Economy News

UK's Darling says considering fiscal reform Friday, 18 Jul 2008 09:14pm EDT

LONDON, July 19 (Reuters) - Britain's finance minister Alistair Darling said in an interview published on Saturday that he was considering reforming the rules governing public finances and expected the economic downturn to last for years.  Full Article

 
DIARY - Today in Washington - July 21 Friday, 18 Jul 2008 04:30pm EDT 

1000/1400 - Conference Board issues Leading Economic Indicators for June  Full Article 

DIARY-Federal Reserve Events Friday, 18 Jul 2008 04:18pm EDT 

CHICAGO - Federal Reserve Bank of Chicago issues monthly Chicago Fed National Activity Index on current state of U.S. economic activity and inflationary pressures, 0730 CDT/0830 EDT/1230 GMT  Full Article 

Citigroup, Merrill awash in red

Jul. 18 - Citigroup lost $2.5B in the second quarter, while Merrill stunned Wall St. with a $4.9 billion loss.  Play Video