http://goodfinanceday.com Financial blog Wed, 08 Feb 2012 15:44:04 +0000 http://backend.userland.com/rss092 en Guan Jianzhong is waging a one-man crusade to change the global credit rating industry. His argument: China and other cash-rich developing nations shouldn't have to rely on ratings agencies in the deeply indebted United States _ especially after they helped fuel the global crisis that plunged the U.S. and then ... http://goodfinanceday.com/entrepreneur-pushes-chinese-role-in-global-credit/ Federal Reserve Chairman Ben S. Bernanke http://goodfinanceday.com/fed-twists-yields-for-mcdonalds-record-low-rate-credit-markets-bloomberg/ Housing prices are still falling in St. Louis area, but more slowly than before, according to a new report from the real estate analysis firm CoreLogic. Local prices for single-family homes sold in December were 3.97 percent below those sold a year earlier. But that was less than the 4.64-percent ... http://goodfinanceday.com/st-louis-home-prices-slow-descent/ UPDATED at 5:50 p.m. Hoping to end months of anxiety and confusion at Lake of the Ozarks, Ameren Missouri is formally seeking to redraw the Bagnell Dam project boundary to exclude more than 1,500 lakefront homes and other structures in jeopardy of condemnation. St. Louis-based Ameren, which owns the lake, ... http://goodfinanceday.com/ameren-offers-lake-of-the-ozarks-shoreline-fix/ German retail sales unexpectedly declined in December as consumers http://goodfinanceday.com/german-retail-sales-unexpectedly-declined-in-december-amid-outlook-on-debt-bloomberg/ German Chancellor Angela Merkel and other European leaders meeting for a summit will only have to look out of the window to see the biggest problem with their steady diet of austerity and belt-tightening to fix the financial crisis: disgruntled workers organizing a nationwide strike to protest the direction in ... http://goodfinanceday.com/strike-on-summit-day-shows-task-at-hand/ Laclede Group Inc. said fiscal first quarter profit rose 7.7 percent, led by stronger earnings from its wholesale natural gas marketing business. Net income for the three months ended Dec. 31 increased to $25.2 million, or $1.12 a share, from $23.4 million, $1.05 a share, in the same period a ... http://goodfinanceday.com/laclede-group-earnings-rise/ President Barack Obama tonight will lay out what he calls a http://goodfinanceday.com/obama-speech-to-moot-manufacturing-rebirth-for-jobs-bloomberg/ The U.S. bond market is neutralizing budget deficits as an election-year campaign weapon. Interest payments will cost the government 3.1 percent of gross domestic product this year, according to Office of Management and Budget and International Monetary Fund data compiled by Bloomberg. That http://goodfinanceday.com/obama-paying-bush-ii-interest-costs-neutralizes-deficit-as-election-weapon-bloomberg/ Europe has taken a step back from the brink. Three weeks into the year, borrowing rates for debt-saddled countries have fallen to more manageable levels. Auctions of government debt have gone better, a sign of increased investor confidence. And while it may have been an embarrassment, especially to France, the ... http://goodfinanceday.com/europe-exhales-after-another-good-week/