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'Non-farm payrolls': what the economists say
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3.10.2008 |
The Guardian -- World Latest |
| Reaction to the latest figures from the US |
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Also found in: [+]
[newstrust :: Jobs]
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Employers cut jobs by most in more than 5 years
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3.10.2008 |
LA Times: Top News |
Employers slashed payrolls by 159,000 in September, the most in more than five years, a worrisome sign that the economy is hurtling toward a deep recession. |
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Also found in: [+]
[demo :: Housing]
[newstrust :: Housing]
[newstrust :: Jobs]
[newstrust :: Financial Markets]
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The Credit Squeeze Scare
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3.10.2008 |
Truthout.com |
| The Federal Reserve Board chairman described the credit squeeze as being "as
severe as any supply-induced constraint ever, other than from policy actions."
That statement should help to prompt Congress into quick passage of the bank
bailout bill, except this quote is from February of 1991, and the chairman at
the time was Alan Greenspan. (1)
The economy is in a recession and banks always tighten up on credit in a recession. read more  |
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Also found in: [+]
[newstrust :: Housing]
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France is in recession, minister says - Summary
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3.10.2008 |
Earth Times |
| Paris - France has slid into technical recession because it has gone through two consecutive quarters of negative growth, Budget Minister Eric Woerth said Friday. Woerth's comments confirmed a forecast issued earlier Friday by the government's stat... |
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Ratings downgrade no cause of alarm in Baltics
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3.10.2008 |
Earth Times |
| Riga - The long-term prospects for the economies of the three Baltic states were called into question Friday when London-based ratings agency Fitch downgraded its opinions on Estonia, Latvia and Lithuania. Fitch revised downward its foreign and local... |
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U.S. Employers Shed 159,000 Jobs in September
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3.10.2008 |
Washington Post |
| Job loss, the most in more than five years, is another sign that economy is hurtling toward a recession.
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Also found in: [+]
[demo :: Housing]
[newstrust :: Housing]
[newstrust :: Jobs]
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U.S. employers cut 159,000 jobs, most in over 5 years
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3.10.2008 |
International Herald Tribune: Front Page |
| The Labor Department says employers slashed payrolls by 159,000 in September, the most in more than five years. It was a worrisome sign that the economy is hurtling toward a deep recession. |
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Also found in: [+]
[newstrust :: Globalize Economy]
[demo :: Housing]
[newstrust :: Housing]
[newstrust :: Jobs]
[newstrust :: Financial Markets]
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Stay Calm, Everyone. We’ll Get Through This.
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3.10.2008 |
NewsTrust Yahoo Pipes Feed |
| The Financial Situation Simmers
The ground is shifting in the acute financial crisis that started around Labor Day, and erupted like a boil into public consciousness about three weeks ago.
While Congress continues its indecision over whether to respond with forceful measures, the crisis has begun to have a powerful impact on the Main Street economy. None other than Warren Buffett (who’s been around for a lot of years and has seen a lot of things) is calling it an “economic Pearl Harbor.”
The stock markets, which appear to be the main barometer that Congress takes its cues from, have been gyrating wildly all week. And the windup of Wall Street has been put on hold by the SEC’s short-selling ban.
But the credit and money markets, where ... |
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Also found in: [+]
[newstrust :: McCain Candidacy]
[newstrust :: Housing]
[newstrust :: Jobs]
[newstrust :: Financial Markets]
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Employers cut 159,000 jobs, most in more than 5 years; jobless rate holds steady
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3.10.2008 |
Star Tribune: Business |
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Also found in: [+]
[demo :: Housing]
[demo :: Housing]
[newstrust :: Housing]
[newstrust :: Jobs]
[newstrust :: Financial Markets]
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France to go into recession this year, government warns
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3.10.2008 |
Earth Times |
| Paris - After shrinking by 0.3 per cent in the second quarter of this year, France's economy will continue to contract for the next two quarters, plunging the country into a recession, the government's statistical office Insee said on Friday. Accordi... |
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As economy weakens, U.S. Federal Reserve officials consider lowering rates
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3.10.2008 |
International Herald Tribune: Business |
| Fed officials have been deluged with data suggesting that the underlying economy has slowed more than they had been expecting. |
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Also found in: [+]
[newstrust :: Globalize Economy]
[newstrust :: global finance]
[demo :: Housing]
[newstrust :: Jobs]
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Pinched and Watching Pennies
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3.10.2008 |
Washington Post |
| For years, when times got tough, the nation could count on consumers to keep spending. No longer.
