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Last updated: 22:47:23 Friday Oct 30, 2009


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  • US consumer spending dips first time in five months
    WASHINGTON (AFP) - US consumer spending, a critical growth driver, fell for the first time in five months in September, official data showed Friday amid fears the economy may slow just after exiting recession.   Activities:2008 U.S. Recession   Source:(AFP)   2009-10-30

    Pay czar vows to rework AIG bonuses
    WASHINGTON (Reuters) - Renegotiating bonuses to American International Group employees is a "top priority," the Obama administration's pay czar said on Wednesday, adding he believes he can do so without losing key employees.   Activities:2008 AIG Crisis   Source:(Reuters)   2009-10-28

    U.S. cuts pay at bailed out firms, BofA hits back
    WASHINGTON (Reuters) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.   People:Barack Obama   Activities:2008 U.S. Financial Rescue   2009-10-22

    Social Security freeze means seniors must scrimp
    PEMBROKE PINES, Fla. - If her check were bigger, 76-year-old Agnes Conti might be able to spring for a better cut of meat for her pot roast. She could afford to send her nine grandchildren more than $20 for their birthdays and Christmas. She'd be able to buy some nice new clothes, like she sees on QVC, not what she settles for at Walmart.   Nations:U.S.   Source:(AP)   2009-10-16

    German rivals spar, but no killer punch in TV debate
    BERLIN (AFP) - German Chancellor Angela Merkel's beleaguered challenger performed better than expected in a TV debate two weeks before elections but failed to land a knock-out punch, the press said Monday.   People:Angela Merkel Gerhard Schroeder   Source:(AFP)   2009-09-13

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