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    U.S. Economy Headlines
    Infrastructure could spur new stimulus: Rep (Reuters)
    Reuters - The U.S. Congress is discussing a second economic stimulus bill that could include nearly $15 billion in infrastructure spending, a senior member of the House of Representatives told Reuters on Tuesday. -- read full article
    Wed, 23 Jul 2008 00:18:55 GMT - Yahoo! News: Economy News
    AP IMPACT: Traffic deaths fall as gas prices climb (AP)

    Motorist leave the city of Indianapolis at rush hour Monday, July 7, 2008. Traffic deaths in many states this year are on track to post their biggest percentage decline since the Arab oil embargo in the 1970s as motorists reduce their driving amid record-setting gas prices.  (AP Photo/Darron Cummings)AP - Rising prices at the gas pump appear to be having at least one positive effect: Traffic deaths around the country are plummeting, just as they did during the Arab oil embargo three decades ago.


    -- read full article
    Wed, 23 Jul 2008 00:34:45 GMT - Yahoo! News: Economy News
    Policy-makers caught in a dilemma: Fed's Plosser (Reuters)
    Reuters - Monetary policy is in a tight spot as policy-makers need to look at the economy going forward while making sure that inflationary expectations stay in check, Philadelphia Federal Reserve President Charles Plosser said on Tuesday. -- read full article
    Tue, 22 Jul 2008 14:14:22 GMT - Yahoo! News: Economy News
    Bernanke towers as biggest Fed market mover: study (Reuters)
    Reuters - The financial market impact of Federal Reserve Chairman Ben Bernanke's remarks has soared since the start of 2007 as he telegraphed crucial shifts in monetary policy, a report on Tuesday showed. -- read full article
    Tue, 22 Jul 2008 15:00:44 GMT - Yahoo! News: Economy News
    Fannie and Freddie key to housing, markets: Paulson (Reuters)
    Reuters - Treasury Secretary Henry Paulson said on Tuesday shoring up housing finance giants Fannie Mae and Freddie Mac was crucial to ending the slide in housing prices and easing the strains in financial markets. -- read full article
    Tue, 22 Jul 2008 15:06:14 GMT - Yahoo! News: Economy News
    Soaring gas prices drive scooter sales skyward (Reuters)

    A model poses on the new Vespa S model at the Piaggio factory in Pontedera, Italy, July 25, 2007. REUTERS/Marco BuccoReuters - Record gasoline prices are fueling a boom in sales of fuel-efficient scooters across the United States, as commuters ditch their gas-guzzlers and don helmets and goggles to beat high prices at the pump.


    -- read full article
    Tue, 22 Jul 2008 15:40:19 GMT - Yahoo! News: Economy News
    Young adults face tough economic struggle: study (Reuters)

    Grace Blackburn, Susan Noyce and Mary Claire Geyer (L-R) set out fruit for sale at the Westmoreland Berry Farm stand at the Arlington Farmers' Market in Arlington, Virginia in this picture taken June 28, 2008. REUTERS/Jonathan ErnstReuters - Young adults are being hit harder by rising U.S. energy and food costs and a weakening economy than older Americans because they are just entering the workforce and are strapped with credit card debt, a report released on Tuesday said.


    -- read full article
    Tue, 22 Jul 2008 17:04:32 GMT - Yahoo! News: Economy News
    Dollar moves higher against the euro on Paulson, Fed comment (AFP)

    Sheets of one dollar bills are printed. The dollar moved higher against the euro Tuesday on comments from a Federal Reserve official signalling a possible rise in US interest rates and fresh support for the US financial system from the Treasury chief.(AFP/File/Shawn Thew)AFP - The dollar moved higher against the euro Tuesday on comments from a Federal Reserve official signalling a possible rise in US interest rates and fresh support for the US financial system from the Treasury chief.


    -- read full article
    Tue, 22 Jul 2008 17:20:47 GMT - Yahoo! News: Economy News
    AP IMPACT: Traffic deaths fall as gas prices climb (AP)

    Motorist leave the city of Indianapolis at rush hour Monday, July 7, 2008. Traffic deaths in many states this year are on track to post their biggest percentage decline since the Arab oil embargo in the 1970s as motorists reduce their driving amid record-setting gas prices.  (AP Photo/Darron Cummings)AP - Rising prices at the gas pump appear to be having at least one positive effect: Traffic deaths around the country are plummeting, just as they did during the Arab oil embargo three decades ago.


    -- read full article
    Tue, 22 Jul 2008 18:40:07 GMT - Yahoo! News: Economy News
    In tight times, shunning materialism saves money (AP)
    AP - NEW YORK — Give up worldly goods and help save the Earth. -- read full article
    Mon, 21 Jul 2008 18:57:56 GMT - Yahoo! News: Economy News
    Unemployment, stocks push down leading indicators (AP)
    AP - Factories laying off workers, stocks tumbling and shoppers ditching their credit cards forced the economy to contract in June, a trend likely to continue in the second half of 2008, a private business group said Monday. -- read full article
    Mon, 21 Jul 2008 20:44:18 GMT - Yahoo! News: Economy News
    Economy may avoid recession but slow growth seen (Reuters)
    Reuters - The U.S. economy may have avoided a recession but will grow below trend for some time as firms face higher prices for a range of goods that will cut into profits, according to a panel of economists surveyed. -- read full article
    Mon, 21 Jul 2008 14:42:22 GMT - Yahoo! News: Economy News
    Goldman banker to advise Paulson on banks (Reuters)
    Reuters - Senior Goldman Sachs Group Inc investment banker Kendrick Wilson will take a leave of absence to advise U.S. Treasury Secretary Henry Paulson on the nation's banking crisis, people familiar with the matter said on Monday. -- read full article
    Mon, 21 Jul 2008 16:32:55 GMT - Yahoo! News: Economy News
    Unemployment, stocks push down leading indicators (AP)
    AP - Factories laying off workers, stocks tumbling and shoppers ditching their credit cards forced the economy to contract in June, a trend likely to continue in the second half of 2008, a private business group said Monday. -- read full article
    Mon, 21 Jul 2008 17:53:07 GMT - Yahoo! News: Economy News
    Banks sound but economy to take time: Paulson (Reuters)
    Reuters - The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said. -- read full article
    Sun, 20 Jul 2008 18:58:07 GMT - Yahoo! News: Economy News
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