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Business reacts to US Senate passing health reform
25th December, 2009 06:22
FACTBOX - Business reacts to U.S. Senate passing health reform
US durable orders up, jobless claims at 15-mth low
New orders for long-lasting US manufactured goods, excluding transportation items, surged in November and new applications for jobless aid hit the lowest level in
US rate hikes in 2010? Plausible, but not a given
Judging from the core of the central bank's rate-setting Federal Open Market Committee, most prominently Chairman Ben Bernanke and his No. 2, Donald Kohn, policy
US Senate approves landmark healthcare overhaul
The US Senate approved President Barack Obama's landmark healthcare overhaul on Thursday, backing sweeping changes in the medical insurance market and new coverage
Wall St hits 2009 highs on data in short session
US stocks rallied in a brief pre-holiday session on Thursday after data showing a drop in initial jobless claims and growth in durable goods orders suggested an ec
US credit card cos face tough 2010 with new rules
New legislation may have a much more dire effect on credit card lenders' earnings than analysts had expected, and 2010 could be a brutal year for the companies.