Dan Grech
Latest Stories (522)
More housing bailout could come
by
Dan Grech
May 20, 2008
Congress may be close to finishing a new housing bailout bill which would insure $300 billion more for mortgage refinancing and be kinder to taxpayers by making lenders like Freddie Mac cover defaults. Dan Grech has more.
Are dairy farmers milking consumers?
by
Dan Grech
May 19, 2008
Like gas, the price of milk is at about $4 a gallon, and the U.S. government suspects price fixing might be to blame. Dan Grech reports why the Department of Agriculture thinks the Dairy Farmers of America may be spoiling themselves.
Efforts to save energy are working
by
Dan Grech
May 15, 2008
A new report notes it takes half as much energy today to create $1 of economic output as it did in the 1970's. Dan Grech reports new efficiencies out in the next few decades can cut energy consumption even more.
Consumer spending beat April forecast
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Dan Grech
May 13, 2008
The Commerce Department's monthly retail report shows consumer spending dropped last month, but not as much as predicted. Dan Grech looks into why and what the numbers say about the overall economy.
Chavez's terrorist ties raise oil prices
by
Dan Grech
May 9, 2008
The price of oil jumped to $126 a barrel on news that Venezuela President Hugo Chavez may have closer ties than initially suspected with the Colombian terrorist group FARC -- raising fears of U.S. sanctions on his oil-rich nation. Dan Grech reports.
Banks want out of Clear Channel deal
by
Dan Grech
May 9, 2008
In November, radio station giant Clear Channel announced it would be taken private in a $20 billion leveraged buyout. Now, the banks that were to finance the deal want to back out. Dan Grech has more.
More productivity from fewer workers
by
Dan Grech
May 7, 2008
U.S. worker productivity increased in the first quarter of 2008 at an annual rate of better than 2% -- which is pretty good. But the underlying reason is that job cuts required the remaining employees to do more work. Dan Grech reports.
Bolivia leader plans company takeovers
by
Dan Grech
May 2, 2008
Facing a provincial vote this weekend, Bolivian President Evo Morales has announced he plans to nationalize the nation's biggest telecommunications company and four foreign-owned natural gas companies. Dan Grech reports.
Goal! Brazil scores higher credit rating
by
Dan Grech
May 1, 2008
After shedding its debtor-nation status, Brazil has now received an investment-grade credit rating from Standard & Poor's. And the news is getting the kind of attention usually reserved for the national soccer team. Dan Grech reports.
Foreclosed condos force fees on others
by
Dan Grech
Apr 29, 2008
Speculators armed with subprime or adjustable-rate loans flooded the condominium market a couple of years ago. Now, many are in trouble, and other residents in their condo communities are paying the price. Dan Grech reports.