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    While you were sleeping: Fed to keep rates low
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    Warren Buffett’s Berkshire Hathaway rose 1.9% to US$102,350 after Standard & Poor’s put the AAA rated investment company on Creditwatch with negative implications after it agreed to buy railroad Burlington Northern Santa Fe Corp. for US$26 billion. "This transaction will decrease the liquidity and capital adequacy of the insurance operations" of Berkshire, S&P said. Full Article at Scoop - New Zealand News
    This transaction will decrease the liquidity and capital adequacy of the insurance operations
    SOURCE: Scoop - New Zealand News 1 month ago
All quotes from:
While you were sleeping: Fed to keep rates low
  1. Household spending appears to be expanding, but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth and tight credit
    SOURCE: Scoop - New Zealand News 1 month ago

Recent Photos From The Wire

  1. China's Lu Yong celebrates after winning the men's 85 kg weightlifting final at the East Asian Games in Hong Kong December 9, 2009.
  2. Presidential candidate Mircea Geoana, head of Romania's leftist Social Democrats, addresses the foreign press in his office in Bucharest December 9, 2009. Romania's Social Democrats are demanding a rerun of a presidential election runoff narrowly won by incumbent Traian Basescu, part of a complaint to the Constitutional Court that the vote was marred by fraud.
  3. Britain's Chancellor of the Exchequer Alistair Darling (C) leaves the Treasury with Liam Byrne, Chief Secretary to the Treasury (L), to go Parliament to deliver his pre-budget report, London December 9, 2009. Darling will on Wednesday set the stage for the coming election and gamble his government's future on a one-off tax on bank bonuses and promises to protect schools, hospitals and policing.
  4. A tourist boat goes past the Palace of Westminster on the River Thames in London, Wednesday, Dec. 9, 2009. The British Chancellor of the Exchequer Alistair Darling is to give his pre-budget report to the House later Wednesday.
  5. Tourits walk past the Palace of Westminster, with St Stephen's Tower in the background which houses the bell of the clock known as 'Big Ben' in London, Wednesday, Dec. 9, 2009. The British Chancellor of the Exchequer Alistair Darling is to give his pre-budget report to the House later Wednesday.
  6. Palestinian Foreign Minister Riyad al-Malki , left, and Russian Foreign Minister Sergey Lavrov enter a hall before their talks in Moscow, Russia, Wednesday Dec.9, 2009.
  7. Japan's Yuji Yoshioka lifts 170 kg in the clean and jerk session of the men's 85 kg weightlifting final at the East Asian Games in Hong Kong December 9, 2009.
  8. Sri Lanka's Sanath Jayasuriya plays a shot during the first Twenty20 cricket match against India in Nagpur December 9, 2009.
  9. African Union Mission to Somalia (AMISOM) peacekeepers patrol on a tank the streets of Somalia's capital Mogadishu, December 9, 2009. Somalia's President Sheikh Sharif Ahmed swore on Wednesday to intensify his war against insurgents blamed for a suicide bombing at a medical graduation ceremony last week that killed 22 people, including three government ministers.
  10. Lu Yong of China greets spectators after lifting 195 kilograms in the clean and jerk during the men's 85 kg weightlifting finals at the East Asian Games Wednesday Dec. 9, 2009, in Hong Kong. Lu won the gold medal in the category with a combined weight of 370.0.
  11. Takuro Fujii, right, of Japan celebrates with teammate Kohei Kawamoto after winning the gold medal in the men's 100-meter butterfly final at the East Asian Games in Hong Kong Wednesday, Dec. 9, 2009.
  12. MELBOURNE, AUSTRALIA - DECEMBER 09: Carly Williams performs on the trapeze during a National Institute of Circus Arts Graduates Portrait session at the National Institute of Circus Arts on December 9, 2009 in Melbourne, Australia.
  13. MELBOURNE, AUSTRALIA - DECEMBER 09: Caroline Walsh and Hannah Cryle perform on the trapeze during a National Institute of Circus Arts Graduates Portrait session at the National Institute of Circus Arts on December 9, 2009 in Melbourne, Australia.
  14. Lu Yong of China celebrates after lifting 200 kilograms in clean and jerk during the men's 85-kilogram weightlifting finals at the East Asian Games Wednesday Dec. 9, 2009 in Hong Kong. Lu won the gold medal in the category with combined weight of 370.0 kg.
  15. MELBOURNE, AUSTRALIA - DECEMBER 09: Hossein Baghalan Aval performs hand balancing during a National Institute of Circus Arts Graduates Portrait session at the National Institute of Circus Arts on December 9, 2009 in Melbourne, Australia.
  16. MELBOURNE, AUSTRALIA - DECEMBER 09: Caroline Walsh and Hannah Cryle perform on the trapeze during a National Institute of Circus Arts Graduates Portrait session at the National Institute of Circus Arts on December 9, 2009 in Melbourne, Australia.
  17. MELBOURNE, AUSTRALIA - DECEMBER 09: Idris Stanton performs fire juggling during a National Institute of Circus Arts Graduates Portrait session at the National Institute of Circus Arts on December 9, 2009 in Melbourne, Australia.
  18. MELBOURNE, AUSTRALIA - DECEMBER 09: Brenton Durscher performs hoop diving during a National Institute of Circus Arts Graduates Portrait session at the National Institute of Circus Arts on December 9, 2009 in Melbourne, Australia.