Archive for the ‘economy news’ Category
Why the Weak Economy Will Lead to More Fed Intervention - Money Morning
Author: admin4 Sep
Why the Weak Economy Will Lead to More Fed Intervention - Money Morning
 Fundweb |
Why the Weak Economy Will Lead to More Fed Intervention
Money Morning Despite evidence that its previous actions have done little to revive the US economy, the US Federal Reserve is likely to take more action before the end of the year barring a swift turnaround in such … PERRYMAN: Economy is still sluggish, but second recession unlikely Is QE3 Right Around the Corner? If Congress Won't Help, What Else Can the Fed Do to Boost the Economy? |
Source: news.google.com
The Effect of Individual Income Tax Rates on the Economy, Part 4: 1950 - 1968 - Business Insider
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The Effect of Individual Income Tax Rates on the Economy, Part 4: 1950 - 1968
Business Insider For example, the so-called Roaring 20s were a period in which the economy was often in recession. The New Deal era, on the other hand, coincided with some of the fastest economic growth rates this country has seen since reliable data has been kept. … |
Source: news.google.com
Why Inequality is the Real Cause of Our Ongoing Terrible Economy - Wall Street Pit
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Why Inequality is the Real Cause of Our Ongoing Terrible Economy
Wall Street Pit When so much income goes to the top, the middle class doesn't have enough purchasing power to keep the economy going without sinking ever more deeply into debt — which, as we've seen, ends badly. An economy so dependent on the spending of a few is … |
Source: news.google.com
Zero Job Growth Latest Bleak Sign for US Economy - New York Times
 New York Daily News |
Zero Job Growth Latest Bleak Sign for US Economy
New York Times August brought no increase in the number of jobs in the United States, a signal that the economy has stalled and that inaction by policy makers carries substantial risk. A job fair this week in Los Angeles. Companies are not laying … Jobless numbers still 9.1 percent, economy stalls Ghastly Jobs Report As Economy Stares Recession In The Face Economy Stalls, Adds No Jobs in August |
Source: news.google.com
World economy faces new dangers - TheChronicleHerald.ca
 Telegraph.co.uk |
World economy faces new dangers
TheChronicleHerald.ca Christine Lagarde, the new managing director of the International Monetary Fund, voiced a collective sentiment when she said the world economy found itself in a "dangerous new phase." Things could get riskier still in the coming weeks. … RUTH SUNDERLAND: Autumn's harvest of fear over world economy |
Source: news.google.com
GLOBAL ECONOMY WEEKAHEAD-Caught in a policy dilemma - Reuters
 Financial Times (blog) |
GLOBAL ECONOMY WEEKAHEAD-Caught in a policy dilemma
Reuters China's economy grew 9.5 percent year-on-year in the second quarter. That means rising demand for goods and services will continue to underpin prices. Tight labor markets can add to inflation pressures because workers demand higher wages to keep up … No reason yet for a central bank U-turn on monetary policy Brazil's growth slows despite resilient consumers |
Source: news.google.com
W.Va. gov race features dueling views of economy - Houston Chronicle
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W.Va. gov race features dueling views of economy
Houston Chronicle Taken together, the differing views describe West Virginia's tricky position as the national economy continues to struggle in the wake of the Great Recession, said George Hammond, associate director of West Virginia University's Bureau of Business … |
Source: news.google.com
In tough economy, labor unions lose ground on hard-won benefits - The Desert Sun
 Bakersfield Now |
In tough economy, labor unions lose ground on hard-won benefits
The Desert Sun “The last two or three years have been a very challenging time, in the economy and in the labor movement. There have been been a lot of attacks across the board,” said Bob Schoonover, president SEIU Local 721, which represents 87000 government … Grow economy, create jobs to help nation Doak: America's War on Workers JARDINE: Labor Day's a Catch-22 for the jobless |
