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    U.S. Economy Headlines
    Results mixed at weekly Treasury auction (AP)
    AP - Interest rates on short-term Treasury bills were mixed in Monday's auction with yields on three-month bills rising while six-month bills declined. -- read full article
    Mon, 30 Jun 2008 19:34:04 GMT - Yahoo! News: Economy News
    Chrysler to shut minivan plant as sales slump (Reuters)

    Robotic arms work on the assembly line at Chrysler's St. Louis South Assembly Plant in a 2000 file photo. (Chrysler/Handout/Reuters)Reuters - Chrysler LLC will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in a sign of the automaker's troubles with a market reeling from record gas prices.


    -- read full article
    Mon, 30 Jun 2008 23:41:32 GMT - Yahoo! News: Economy News
    Doha breakthrough would dampen food prices: Paulson (Reuters)
    Reuters - Treasury Secretary Henry Paulson on Tuesday said the United States and Germany agreed that a breakthrough in Doha round of trade talks would help control food inflation around the world. -- read full article
    Tue, 01 Jul 2008 08:03:23 GMT - Yahoo! News: Economy News
    Consumer spending jumps as stimulus checks land (Reuters)
    Reuters - U.S. personal spending rose by a more-than-expected 0.8 percent in May as government stimulus checks bolstered household budgets, government data on Friday showed. -- read full article
    Fri, 27 Jun 2008 13:01:24 GMT - Yahoo! News: Economy News
    World needs tough monetary policy to tackle inflation (Reuters)

    A shopper carries groceries at a supermarket in Beijing June 1, 2008. (Claro Cortes IV/Reuters)Reuters - The world needs higher interest rates to tackle a clear inflation threat, even though economic growth is likely to be hit harder than most observers expect, the Bank for International Settlements said on Monday.


    -- read full article
    Mon, 30 Jun 2008 10:21:40 GMT - Yahoo! News: Economy News
    High U.S. gas prices pinch NASCAR fans (Reuters)

    Race leader Kurt Busch is stopped on pit road after heavy rains shortened the NASCAR Sprint Cup Lenox Industrial Tools 301 at New Hampshire Motor Speedway in Loudon, New Hampshire, June 29, 2008. (Robert LeSieur/Reuters)Reuters - Many NASCAR fans think nothing of jumping in their recreational vehicles or pickup trucks and driving 300 miles or more to watch races in places like Talladega, Alabama; Bristol, Tennessee; and Las Vegas.


    -- read full article
    Mon, 30 Jun 2008 12:44:44 GMT - Yahoo! News: Economy News
    USDA reports flooding cuts corn acres (AP)
    AP - The government says farmers will harvest nearly 7 percent fewer acres of corn than last year in part because Midwest flooding has damaged the crop. -- read full article
    Mon, 30 Jun 2008 12:50:26 GMT - Yahoo! News: Economy News
    Energy sector leads stocks up as oil hits record (Reuters)

    Traders can be seen on the floor of the crude oil feature pit of the New York Mercantile Exchange, June 30, 2008. (Lucas Jackson/Reuters)Reuters - Stocks rose on Monday as record crude oil prices lifted energy shares on the final trading day of the month and the second quarter, offsetting a financial sector sell-off on fears of further credit losses.


    -- read full article
    Mon, 30 Jun 2008 16:29:52 GMT - Yahoo! News: Economy News
    Midwest business activity less weak in June (Reuters)

    A man gestures to a 'Sale' sign in a Target Store in Chicago, November 23, 2007. (John Gress/Reuters)Reuters - Business activity in the U.S. Midwest contracted in June for a fifth straight month but at a less severe rate, even as production and new orders both slipped, a report showed on Monday.


    -- read full article
    Mon, 30 Jun 2008 14:30:49 GMT - Yahoo! News: Economy News
    Reports show U.S. growth weak if not in recession (Reuters)

    A man gestures to a 'Sale' sign in a Target Store in Chicago, November 23, 2007. (John Gress/Reuters)Reuters - The U.S. economy continues to bump along at a slow level of growth but has probably not fallen into recession, a series of regional purchasing managers' reports showed on Monday.


    -- read full article
    Mon, 30 Jun 2008 16:39:53 GMT - Yahoo! News: Economy News
    AP-Yahoo News poll: 9 in 10 hit hard by gas prices (AP)

    Julie Jacobs poses with her children Natalie, 4, left, and Aidan, 6,  right, at their home in Baltimore, Thursday, June 26, 2008. Four dollar a gallon gas has stolen a beach vacation in South Carolina from Julie Jacobs' family.  Like a plague that does not discriminate by economic class, race or age, soaring gas prices are inflicting pain throughout the U.S. Nine in 10 expecting the ballooning costs to squeeze them financially over the next half year, an Associated Press-Yahoo News poll says. (AP Photo/Rob Carr)AP - Four-dollar gasoline has stolen a beach vacation from Julie Jacobs' family, "little small luxuries" like exotic bath washes from Angela Crawford and dinners out from folks all over the country. Phil English has had to sell his beloved but fuel-guzzling red pickup.


    -- read full article
    Mon, 30 Jun 2008 18:07:05 GMT - Yahoo! News: Economy News
    Paulson to reveal more on Fed stability role (Reuters)

    Treasury Secretary Henry Paulson gestures after his remarks about Federal Reserve and the economy at the Women in Housing and Finance meeting in Washington, June 19, 2008. (Jonathan Ernst/Reuters)Reuters - Treasury Secretary Henry Paulson will reveal more details about his accelerated plans for the Federal Reserve to assume a larger regulatory role in maintaining financial system stability in a speech in London on Wednesday.


    -- read full article
    Mon, 30 Jun 2008 18:20:56 GMT - Yahoo! News: Economy News
    Sports attendance up, hot dog spending down (Reuters)

    A vendor sells candy to fans attending the MLB interleague baseball game between the Chicago White Sox and Chicago Cubs in Chicago June 27, 2008. In an economic downturn, U.S. fans still go to sports games, partly as an escape from financial woes, but they are saving on the extras, like hot dogs and beer. (Frank Polich/Reuters)Reuters - A couple of times a year, David Holzhammer drives more than 200 miles from his home in Iowa City, Iowa, to see the Chicago Cubs play baseball. That is a luxury he is not giving up, despite high gas prices and other strains on his wallet.


    -- read full article
    Mon, 30 Jun 2008 00:21:35 GMT - Yahoo! News: Economy News
    High gas prices pinch NASCAR fans (Reuters)
    Reuters - Many NASCAR fans think nothing of jumping in their recreational vehicles or pickup trucks and driving 300 miles or more to watch races in places like Talladega, Alabama; Bristol, Tennessee; and Las Vegas. -- read full article
    Mon, 30 Jun 2008 07:39:19 GMT - Yahoo! News: Economy News
    Treasury's Paulson says believes in strong dollar (Reuters)
    Reuters - Treasury Secretary Henry Paulson said on Monday he believes in a strong U.S. dollar and that U.S officials were working to resolve the country's economic problems, including regulatory mistakes that led to excesses in the mortgage and banking sectors. -- read full article
    Mon, 30 Jun 2008 08:34:53 GMT - Yahoo! News: Economy News
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