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| Fed Beige Book: Price pressures elevated or rising
(Reuters)
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| Reuters - The pace of U.S. economic activity
slowed somewhat through mid-July and price pressures were
elevated or increasing across the country, the U.S. Federal
Reserve said on Wednesday in a report showing evidence of
inflation warning signs across the country.
-- read full article |
| Wed, 23 Jul 2008 18:01:13 GMT - Yahoo! News: Business |
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| Moderate and lower earners under more pressure
(Reuters)
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| Reuters - The trouble that began last summer
in the financial markets raised the likelihood of a U.S.
recession, but for America's middle class, the downturn has
been under way for many years, experts plan to tell a
congressional panel on Wednesday. -- read full article |
| Tue, 22 Jul 2008 23:56:23 GMT - Yahoo! News: Business |
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| Vote looms in Congress on housing rescue plan
(Reuters)
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| Reuters - A major rescue package for the U.S.
housing market is scheduled to come to a vote in the House of
Representatives on Wednesday, with lawmakers agreeing final
language late on Tuesday and congressional analysts putting a
$25-billion potential price tag on a new provision.
-- read full article |
| Wed, 23 Jul 2008 04:22:11 GMT - Yahoo! News: Business |
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| Stocks rise as oil's drop trumps earnings
(Reuters)
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| Reuters - Stocks rose more than 1 percent on
Tuesday as oil prices slid over $3 a barrel, taking the edge
off a raft of disappointing earnings from American Express and
others as well as a weak outlook from iPod maker Apple.
-- read full article |
| Tue, 22 Jul 2008 21:26:50 GMT - Yahoo! News: Business |
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| Fannie, Freddie rescue estimate mounts
(Reuters)
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| Reuters - A Bush administration plan to rescue
Fannie Mae and Freddie Mac could cost U.S.
taxpayers $25 billion, congressional budget analysts said on
Tuesday as Congress worked to complete sweeping housing market
legislation.
-- read full article |
| Tue, 22 Jul 2008 16:23:16 GMT - Yahoo! News: Business |
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