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Noteworthy News – July 25, 2010


How’s that Troubled Asset Relief Program going? Not so well – Investor’s Business Daily

The next big task of financial reform: dismantling Fannie and Freddie – Economist

White House predicts record $1.47 trillion deficit – Associated Press

How Congress Spends Billions on Itself: Food Tab: $604,000 for Bottled Water, $152 at Quiznos – AOL News

New safe-haven currencies shine amid debt fears – Reuters


Deflation: Bad for Japan, but Brutal for the U.S.? – Daily Finance

UK economic growth jumps to 1.1% – BBC News

Fed prepared to ease if economy weakens: Bernanke – Marketwatch

Unemployment above 7% through 2012 says Bernanke – Examiner

U.S. Housing Starts Drop to Lowest Level Since October – Bloomberg

China now world’s biggest energy user – CNN


Rosenberg’s 17 reasons to be bullish (seriously) – FT Alphaville

With Stocks, It’s Not the Economy – Time

How profits, stocks can rise as economy stumbles – Washington Post

Shadow space haunts office market – Star Tribune

Treasuries Fall on Better-than-Expected Forecasts for U.S. Company Profits – Bloomberg

Warren Buffet’s 10 Rules for Investing – SelfGrowthEngine


UK banks pass stress tests as seven fail in Europe – Telegraph

Federal Report Faults Banks on Huge Bonuses – New York Times

What The Financial Bill Did And Didn’t Do – NPR

Goldman Sachs Profit Drops 82%, Missing Estimates – Bloomberg

Posted in Economics, Markets, Media, Politics.

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