Business / Tags / Economy

+7
Interesting
100% Credible

General Electric warns on profits for 2008

BUSINESS / NEWS Fri Apr 11, 2008 @ 8:16am neoform
MSNBC -- General Electric Co. reported a smaller-than-expected first-quarter profit Friday and lowered its outlook for fiscal 2008, as a slowing U.S. economy sapped its financial services business. GE, which also makes jet engines, railroad locomotives, water t.. Read More
+6
Interesting
100% Credible

Global stocks battered

BUSINESS / NEWS Mon Jan 28, 2008 @ 8:16am neoform
MSNBC -- Persistent fears about the world economy battered global stocks again Monday and drove investors toward safer assets despite expectations of more interest cuts from the Federal Reserve to bolster growth. Investors around the world have been jittery for.. Read More
+6
Interesting
100% Credible

What Could Repel a Recession

BUSINESS / NEWS Mon Jan 21, 2008 @ 8:14am neoform
BusinessWeek -- Government spending on education and health—two growth areas—might be enough to buoy the economy A consumer crunch now seems inevitable. The housing market is in free fall, and home-equity loans, which many people used as piggy banks, are becoming.. Read More
+6
Interesting
100% Credible

Economists: Recession odds rising

BUSINESS / NEWS Thu Jan 3, 2008 @ 8:25am neoform
MSNBC -- After six years of uninterrupted growth, the outlook for the U.S. economy in 2008 has darkened considerably in just the past month. While many economists say it’s too soon to know whether a recession is coming, forecasters say the latest economic figure.. Read More
+8
Important
100% Credible

U.S. Treasury's Paulson says economy healthy

BUSINESS / NEWS Sat Nov 17, 2007 @ 10:31am neoform
Reuters -- U.S. Treasury Secretary Henry Paulson said on Friday Washington was following a strong dollar policy and indicated he expected it to rebound, emphasizing the U.S. economy's long-term strength should help the currency. But Paulson warned in a radio inte.. Read More
+7
Important
50% Credible

Global stocks see sharp declines

BUSINESS / NEWS Mon Oct 22, 2007 @ 8:19am neoform
BBC News -- European shares have fallen sharply in morning trading, mirroring earlier falls in East Asia as worries about the US economy continue. The UK's FTSE 100 index was down 1.4% to 6,435 just after noon in London, while Germany's Dax had lost 1.4%, and Fran.. Read More
+6
Insightful
100% Credible

The buying binge is over

BUSINESS / OPINION Wed Oct 17, 2007 @ 9:49am neoform
CNN -- Here I go. I am about to walk into one of the biggest sucker's games in the whole world of economics: declaring that the U.S. consumer is tapped out, so desperately in hock and troubled about the future that he finally just can't spend like it's 1999 anym.. Read More
+6
Insightful
100% Credible

The Real Cost Of Offshoring

BUSINESS / OPINION Sun Jun 10, 2007 @ 1:04am neoform
BusinessWeek -- U.S. data show that moving jobs overseas hasn't hurt the economy. Here's why those stats are wrong. Whenever critics of globalization complain about the loss of American jobs to low-cost countries such as China and India, supporters point to the powerf.. Read More
+10
Interesting
70% Credible

Commutes will slow, but truckers can use alternative routes

BUSINESS / NEWS Mon Apr 30, 2007 @ 8:17am neoform
SF Gate -- With freeway interchanges reduced to rubble at a crucial nexus near the Bay Bridge, what kind of hit will the Bay Area economy take? Remarkably little, according to economic experts. "It's going to be miserable for commuters, but in terms of potenti.. Read More
+12
Important
90% Credible

Unemployment Rate Drops to 4.4 Percent

BUSINESS / NEWS Fri Apr 6, 2007 @ 12:47pm neoform
Washington Post -- Unemployment fell in March to 4.4 percent as a rebound in construction hiring helped the economy add 180,000 jobs over the month, a better showing than expected, the government reported today. Hiring in the education, health care and retail sectors was.. Read More
+9
Important
95% Credible

