Archive for the ‘economy news’ Category
Davos doubts center on EU, world economy
Author: admin30 Jan
Davos doubts center on EU, world economy
DAVOS, Switzerland, Jan. 27 (UPI) — High-powered talks at the World Economic Forum in the scenic Swiss resort of Davos have failed to dispel anxieties and gloom over the future of global economy and immediate and pressing concerns in Europe
Source: www.upi.com
Economy grew modest 2.8 percent in 4th quarter of 2011
WASHINGTON — The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, the fastest growth in 2011. Americans spent more on cars and trucks, and companies restocked their shelves at the strongest pace in nearly two years.
Source: www.naplesnews.com
When it comes to elections, it really is the economy, stupid
The better news has helped the stock market, which is up 4.7% in January after a flat 2011. A debate is raging as to which candidate has the best plan to trim the country’s ballooning deficit, get the economy to grow, put Americans back to work and revive
Source: abcnews.go.com
Economy ‘running on empty’, SNP claims
The UK Government’s “austerity approach” is harming rather than helping the economy, according to the Finance Secretary. John Swinney is due to give a keynote speech on the state of Scotland’s economy to the David Hume Institute in Edinburgh on Thursday.
Source: news.stv.tv
Economy more worrying than Mideast for Florida Jews
If anything, it’s Republican arguments on the U.S. economy - not Israel - that might win more favor with Jewish voters here come the general election in November. “There has been, particularly among younger voters, a small shift toward the Republican Party
Source: news.yahoo.com
Monster to cut 400 jobs to cope with weak economy
Author: admin27 Jan
Monster to cut 400 jobs to cope with weak economy
NEW YORK (AP) — Job listing company Monster Worldwide Inc. said Thursday it would cut its global workforce by 400 people, or 7 percent, as the weak economy hurts its business. Its outlook for the current quarter was also well below analysts’ expectations
Source: news.yahoo.com
Economy Slowing Down Under Obama, GDP Grew Just 1.7% in 2011
That’s not great news for President Obama, who oversaw 3 percent GDP growth in 2010 and cannot use the latest GDP data to support a narrative of economic turnaround. The American economy ended a year of mostly disappointments with modestly
Source: nation.foxnews.com
Obama Casts Election as Fight to Rescue Economy From Wealth Gap
“Or we can restore an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules.” He made the appeal against the backdrop of a struggling economy that has left many voters unforgivin
Source: www.businessweek.com
Economy in U.S. Probably Expanded at the Fastest Pace in More Than a Year
Author: admin27 Jan
Economy in U.S. Probably Expanded at the Fastest Pace in More Than a Year
according to the median forecast of 79 economists surveyed by Bloomberg News. Household purchases, which account for about 70 percent of the economy, may have climbed 2.4 percent, the survey showed. Americans returned to auto showrooms and malls
Source: www.bloomberg.com
Egypt’s Tinderbox Economy - and Looming Economic Crisis - Huffington Post (blog)
Author: admin25 Jan
Egypt’s Tinderbox Economy - and Looming Economic Crisis - Huffington Post (blog)
 Ahram Online |
Egypt's Tinderbox Economy - and Looming Economic Crisis
Huffington Post (blog) As the former Egypt desk officer at the US Treasury, I have followed the Egyptian economy for years. Simply, it is — and has been — a tinderbox that invites social unrest. Its government is repressive and kleptocratic. Its society is increasingly … Ten economic milestones in Egypt's revolutionary year Egypt's Brotherhood toes fine line on economy |
Source: news.google.com
U.S Economy Preferred by Investors in Global Poll on Markets - Bloomberg
 Bloomberg |
U.S Economy Preferred by Investors in Global Poll on Markets
Bloomberg Enlarge image Economy in US Preferred by Investors: Poll Economy in US Preferred by Investors: Poll Participants at the World Economic Forum (WEF) annual meeting on Jan. 25, 2012 at the Congress Center in Davos. Photograph: Frabrice Coffrini/AFP/Getty … Economy in U.S. Preferred by Investors in Global Poll on Markets |
Source: news.google.com
Xerox’s 4Q Profit Rises; Economy Weighs On Outlook - Wall Street Journal
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Xerox's 4Q Profit Rises; Economy Weighs On Outlook
Wall Street Journal (XRX) met its fourth-quarter profit target with help from its services operation, but the company indicated economic weakness, particularly in Europe, will weigh on its business this year. Norwalk, Conn.-based Xerox continues to win contracts to … |
Source: news.google.com
UK Economy Shrinks 0.2% - Wall Street Journal
 The Guardian |
UK Economy Shrinks 0.2%
Wall Street Journal By AINSLEY THOMSON, NICHOLAS WINNING and JASON DOUGLAS LONDON—The UK economy appears at risk of recession after official data showed the economy shrank in the fourth quarter of 2011, complicating the government's goal of tackling the budget deficit … UK Economy Shrinks in Q4, Raising Recession Fears British economy shrinks, stirs QE speculation |
Source: news.google.com
