| U.S. Economy Headlines |
| Gas prices inch closer to $4 while oil gyrates
(AP)
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| AP - Retail gas prices jumped a cent Friday to a new national average over $3.96 a gallon, putting them on a course to hit $4 by early next week. Oil futures, meanwhile, traded in a narrow range as investors tried to determine whether recent price declines were temporary.
-- read full article |
| Fri, 30 May 2008 17:49:05 GMT - Yahoo! News: Economy News |
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| Inflation outlook makes consumers' mood grim
(Reuters)
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| Reuters - U.S. consumer confidence fell to a
28-year low in May, a survey showed on Friday, as soaring
prices for food and fuel soured sentiment and pushed long-term
inflation expectations to the highest in more than a decade.
-- read full article |
| Fri, 30 May 2008 17:58:19 GMT - Yahoo! News: Economy News |
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| Incomes and spending both slow in April
(AP)
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| AP - The first round of economic stimulus checks gave a boost to personal incomes in April but a huge question remains: Will people spend the checks quickly enough to keep the economy afloat?
-- read full article |
| Fri, 30 May 2008 18:18:35 GMT - Yahoo! News: Economy News |
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| Oil tumbles on supply report, dollar concerns
(AP)
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| AP - Oil prices fell sharply Thursday after the Energy Department reported unexpected declines in crude oil supplies last week but said the drop was due to temporary delays in unloading oil tankers along the Gulf Coast.
-- read full article |
| Thu, 29 May 2008 19:55:06 GMT - Yahoo! News: Economy News |
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| US logs better but still weak growth
(AP)
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| AP - The economy logged slightly better but weak growth in the first quarter, spurred by improved sales of U.S. products overseas. While that's heartening, the country's economy is still far from being out of the woods. -- read full article |
| Thu, 29 May 2008 22:10:08 GMT - Yahoo! News: Economy News |
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| GDP growth revised higher, jobless claims up
(Reuters)
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| Reuters - WASHINGTON (Reuters)- The U.S. economy grew a bit faster
than first thought in the first quarter as demand for foreign
goods fell and commercial building picked up, adding to
evidence that the United States may stave off recession.
-- read full article |
| Thu, 29 May 2008 22:38:44 GMT - Yahoo! News: Economy News |
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| Gas prices keep climbing even as oil prices drop
(AP)
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| AP - The gasoline price record keeps getting broken with each passing day. AAA puts the national average for a gallon of regular at a record $3.95. It's jumped 35 cents in the past month and is 76-cents-a-gallon higher than a year ago.
-- read full article |
| Thu, 29 May 2008 11:57:56 GMT - Yahoo! News: Economy News |
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| Jobless claims up; continued claims at 4-year high
(Reuters)
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| Reuters - The number of U.S. workers filing
new claims for jobless benefits rose slightly more than
expected last week, while the tally of those remaining on the
benefit rolls hit its highest mark in more than four years, the
government said on Thursday.
-- read full article |
| Thu, 29 May 2008 12:47:57 GMT - Yahoo! News: Economy News |
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