| U.S. Economy Headlines |
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| Hyundai cuts, Kia lifts domestic sales target
(Reuters)
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| Reuters - Hyundai Motor Co (005480.KS), South
Korea's top auto maker, said on Sunday it had cut its local
sales target for this year by 6 percent as record-breaking oil
prices are hitting consumer sentiment in Asia's fourth-largest
economy. -- read full article |
| Sun, 06 Jul 2008 05:35:13 GMT - Yahoo! News: Economy News |
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| Kimmitt confident in economic fundamentals
(Reuters)
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| Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
-- read full article |
| Fri, 04 Jul 2008 13:18:27 GMT - Yahoo! News: Economy News |
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| G-8 meets as economy storm clouds thicken
(AP)
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| AP - Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of economic woes in at least a decade when they gather next week.
-- read full article |
| Fri, 04 Jul 2008 17:26:17 GMT - Yahoo! News: Economy News |
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| Stocks end mixed following jobs, services data
(AP)
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| AP - Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market.
-- read full article |
| Thu, 03 Jul 2008 21:23:28 GMT - Yahoo! News: Economy News |
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| Economy extends job loss streak
(Reuters)
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| Reuters - U.S. employers cut workers for a
sixth straight month in June for the longest such streak since
2002 and the country's vast service sector unexpectedly
contracted, underscoring the economy's frailty.
-- read full article |
| Thu, 03 Jul 2008 19:15:06 GMT - Yahoo! News: Economy News |
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| IBD's Top 10 - Thursday
(Investor's Business Daily)
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| Investor's Business Daily - 1 The 6th straight monthly payrolls drop was in line with forecasts, though April and May payrolls were revised lower. That bodes ill for the economy, but recessions typically have bigger job cuts. Unemployment stayed at 5.5%, defying forecasts for a dip after May's spike. Factories and home builders slashed staff. Rising jobless claims signal more job losses ahead. -- read full article |
| Thu, 03 Jul 2008 22:38:00 GMT - Yahoo! News: Economy News |
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| G-8 leaders face ominous economic woes this year
(AP)
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| AP - Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of economic woes in at least a decade when they gather next week.
-- read full article |
| Fri, 04 Jul 2008 08:41:54 GMT - Yahoo! News: Economy News |
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