Reuters - U.S. presidential candidate Barack
Obama gave a vote of confidence to Federal Reserve Chairman Ben
Bernanke, saying he had made some good decisions in difficult
circumstances.
The Christian Science Monitor - When the price of gasoline crested over $4 a gallon, it threw a bucket of cold water on the economy: Americans scaled back their driving, parked the SUV, and even cut back their spending at the mall. -- read full article
AP - The dollar fell against the 15-nation euro Monday despite a report showing consumer confidence falling to a more-than five-year low in Germany, Europe's largest economy. -- read full article
Reuters - Presidential candidate Barack Obama
gave a vote of confidence to Federal Reserve Chairman Ben
Bernanke, saying he had made some good decisions in difficult
circumstances.
Reuters - Presidential candidate Barack Obama
gave a vote of confidence to Federal Reserve Chairman Ben
Bernanke, saying he had made some good decisions in difficult
circumstances.
AP - Wall Street ended a volatile week with uneven gains Friday after better-than-expected economic data placated a market pummeled a day earlier by concerns about housing and the financial sector.
AFP - New US home sales ticked down in June, government data showed Friday, but the better-than-expected figures sparked a glint of hope that the worst housing slump in decades may be scraping bottom.
Reuters - Stocks rose on Friday as a drop in oil
prices, and stronger-than-expected data on consumer sentiment
and housing blunted the latest concerns about the health of U.S
banks.
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.
AP - THE LATEST: A jump in military spending helped boost new orders for big-ticket durable goods by a surprisingly strong 0.8 percent in June while new home sales dropped by a smaller-than-expected 0.6 percent. Consumer sentiment rebounded slightly in July from a 28-year low. -- read full article
