Great Recession’s labor legacy: shorter workweeks, grayer work force and less job securityGoing to work may never be the same again. Fed slows $1.45 trillion mortgage program; says economic activity ‘picked up’WASHINGTON — With the economy on the mend, the Federal Reserve on Wednesday said it is slowing the pace of a program to lower mortgage rates and prop up the housing market. House votes to give jobless Americans in 27 states another 13 weeks of benefitsWASHINGTON — With no end in sight to the country’s job market woes, the House has agreed to give the jobless in a majority of states another 13 weeks of unemployment insurance benefits. To foster recovery, Fed likely to leave rates at record-low, economic supports in placeWASHINGTON — Nurturing a nascent recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low and probably will keep other economic supports in place. Obama tells UN summit: Clean-planet polices can’t be sacrificed on alter of economic growthUNITED NATIONS — President Barack Obama says the United States was slow to recognize the magnitude of climate change, but that Washington is moving swiftly to catch up. Recession’s impact: Census data show longer commutes, delayed marriage, fewer immigrantsWASHINGTON — A broad survey of Americans has provided striking measures of the recession’s effect on life at home and at work: People are now stuck in traffic longer, less apt to move away and more inclined to put off marriage and buying a house. Meltdown 101: What are leading economic indicators, and what do they say about the economy?The Conference Board’s leading economic indicators are offering positive signs about the economy’s future. They’ve risen for five months straight — a sign not only that the recession has likely ended, but also that we’ll probably see growth continue into next year. Mexican ex-president Fox says US should spend part of GDP to narrow wage gap between 2 nationsALBUQUERQUE — Former Mexican President Vicente Fox says the United States should spend 2 percent of its gross domestic product to narrow the wage gap between Mexico and America. Private research group’s forecast of economic activity rises in August for 5th straight monthNEW YORK — A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. AP Interview: UN climate chief says China poised to take leadUNITED NATIONS — As the United States lags on climate legislation, China is poised to join the European Union in claiming “front-runner” status among nations battling climate change, the U.N. climate chief said Monday. Blair touts 10 million jobs, benefits of long-term investment in grappling with climate changeUNITED NATIONS — Former British Prime Minister Tony Blair says he hopes to break the “deadlock” in global climate talks with evidence that 10 million jobs could be created by 2020, if developing nations agree to big cuts in greenhouse gases. A return from ‘fairyland’: Meltdown shakes up consumers’ money views, investing habitsCHICAGO — The stock market bounced back, just as it has for nearly three decades. It just doesn’t feel that way. Obama not ready to say recession is over, says jobs picture could worsen in coming monthsWASHINGTON — President Barack Obama isn’t ready to close the book on the recession. Modest long-term economic costs projected in climate bill compared to overall growthWASHINGTON — The long-term economic costs of a climate bill being considered in Congress would be “comparatively modest” in light of expected overall economic growth over the next 40 years, according to a congressional report released Friday. Stocks shift back to rally mode as analysts make upbeat calls; Dow gains 215 for the weekNEW YORK — The stock market shifted back into rally mode Friday after analyst upgrades boosted investor optimism about the economy. Stocks climb in bouncy trading as traders look for signs about direction of economyNEW YORK — Investors popped the stock market’s rally back in gear Friday after analyst upgrades boosted optimism about the economy. Meltdown 101: Is American consumer spending really the economic engine we think it is?There’s power in our pocketbooks. But how much? Stocks climb in volatile trading as traders look for signs about whether rally can continueNEW YORK — Stocks climbed Friday as investors looked to extend a strong run that has left major indexes up 2 percent for the week. Spending cuts, political fallout loom in Britain as government borrowing hits record in AugustLONDON — The recession’s toll on British government finances was highlighted Friday by official figures showing the government borrowed a record 16.1 billion pounds ($26.3 billion) in August, just days after Prime Minister Gordon Brown conceded that whoever wins the next election will have to take an axe to spending. Manufacturers lead early stages of recovery, outlook brightens for consumers as inflation muteWASHINGTON — Signaling that manufacturers are leading the economy into a recovery, output from the nation’s factories, mines and utilities posted widespread gains in August. Investor Warren Buffett says economy has yet to improve but it’s no longer getting worseOMAHA, Neb. — Billionaire investor Warren Buffett says the economy appears to have leveled off at the bottom of the recession over the summer, but Berkshire Hathaway’s CEO still isn’t seeing much improvement. US industrial production better-than-expected in Aug., prices up a bit but inflation in checkWASHINGTON — U.S. factories made more cars, clothing and other goods than expected in August, and inflation remained in check in the early stages of a broad economic recovery. Stocks open higher on growth in industrial production, upbeat comments from BernankeNEW YORK — Stocks are higher in early trading as investors build further momentum amid fresh signs the global economy is recovering. Russia is emerging from recession, but govt says recovery may take until 2012MOSCOW — Russia is emerging from recession but its economy is unlikely to fully recover before 2012, a top minister told parliament on Wednesday. Current account trade deficit shrinks to smallest level in relation to the economy in 18 yearsWASHINGTON — The deficit in the broadest measure of foreign trade shrank in the spring to the lowest level in relation to the total economy in 10 years, another dramatic sign of how much the recession had reduced America’s appetite for foreign goods. Russia emerging from recession, but recovery may take until 2012, says Deputy Prime MinisterMOSCOW — Russia is emerging from recession but its economy is unlikely to fully recover before 2012, Deputy Prime Minister Igor Shuvalov said Wednesday. British unemployment rate at near 13-year high of 7.9 pct despite signs of easing recessionLONDON — Unemployment in Britain hit a near 13-year high in July despite signs that the deepest recession since World War II is coming to an end, official figures showed Wednesday. World stock markets power ahead on optimism that US is emerging from recessionLONDON — World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic figures. In policy reversal, Britain’s Brown calls for spending cuts to reduce public debtLONDON — British Prime Minister Gordon Brown acknowledged for the first time Tuesday that hard economic times will mean substantial cuts to government spending on the country’s already strained public services. Bernanke says recession ‘very likely over,’ confident Congress will pass new financial rulesWASHINGTON — Federal Reserve Chairman Ben Bernanke said Tuesday the worst recession since the 1930s is probably over, although he cautioned that pain — especially for the nearly 15 million unemployed Americans — will persist. |
Topics
Poll Loading ...Latest TweetsEconomic Growth
Latest Friend FeedsEconomic Growth
|