Davos: big questions from top delegates to the World Economic Forum - The Guardian
Author: admin25 Jan
Davos: big questions from top delegates to the World Economic Forum - The Guardian
 The Guardian |
Davos: big questions from top delegates to the World Economic Forum
The Guardian How to ensure women's economic inclusion, because economies will not thrive unless we do. This issue stretches all the way from the number of women in Davos and the glass ceiling in the developed world, to helping poor women in the developing world set … Billionaires Occupy Davos as 0.01% Bemoan Income Inequality WEF summit kicks off as uncertainties stare at world economy Billionaires at Davos Bemoan Inequalities |
Source: news.google.com
World stocks fall on worries over Greek debt deal - Reuters
 Globe and Mail |
World stocks fall on worries over Greek debt deal
Reuters "The widely spread fear that the euro zone's biggest economy could now also be caught by the crisis virus has been soothed," said Carsten Brzeski, an economist at ING in Brussels. The euro fell back under $1.30 against the US dollar to be down around … Debt Worries, Mixed Data Weigh on European Shares Euro Zone Bounces Back World stocks weaken as EU debt worries return |
Source: news.google.com
European stock markets drop on UK economy data shows worsening signs of a … - Washington Post
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European stock markets drop on UK economy data shows worsening signs of a …
Washington Post PARIS — European stock markets fell Wednesday as investors weighed worsening signs of recession in Europe's third largest economy and heightened fears that negotiations on avoiding a Greek debt default had hit an impasse. Stock indices in Germany, … |
Source: news.google.com
Eurozone crisis live: UK economic growth takes centre stage - The Guardian
 The Guardian |
Eurozone crisis live: UK economic growth takes centre stage
The Guardian Economist Klaus Abberger of the Munich-based research institute Ifo said the weak euro had helped the German economy, and that a recession seemed unlikely. 8.46am: On currency markets, the yen has dropped to one-month lows against the dollar and the … Ifo Economist: Indications For Germany In 2012 Positive Germany's closely watched Ifo index of business optimism rises ahead of … Strong business morale shows Germany will avoid recession |
Source: news.google.com
UK economy shrinks in Q4, raising recession fears - Boston.com
 AFP |
UK economy shrinks in Q4, raising recession fears
Boston.com By Robert Barr AP / January 25, 2012 LONDON—Britain's economy shrank by 0.2 percent in the last three months of 2011, official data showed Wednesday, a worse than expected result that raises fears of a recession and could see the Bank of England push … British economy shrinks, stirs QE speculation British economy teeters on brink of recession |
Source: news.google.com
Fed to show members’ views on interest rate moves - Boston.com
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Fed to show members' views on interest rate moves
Boston.com And some economists said it could lead to further Fed action to try to invigorate the economy. Many private economists expect the forecasts will show the Fed is unlikely to increase the rate before 2014. That would mark a shift from the Fed's plan to … |
Source: news.google.com
The US economy’s ‘double recovery’ - Financial Times
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The US economy's 'double recovery'
Financial Times By Edward Yardeni The US economy may be on the verge of a big comeback. It could experience an unusual second recovery over the next three years following the weak initial recovery of the past three years. In the past, recessions were followed by one … |
Source: news.google.com
Conservatives, economy fuel Gingrich win in SC - Fox News
Author: admin23 Jan
Conservatives, economy fuel Gingrich win in SC - Fox News
 Sarasota Herald-Tribune |
Conservatives, economy fuel Gingrich win in SC
Fox News WASHINGTON – Strong backing from conservative and religious voters and people fretting about the uncertain economy fueled Newt Gingrich's victory in South Carolina's Republican presidential primary, an exit poll of voters showed Saturday. … Romney arrives in Florida, talking of economy, Gingrich Romney Hurt by Bain, While Gingrich Wins on Economy |
Source: news.google.com
Key economic events for the week of Jan. 23 - Washington Post
 Los Angeles Times |
Key economic events for the week of Jan. 23
Washington Post There is likely to be a lot of talk about economic policy this week, as President Obama delivers his State of the Union address and the Federal Reserve meets. Tuesday Pundits expect Obama to use his State of the Union address to once again push for … Obama's State of Union Sets Table for Campaign Against Congress Obama State of Union Sets Table for Campaign Against 'Do-Nothing' Congress State of the Union to offer a 'blueprint' for the economy |
Source: news.google.com
Economy can do better: ICCB
Author: admin22 Jan
Economy can do better: ICCB
Bangladesh has good prospects despite some disturbing signs in the economy, said the International Chamber of Commerce-Bangladesh (ICCB), calling on the government to generate own resources to ensure sustainable growth. “In line with Asian economies
