Fed to Examine Rules on Capital and Liquidity to Insulate Against Market Shocks
April 10, 2008
Fed Chairman Ben Bernanke said the Federal Reserve will examine
guidance on capital and liquidity and that new
regulations should insulate against financial market shocks.
Treasury Secretary Paulson Says Economy "Has Turned Down Sharply"
April 10, 2008
The U.S. economy “has turned down sharply” according to U.S. Treasury
Secretary Henry Paulson, speaking to the Council of Institutional
Investors in Washington, D.C. on Thursday morning.
U.S. Jobless Claims Down from Spike, but Trend is Still Up, Economists Say
April 10, 2008
First-time claims for jobless benefits in the United States declined
after hitting a two-and-a-half year high last week, the Department of
Labor reported Thursday.