| U.S. Economy Headlines |
| Stagflation stifles Fed, ECB, BoE
(Reuters)
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| Reuters - The specter of stagflation will
likely keep the U.S. Federal Reserve, the European Central
Bank, and the Bank of England from changing short term interest
rates this week, and their hands may be tied for some time as
economic growth slows but inflation remains high. -- read full article |
| Mon, 04 Aug 2008 10:18:10 GMT - Yahoo! News: Economy News |
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| June inflation jumps, incomes barely rise
(Reuters)
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| Reuters - Consumer prices jumped at the
sharpest rate in more than a quarter century during June, and
consumers coping with soaring costs received their smallest
income gain in a year, the government said on Monday.
-- read full article |
| Mon, 04 Aug 2008 15:37:05 GMT - Yahoo! News: Economy News |
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| Lease or buy? Tough market complicates choice
(AP)
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| AP - The decision-making process on whether to lease or buy a car has been altered by automakers' scaling back their leasing operations under pressure from high gas prices, making leases less available and much more expensive in many cases. -- read full article |
| Mon, 04 Aug 2008 16:29:23 GMT - Yahoo! News: Economy News |
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| In a shift, Obama says tap oil reserves
(Reuters)
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| Reuters - Barack Obama proposed on
Monday tapping the strategic oil reserve to help lower gas
prices, a reversal of an earlier stance, and called rival John
McCain a tool of big oil companies as rising energy costs took
center stage in the U.S. presidential campaign.
-- read full article |
| Mon, 04 Aug 2008 17:35:39 GMT - Yahoo! News: Economy News |
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| S&P emails slammed mortgage debt products: report
(Reuters)
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| Reuters - Analysts at Standard & Poor's Rating
Services warned against mortgage-related debt products in
internal e-mails that, in one case, called the complex
financial deals "ridiculous," the Wall Street Journal reported
in its weekend edition. -- read full article |
| Sat, 02 Aug 2008 16:36:36 GMT - Yahoo! News: Economy News |
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