’s deadline to raise the debt ceiling are finding few signs of panic so far. Commercial banks and…
A strangle…
S&P Sees Greek Default on Debt After EU Plan Takes Effect
July 27 (Bloomberg) -- Greece will partially default on its debt once European officials push through a plan that will see bondholders foot part of the bill of a second bailout agreed to last week in…
Debt fears lead to US downgrade - BUT DOES IT MATTER?
Debt fears lead to US downgrade By Michael Mackenzie in New York Egan-Jones has become the first US rating agency to downgrade the country’s sovereign credit rating from triple A to double A plus as…
(Reuters) -…
With the economy still weak and…US Property Prices Fall
Real Estate prices in major US cities rose for the second straight month in May, propped up by a flurry of spring buyers. But after adjusting for such seasonal factors, prices fell in a majority of…