Source: news.google.com
Services Probably Expanded at Slower Pace: U.S. Economy Preview - Bloomberg
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Services Probably Expanded at Slower Pace: U.S. Economy Preview
Bloomberg 2 (Bloomberg) — Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., talks about the Aug. jobs report and the outlook for the US economy. Payrolls were unchanged last month, the weakest reading since September 2010, … Services Probably Expanded at Slower Pace: U.S. Economy Preview |
Source: news.google.com
Despite economy, deals are being made - Free Lance-Star
Author: admin4 Sep
Despite economy, deals are being made - Free Lance-Star
A$30 MILLION real estate deal completed in Stafford County last month is a reminder that, even amid recession, there is plenty of business activity going on in the Fredericksburg area. Less than five years ago, a trio of local real estate investors bought
Source: www.fredericksburg.com
UBS Reduces Asian Stock-Index Target on Slowing Economy, Policy Concerns - Bloomberg
Author: admin3 Sep
UBS Reduces Asian Stock-Index Target on Slowing Economy, Policy Concerns - Bloomberg
 Boston Globe |
UBS Reduces Asian Stock-Index Target on Slowing Economy, Policy Concerns
Bloomberg UBS AG cut its estimate for a gauge of Asian stocks, excluding Japan, as equities remain “broadly out of favor” amid slowing economic growth and a lack of easier monetary policies. … MSCI Asia Ex-Japan Stock Index Target Cut at UBS on Economy |
Source: news.google.com
Ahsan Habib: U.S. economy needs a full overhaul - Adrian Daily Telegram
 San Mateo Daily Journal |
Ahsan Habib: U.S. economy needs a full overhaul
Adrian Daily Telegram First, when he inherited the presidency he inherited an economy not burdened with debt. During the first 204 years the US federal government amassed less than $1 trillion of debt. That is very small compared to the size of our economy and rarely cast … Bill O'Reilly: Fascinating Poll From Quinnipiac University |
Source: news.google.com
Stalling economy creates no jobs - Boston Globe
 Bakersfield Now |
Stalling economy creates no jobs
Boston Globe Hiring ground to a halt last month as the political stalemate in Washington, debt crises in Europe, and unsettled financial markets around the world took their toll on confidence and the US economy. Employment growth was weak for the … No job growth for nation's economy US hiring dries up, Dow tanks in early trade |
Source: news.google.com
Israelis step up economy protest - BBC News
 Ha’aretz |
Israelis step up economy protest
BBC News Jonathan Levy, one of the protest organisers, told the BBC: "All the non-rich people in Israel, no matter if they're secular or religious, old or young, realise that we've abandoned some really important battlefields in this country, that is economy, … Protesters near Netanyahu's residence: Israel's economy is killing us, not rockets |
Source: news.google.com
Job growth stalls, fuels recession fears - Reuters
 Moneycontrol.com |
Job growth stalls, fuels recession fears
Reuters By Lucia Mutikani WASHINGTON (Reuters) - Employment growth ground to a halt in August, reviving recession fears and piling pressure on both President Barack Obama and the Federal Reserve to provide more stimulus to aid the frail economy. … Zero Job Growth Latest Bleak Sign for US Economy Struggling US Economy Prevents Growth Of Employment Rate Ghastly Jobs Report As Economy Stares Recession In The Face |
Source: news.google.com
Stricter pollution rules fall victim to economy - San Francisco Chronicle
 Reuters |
Stricter pollution rules fall victim to economy
San Francisco Chronicle President Obama heads to Camp David for the weekend after withdrawing new air-quality standards. President Obama abandoned a contentious new air pollution rule on Friday, buoying business interests that had lobbied heavily against it, … Obama's smog backdown won't help sick US economy President Obama To Save Economy With Smog Obama backs off stricter national smog standard |
Source: news.google.com
How The Economy Is Affecting Labor Day Weekend Travel [GRAPHIC] - Huffington Post
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How The Economy Is Affecting Labor Day Weekend Travel [GRAPHIC]
