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Study: States must fill $1 trillion pension gap
HARRISBURG, Pa. - States may be forced to reduce benefits, raise taxes or slash government services to address a $1 trillion funding shortfall in public sector retirement benefits, according to a new study that warns of even more debilitating costs if immediate action isn't taken.
Nations:U.S. Source:(AP)
2010-02-19
Company results, data lift Wall St; HP rises late
NEW YORK (Reuters) - Stronger-than-expected corporate results and upbeat economic data drove U.S. stocks higher on Wednesday as they fed expectations the recovery will bolster corporate profits.
Activities:U.S. Markets
2010-02-17
European markets edge up despite Greek debt fears
LONDON - European stock markets won some respite Monday ahead of a meeting of eurozone finance ministers in Brussels, where the Greek debt crisis will likely top the agenda. However, public holidays in many Asian countries as well as the U.S. have reined in some of the volatility that gripped markets over the last couple of weeks.
Nations:Portugal South Korea Spain Activities:European Markets Source:(AP)
2010-02-15
Greece: eurozone needs to state bailout plan
BRUSSELS - Greece's finance minister said a detailed rescue plan from other eurozone nations would be the best way to soothe the crisis over market fears that Greece could default on debt payments.
Nations:Greece Luxembourg Source:(AP)
2010-02-15
G7 talk on Greece will not soothe global investors
TORONTO (Reuters) - Investors are skeptical of assurances European finance ministers gave to their Group of Seven counterparts this weekend that the euro zone's debt crisis is under control.
Nations:Canada Portugal U.S. Spain Greece People:Timothy Geithner Activities:Group of Eight
2010-02-07
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