Berkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire’s worst result in the 44 years that Chairman Warren Buffett has run the company and, in fact, only the second decline in that period. The other drop was 6.2% in 2001, a year hurt by 9/11 and other problems in Berkshire’s insurance operations.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/Se4EOuL_VJk” height=”1″ width=”1″/
Miesiąc: Luty 2009
Postój za państwowe
Rząd po raz pierwszy zamierza pomóc firmom tak, by nie musiały zwalniać ludzi – donosi "Gazeta Wyborcza". Chce płacić pracownikowi połowę pensji minimalnej, gdy firma stanie z powodu kryzysu. Drugą połowę ma dorzucić pracodawca.
Regulators shutter 2 more banks
U.S. bank regulators closed two more banks on Friday, the 15th and 16th banks to fail this year, as the worsening recession pulled more regional banks underwater.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/nqlUa6j1Q1Y” height=”1″ width=”1″/
Obama thinks big in budget
President Obama last week — his sixth in office — showed his hand on how he hopes to shape the government’s federal budget and the U.S. economy along the way.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/T5s2O4uUtPY” height=”1″ width=”1″/
Mortgage deductions: Wealthy on the losing end
The Obama administration plans to tap the rich to help pay for its ambitious programs. Specifically, that will include slashing mortgage interest deductions for high-income taxpayers.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/dAMEcA9Hevk” height=”1″ width=”1″/
Calif. jobless hits double digits
Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/0XURXAGPp58″ height=”1″ width=”1″/
Dollar falls after grim GDP data
Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/vNSmpD6UX6c” height=”1″ width=”1″/
Obama’s rude shock to six-figure earners
During the presidential campaign, Barack Obama tempered his pledge to substantially raise taxes for high earners with an important proviso: He’d simply restore rates to their levels during the Clinton Administration. The implication was that families in the upper brackets would see their total tax bite go back to the levels of the 1990s, but no higher.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/CYKWP1KOSfQ” height=”1″ width=”1″/
Oil settles down 1%
Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/fHtoBsqkKxY” height=”1″ width=”1″/
In one town, recession helps bridge cultural rift
The recession has hit Framingham, Mass., like an earthquake, shaking local businesses and thinning their numbers. But the town’s merchants have found one silver lining in the economic calamity: It’s forcing them to tackle a festering problem.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/bALfjLbiqYU” height=”1″ width=”1″/
The coming deficit reckoning
There is much that is encouraging in President Obama’s first budget, but also items of concern for those of us who worry that our growing deficits and debts will imperil America’s future.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/A1QZBSlqROg” height=”1″ width=”1″/
Oil drops more than 3%
Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/fHtoBsqkKxY” height=”1″ width=”1″/
Fed says long-run inflation forecasts useful
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Midwest: Economy better than expected
Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/EbblRs4jWd4″ height=”1″ width=”1″/
GDP slides 6.2% on slower spending
The nation’s economic slide during the last three months of 2008 was even sharper than previously estimated, with the broadest gauge of economic activity suffering its worst decline in 26 years, the government reported Thursday.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/JGdolBdwqss” height=”1″ width=”1″/
Consumer confidence slumps
Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/DgJ2jXQqsbU” height=”1″ width=”1″/
GDP slides on spending slowdown
The nation’s economic slide during the last three months of 2008 was even sharper than previously estimated, with the broadest gauge of economic activity suffering its worst decline in 26 years, the government reported Thursday.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/JGdolBdwqss” height=”1″ width=”1″/
Kryzys dotyka branżę turystyczną
W 2008 roku do Polski przyjechało o 9 procent mniej cudzoziemców niż w rok wcześniej. O 1/3 zmniejszyła się liczba gości zza wschodniej granicy: Białorusi, Ukrainy i Rosji. Ten bilans można poprawić – uważa Polska Organizacja Turystyczna. Paradoksalnie kryzys może spowodować napływ turystów z zagranicy. Polska stała się bardzo atrakcyjnym krajem pod względem cenowym.
Dollar gains after grim GDP data
Read full story for latest details.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/vNSmpD6UX6c” height=”1″ width=”1″/
GDP slides 6.2% on slower consumer spending
The nation’s economic slide during the last three months of 2008 was even sharper than previously estimated, with the broadest gauge of economic activity suffering its worst decline in 26 years, the government reported Thursday.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/JGdolBdwqss” height=”1″ width=”1″/
GDP slides 6.2% on export slowdown
The nation’s economic slide during the last three months of 2008 was even sharper than previously estimated, with the broadest gauge of economic activity suffering its worst decline in 26 years.img src=”http://feeds2.feedburner.com/~r/rss/money_news_economy/~4/JGdolBdwqss” height=”1″ width=”1″/
Dollar rallies on weakness in Europe
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