Interest Rate
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Greek party leaders begin crucial debt talks
… their current bonds for new ones worth 50 percent less than the original face value, with longer repayment terms and a lower interest rate . They are also expected to get a euro30 billion payment as part of the bond swap deal. "We face crucial decisions …
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Greek party leaders begin crucial debt talks
… their current bonds for new ones worth 50 percent less than the original face value, with longer repayment terms and a lower interest rate . They are also expected to get a euro30 billion payment as part of the bond swap deal. "We face crucial decisions …
Audio & Video
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The First Look - Suzanne O'Halloran, BloombergBloomberg's Suzanne O'Halloran gives us the First Look into Today's Market.
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Congressman Barney Frank on Relief for Homeowners
Congressman Barney Frank discusses relief for homeowners with Barry.
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The First Look - Jeff Cox, CNBC
Jeff Cox from CNBC gives us The First Look into today's business news.
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CNBC's Larry Kudlow on Investor Sentiment
Larry Kudlow from CNBC discusses investor sentiment.
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Is being Gay an Addiction?The Roman Catholic Diocese of Portland has announced that is forming a state chapter of an international ministry that supports people with what the church describes as same sex attraction. The group known as Courage helps members live chaste lives in accordance with the church's teaching on homosexuality. Mark Doty, pastor of Hammond Street Congregational Church, who is gay, told the Bangor Daily News that it is "presumptuous and wrong-headed" to equate homosexuality with addictive behavior. The diocese said in a statement that the support group was being launched in Maine at the request of people who sought the church's help. Do you agree with this?
Pages & Blogs
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GOP Tells Fed to Stop the Stimulus
… this week to consider what steps it should take to meet its dual mandate of low inflation and steady employment. Because interest rates are already essentially at zero, and the Fed has already said it would keep them there until at least 2013, many economists …
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S&P Wants More Spending Cuts
… grip on the nation's finances in the mid – to long-term, as well as fears that the economy could weaken, and that interest rates could spike higher, causing interest costs on the debt to rise. S&P also cited a weakening federal revenue picture …
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Debt Ceiling: Prez Tells Congress to Step-Up
… that is a hard deadline." He called the consequences to not acting "significant and unpredictable," adding that if capital markets pull money out of the economy, it could mean an increase in interest rates and, with them, lost jobs.
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Fed Said
After the Fed meeting today - Jim Cramer is another voice arguing that it is bad policy from Washington that is holding the economy back. On CNBC's Aug. 10 "Street Signs," during his "Stop Trading" segment, Cramer explained that the Fed is acting appropriately and noted it wasn't the Bernanke that
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Who's Spinning
… Nor do investors seem unduly concerned: U.S. government bonds continue to find ready buyers, even at historically low interest rates . The long-run budget outlook is problematic, but short-term deficits aren’t — and even the long-term outlook is much …
