What might make the Fed flinch? (Reuters)

Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.

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What might make the Fed flinch?
(Reuters)

Debt levels should fall after pre-crisis jump: BIS (Reuters)

Reuters - Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.

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Debt levels should fall after pre-crisis jump: BIS
(Reuters)

McCain Hits Democrats for ‘Flailing Around’ on Economy (CQPolitics.com)

CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.

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McCain Hits Democrats for ‘Flailing Around’ on Economy
(CQPolitics.com)

Taxpayers may face initial loss on GM IPO: sources (Reuters)

Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker’s stock, six people familiar with preparations for the landmark IPO said.

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Taxpayers may face initial loss on GM IPO: sources
(Reuters)

Suzuki to build new auto plant in India (AFP)

AFP - Japan’s top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.

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Suzuki to build new auto plant in India
(AFP)

IMF’s Lipsky says moderate world recovery underway (Reuters)

Reuters - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF’s First Managing Director, John Lipsky, said on Sunday.

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IMF’s Lipsky says moderate world recovery underway
(Reuters)

BP: Crews lifting device from Gulf face delay (AP)

AP - A crane hoisted a key piece of oil spill evidence to the surface of the Gulf of Mexico on Saturday, giving investigators their first chance to personally scrutinize the blowout preventer, the massive piece of equipment that failed stop the gusher four months ago.

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BP: Crews lifting device from Gulf face delay
(AP)

Venezuela OKs payment for French retailer Casino (Reuters)

Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.

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Venezuela OKs payment for French retailer Casino
(Reuters)

Trichet calls for united EU at the IMF (AFP)

AFP - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.

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Trichet calls for united EU at the IMF
(AFP)

Anglo Irish Bank to be "decommissioned": minister (Reuters)

Reuters - Nationalized Anglo Irish Bank will be “decommissioned,” with a decision on its fate expected within a few weeks, a junior government minister was quoted on Saturday as saying.

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Anglo Irish Bank to be "decommissioned": minister
(Reuters)

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