Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / June 29, 2011, 12:44 am

Christine Lagarde new IMF chief

She will have to immediately deal with an IMF-European Union effort to keep debt-stricken Greece afloat and focus on potentially thorny IMF "spillover reports" that analyze the economic and policy actions of the world's major economies. "Minister Lagarde's ... (Source: Bangladesh News 24 hours 2011-06-29T07:13:09Z)

Spring buying boosts home prices

The index covers metro areas that together make up about 50 percent of U.S. households. It measures sale prices of select homes in those cities compared with prices in January 2000. It then provides a three-month average. The April data is the latest available. (Source: Daily Herald 2011-06-29T06:58:50Z)

Heading Into the Long Weekend, Nobody Better Blink

Of course, the vote is just the first step, but a great analysis by my friend (and very seasoned credit markets observer) Peter Tchir suggests that the deal is much better for banks than they are making it sound. His article is worth reading in full ... (Source: Seekingalpha.com 2011-06-29T07:05:59Z)

Red Sox will be tougher in Oct.

If you don't think it's a big deal for the Phillies to get that home-field advantage, especially against an offensive juggernaut like the Red Sox, who lead the majors in batting (.275) and runs (409), consider this: Lee dominated a lineup that didn't have ... (Source: Courier-Post 2011-06-29T07:05:59Z)

Thai premier denies planning Cambodia offensive to delay election

A Pheu Thai victory at the polls is expected to irk the Thai military. 'If the Pheu Thai win the election, after three months there will be problems if it fails to negotiate a deal with the military,' said Chuvit Kamolvisit, founder of the Love Thailand Party. (Source: Monsters and Critics 2011-06-29T07:13:09Z)

Spring buying boosts home prices in 13 U.S. cities

The index covers metro areas that together make up about 50 percent of U.S. households. It measures sale prices of select homes in those cities compared with prices in January 2000. It then provides a three-month average. The April data is the latest available. (Source: San Gabriel Valley Tribune 2011-06-29T07:13:09Z)

Back in Iowa, Obama says USA must up its game

Back in Washington, Obama is in a high-stakes stalemate with Republicans over a deal that could cut some $2 trillion from the nation's debt and perhaps clear the way for Congress to extend the nation's borrowing limit. The administration says that debt ... (Source: Washington Examiner 2011-06-29T07:27:28Z)

Obama, Biden plan debt talks with Senate Democrats

But the talks stalled because Republican negotiators objected to Democratic demands that any deficit reduction deal also include increases in tax revenue. Obama also met with Senate Republican leader Mitch McConnell on Monday. No new meetings with ... (Source: Kansas City Star 2011-06-29T07:13:09Z)

Obama, Biden plan debt session with Senate Dems

Obama and Democrats insist that for there to be a deal on reducing long-term deficits ... The $85 billion includes a federal auction of parts of the broadcast spectrum and the sale of surplus federal property. Complicating matters is the congressional ... (Source: AOL News 2011-06-29T07:13:09Z)

Prison terms for political corruption have immense ramifications for families

At the first trial, prosecutors also presented evidence of an elaborate paper trail that followed cash siphoned from a state deal into the bank account of the former first lady's real estate company. As such, Yepsen said Patti Blagojevich comes off as a ... (Source: Raleigh News & Observer 2011-06-29T07:05:59Z)

Pranab Mukherjee congratulates new IMF MD Christine Lagarde

"There is expectation that, under her leadership, the IMF will deal effectively and fairly with the serious challenges, which confront the global economy," he added. He said that a robust and sustained global economic recovery is a priority for all of us ... (Source: Newstrack India 2011-06-29T07:05:59Z)

Pakistan has a key role to play in Afghanistan: Hague

He brushed aside impression that Pakistan had been kept in dark on reconciliation process in Afghanistan and reiterated key role of the South Asian country for the promotion of peace in its neighbour to the west. Hague mentioned that Pakistan was actively ... (Source: Pakistan News Service 2011-06-29T07:27:28Z)

Towns near NM fire, nuclear lab wary of smoke

"If it gets to this contamination, it's over — not just for Los Alamos, but for Santa Fe and all of us in between," said Mai Ting, a resident who lives in the valley below the desert mesas that are home to the Los Alamos National Laboratory. Chris ... (Source: AP - msnbc.com 2011-06-29T07:34:37Z)

Battle over Dodgers moves on in bankruptcy court

The other removes certain milestones in the financing agreement regarding the sale of the team's broadcast rights, including a July 29 deadline to agree on a sale process calling for bankruptcy court approval of a sale within six months of Monday's ... (Source: AP - NBC Sports 2011-06-29T07:34:37Z)

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