Huffington Post This year, Labor Day arrives on the heels of news that the economy added no jobs during the month of August, just the latest sign of an economic recovery that appears to be quickly losing steam. Indeed, consumer confidence has dropped to its lowest … |
Source: news.google.com
John Boehner Says Dems Are Obstructing Economy - ThirdAge
 USA Today |
John Boehner Says Dems Are Obstructing Economy
ThirdAge UPI/Kevin Dietsch House Speaker John Boehner told an Ohio crowd it was the Democrats who were obstructing efforts in Congress to get the US economy moving again. Boehner told supporters in his home district Friday that perfectly good ideas from the … Economy On Center Stage Next Week U.S. House Speaker John Boehnor in Ohio, calls economy 'stagnant' White House: EOBR, HOS proposals would cost economy $1 billion or more each … |
Source: news.google.com
Cheney: Economy Will Be a ‘Major Problem’ for Obama’s Re-Election Campaign - Fox News
Author: admin3 Sep
Cheney: Economy Will Be a ‘Major Problem’ for Obama’s Re-Election Campaign - Fox News
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Cheney: Economy Will Be a 'Major Problem' for Obama's Re-Election Campaign
Fox News DICK CHENEY, FORMER VICE PRESIDENT: I think the economy is clearly going to be a major problem for him going into this election campaign. I think the American people recognize that the policies that he promoted when he first came to office, … |
Source: news.google.com
Stricter pollution rules fall victim to economy - San Francisco Chronicle
 ABC News |
Stricter pollution rules fall victim to economy
San Francisco Chronicle President Obama heads to Camp David for the weekend after withdrawing new air-quality standards. President Obama abandoned a contentious new air pollution rule on Friday, buoying business interests that had lobbied heavily against it, … Obama's smog backdown won't help sick US economy President Obama To Save Economy With Smog Obama backs off tough clean air regulation |
Source: news.google.com
Moody’s Zandi Says U.S. Economy Is on `Thin Ice’ - Washington Post
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Moody's Zandi Says U.S. Economy Is on `Thin Ice'
Washington Post 2 (Bloomberg) — Mark Zandi, chief economist at Moody's Analytics, discusses the outlook for the US economy, labor market and financial industry. Zandi speaks with Betty Liu and Matt Miller on Bloomberg Television's "Street Smart. … |
Source: news.google.com
Americans worry about economy - Egyptian Gazette
 BigPond News |
Americans worry about economy
Egyptian Gazette WASHINGTON - New worries about the economy gripped Americans on Saturday after a government report showed no job growth last month amid sagging consumer confidence. Economists raised new concerns about recession after the Labor Department said that … Public Sector Losses Continue to Drive Poor Jobs Numbers |
Source: news.google.com
Attacking Obama on the Economy, Mitt Romney Makes a Play for the Hispanic Vote - Sunshine State News
 New York Daily News |
Attacking Obama on the Economy, Mitt Romney Makes a Play for the Hispanic Vote
Sunshine State News National debt is almost as large as our entire economy, and we owe a huge chunk of it to China.” Romney pointed to his record in the private sector and said that it helped prepare him for public office. “Sometimes I was successful and helped create … Recommended: Romney says his plan 'radically restructures the American economy' Poll: Voters say Romney would handle economy better than Obama Romney Would Do Better Job Than Obama Handling the Economy, Poll Shows |
Source: news.google.com
Stalling economy creates no jobs - Boston Globe
 The Atlantic |
Stalling economy creates no jobs
Boston Globe Hiring ground to a halt last month as the political stalemate in Washington, debt crises in Europe, and unsettled financial markets around the world took their toll on confidence and the US economy. Employment growth was weak for the … Zero Job Growth Latest Bleak Sign for US Economy No job growth for nation's economy Jobless numbers still 9.1 percent, economy stalls |
Source: news.google.com
Job growth stalls, fuels recession fears - Reuters
Moneycontrol.com |
Job growth stalls, fuels recession fears