Source: www.thedailystar.net
Italy Announces New Steps to Get Economy Moving - New York Times
Author: admin21 Jan
Italy Announces New Steps to Get Economy Moving - New York Times
 Press TV |
Italy Announces New Steps to Get Economy Moving
New York Times ROME — In a bold effort to transform Italy's protectionist economy and to foster growth amid a deepening recession, Prime Minister Mario Monti on Friday announced a new set of measures aimed at reviving Italy's sluggish economy by investing $7.1 … Italy launches sweeping reforms to revive economy EU Crisis: Italy launches sweeping reforms to revive economy Italy approves package to boost economy |
Source: news.google.com
Obama to Draw an Economic Line in State of the Union - New York Times
 New York Times |
Obama to Draw an Economic Line in State of the Union
New York Times WASHINGTON — President Obama will use his election-year State of the Union address on Tuesday to argue that it is government's role to promote a prosperous and equitable society, drawing a stark contrast between the parties in a time of deep economic … Obama to draw an economic line in State of Union State of the Union address: Obama to outline economic recovery Obama: State of the Union to offer 'blueprint' for US economy |
Source: news.google.com
Syrians grapple with economic crisis - Kuwait Times
 Kuwait Times |
Syrians grapple with economic crisis
Kuwait Times With no end in sight to the violent conflict, Assad's embattled regime has sought to rally support by blaming the uprising – and the “terrorists” he says are behind it – for the profound economic crisis gripping the country of 22 million. … Syrians struggling amid uprising against Assad Syrian unrest inflicts hefty toll on life |
Source: news.google.com
World economic leaders call for action against slowing growth - Zee News
Author: admin20 Jan
World economic leaders call for action against slowing growth - Zee News
 Zee News |
World economic leaders call for action against slowing growth
Zee News New Delhi: A group of economic leaders from across the world, including chiefs of the IMF and the World Bank, on Friday called for immediate steps to safeguard the global economy from challenges like decelerating growth, high unemployment and … Economy chiefs warn on growth, jobs and trade Size matters for the public sector |
Source: news.google.com
Stagnating UK Economy Weighs on Lloyds Banking Group and Barclays - MarketWatch (press release)
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Stagnating UK Economy Weighs on Lloyds Banking Group and Barclays
MarketWatch (press release) NEW YORK, NY, Jan 20, 2012 (MARKETWIRE via COMTEX) — In a manner similar to the Federal Reserve in the US, The Bank of England recently announced that it will inject a further GBP 75bn into the UK economy via quantitative easing. … |
Source: news.google.com
Prediction: Germany won’t save the euro - CanadianBusiness.com
Author: admin19 Jan
Prediction: Germany won’t save the euro - CanadianBusiness.com
 Globe and Mail |
Prediction: Germany won't save the euro
CanadianBusiness.com Europe faces a jarring recession that would damage the global economy and financial system. Canada will not be immune. In 1990, a British politician named Nicolas Ridley decried Europe's growing integration as a “rushed takeover by the Germans. … A look at economic developments and activity in major stock markets around the … |
Source: news.google.com
Stocks Gain on Earnings, Economy as Euro Rises After Auctions - San Francisco Chronicle
 Bloomberg |
Stocks Gain on Earnings, Economy as Euro Rises After Auctions
San Francisco Chronicle Initial jobless claims plunged to the lowest level in almost four years, while the Federal Reserve Bank of Philadelphia's general economic index rose to 7.3 from 6.8 in December, trailing the median forecast for a reading of 10.3. … Asia Stocks Gain as IMF to Boost Resources |
Source: news.google.com
Economy improves but recovery hurdles persist - Reuters
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Economy improves but recovery hurdles persist
Reuters By Lucia Mutikani | WASHINGTON (Reuters) - The number of Americans filing for new jobless benefits dropped to an almost four-year low last week, and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum … |
Source: news.google.com
Momentum to drain from world economy in 2012: poll - Reuters
 The National |
Momentum to drain from world economy in 2012: poll
Reuters By Andy Bruce | LONDON (Reuters) - The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth. … Euro zone recession to endure midway into 2012 |
Source: news.google.com
Jobless Claims in US Fall to Lowest Since 2008: Economy - BusinessWeek
 USA TODAY |
Jobless Claims in US Fall to Lowest Since 2008: Economy
BusinessWeek Gains in incomes, combined with less inflation, will probably underpin household spending, which accounts for about 70 percent of the world's largest economy. “We've had fundamental improvement in the labor market in the past few months,” said Ellen … Three upbeat economic reports show recovery gaining ground US Jobless Benefit Claims Drop Sharply |
Source: news.google.com
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