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Warren Buffet would be surprised if stock prices fell 50%

Warren Buffet would be surprised if stock prices fell 50%

NEW YORK, March 14 (UPI) -- Warren Buffet said Friday that he would be "surprised a lot" if stock prices globally fell by 50 percent, but said another financial crisis was possible.
Ananth Baliga

The almanac

UPI Almanac for Saturday, Nov. 23, 2013.
By United Press International

Geithner takes job with private equity firm

NEW YORK, Nov. 16 (UPI) -- Former U.S. Treasury Secretary Tim Geithner, who stepped down in January, has taken a job with the private equity firm Warburg Pincus.

The almanac

UPI Almanac for Saturday, Oct. 12, 2013.
By United Press International
Senate aide says White House working on replacement for Bernanke

Senate aide says White House working on replacement for Bernanke

WASHINGTON, June 28 (UPI) -- White House officials are working to select a replacement for U.S. Federal Reserve Chairman Ben Bernanke, whose second term ends in January, a Senate aide said.
President Obama hints Bernanke may be gone as Fed chief in 2014

President Obama hints Bernanke may be gone as Fed chief in 2014

WASHINGTON, June 18 (UPI) -- President Obama indicated he would replace U.S. Federal Reserve Chairman Ben Bernanke when his term expires next year.

The almanac

UPI Almanac for Monday, April 15, 2013
By United Press International

UPI NewsTrack Business

U.S. markets fade late in session ... Jack Lew sworn in as treasury secretary ... Florida insurer airs dirty laundry list ... Sales of horsemeat up in France ... News from United Press International.

UPI NewsTrack TopNews

News from United Press International, around the world around the clock ...

Jack Lew sworn in as treasury secretary

WASHINGTON, Feb. 28 (UPI) -- Jack Lew was sworn in as treasury secretary Thursday in a private ceremony hosted by President Obama.

UPI NewsTrack TopNews

News from United Press International, around the world around the clock ...
Senate confirms Lew as treasury secretary

Senate confirms Lew as treasury secretary

WASHINGTON, Feb. 27 (UPI) -- The U.S. Senate Wednesday voted handily to confirm Jack Lew as treasury secretary despite reservations by some Republicans.

UPI NewsTrack Business

Markets ahead at the close ... Bernanke unflappable over policy ... GM says it did not request CEO raise ... World's tallest hotel opens in Dubai ... News from United Press International.

GM says it did not request CEO raise

DETROIT, Feb. 26 (UPI) -- U.S. automaker General Motors denied it had asked the government for a 20 percent raise for Chief Executive Officer Dan Akerson.
Senate committee approves Lew

Senate committee approves Lew

WASHINGTON, Feb. 26 (UPI) -- The Senate Finance Committee approved Jack Lew as the next U.S. treasury secretary.

Lew's banking background is managerial -- dull, but confirmable

A nomination hearing for Jack Lew, a former Citigroup manager, to serve as U.S. treasury secretary would seem to offer a unique perspective on bank bailouts.
ANTHONY HALL, United Press International

Where austerity hurts

The Congressional Budget Office said this week new policies would pinch spending among the rich and the poor.
ANTHONY HALL, United Press International

UPI NewsTrack Business

Markets close mixed ... RBS to pay $613 million for Libor fixing ... Trade group sues olive oil producer ... Motorcycle sales rose in 2012 ... Former treasury secretary lands a job ... News from United Press International.
Former treasury secretary lands a job

Former treasury secretary lands a job

NEW YORK, Feb. 6 (UPI) -- A think-tank in New York announced its most recent hire is former U.S. Treasury Secretary Timothy Geithner.

The status quo

Asking how Tim Geithner did as the U.S. treasury secretary, one week after he has stepped down, is a question of tone and detail.
ANTHONY HALL, United Press International

UPI NewsTrack TopNews

News from United Press International, around the world around the clock ...

Debt ceiling delay gets Senate OK

WASHINGTON, Jan. 31 (UPI) -- The U.S. Senate followed the House's lead Thursday and approved a temporary suspension of the U.S. debt ceiling, averting yet another fiscal showdown.

UPI NewsTrack Business

Stocks climb Friday ... Verizon, AT&T in wireless spectrum deal ... Appeals court reduces Bratz judgment ... Geithner: 'Not a chance' on Fed job ... Volkswagen sets up Super Bowl ad ... News from United Press International.
Geithner: 'Not a chance' on Fed job

Geithner: 'Not a chance' on Fed job

WASHINGTON, Jan. 25 (UPI) -- Departing U.S. Treasury Secretary Timothy Geithner said Friday he would not accept an invitation to serve as the chairman of the Federal Reserve.
President Obama leads conga line at inaugural-ball after-party

President Obama leads conga line at inaugural-ball after-party

WASHINGTON, Jan. 23 (UPI) -- U.S. President Barack Obama led a conga line and did the electric slide at an inaugural-ball after-party at the White House, the New York Post said.
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