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Deficit reduction will keep unemployment high, new report warns Print E-mail

Without further government stimulus, the jobless rate will stay at 10 percent for the next five years, Levy Institute analysis says.

 
Corporate defaults easing, but concerns remain Print E-mail

Default rates on high-yield debt have fallen slightly, but refinancing hasn’t done much to reduce leverage, says Fitch.

 
Meredith Whitney: Financial system is kicking out the consumer Print E-mail

Bank analyst says she has "100 percent conviction that the consumer is not getting any better and there's not more liquidity."

 
Dudley counters criticism of Fed's balance sheet Print E-mail

New York Fed chief says central bank’s ability to pay interest on reserves will help it control inflation.

 
CMBS delinquency rate hits record in Q3 Print E-mail

Even excluding construction and development loans, the commercial property market is getting whacked.

 
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