Reuters By Lucia Mutikani WASHINGTON (Reuters) - Employment growth ground to a halt in August, reviving recession fears and piling pressure on both President Barack Obama and the Federal Reserve to provide more stimulus to aid the frail economy. … As economy wanes, case for stimulus grows Is Another Recession In The Works? No Net Hiring In August Raises Risk Of Recession |
Source: news.google.com
UBS Reduces Asian Stock-Index Target on Slowing Economy, Policy Concerns - Bloomberg
 MiamiHerald.com |
UBS Reduces Asian Stock-Index Target on Slowing Economy, Policy Concerns
Bloomberg UBS AG cut its estimate for a gauge of Asian stocks, excluding Japan, as equities remain “broadly out of favor” amid slowing economic growth and a lack of easier monetary policies. … MSCI Asia Ex-Japan Stock Index Target Cut at UBS on Economy |
Source: news.google.com
This Week: Storms in the East and in the Economy - Wall Street Journal
 The Guardian |
This Week: Storms in the East and in the Economy
Wall Street Journal The economy failed to add jobs for the first time in almost a year, raising the odds of a return to recession and putting more pressure on Obama and the Federal Reserve to revive a moribund labor market. But Federal Reserve officials are as deeply … Expectations low for August jobs figures Obama vs. 2012 Republican Candidates: Who Has the Better Plan for the US Economy? Will This 'Major' Jobs Speech Be Any Different Than Others? |
Source: news.google.com
Jobs news conjures specter of recession - The Post and Courier
Author: admin3 Sep
Jobs news conjures specter of recession - The Post and Courier
WASHINGTON — Employers added no jobs in August — an alarming setback for the economy that renewed fears of another recession and raised pressure on Washington to end the hiring standstill. Worries flared Friday after release of the worst jobs
Source: www.postandcourier.com
U.S. Economy: Employment Stagnates, Jobless Rate at 9.1% - BusinessWeek
The median forecast in a Bloomberg News survey called for a gain of 68,000 “This is further evidence that the economy is very close to stalling if not having stalled,” said Nariman Behravesh, chief economist at IHS in Lexington
Source: www.businessweek.com
Jobless numbers still 9.1 percent, economy stalls - Pittsburgh Post-Gazette
No news was bad news Friday for the economy. The monthly employment report from the Bureau of Labor Statistics showed that the unemployment rate for the U.S. was unchanged in August, remaining at 9.1 percent. The payroll report from the bureau noted that
Source: www.post-gazette.com
Surprise Rate Cut Follows Turkey as Economy Slows: Brazil Credit - BusinessWeek
Sept. 1 (Bloomberg) — The Brazilian central bank’s surprise cut in interest rates makes the country the second in the Group of 20 after Turkey to use that tool to safeguard the economy against a global slowdown. The bank’s board
Source: www.businessweek.com
Economy gets past recession worries - Detroit News
Thursday’s reports hardly suggest the economy is strong. They mostly point to weak growth even marginally positive news was a welcome sign. “There is no recession,” said Chris Rupkey, an economist at Bank of Tokyo-Mitsubishi UFJ, in a
Source: detnews.com
Heat, algae, economy take toll on Kansas state parks - Raleigh News & Observer
Author: admin2 Sep
Heat, algae, economy take toll on Kansas state parks - Raleigh News & Observer
“The heat, the bad economy, high gas prices “And that wasn’t exactly a great year, either,” she said. “It’s not good news.” That’s a lot for an agency that’s been running on shoestring budgets for many years. Lanterman hopes the milder
Source: www.newsobserver.com
Fears over US economy trigger world market rout - Seekingalpha.com
LONDON– Worries that the U.S. economy is stalling and may be heading back into recession caused a severe slump in stock markets around the world on Friday. With European indexes already shaken by a disagreement between the EU and Greece over how to plug a
Source: seekingalpha.com
Rousseff Said to Be Worried Over Stalling Brazil Economy Before GDP Report - Bloomberg
Author: admin2 Sep
Rousseff Said to Be Worried Over Stalling Brazil Economy Before GDP Report - Bloomberg
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Rousseff Said to Be Worried Over Stalling Brazil Economy Before GDP Report
Bloomberg President Dilma Rousseff believes that the economy expanded less than 0.8 percent in the second quarter, a sign that growth in Latin America's biggest economy is stalling, a government official said. … |
Source: news.google.com
Romney Would Do Better Job Than Obama Handling the Economy, Poll Shows - Bloomberg
 The Guardian |
Romney Would Do Better Job Than Obama Handling the Economy, Poll Shows
Bloomberg Photographer: Chip Somodevilla/Getty Images US voters say Republican presidential candidate Mitt Romney would do a better job handling the economy than President Barack Obama, according to a poll that finds Obama's disapproval rating is at an all-time … Rick Perry on Obama and The Economy: 'The Definition Of Dumb' Romney bashes Obama on military cuts, economy at VFW convention PERRY VS. ROMNEY ON ECONOMY By DICK MORRIS & EILEEN MCGANN |
Source: news.google.com
Insomnia is a $63-billion drag on the economy, study says - Los Angeles Times
 Los Angeles Times |
Insomnia is a $63-billion drag on the economy, study says
Los Angeles Times Wake up and read this: Workers with insomnia are costing the country $63 billion in lost productivity each year, according to a new study. Researchers from Harvard Medical School, the University of Michigan and elsewhere arrived at this figure by … |
Source: news.google.com
US manufacturers lift hopes on health of economy - Financial Times
 Kansas City Star |
US manufacturers lift hopes on health of economy
Financial Times There was a strong sign on Thursday that the US economy is not yet headed for recession as manufacturers said that activity was still increasing. The Institute for Supply Management's survey of purchasing managers – the single most important measure of … manufacturing data eases recession fears U.S. Manufacturing Index Shows Expansion Is Continuing, Defying Forecasts Forex News – US manufacturing PMI shows economy expanded in August |
Source: news.google.com
Jobless claims fall 12000 last week - Reuters
Author: admin1 Sep
Jobless claims fall 12000 last week - Reuters
 The West Australian |
Jobless claims fall 12000 last week
Reuters WASHINGTON (Reuters) - US manufacturing unexpectedly grew in August and fewer Americans filed new claims for jobless aid last week, defying a slump in confidence that threatened to push the economy back into recession. The Institute for Supply … Jobless Claims Fall, but Still Elevated U.S. initial jobless claims off slightly last week |
Source: news.google.com
Shen Says China PMI Signals `Decelerating’ Economy - Washington Post
 KFGO |
Shen Says China PMI Signals `Decelerating' Economy
Washington Post 1 (Bloomberg) — Shen Jianguang, chief economist for greater China at Mizhuho Securities Asia Ltd., talks about China's Purchasing Managers' Index and the outlook for the economy and monetary policy. The Purchasing Managers' Index was at 50.9 in August … ANZ's Liu on China Economy, Bank Loans |
Source: news.google.com
Farm show illustrates strong agriculture economy - Forbes
 San Francisco Chronicle |
Farm show illustrates strong agriculture economy
Forbes … Ill. — More than 600 companies have tents and booths set up at the annual Farm Progress trade show in Decatur, Ill., but a list of the companies that didn't get in will give you an idea about the country's healthy agriculture economy. … Trade show illustrates health of ag industry, but farmers worry broader … |
Source: news.google.com
Romney Is Seen Doing Better Job Handling US Economy Than Obama in Poll - Bloomberg
 ABC News |
Romney Is Seen Doing Better Job Handling US Economy Than Obama in Poll
Bloomberg US voters say Republican presidential candidate Mitt Romney would do a better job handling the economy than President Barack Obama, according to a poll that finds Obama's disapproval rating is at an … Rick Perry on Obama and The Economy: 'The Definition Of Dumb' Rick Perry: The Federal Government is “Playing Politics” with the Economy Romney bashes Obama on military cuts, economy at VFW convention |
Source: news.google.com
Brazil’s economy Changing direction - The Economist
 Telegraph.co.uk |
Brazil's economy Changing direction
