Wikio - Department of the Treasury

US inflation rate ’still relatively contained’: Paulson (SGHOUSING.COM 新加坡房地产网)

Fri, 04 Jul 2008 01:44:21 GMT

(LONDON) Treasury Secretary Henry Paulson said inflation that strips out food and fuel costs in the US remains in check and he praised the job Federal Reserve chairman Ben S Bernanke is doing conducting monetary policy. ‘Core inflation is still relatively contained,’ Mr Paulson said in an interview that aired yesterday on the British Broadcasting [...] Copyright © 2005 - 2008 SGHOUSING.COM BY: VINCE....

Source : SGHOUSING.COM 新加坡房地产网 (subscribe)

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Paulson predicts US economy will pick up by end of the year (The Independent)

Thu, 03 Jul 2008 23:00:01 GMT

The US Treasury Secretary, Henry Paulson, signalled yesterday that the worst may soon be over for the American economy.

Source : The Independent (subscribe)

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Greenback 'not to blame' for high oil (News.com.au)

Thu, 03 Jul 2008 21:43:00 GMT

A WEAKER US dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin spectres of rising inflation and slowing growth, US Treasury Secretary Henry Paulson said overnight.

Source : News.com.au (subscribe)

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Paulson Admits Regulatory Errors. (Errors') (Independents Unbound)

Thu, 03 Jul 2008 20:59:00 GMT

Wow what an admission! (snark) Actually, nothing has failed that would hurt anyone who isn't a freakin' millionaire several times over. The impact of the global credit crunch could have been minimised by better regulation of US banks, US Treasury Secretary has admitted. Henry Paulson denied the regulatory system had "failed" but acknowledged that it could have "performed better". He told the BBC his...

Source : Independents Unbound (subscribe)

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Paulson Says U.S. Economy Set to Strengthen at the End of 2008 (Hispanic Business Magazine)

Thu, 03 Jul 2008 16:33:57 GMT

LONDON (Thomson Financial) -- U.S. Treasury Secretary Henry Paulson said here on Thursday that the U.S. economy would most likely be stronger at the end of 2008 than it is now. "I think there is a very strong possibility that we will be growing at the end of the year....

Source : Hispanic Business Magazine (subscribe)

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THE APPLICATIONS ARE COMING! THE APPLICATIONS ARE COMING! (THE WANDERING TAX PRO)

Thu, 03 Jul 2008 15:44:00 GMT

The New Jersey Department of the Treasury has announced that the 2007 Homestead Property Tax Rebate applications will be mailed out to “normal” (non-senior and non-disabled) homeowners over the next two weeks. Residents in Morris and Ocean counties should receive their applications today. The expected delivery date for the rest of NJ, based on county of residence, is – July 7 – Atlantic,...

Source : THE WANDERING TAX PRO (subscribe)

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Hank Paulson Tries To Figure Out How To Allow Financial Firms To Fail (DealBreaker)

Thu, 03 Jul 2008 13:36:26 GMT

Henry Paulson focused on market discipline yesterday, saying we need reforms that would allow the unwinding of failed financial institutions. Speaking at Chatham House, the British think tank, on the financial markets and regulation, Paulson said that the Treasury Department and other policymakers were focused on "the immediate turmoil," seeking to promote market stability and minimizing the negative...

Source : DealBreaker (subscribe)

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Paulson: no quick fix for oil price (Examiner)

Thu, 03 Jul 2008 11:38:32 GMT

U.S. Treasury Secretary Henry Paulson warned Thursday that record oil prices are likely to prolong the world economic slowdown.

Source : Examiner (subscribe)

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Don't blame the buck for high oil price: Paulson (Reuters)

Thu, 03 Jul 2008 11:10:22 GMT

LONDON (Reuters) - A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin specters of rising inflation and slowing growth, U.S. Treasury Secretary Henry Paulson said on Thursday.