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Also found in: [+]
[newstrust :: Jobs]
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As Economy Weakens, Federal Reserve Officials Consider Lowering Rates
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3.10.2008 |
NY Times: Business |
Fed officials have been deluged with data suggesting that the underlying economy has slowed more than they had been expecting.
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Also found in: [+]
[demo :: Housing]
[newstrust :: Jobs]
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Editorial: Go ahead and vent; then stand and lead
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3.10.2008 |
Star Tribune: Editorials |
| Minnesota's U.S. representatives should pass rescue plan. |
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Also found in: [+]
[newstrust :: Globalize Economy]
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Markets Drop on Economic Data
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3.10.2008 |
Washington Post |
| Dow falls 350 points as uptick in unemployment, poor factory report offset progress on rescue plan.
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Also found in: [+]
[demo :: Housing]
[newstrust :: Unemployment]
[newstrust :: Jobs]
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McCain Pulls Out of Michigan
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3.10.2008 |
Washington Post |
| The Fix | Pulling effort in central battleground is latest in series of negative developments for ticket.
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Also found in: [+]
[newstrust :: Green Power]
[newstrust :: Businesses]
[irge304 :: Green Power]
[demo :: Housing]
[newstrust :: McCain Candidacy]
[newstrust :: Jobs]
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Rep. Edwards Defends Vote For Bailout, But Admits It’s ‘Not Necessarily The Best Proposal’
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3.10.2008 |
Think Progres |
| In an interview with ThinkProgress today, Rep. Chet Edwards (D-TX) discussed why he is supporting the financial bailout package. Last Monday, he was one of the 205 House members to vote for the bailout legislation. Edwards said he’s “disgusted” that Congress now has to deal with the fallout of deregulation, but noting the “potential for [...] |
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Also found in: [+]
[newstrust :: Edwards Candidacy]
[newstrust :: McCain Candidacy]
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Stocks decline on fears rescue won't avert recession
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3.10.2008 |
Star Tribune: Business |
| The Dow industrials were down nearly 300 points as investors appeared to be settling in for a prolonged economic winter. |
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Also found in: [+]
[newstrust :: Globalize Economy]
[newstrust :: global finance]
[demo :: Housing]
[demo :: Housing]
[newstrust :: Jobs]
[newstrust :: Financial Markets]
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What comes after the bailout?
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2.10.2008 |
LA Times: Opinion |
J.D. Foster says the $700-billion rescue plan should help, along with eased accounting rules and higher deposit insurance limits. Robert Kuttner calls the Treasury plan a temporary fix and urges the government to invest more in Main Street.
Today's question: What should Washington do if the current efforts to alleviate the credit crisis don't work? Previously, Foster and Kuttner debated the effect of presidential politics on economic policy, Obama's and McCain's economic plans and the state of the U.S. financial system. |
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Also found in: [+]
[newstrust :: Green Power]
[newstrust :: Businesses]
[irge304 :: Green Power]
[demo :: Housing]
[newstrust :: Housing]
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Alternative investments face hard times
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2.10.2008 |
International Herald Tribune: Business |
| In the global deleveraging ahead, hedge funds and private equities may do even worse than normal stocks and bonds. |
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Also found in: [+]
[newstrust :: Globalize Economy]
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