Alan Greenspan - Former Federal Reserve Board Chairman Alan Greenspan testifies before the Senate Foreign Relations Committee about the economic risks of oil dependence during a hearing on Capitol Hill in Washington on June 7, 2006. (UPI Photo/Roger L. Wollenberg)
1 of 37
GREENSPAN TESTIFIES ON OIL DEPENDENCE, ECONOMIC RISK
Former Federal Reserve Board Chairman Alan Greenspan testifies before the Senate Foreign Relations Committee about the economic risks of oil dependence during a hearing on Capitol Hill in Washington on June 7, 2006.
WASHINGTON, Sept. 17 (UPI) -- Congressional members said they are considering possibly creating a new U.S. agency to buy bad debt considered to be the center of Wall Street's woes.
LONDON, Sept. 5 (UPI) -- Now the recession watch in Britain is getting really serious. Punch Taverns, the country's largest operator of pubs, a classic symbol of English life, has decided to scrap its dividend to shareholders after a drop in sales of more than 3 percent. The company blamed "challenging trading conditions."
WASHINGTON, July 16 (UPI) -- The U.S. economy is a roaring bear, not a charging bull, these days. The bear is hungry and bad-tempered, and its rage is getting worse.
The Al-Basaer newspaper of the Association of Muslim Scholars in its Thursday editorial said Iraqi Prime Minister Nouri al-Maliki is in one of the most troublesome tight spots he has been in since coming to power.