Vermont economy hits bottom; governor says ‘a couple of tough years’ still to come
Vt. economy hits bottom; revenue forecast up a bit Vermont’s Emergency Board to get update about state finances from economists
Vt. Emergency Board to get state revenue forecast WVU economic forecast calls for West Virginia employment to begin growing again in 2010
WVU forecast calls for employment rebound in 2010 Forecasters predict ’slow and weak recovery’ in 6 New England states
Forecast: New England economy slow to rebound FedEx sees slight boost in shipments on its busiest day, forecasts 13 million on Dec. 14
FedEx projects busier busiest day NEW YORK — FedEx is predicting a little more holiday cheer this year. Bank tests find all but GMAC raised enough capital, but economic forecasts prove unrealistic
Economic forecasts in bank tests miss their mark Stocks carve small gains as job losses slow even as unemployment hits 10.2 percent
Stocks post modest gains as job losses slow Stocks trade mixed as dollar slides, investors find positives in unemployment rate at 10.2 pct
Stocks zigzag as dollar slides on jobs report Stocks trade mixed as investors find positives for the market in 10.2 percent unemployment
Stocks zigzag as traders digest jobs report Stocks jump as better jobs data, upbeat forecast from Cisco boost hopes for economic rebound
Stocks surge on jobs data, Cisco forecast NEW YORK — A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government report on jobs. World markets edge higher ahead of Fed statement; positive earnings lift European sentiment
World markets edge higher ahead of Fed statement Asian markets rise amid stronger commodity prices, China growth upgrade; HK up nearly 2 pct
Asia stocks rise as China growth forecast upgraded Forecast: EU and eurozone economies to grow 0.7 pct in 2010 in better-than-expected rebound
EU lifts 2010 growth forecast BRUSSELS — The European Commission on Tuesday predicted that the EU and eurozone will grow in 2010 at a modest rate of 0.7 percent as the economy moves from a sharp recession to a hesitant and fragile recovery. Asian stocks slide on gloomy US economic outlook, overnight Wall Street declines
Asian stocks slide on gloomy US news BEIJING — Asian stock markets fell for a third day Thursday after signs of weakness in the U.S. housing market added to fears about the health of the global economic recovery. European shares were mixed. Neb. lawmakers, governor to cut $335M from budget during next month’s special session
Neb. targets $335M for cuts in 2-year state budget Tepid forecasts from railroads worry investors; Drop in oil hits energy stocksNEW YORK — Investors dumped stocks and locked in profits Friday after the glow of a week full of strong earnings reports faded. September home sales up 9.4 percent, beating expectations as tax credit spurs salesWASHINGTON — Racing to complete their purchases before a tax credit for first-time owners expires, homebuyers pushed sales up last month by the largest amount in more than 26 years. Wyoming financial group cuts revenue forecast $382 million for upcoming 2-year budget cycleCHEYENNE, Wyo. — A panel of state financial experts again has trimmed its estimate of revenues the state of Wyoming will receive in the two-year budget cycle that starts next July — this time by more than $380 million. Lower jobless claims, muted inflation add to hopes for gradual economic recoveryWASHINGTON — New jobless claims dropped to the lowest level since January and the prices of many household goods stayed low last month, positive signs of stability for the fledgling economic recovery. New jobless claims drop unexpectedly to 514,000; inflation remains mutedWASHINGTON — New jobless claims dropped to the lowest level since January and the prices of many household goods stayed low last month, positive signs of stability for the fledgling economic recovery. New jobless claims drop unexpectedly to 514,000, continuing claims fall below 6 million
Despite high unemployment, consumers show signs of life as prices expected to stay lowWASHINGTON — Consumers may be slowly regaining their appetite to shop, as the prices they encounter in stores remain low. Mortgage Bankers Assn. sees foreclosures, unemployment peaking in 2010, home sales up 11 pctSAN DIEGO — Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association’s chief economist said Tuesday. Citing economic rebound, OPEC projects 2010 oil demand to grow by almost 1 percentCAIRO — A rebounding global economy spurred on mainly by China and other developing nations is expected to boost world oil demand by slightly under 1 percent next year, OPEC said Tuesday while cautioning that the pace of recovery remains far from certain. Russian President Medvedev says economy hit harder than expected by crisisMOSCOW — Russian President Dmitry Medvedev said Sunday that Russia’s economy was hit harder than expected by the global financial crisis, but Kremlin measures helped the country avoid the worst-case scenario. IEA raises 2010 oil demand forecast amid signs of global economic recoveryPARIS — Faster economic growth next year, particularly in the developing world, will drive oil demand higher than previously expected, the International Energy Agency said Friday. Retail group downcast about holidays, and Sept.. may have brought sector its 13th monthly dropNEW YORK — After parents cut back on clothes and accessories for children this past fall, the retail industry suspects they won’t be any more generous by the holidays. International Monetary Fund says tight credit for consumers, businesses to hinder US recoveryISTANBUL, Turkey — The U.S economy will be growing again by year end, but tight credit conditions for consumers and businesses will hamper the recovery, the International Monetary Fund said Thursday as it raised its forecast for growth next year to 1.5 percent from 0.8 percent. European, Asian stock markets mostly down on weak data, despite IMF growth forecast upgradeLONDON — World stocks were mostly lower and Wall Street was expected to slide on the open Thursday as weak economic data overshadowed higher growth forecasts from the International Monetary Fund. Business confidence in Japan up for second quarter, though weakness persistsTOKYO — Japanese companies are feeling more confident about business for the second straight quarter. They just don’t want to build new factories or hire more workers yet. |
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514K new jobless claims, 5th drop in 6 weeks
