U.S. plan could forestall recession: Nasdaq CEO
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DAVOS, Switzerland  - Nasdaq Stock Market  President and Chief Executive Bob Greifeld said on Thursday a U.S. stimulus package had the ability to forestall a recession in the world's largest economy.
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The United States economy is unlikely to slip into recession, Abby Joseph Cohen, chief investment strategist at Goldman Sachs, said in remarks published on Friday.
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Stocks tumbled on Friday, with the Nasdaq down more than 3 percent, as data showing weak job growth in December heightened fears of a U.S. recession.
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Former Federal Reserve chairman Alan Greenspan warned yesterday that the US economy might slip into recession by year's end.
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Wall Street looked set to fall further on Wednesday on growing worries of a U.S. recession which battered Asian and European markets.
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Steven Cohen, the billionaire founder   of SAC Capital Advisors, said in an interview with the Wall   Street Journal that there may eventually be a sharp fall in the   stock market, exacerbated by hedge funds crowding into similar   shares.
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The world will be living with volatile oil prices for years to come, but this year's price spike should not be serious enough to push the country into a recession, Federal Reserve Chairman Alan Greenspan said Friday.
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As Nasdaq's battle for the London Stock Exchange  reaches a climax on Saturday, the deadline for shareholders to accept its bid, the LSE's share price suggests the U.S. bourse may fail, analysts said.
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Former Federal Reserve chairman Alan Greenspan was quoted as seeing a "one-third probability" of recession in the United States this year, according to an interview with Bloomberg.
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A rally in U.S. stocks that pushed the Dow industrials to a record may stall next week as signs of an economic slowdown curb the appetite for equities just as the third quarter's earnings season gets under way.
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High oil prices will probably brake U.S. growth but will not derail the economy provided there is not another sharp spike upwards, a top Federal Reserve policymaker said on Tuesday.
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The Nasdaq Stock Market Inc.   would consider working with a group of investment banks behind  a rival trading platform if its bid for the London Stock  Exchange  fails, Chief Executive Bob Greifeld told three  British newspapers.
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A slowdown could keep  the U.S. economy from growing at a sustainable pace into  sometime next year, San Francisco Federal Reserve President  Janet Yellen said on Tuesday.
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Higher interest rates in Europe  and growing uncertainty over the cost of borrowing in the  United States could slow down parts of the global mergers and  acquisitions boom, experts say.
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Investor's Business Daily - Ex-Fed chief Alan Greenspan doubts the central bank's ability to prevent a U.S. recession. He put the chances of a recession at 50%. He said real long-term rates have much more influence over economic activity than national decisions, while central banks have "less and less power to influence long-term rates." The Fed cut rates half a point 15 3% on Wed. after last week's emergency 75-basis-point cut.
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The likelihood of the United States slipping into recession is at least 50 percent, former Federal Reserve Chairman Alan Greenspan was quoted as saying on Wednesday, in an interview with a German newspaper.
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US stocks fall on Thursday after the country's largest mortgage lender warns of a possible recession.