NewsRack: 'Recession' news in 'US Economy' topic for user newstrust

Census: Big cities exceed pace of growth over suburbs for second year as outlying areas fizzle	23.5.2013	Star Tribune: Nation

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Urban renewal? Big US cities showing strong growth	23.5.2013	AP Top News
WASHINGTON (AP) -- Urban renewal? New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year....
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Median CEO pay rises to $9.7 million in 2012	23.5.2013	San Jose Mercury News: Business
eBay's Donahoe is the only Silicon Valley CEO to crack the top 10 best-paid list for 2012.
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Markets rally as Ben Bernanke backs further quantitative easing	23.5.2013	The Guardian -- World Latest
Federal Reserve chief makes clear he has no intention of cutting short $85bn-a-month stimulus programme in near future Global markets continued their rally on Wednesday as Ben Bernanke, chairman of the US Federal Reserve, made clear he had no intention of cutting short his $85bn-a-month (£56bn) quantitative easing programme in the near future. The US economy was improving, but "headwinds" including government budget cuts were dragging on the recovery, Bernanke told the US Congress. He denied his stimulus programme was causing a new bubble similar to the one experienced by the housing market ahead of the recession. The Dow Jones industrial average was up nearly 90 points at 15,474 by mid-afternoon, while the FTSE 100 added 36.40 points to 6840.27, coming within 90 points of its all-time high achieved on 30 December 1999, at the peak of the dotcom boom. In Europe, Germany's Dax rose 0.69% to a new high, while France's CAC climbed 0.37%. Bernanke warned Washington's deep spending ...
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Scandals Having Seemingly No Impact On Public Opinion Of President Obama	22.5.2013	Outside the Beltway
So far, three weeks of bad news hasn't really had much of an impact on the public's view of how President Obama is handling his job.
Fed chairman Ben Bernanke: stimulus programme not creating 'bubbles'	22.5.2013	The Guardian -- World Latest
Stock markets rise after Federal Reserve head tells Congress quantitive easing to continue and criticises government cuts The chairman of the Federal Reserve, Ben Bernanke, denied on Wednesday that his $85bn-a-month stimulus programme was creating new financial bubbles, as he updated Congress on his views on the US economic recovery. The Fed's quantitative easing programme has driven US stock markets to record highs, even as the wider economy continues to suffer from high levels of unemployment. Questioned about whether the stimulus programme was creating bubbles similar to the one experienced by the housing market before the recession, Bernanke said "major asset classes, including the stock markets, were "not inconsistent with the fundamentals". US stock markets continued to rally on Wednesday as Bernanke made clear that he has no intention of cutting short the quantitative easing programme in the near future. The US economy is improving but "headwinds", including government budget cuts, ...
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Economic recovery in NH steady but slow progress	22.5.2013	Boston Globe: New Hampshire
Economic recovery in NH steady but slow progress
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Manufacturing Can Help Save the Economy, If We Fix These 6 Gaps (Cached)	22.5.2013	Inc
Yes, manufacturing can be an engine of growth again. But it will only happen if we address these critical issues. It seems hard to believe with people still struggling to find work, but there are 600,000 jobs in U.S. manufacturing that aren’t being filled because employers say they can’t find applicants with adequate skills, according to a recent survey. At a recent event at the Aspen Institute in Washington, Deloitte’s Craig Giffi attributed that disconnect to several gaps in manufacturing. People in business, academia and all the way to the Oval Office believe that advanced manufacturing is poised to deliver substantial job growth if we can bridge some of these gaps: The education gap. In a 2009 study of high school graduates around the world, the U.S. ranked 31 in math, 23 in science and 17 in reading. China, by the way, ranked first in all three. The modern factory, even a small or mid-sized one like mine, increasingly relies on sophisticated technology. We desperately ...
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New England economy seen improving, but unevenly	22.5.2013	Boston Globe: Latest
New England economy seen improving, but unevenly
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Median CEO pay rises to $9.7M in 2012	22.5.2013	Minnesota Public Radio: Business
CEO pay, which fell two years straight during the Great Recession but rose 24 percent in 2010 and 6 percent in 2011, has never been higher. But the numbers don't tell the whole story.
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Median CEO pay rises to $9.7 million in 2012	22.5.2013	Twincities.com: Nation
CEO pay has been going one direction for the past three years: up. The head of a typical large public company made $9.
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Bank of England remains divided on stimulus	22.5.2013	Boston Globe: Latest
Bank of England remains divided on stimulus
Bernanke testimony to be studied for policy clues	22.5.2013	Twincities.com: Nation
WASHINGTON—When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues
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Bernanke's congressional testimony to be studied for any hints of shift on Fed bond purchases	22.5.2013	Star Tribune: Business

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Economic Scene: Despite Keynesians’ Victory, Economic Policy Holds	22.5.2013	NY Times: Business
Economic Scene: Despite Keynesians’ Victory, Economic Policy Holds
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Forecast sees New England economy growing modestly	22.5.2013	Boston Globe: Vermont
Forecast sees New England economy growing modestly
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Economics Daily Digest: Fixing the economy first, but not yet	21.5.2013	NewsTrust Yahoo Pipes Feed
Click here to receive the Daily Digest via e-mail. What's the best way to pass a climate bill? Fix the economy first. ( WaPo ) According to Brad Plumer, if we’re serious about climate change, we need to solve the jobs crisis first: There’s a connection between a senator’s “green score” from the League of Conservation Voters and the unemployment rate in his or her state. As rich gain optimism, lawmakers lose economic urgency ( WaPo ) Jim Tankersley reminds us that while the economy and jobs remain a top priority for most Americans, the House has only approved three bills that could be considered economic policy this year—and one of those was the 37th attempt to repeal the Affordable Care Act. Camping Out for Five Days, in Hopes of a Union Job ( NYT ) Most jobs created since the recession are low-wage, but Jessica Glazer’s story about more than 800 people camping out to apply for the training program at Local 3 of the International Brotherhood of Electrical Workers shows how far ...
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Pension reform: Proposal to cut pensions could hurt California even more than housing crash	21.5.2013	San Jose Mercury News: Opinion
Dave Low, chairman of Californians for Retirement Security, argues that public pension funds CalPERS and CalSTRS have the funds to pay their obligations for decades to come. Cutting pensions is a short-sighted move that will ultimately mean greater hardship for the state.
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Washington police arrest 17 in Occupy Justice foreclosure protests. Actions continue today	21.5.2013	NewsTrust Yahoo Pipes Feed
Five years after Wall Street crashed the economy, not one banker has been prosecuted for the reckless and fraudulent practices that cost millions of Americans their jobs, threw our cities and schools into crisis, and left families and communities ravaged by a foreclosure crisis and epidemic of underwater mortgages. ...
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Does France have right plan to revive its economy?	21.5.2013	Boston Globe: Technology
Does France have right plan to revive its economy?
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