Source : Reuters (subscribe)

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Paulson says US economy set to strengthen at the end of 2008 (News & Information)

Thu, 03 Jul 2008 10:12:55 GMT

US Treasury Secretary Henry Paulson said here on Thursday that the US economy would most likely be stronger at the end of 2008 than it is now. “I think there is a very strong…Read more

Source : News & Information (subscribe)

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U.S. Treasury's Paulson: Downturn has 'further to go' (Market Watch)

Thu, 03 Jul 2008 08:21:56 GMT

LONDON (MarketWatch) -- The current economic downturn has "further to go," but U.S. growth should pick up by the end of 2008, U.S. Treasury Secretary Henry Paulson said in a television interview with BBC Newsnight to be broadcast later Thursday. According to the BBC, Paulson said a spike in oil prices, the credit crunch and a slumping housing market are contributing to a "tough period" for the economy....

Source : Market Watch (subscribe)

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Henry Paulson admits inflation is world's biggest worry (Times Online)

Thu, 03 Jul 2008 08:07:14 GMT

US Treasury Secretary, Henry Paulson, said inflation is now the top priority for a number of global economies as soaring food and fuel prices continue to inflate on the cost of living.

Source : Times Online (subscribe)

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Paulson says inflation becoming top global focus (Reuters)

Thu, 03 Jul 2008 07:46:44 GMT

LONDON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Thursday that inflation was becoming the top economic focus of many countries around the world as oil and food prices take their toll.

Source : Reuters (subscribe)

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Grant: 'This Time Is Different' for U.S. Consumers (The Big Picture)

Thu, 03 Jul 2008 07:30:00 GMT

James Grant, editor of Grant's Interest Rate Observer, and Brad Hintz, an analyst at Sanford C. Bernstein & Co. and a former chief financial officer of Lehman Brothers Inc., talk about the outlook for U.S. consumer spending, Treasury Secretary Henry Paulson's call for regulatory changes that would allow financial firms to fail without threatening market stability and the outlook for brokerages click...

Source : The Big Picture (subscribe)

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Myth and Meaning in the Great Oil Game (Seeking Alpha)

Thu, 03 Jul 2008 07:17:16 GMT

Ferdinand E. Banks submits: “Fools will be fooled” -Julie Styne (in the song ‘The Man That Got Away’) If there is any meaning in the Jeddah Summit on Oil (June 22, 2008), it was injected by the U.S. Treasury secretary, Henry Paulson, who before deliberations began informed his audience that the run-up in oil prices did not have anything momentous to do with speculation. Exactly how that august assembly...

Source : Seeking Alpha (subscribe)

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Treasury chief wants to overhaul rules (Deseret Morning News)

Thu, 03 Jul 2008 06:24:13 GMT

The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury Secretary Henry Paulson said Wednesday in London.

Source : Deseret Morning News (subscribe)

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Paulson talks tough (Denver Post)

Thu, 03 Jul 2008 06:00:12 GMT

Source : Denver Post (subscribe)

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Digest: Paulson urges financial watchdog overhauls (Houston Chronicle)

Thu, 03 Jul 2008 05:30:00 GMT

Source : Houston Chronicle (subscribe)

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World business news in brief: U.S. needs tougher financial regulatory system, Treasury secretary says (kansascity.com)

Thu, 03 Jul 2008 03:29:00 GMT

The U.S. must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury Secretary Henry Paulson said Wednesday in London. Both Britain and the United States must overhaul the outdated methods of their financial watchdogs to provide better warning of looming troubles in world markets, he said. Paulson also said the U.S. Federal...

Source : kansascity.com (subscribe)

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Oil, GM Wallop Stocks (The Street)

twocents@thestreet.com (Mike Taylor) — Wed, 02 Jul 2008 21:11:00 GMT

A bearish speech from Treasury Secretary Henry Paulson and disappointing jobs data also weigh on the market. Frank Curzio surveys the wreckage in The Real Story (above).

Source : The Street (subscribe)

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