| U.S. Economy Headlines |
| Everything seemingly is spinning out of control
(AP)
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| AP - Is everything spinning out of control? Midwestern levees are bursting. Polar bears are adrift. Gas prices are skyrocketing. Home values are abysmal. Air fares, college tuition and health care border on unaffordable. Wars without end rage in Iraq, Afghanistan and against terrorism.
-- read full article |
| Sun, 22 Jun 2008 08:13:07 GMT - Yahoo! News: Economy News |
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| Economy - Friday
(Investor's Business Daily)
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| 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 |
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| Winnebago net tumbles; CEO warns on price war
(Reuters)
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| 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 |
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| High gasoline prices changing lawn-mowing habits
(AP)
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| 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 |
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| Policy-makers weigh stronger Fed role on Wall Street
(Reuters)
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| 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 |
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| Economic gloom abounds, except in UK shops
(Reuters)
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| 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 |
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