Tuesday, February 17, 2009

Quick Overview

  • The New York Federal Reserve's regional index of manufacturing fell from -26.14 to -39.08

  • YoY, the number of U.S. airline passengers fell 12.8% in November – the biggest drop in domestic and international passengers since January 2002.

  • Singapore January exports fell 35% as global demand collapses.

  • Japan's GDP fell 3.3% in Q4

  • YoY U.K. consumer prices rose 3.0%

  • Canada’s manufacturing sales fell 8.0% in December

  • (CNN Money) There's a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama's signature on Tuesday. First-time buyers can claim a credit worth $8,000 - or 10% of the home's value, whichever is less - on their 2008 or 2009 taxes.

  • The SEC filed charges against R. Allen Stanford, alleging he orchestrated a multi-billion dollar scheme centering on an $8 billion CD program.

  • General Motors said it needs $16.6 billion in new U.S. loans. Chrysler needs another 5 billion

No comments: