| U.S. Economy Headlines |
| U.S. economic anxiety hits women harder: study
(Reuters)
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| Reuters - The U.S. economic downturn has spread
personal financial worries far and wide, but women are more
worried about paying bills, losing jobs, providing for children
and saving for retirement, according to a study released on
Thursday.
-- read full article |
| Fri, 09 May 2008 11:52:05 GMT - Yahoo! News: Economy News |
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| Mortgage credit losses could total $500 bln: Goldman
(Reuters)
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| Reuters - Goldman Sachs economists expect a
total of $500 billion in residential mortgage credit losses, a
renewed slowdown in economic activity after the near-term boost
from fiscal stimulus, and no monetary policy tightening in 2008
or 2009, according to a research note from the firm.
-- read full article |
| Fri, 09 May 2008 19:25:36 GMT - Yahoo! News: Economy News |
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| Economy - Friday
(Investor's Business Daily)
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| Investor's Business Daily - The world's largest economy will grow by less than a percent this year due to falling consumer sentiment, according to the Reuters/University of Michigan Surveys of Consumers. The U. Mich. confidence gauge hit a 26-year low in April. Consumers tend to believe the economy is in a recession when growth is near zero, said Richard Curtin, director of the survey. But economists are rethinking their recession forecasts in the face of resilient U.S. data. -- read full article |
| Fri, 09 May 2008 22:45:29 GMT - Yahoo! News: Economy News |
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| 2008 growth outlook deteriorated: Blue Chip
(Reuters)
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| Reuters - Even with some signs of improvement
in the U.S. financial markets and a temporary boost from the
economic stimulus package, the growth outlook for the second
half of this year has deteriorated, according to a panel of
economic forecasters. -- read full article |
| Sat, 10 May 2008 04:20:48 GMT - Yahoo! News: Economy News |
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| Gas jumps above $3.67, oil passes $126 on Venezuela concerns
(AP)
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| AP - Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump, following oil's recent path higher.
-- read full article |
| Sat, 10 May 2008 11:02:16 GMT - Yahoo! News: Economy News |
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| Paulson: housing bill woes not insurmountable
(Reuters)
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| Reuters - Treasury Secretary Henry Paulson on
Thursday said that problems with a housing relief bill under
debate in the House of Representatives are "not insurmountable"
and he would work toward a bill that President George W. Bush
could sign.
-- read full article |
| Thu, 08 May 2008 11:39:11 GMT - Yahoo! News: Economy News |
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| Wall Street jumps on miners, oil
(Reuters)
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| Reuters - Stocks rose on Thursday as a surge in
global commodity prices propelled mining and energy shares
higher, while technology shares gained after a top strategist
said they were a good value.
-- read full article |
| Thu, 08 May 2008 23:33:08 GMT - Yahoo! News: Economy News |
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| Shoppers went for bargains in April rebound
(Reuters)
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| Reuters - Retail sales rebounded in April after
the worst March in 13 years, as warmer weather boosted demand
for spring and summer apparel, while most discounters shined as
cash-strapped consumers hunted for bargains.
-- read full article |
| Thu, 08 May 2008 18:05:50 GMT - Yahoo! News: Economy News |
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