| U.S. Economy Headlines |
| Paulson urges boost in oil output
(Reuters)
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| Reuters - U.S. Treasury Secretary Henry
Paulson on Monday urged oil-producing nations to boost their
output and warned that soaring energy costs threatened to
prolong a U.S. economic slowdown.
-- read full article |
| Tue, 24 Jun 2008 02:19:56 GMT - Yahoo! News: Economy News |
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| Oil rises on modest Saudi increase, Nigeria
(AP)
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| AP - Oil prices rose Monday on disappointment over Saudi Arabia's modest production increase and concerns that output from Nigeria will decline. Retail gas prices, meanwhile, inched lower overnight, but appear unlikely to change much as long as oil prices remain stuck in their recent trading range.
-- read full article |
| Mon, 23 Jun 2008 17:19:28 GMT - Yahoo! News: Economy News |
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| GM to offer zero-percent financing on trucks
(Reuters)
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| Reuters - General Motors Corp is offering
zero-percent financing for 72 months on pickup trucks and SUVs
as record-high gas prices have hurt sales of large vehicles, a
GM dealer briefed on the plans told Reuters on Monday.
-- read full article |
| Mon, 23 Jun 2008 18:30:44 GMT - Yahoo! News: Economy News |
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| Candy a sweet spot in sour economy
(AP)
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| AP - Like a lot of people, Nate Towne is cutting back on spending. He's carpooling to work and only shops at grocery stores that take coupons or offer discount "rewards" cards.
-- read full article |
| Mon, 23 Jun 2008 18:38:56 GMT - Yahoo! News: Economy News |
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| Gas prices climb to record $4.10
(Reuters)
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| Reuters - Gasoline is costing U.S. drivers a
record $4.10 per gallon on average, but pump prices may be at a
peak and could start to come down, an industry analyst said on
Sunday.
-- read full article |
| Sun, 22 Jun 2008 22:06:29 GMT - Yahoo! News: Economy News |
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| 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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