Wikinvest Wire

Thursday morning links

Thursday, March 26, 2009

TOP STORIES
Economy dips at slightly faster 6.3 percent pace - AP
Geithner to Outline Major Overhaul of Finance Rules - NY Times
U.S. Vows To Sustain Dollar's Dominance - Wash. Post
China calls for full-scale financial system overhaul - CHINADaily
US backing for world currency stuns markets - Telegraph
Banks’ Hidden Junk Menaces $1 Trillion Purge - Bloomberg
Stiglitz's U.N. Panel: Replace the Dollar - BusinessWeek
A dream team should investigate the meltdown - LA Times

MARKETS/INVESTING
Oil rises on positive US data, stock gains - AP
Gold edges up as dollar steadies, ETF at record - Reuters
More companies cut or end 401(k) plan matches - USA Today
From credit crunch to oil shock? - Reuters
It's time to buy, the oracle of Hong Kong says - IHT
Weak Demand at Treasury Auction Gives Wall St. Pause - NY Times

ECONOMY
U.S. fourth-quarter GDP falls 6.3 percent - Reuters
More than 5.5 million are getting jobless benefits - AP
UCLA Anderson Forecast: dark days - LA Times
Things may be looking up for the economy ... right? - Seattle Times
New home sales rise 4.7 percent in February - Reuters

INTERNATIONAL
Record decline hits Irish economy - BBC
King's comments trigger first gilt auction failure since 1995 - Telegraph
US 'has to clean up dollar mess' - CHINADaily
Economic uncertainty boils over in workplace - Globe & Mail
It's time to call a halt, Prime Minister - Telegraph
Tempers flare as pain spreads in Europe - IHT
Migrants' job situation in cities better than expected - CHINADaily
UK retail sales post weakest annual growth since 1995 - Telegraph

HOUSING
Housing market: Opportunity of a lifetime - Manteca Bulletin
Signs of Turnaround in California’s Housing Market -WSJ Economics Blog
Housing Market Shows Signs of Life - Money Morning
Economic Data Indicate A Housing Thaw - Forbes

FED/TREASURY/BANKING
Fed needs to double balance sheet: PIMCO - Reuters
Geithner Remarks on IMF Currency Roil Market - Bloomberg
Fed's Lockhart: Better data does not signal recovery - Reuters
Congress Could Learn a Thing or Two From Nascar - Bloomberg

INTERESTING
The New California Gold Rush - NBC LA
Woman Pleads Guilty in Mortgage Fraud Scam - Wash. Post
Why Eliot Spitzer was assassinated - Brasscheck TV

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