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Curbing derivatives might hurt, not help, Greece (AP)

March 10, 2010

Graphic shows monthly cost to insure $10 million in Greek bondsAP - Derivatives have become a dirty word.


Soaring China home prices thwart ordinary buyers (AP)

March 10, 2010

In this photo taken Thursday, March 4, 2010, a scavenger searches for metal material to sell at a demolished traditional houses where new apartment will be built in Shanghai, China. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals. Young Chinese are finding their aspirations thwarted by an overheated property market that is enriching already wealthy speculators, local officials and other Communist Party allies. (AP Photo/Eugene Hoshiko)AP - The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals.


Car detectives crowd around Monday's runaway Prius (AP)

March 10, 2010

Driver James Sikes talks about his experiences in his Toyota Prius during a news conference held at Toyota of El Cajon Tuesday, March 9, 2010, in El Cajon, Calif. Sikes' 2008 Toyota Prius raced out of control on a San Diego freeway Monday. A California Highway Patrol officer helped him stop the car.  (AP Photo/Denis Poroy)AP - The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid.


Asia markets little changed as China exports surge (AP)

March 10, 2010

Traders work on the floor of the  New York Stock Exchange, Tuesday, March 9, 2010.(AP Photo/Mark Lennihan)AP - Asian stock markets were little changed Wednesday even as surging Chinese exports pointed to a pickup in global trade.


Kan. mulling new soda tax, raising other levies (AP)

March 10, 2010

AP - Kansas would impose a new tax on soda — a penny for every teaspoon of sugar — under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.

Oil hovers above $81 amid mixed US inventory data (AP)

March 10, 2010

In this image released by Nord Stream on Tuesday March 9, 2010 shows the wheel of a 18th or 19th century  sailing ship seen in the waters of the Baltic Sea.   A dozen centuries-old shipwrecks  some of them unusually well-preserved  have been found in the Baltic sea by a gas company building an underwater pipeline between Russia and Germany, Swedish experts said Tuesday. The oldest wreck probably dates back to medieval times and could be up to 800 years old, while the others are likely from the 17th to 19th centuries, said Peter Norman, of Sweden's National Heritage Board. (AP Photo/Nord Stream, Ho)AP - Oil prices hovered above $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand.


A look at global economic developments (AP)

March 10, 2010

AP - A look at economic developments and activity in major stock markets around the world Tuesday:

IRS eases rules on tax settlements (AP)

March 10, 2010

AP - As tax day approaches, the Internal Revenue Service is giving agents more flexibility to work with taxpayers who have seen their incomes drop during the recession.

ICF International's 4Q net ticks higher (AP)

March 10, 2010

AP - ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.

'IMF' for Europe a distracting sideshow: experts (AFP)

March 10, 2010

A man looks at a poster showing the Slovak edition of the euro. Talk of a European version of the International Monetary Fund to rescue errant EU states is little more than a distracting sideshow, analysts and a key central banker say.(AFP/File/Samuel Kubani)AFP - Talk of a European version of the International Monetary Fund to rescue errant EU states is little more than a distracting sideshow, analysts and a key central banker say.


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