The Economist Just a week earlier, analysts were split between those who pointed to inflation at 7.1%, above the 6.5% ceiling of the bank's target, as reason to expect another rise—the year's sixth—and those who felt that turmoil abroad and a cooling economy at … Surprise Rate Cut Follows Turkey as Economy Slows: Brazil Credit Brazil cuts interest rates on global economy fears Brazil slashes interest rates on global worries |
Source: news.google.com
Survey shows sluggish Midwest, Plains economy - Houston Chronicle
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Survey shows sluggish Midwest, Plains economy
Houston Chronicle OMAHA, Neb. (AP) — An August economic survey in nine Midwest and Plains states suggests slow to no growth in the region but no return to recession, according to a survey report released Thursday. The Business Conditions Index for the Mid-America … |
Source: news.google.com
GLOBAL ECONOMY-Factories falter as orders fade - Reuters
 The Guardian |
GLOBAL ECONOMY-Factories falter as orders fade
Reuters LONDON/SINGAPORE, Sept 1 (Reuters) - Factory activity worldwide stalled last month as new orders tumbled, heightening fears that the global economy may be heading for another recession and driving stock markets lower. … S.Korea inflation races but economy cools Australian Dollar Up Late As Data Lifts Gloom; China PMI Solid Surveys Show Manufacturing Slowing Worldwide |
Source: news.google.com
Polls Give Obama Low Marks on Economy - Wall Street Journal (blog)
 The Atlantic Wire |
Polls Give Obama Low Marks on Economy
Wall Street Journal (blog) The latest CNN/ORC poll shows 65% of the country disapproves of the president's handling of the economy. Respondents gave Mr. Obama similarly low marks for his handling of the unemployment epidemic. In that vein, a Quinnipiac University poll released … New CNN Poll: 65% give Obama thumbs down on economy Poll: Obama approval on economy dips Obama Approval Hits All-Time Low, Quinnipiac Poll Finds |
Source: news.google.com
Romney calls out Obama on economy - United Press International
Author: admin30 Aug
Romney calls out Obama on economy - United Press International
SAN ANTONIO, Aug. 30 (UPI) — President Obama has so mismanaged the U.S. economy the nation is near misery, Republican presidential hopeful Mitt Romney told a veterans organization Tuesday. Obama’s leadership has brought the nation “near a
Source: www.upi.com
Fed Needs More Easing Until Economy Grows: Evans - Yahoo Finance
Author: admin30 Aug
Fed Needs More Easing Until Economy Grows: Evans - Yahoo Finance
The Federal Reserve may need to be even more aggressive in its easing policies than it has been so far unless the economy shows significant improvement, Chicago Fed President Charles Evans told CNBC. A jobless rate at 9.1 percent is “consistent with
Source: finance.yahoo.com
Economy catches a break on storm damage - Worcester Telegram & Gazette
WASHINGTON — Damage from Irene appears to be less than feared, a bit of reassuring news for a fragile economy. Insured damage from Irene will range between $2 billion and $3 billion, and the total losses will likely be about $7 billion
Source: www.telegram.com
Polish economy grows 4.3 pct on the year in Q2 - AP - msnbc.com
Adam Antoniak, an economist with Bank BPH, said Poland will not be immune from the “increasingly distressing news regarding prospects for the world economy” and he expects the pace of growth in the third quarter to “decline markedly.” Data released Tuesday
Source: www.msnbc.msn.com
India’s Economy Grows More Than Estimated Amid Rate Pressure - BusinessWeek
30 (Bloomberg) — India’s economy grew faster than estimated last quarter The median of 26 predictions in a Bloomberg News survey was for a 7.6 percent gain. India’s consumption has “remained strong” because of higher salaries
Source: www.businessweek.com
Floridians’ confidence in economy at near-record low - Palm Beach Post
Seniors are especially worried about the economy. Confidence among those 60 and over fell nine points to 67, which McCarty blamed on the combination of the debt debate in Washington and wild swings on Wall Street. Talk of cuts to Medicare and Social
Source: www.palmbeachpost.com
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