Greenspan Rattles Market With R-Word

BUSINESS / NEWS Fri Mar 9, 2007 @ 12:53pm mrmdc
SF Gate -- During the 18 1/2 years Alan Greenspan was chairman of the Federal Reserve, he scrupulously avoided forecasting recessions. Now it seems he can't stop using the R-word, and that has created headaches for his successor, Ben Bernanke. Greenspan delivered.. Read More
+16
Important
100% Credible

Stocks Post Worst Week in Over 4 Years

BUSINESS / NEWS Fri Mar 2, 2007 @ 6:40pm neoform
ABC News -- Mar 2, 2007 (AP)— Stocks stumbled in the final session of a tumultuous week Friday as the yen rallied against the dollar and concerns about the U.S. economy still dogged investors after Tuesday's huge drop. The Dow Jones industrials logged their worst.. Read More
+10
Important
80% Credible

Cracks widen in U.S. economy

BUSINESS / NEWS Mon Dec 4, 2006 @ 6:01pm neoform
Washington Times -- Economic weakness spread beyond the stricken housing and auto sectors last month, with reports showing U.S. manufacturing shrank for the first time in 31/2 years and construction dropped the most since the September 11, 2001, terrorist attacks... Read More
+10
Under Rated
100% Credible

China reaching $1 trillion in global clout

BUSINESS / NEWS Tue Nov 7, 2006 @ 3:49pm mrmdc
Christian Science Monitor -- For China, it's a record buildup of foreign capital. For the rest of the world, it serves as a reminder: To an increasing degree, bureaucrats in Beijing aren't just guiding their own economy, but the world's as well... Read More
+2
Under Rated

Revolt of the fairly rich

BUSINESS / NEWS Thu Oct 26, 2006 @ 8:23am neoform
CNN -- Not long ago an investment banker worth millions told me that he wasn't in his line of work for the money. "If I was doing this for the money," he said, with no trace of irony, "I'd be at a hedge fund." What to say? Only on a small plot of real esta.. Read More
+1
Under Rated

Philanthropy Has Seen Better Days

BUSINESS / NEWS Fri Jun 13, 2008 @ 8:15am neoform
BusinessWeek -- U.S. charity has stumbled along with the economy. From food pantries on up, contributions have diminished, just when they're needed most It's called a food pantry, but a scarcity of goods is taking over the shelves. Despite the efforts of the nonprofit.. Read More
+1
Under Rated

Investing: Playing the Brazil Boom

BUSINESS / NEWS Wed Jun 11, 2008 @ 8:21am neoform
BusinessWeek -- New wealth from commodities is fueling growth and expanding the consumer economy. And that presents great opportunities for investors The Brazilian economy is barely recognizable to those who knew it more than five years ago. In those days it was plagu.. Read More
+1
Under Rated

Climate Change: Comparing the Candidates

BUSINESS / NEWS Tue Apr 22, 2008 @ 8:23am neoform
BusinessWeek -- The remaining Presidential hopefuls talk of transforming the economy to save the environment. But who would actually get the job done? Jason Grumet has a simple criterion for judging how to pick the best Presidential candidate. Grumet is the director o.. Read More
+1
Under Rated

Earnings: Will Tech Pull Through?

BUSINESS / NEWS Mon Apr 14, 2008 @ 8:15am neoform
BusinessWeek -- Technology is no longer immune to the weak economy. Still, investors hope reports from Intel, Apple, and seven other titans forecast resilience Though the technology sector is no longer the safe haven it seemed as the economy began stumbling last summe.. Read More
+1
Under Rated

Bellwether Earnings Reports

BUSINESS / NEWS Fri Apr 11, 2008 @ 8:13am neoform
BusinessWeek -- Results for January to March may deliver important clues on the state of the economy and where the market may be headed The first-quarter earnings season is kicking into high gear at an uncertain time for investors. The U.S. economy teeters close to.. Read More
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