| U.S. Economy Headlines |
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| Annualized growth rate at 22-week high: ECRI
(Reuters)
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| Reuters - A gauge of future U.S. economic growth
slipped in the latest week but its annualized growth rate,
while still in recessionary territory, was at a 22-week high,
indicating improvement in short-term growth prospects, a
research group said on Friday. -- read full article |
| Fri, 30 May 2008 14:38:05 GMT - Yahoo! News: Economy News |
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| 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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