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User: newstrust Topic: US Economy
Category: Recession
Last updated: May 22 2013 04:36 IST RSS 2.0
 
38,938 to 38,957 of 42,479    
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As economy slows, is any area really `recession-proof'? 29.4.2008 AP Business
RALEIGH, N.C. (AP) -- The catering business isn't what economists would call "recession-proof." Luckily for J.W. Walton, most of his biggest clients are....
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Market near flat as M&A, economy weighed 29.4.2008 Earth Times
NEW YORK (Reuters) - Stocks ended little changed on Monday after the biggest U.S. takeover deal proposed this year helped offset the comments by influential investor Warren Buffett, one of the deal's backers, that the country could face a long and deep recession.
U.S. 1st quarter growth seen weakest since 2002 29.4.2008 Earth Times
WASHINGTON (Reuters) - The U.S. economy braked sharply in the first quarter, growing at its slowest pace in over five years as consumers curbed spending and jobs disappeared, a Reuters poll forecast.
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IRS starts sending out first 800,000 tax rebates on Monday, earlier than expected 28.4.2008 Star Tribune: Latest
Thoughts on Demand Destruction: Where Is It? 28.4.2008 The Oil Drum
Where's the Demand Destruction? Oil is close to $120/barrel, so where’s the demand destruction? The latest EIA figures actually show a 0.57% increase in US gasoline demand year on year over the last week. The week prior also showed an increase in gasoline demand, but the 4-week average still shows a 0.5% decrease because of lower demand in 2008 for the weeks ending 4/4/08 and 3/21/08. Regardless of which statistic one chooses, this is hardly a convincing case for demand destruction. Admittedly, historical demand growth has been near 1.5%, and the per capita gasoline use is slightly lower since the US . At best, this is not significant "demand destruction." Take a look for yourselves: here are the EIA’s full historical tables for gasoline demand, ...
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Buffett says recession may be worse than feared 28.4.2008 Earth Times
NEW YORK (Reuters) - Warren Buffett, the world's richest person, said on Monday the U.S. economy is in a recession that will be more severe than most people expect.
DrumBeat: April 28, 2008 28.4.2008 The Oil Drum
Given that the United States and China are the world's two biggest users of petroleum -- a fuel whose worldwide availability is likely to peak at 100 million barrels or so per day in the next five years or so and then commence an irreversible decline -- it makes great sense for us to collaborate in the development of oil alternatives and energy-saving technologies. Such collaboration could take the form of joint ventures to develop advanced biofuels (not derived from food crops) and transportation fuels extracted from coal (without releasing heat-trapping carbon dioxide into the atmosphere). It could also include the development of super-light vehicles, advanced hybrid engines and other energy-saving systems. Such endeavors have been discussed ...
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Are You in a Recession? 28.4.2008 Esquire
Are You in a Recession?The economy is suffering. But are you? A quiz to determine how hard you’ve been hit.
Fed poised to cut rates; may take a break after that 28.4.2008 SFGate: Business & Technology
Battling risky economic crosscurrents, the Federal Reserve is ready to bump down a key interest rate again to brace the wobbly economy. That rate cut could turn out to be the last one for a while as zooming energy and food prices heighten inflation ...
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Fed poised to cut rates, may take a breather after that as it battles economic crosscurrents 28.4.2008 Star Tribune: Business
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History Hints a Recession Would Hit City Hard 28.4.2008 NY Times: Business
Business-tax revenues and the number of building permits are dropping while unemployment and office space availability are creeping up. All are troubling signs for the city.
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The Myths and Harsh Effects of Bush's Economic Class War 28.4.2008 AlterNet
The recession of 2001 never ended -- at least not for ordinary Americans.
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AP: States Having Budget Problems, Therefore They're In Recession 27.4.2008 NewsBusters
Many in the press seem to have difficulty distinguishing between the economy as a whole and individual governments' fiscal situations. Because of that, they seem to be believe that if a state government is having difficulty balancing its budget, there must be a recession in the whole state's economy. That's what you would think if you read Andrew Welsh-Huggins's on Friday morning: Many states appear to be in recession The finances of many states have deteriorated so badly that they appear to be in a recession, regardless of whether that's true for the nation as a whole, a survey of all 50 state fiscal directors concludes. The situation looks even worse for the fiscal year that begins July 1 in most states. "Whether or not the ...
AP: States Having Budget Problems, Therefore They're In Recession 27.4.2008 NewsBusters
Many in the press seem to have difficulty distinguishing between the economy as a whole and individual governments' fiscal situations. Because of that, they seem to be believe that if a state government is having difficulty balancing its budget, there must be a recession in the whole state's economy. That's what you would think if you read Andrew Welsh-Huggins's on Friday morning: Many states appear to be in recession The finances of many states have deteriorated so badly that they appear to be in a recession, regardless of whether that's true for the nation as a whole, a survey of all 50 state fiscal directors concludes. The situation looks even worse for the fiscal year that begins July 1 in most states. "Whether or not the ...
Sunday Talk - "The Fundamentals are Strong" 27.4.2008 NewsTrust Yahoo Pipes Feed


John McSame flip-flopped again this week when talking about
the economy. Oh, and he's a little unclear if you are in a recession or not.

Full Lineup and other goodies below....
Fundamentally: A Market That Dashes Assumptions 26.4.2008 NY Times: Business
A growing school of thought says that stock markets are acting rationally.
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No economic slowdown on Internet 26.4.2008 San Jose Mercury News: Business
WASHINGTON - Internet commerce continues its robust growth, defying a sluggish economy that's teetering on recession, Google's chief economist and several analysts said Friday.
Widgets: The Marketer’s Recession Survival Tool 26.4.2008 NewsTrust Yahoo Pipes Feed
This guest post about the widget economy was written by Michael Jones, an angel investor, the CEO of Userplane and a Senior Vice President of AOL. Userplane, which was acquired by AOL in August 2006, is a communications widget provider (add chat and other services to sites) and a large advertising network. Mike Jones’ personal blog [...]
Inflation mentality on the Fed's mind 26.4.2008 LA Times: Business
The stories this week about people hoarding rice at some big-box U.S. retailers had to send at least a slight chill up the spines of Federal Reserve ...
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Rate uncertainty hangs over U.S. stocks 26.4.2008 Earth Times
NEW YORK (Reuters) - The stock market will likely start the week on a hesitant note with Wall Street facing the first Federal Reserve interest-rate decision in many months not knowing that a cut is virtually guaranteed.
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