Florida primary campaign and state of the union fallout – as it happened

4.35pm: Treasury secretary Tim Geithner makes an oddly-worded announcement … An overwhelming majority of Americans approved of the overall message in President Obama’s state of the union speech on Tuesday night, according to a CBS News poll of speech … Read More

 

Davos confronts crisis over Western capitalism

Davos – Leaders of the global business elite … are trying to emerge from turmoil as well as African heads of state including President Jacob Zuma. While US Treasury Secretary Timothy Geithner will ponder the challenges for the US economy, a sizeable … Read More

 

U.S Economy Preferred by Investors in Global Poll on Markets

“No, we will not go back to an economy weakened by outsourcing, bad debt, and phony financial profits,” Obama said in the prepared text of his State of the Union … of Davos. Delegates include U.S. Treasury Secretary Timothy F. Geithner … Read More

 

Morning Money: Obama rips banks

SOTU: OBAMA RIPS BANKS; SAYS RICH SHOULD PAY MORE – President Obama surprised some in the banking industry by going even more sharply populist than expected in his re-election year State of the Union address … HEARTS BERNANKE/GEITHNER – In an interview … Read More

 

FTSE, CAC, DAX to Open Higher; IMF Growth Forecast

In his State of the Union Address delivered on Tuesday … The World Economic Forum begins in Davos Switzerland on Wednesday with a number of the world’s leading economic thinkers, business leaders and politicians attending. German Chancellor Angela … Read More

 

BC-AP News Digest 6:35 pm

GEITHNER-TREASURY — Geithner says Obama will not ask him … INDIANA-RIGHT TO WORK — ‘Open for business’: Indiana House OKs right-to-work, poised to be 23rd state with labor ban. — JOHN TRAVOLTA-MERCEDES STOLEN — Man convicted in theft of John … Read More

 

Philipp Hildebrand’s very Swiss finish

Besides the franc, the Swiss central banker was ambitious in his plans to make Swiss banks safer, pushing for particularly exacting new rules, which would go further than most other countries in Europe and the United States. Such plans for banks like UBS … Read More