| U.S. Economy Headlines |
| Dollar lower before key economic data
(AFP)
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| AFP - The dollar fell against the euro and yen on Friday as the market awaited publication of US housing figures and data on consumer sentiment in the world's biggest, but struggling, economy.
-- read full article |
| Fri, 25 Jul 2008 11:19:34 GMT - Yahoo! News: Economy News |
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| Foreclosures double from last year
(Reuters)
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| Reuters - Home foreclosure filings rose 14
percent in the second quarter, the eighth consecutive quarterly
climb, and more than doubled from the same period a
year-earlier, real estate data firm RealtyTrac said on Friday.
-- read full article |
| Fri, 25 Jul 2008 13:02:33 GMT - Yahoo! News: Economy News |
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| June durable goods orders rise unexpectedly
(Reuters)
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| Reuters - New orders for long-lasting
U.S. manufactured goods rose unexpectedly in June on a surge in
defense orders while a gauge of business investment was also
higher than forecast in signs of economic resilience, a
government report showed on Friday.
-- read full article |
| Fri, 25 Jul 2008 13:29:51 GMT - Yahoo! News: Economy News |
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| New home sales fall but stronger than expected
(Reuters)
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| Reuters - Sales of newly constructed U.S.
single-family homes were stronger than expected in June, and
inventories shrank to three-and-a-half-year low, a government
report showed on Friday, providing a glimmer of hope for the
beaten-down housing market.
-- read full article |
| Fri, 25 Jul 2008 14:34:01 GMT - Yahoo! News: Economy News |
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| New home sales fall less than expected
(AP)
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| AP - Sales of new homes fell in June for the seventh time in the past eight months, but the decline was less than had been expected, raising faint hopes that the nation's severe housing recession could be approaching a bottom.
-- read full article |
| Fri, 25 Jul 2008 17:26:58 GMT - Yahoo! News: Economy News |
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| Yahoo's Zimbra Desktop Manages E-Mail, Documents
(NewsFactor)
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| NewsFactor - Zimbra is offering an office productivity suite. The Yahoo-owned provider of open-source messaging and collaboration tools announced Thursday a free beta of Yahoo Zimbra Desktop, which offers a centralized location for managing e-mail even when a user is not connected to the Internet, plus a tool for creating documents and spreadsheets. -- read full article |
| Fri, 25 Jul 2008 17:55:43 GMT - Yahoo! News: Economy News |
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| Fortune Brands profit falls but tops lowered view
(Reuters)
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| Reuters - Fortune Brands Inc reported a
quarterly profit that topped Wall Street's lowered expectations
on Friday, after the consumer products maker had warned that
weak consumer sentiment, the U.S. housing slump and higher
taxes would depress earnings more than expected.
-- read full article |
| Fri, 25 Jul 2008 18:40:06 GMT - Yahoo! News: Economy News |
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| Destination retailers feel gas price pinch
(AP)
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| AP - Consumer spending is down and gas prices are up. That's bad math for the scores of destination retailers across the country that want customers to fill up the tank for a gas-guzzling day of retail therapy. -- read full article |
| Fri, 25 Jul 2008 18:57:49 GMT - Yahoo! News: Economy News |
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