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Economic downturn defying solutions
Fri, 27 Aug 2010 17:23:41 GMT
Forget about a ??double dip? recession; the economy may still be in ??one long dip.? That could mean textbook policies to restore growth aren??t working ?? because this recession is different.
Recession - Economy - Economic - Social Sciences - Business
Economists divided over Fed's next direction
Mon, 30 Aug 2010 11:17:28 GMT
Economists are satisfied with the Fed's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds.
Central bank - Federal Reserve System - Interest rate - Government - Finance
Economic data show recovery still kicking, a bit
Thu, 2 Sep 2010 16:24:46 GMT
It was a glass-half-full day for economic data on Thursday ... sort of. The upbeat news was tempered by worries about what Friday's unemployment report will say about the state of the labor market.
Unemployment benefits - Jobless claims - Unemployment - Business - Work
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Mon, 30 Aug 2010 11:32:44 GMT
Bernanke says Fed might buy more securities
Fri, 27 Aug 2010 17:59:55 GMT
Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly.
Ben Bernanke - Federal Reserve System - Economic - Central bank - Social Sciences
In weak economy, some work two jobs
Mon, 30 Aug 2010 11:32:44 GMT
Even as nearly 15 million Americans are looking for just one job these days, around 6.5 million people, are working two jobs ?? or more ?? to make ends meet.
United States - Economy - Employment - Job Search - Business and Economy
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Tue, 31 Aug 2010 20:35:22 GMT
Obama: Too many Americans still out of work
Mon, 30 Aug 2010 20:14:48 GMT
President Barack Obama acknowledged Monday that the economy continues to struggle and too many Americans are still struggling to find jobs.
Barack Obama - United States - President of the United States - President - History
At meeting Fed discussed using more stimulus
Tue, 31 Aug 2010 23:14:55 GMT
Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.
Federal Reserve System - Government - Economic - Government debt - Finance
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Thu, 2 Sep 2010 16:42:47 GMT
Stocks edge higher after jobs, housing reports
Thu, 2 Sep 2010 16:54:14 GMT
Stocks edged higher after reports on housing, manufacturing and jobs indicated the economy continues to grow - slowly.
China - Australia - Business - Asia - United States
Surprise rise in August consumer confidence
Tue, 31 Aug 2010 15:22:08 GMT
Americans'confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey.
United States - Consumer confidence - Economic - Home - Social Sciences
Bernanke: Shut banks if threat to system
Thu, 2 Sep 2010 16:42:47 GMT
Fed chief Bernanke told a panel investigating the financial crisis Thursday that regulators must be ready to shut large institutions if they threaten to bring down the financial system.
Financial crisis - Business - Ben Bernanke - Federal Reserve System - Financial Services
White House economist calls for more stimulus
Wed, 1 Sep 2010 13:35:04 GMT
Departing White House economist calls for further steps to stimulate the U.S. economy, saying high budget deficits should not be an excuse for allowing the unemployed to suffer.
White House - Economy of the United States - Deficit - United States - President
Private employers cut 10,000 jobs in August
Wed, 1 Sep 2010 19:42:53 GMT
The U.S. manufacturing sector grew faster than expected in August but private employers unexpectedly cut jobs, showing the economic recovery still faces headwinds.
Employment - Business - United States - Job Search - Business and Economy
Manufacturing sector expanded in August
Wed, 1 Sep 2010 14:43:46 GMT
The Institute for Supply Management, or ISM, said Wednesday its monthly manufacturing report showed a stronger-than-expected reading in August.
Institute for Supply Management - Manufacturing - Business - Reading - England
Latest growth data show recovery losing steam
Fri, 27 Aug 2010 17:16:30 GMT
The U.S. economy grew at a slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies' restocking of goods.
Economy of the United States - Business - United States - Federal Reserve System - Dow Jones Industrial Average
Life Inc.: Celebrating Buffett's b-day with his wisdom
Mon, 30 Aug 2010 17:22:55 GMT
Warren Buffett - Berkshire Hathaway - Pro-Life - Abortion - Organizations
Consumer spending edged higher in July
Mon, 30 Aug 2010 14:32:35 GMT
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
Home - Consumer Information - Advocacy and Protection - United States - Shrubs
Intel warns 3Q results will miss expectations
Fri, 27 Aug 2010 15:21:14 GMT
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper on the back-to-school shopping season.
Intel Corporation - Intel - Business - Personal computer - Sports
Key gauge says that stocks are dirt cheap now
Sun, 29 Aug 2010 19:49:01 GMT
With the market down three weeks in a row, investors are understandably grim. But there is a silver lining.
Silver - Business - Investing - Precious metal - United States
Investors brace for dreaded 'September effect'
Tue, 31 Aug 2010 20:35:22 GMT
The economy is weakening, home sales are plunging and stocks are on a long slide. Now comes something even scarier for investors.
Business - Stock trader - Investing - Stocks and Bonds - Equities
CEOs lay off thousands, rake in millions
Wed, 1 Sep 2010 20:00:53 GMT
CEOs of the 50 firms that have laid off the most workers since the onset of the economic crisis in 2008 took home 42 percent more pay in 2009 than their peers, a new report finds.
Chief executive officer - Financial crisis - Layoff - United States - Law
