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    U.S. Economy Headlines
    eBay Boosts Fraud Protection for PayPal Transactions (NewsFactor)
    NewsFactor - In preparation for this year's holiday shopping season, eBay and PayPal on Thursday announced improved protections for buyers and sellers on eBay.com. -- read full article
    Fri, 20 Jun 2008 20:44:55 GMT - Yahoo! News: Economy News
    Economy - Friday (Investor's Business Daily)
    Investor's Business Daily - The Int'l Monetary Fund said the U.S. economic slowdown has been less than feared and a slow recovery should begin in '09. The group didn't mention recession in its annual review and urged the Fed to hold interest rates steady. The recommendation assumed inflation will be contained. The IMF sees GDP growth of 1% in '08 and 0.8% in '09 vs. its prior estimates of 0.5% and 0.6%, respectively. -- read full article
    Fri, 20 Jun 2008 23:14:15 GMT - Yahoo! News: Economy News
    Winnebago net tumbles; CEO warns on price war (Reuters)

    The 2006 Winnebago Vectra in an undated photo. Winnebago Industries said on Friday that quarterly earnings tumbled 73 percent as tough economic conditions dragged down motor-home sales during the key spring selling season. (Handout/Reuters)Reuters - Winnebago Industries Inc said on Friday that quarterly earnings tumbled 73 percent as tight credit, rising fuel prices and the housing slump discouraged consumers from buying its pricey motor homes during the key spring selling season.


    -- read full article
    Fri, 20 Jun 2008 17:56:22 GMT - Yahoo! News: Economy News
    Virtually all state jobless rates higher in May (Reuters)
    Reuters - All but one U.S. state reported a higher jobless rate in May, led by Michigan and Rhode Island. -- read full article
    Fri, 20 Jun 2008 15:46:25 GMT - Yahoo! News: Economy News
    High gasoline prices changing lawn-mowing habits (AP)

    Eric King cuts his Natrona Heights, Pa., lawn with his push mower Friday, May 30, 2008. King guesses he is saving $160 per year by not having to buy gas for his mower. (AP Photo/Gene J. Puskar)AP - When Eric King moved from his apartment in Pittsburgh to a single-family home with a lawn, he bought a manual lawn mower instead of the usual gas-powered kind. He figures he's putting money in his pocket and saving trips to the filling station.


    -- read full article
    Fri, 20 Jun 2008 15:47:13 GMT - Yahoo! News: Economy News
    Housing market weakness long-term: survey (Reuters)

    Row homes valued at $400,000 each, which are offered for free in a 'buy one, get one free' deal, are seen in Escondido June 3, 2008. Consumers expect housing market weakness to linger for longer than they did a few months ago, a survey showed on Friday. (Mike BlakeREUTERS/Mike Blake/Reuters)Reuters - Consumers expect housing market weakness to linger for longer than they did a few months ago, a survey showed on Friday.


    -- read full article
    Fri, 20 Jun 2008 17:02:13 GMT - Yahoo! News: Economy News
    Stocks rise, helped by oil price tumble (Reuters)

    Traders work on the floor of the New York Stock Exchange January 23, 2008. (Brendan McDermid/Reuters)Reuters - U.S. stocks rose on Thursday as a drop in oil prices fueled investor optimism about consumer spending, driving shares of transportation and retailers sharply higher.


    -- read full article
    Thu, 19 Jun 2008 21:04:08 GMT - Yahoo! News: Economy News
    Stocks end higher as oil falls sharply (AP)

    Traders work on the floor of the New York Stock Exchange January 23, 2008. (Brendan McDermid/Reuters)AP - Stocks ended a back-and-forth session with modest advances Thursday as a sharp drop in oil prices helped counter renewed concerns about the strength of the economy.


    -- read full article
    Thu, 19 Jun 2008 21:52:23 GMT - Yahoo! News: Economy News
    Oil drops as China says it will raise fuel prices (AP)

    The opening ceremony of the 29th Annual Session of the OPEC Ministerial Council is seen here in this general view in the city of Isfahan, 450 km (280 miles) south of Tehran, June 17, 2008. (Morteza Nikoubazl/Reuters)AP - Oil prices dropped sharply Thursday after China said it will raise fuel prices, a move that could dampen the booming Asian nation's oil consumption.


    -- read full article
    Thu, 19 Jun 2008 19:58:22 GMT - Yahoo! News: Economy News
    Policy-makers weigh stronger Fed role on Wall Street (Reuters)

    Secretary of the Treasury Henry Paulson speaks at a news conference after a meeting of the G-7 finance ministers during the World Bank/IMF 2008 Spring Meetings in Washington April 11, 2008. Joshua Roberts/REUTERS (Reuters)Reuters - Treasury Secretary Henry Paulson said on Thursday the Federal Reserve should be given explicit authority to step in to protect the financial system if its stability is threatened, even if it means offering emergency funding to investment banks.


    -- read full article
    Thu, 19 Jun 2008 22:58:10 GMT - Yahoo! News: Economy News
    Economy limping along, leading indicators show (AP)

    A woman shops at a supermarket in Marina Del Rey, California. US consumer prices jumped by a sharper-than-expected 0.6 percent in May, as energy costs soared, a government report showed Friday.(AFP/File/Gabriel Bouys)AP - The economy, hobbled by higher fuel and food prices, tighter credit and a depressed housing market, is limping along at a snail's pace, a private business group said Thursday.


    -- read full article
    Thu, 19 Jun 2008 21:17:39 GMT - Yahoo! News: Economy News
    Dollar gains on better-than-expected US data (AFP)

    Euro banknotes next to US dollar notes in a cash register. The dollar held mostly firm Thursday as traders focused on a US Conference Board reading of leading indicators that suggested that the world's largest economy could avoid recession.(AFP/Getty Images/File/Annie Tritt)AFP - The dollar held mostly firm Thursday as traders focused on a US Conference Board reading of leading indicators that suggested that the world's largest economy could avoid recession.


    -- read full article
    Thu, 19 Jun 2008 21:30:14 GMT - Yahoo! News: Economy News
    Paulson to push for oversight reforms: reports (Reuters)

    China's Vice Premier Wang Qishan and Treasury Secretary Henry Paulson share a toast at a U.S. Chamber of Commerce dinner in Washington June 18, 2008. (Jonathan Ernst/Reuters)Reuters - Treasury Secretary Henry Paulson is expected to urge that the Federal Reserve be given new powers to regulate Wall Street after the collapse of brokerage Bear Stearns Cos. Inc., U.S. media reported on Wednesday.


    -- read full article
    Thu, 19 Jun 2008 10:24:22 GMT - Yahoo! News: Economy News
    Economic gloom abounds, except in UK shops (Reuters)

    Shoppers throng Oxford Street in London, December 9, 2007. (Luke MacGregor/Reuters)Reuters - A sharp rise in British retail sales pierced the global economic gloom like a rare shaft of sunlight on Thursday, but other developments showed that hopes that storm clouds would disperse were premature.


    -- read full article
    Thu, 19 Jun 2008 12:05:49 GMT - Yahoo! News: Economy News
    Techs rise, helped by falling oil price (Reuters)

    Traders work on the floor of the New York Stock Exchange January 23, 2008. (Brendan McDermid/Reuters)Reuters - The Nasdaq rose on Thursday as top technology companies and other exporters benefited from tumbling oil prices, seen as easing strains on global economic growth.


    -- read full article
    Thu, 19 Jun 2008 18:49:43 GMT - Yahoo! News: Economy News
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