| U.S. Economy Headlines |
| Fed signals aggressive rate cutting is done
(AP)
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| AP - The Federal Reserve's aggressive period of cutting interest rates to keep the country from falling into a recession is over. That point is in general agreement. The trouble starts when you try to figure out what period the Fed has now entered.
-- read full article |
| Thu, 26 Jun 2008 08:19:04 GMT - Yahoo! News: Economy News |
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| Nissan CEO braces for worst in U.S.
(Reuters)
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| Reuters - Nissan Motor Co (7201.T) Chief
Executive Carlos Ghosn said industrywide sales in the United
States could fall well below 15 million vehicles this year as
high gas prices and a sluggish economy sap demand, and warned
of another push by steelmakers to hike prices.
-- read full article |
| Wed, 25 Jun 2008 10:38:18 GMT - Yahoo! News: Economy News |
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| Durable goods orders unchanged in May
(Reuters)
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| Reuters - New orders for long-lasting U.S.
manufactured goods were unchanged in May after two consecutive
months of decline, government data on Wednesday showed, while a
key barometer of business confidence fell less than expected. -- read full article |
| Wed, 25 Jun 2008 13:18:14 GMT - Yahoo! News: Economy News |
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| Oil prices slide on US inventory data
(AFP)
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| AFP - Oil prices dived on Wednesday after official data revealed an unexpected rise for crude stockpiles in the United States, the world's biggest energy consumer, traders said.
-- read full article |
| Wed, 25 Jun 2008 15:35:00 GMT - Yahoo! News: Economy News |
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| Sales of new homes slip
(Reuters)
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| Reuters - Durable goods orders held steady
last month, but sales of new single family homes fell,
government data showed on Wednesday, highlighting a weak
economy as the Federal Reserve met to ponder interest rates.
-- read full article |
| Wed, 25 Jun 2008 15:14:05 GMT - Yahoo! News: Economy News |
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| Oil prices edge higher on dollar, supply concerns
(AP)
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| AP - Oil futures ended an uneven session with a modest gain Tuesday as traders awaited news that could help the market break out of a trading range that has lasted for more than two weeks. Retail gas prices, meanwhile, slid below a national average of $4.07 a gallon.
-- read full article |
| Tue, 24 Jun 2008 19:38:52 GMT - Yahoo! News: Economy News |
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| Consumer confidence sinks to 16-year-plus low
(AP)
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| AP - U.S. consumers are the gloomiest they've been since the tail end of the last prolonged recession. Inflation, sinking home values and soaring gas prices have pushed confidence to the lowest level since 1992. Consumers' view of the economic future has never been lower, raising worries that already weak consumer spending could deteriorate further.
-- read full article |
| Tue, 24 Jun 2008 20:55:40 GMT - Yahoo! News: Economy News |
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