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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: weakening economy

weakening economy stories: 31 news summaries

21 - 31 of 31 Stories | << Prev 1 2

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Fires, Spiking Gas Aside,
Calif. Tourism Still Sunny

Flocking foreigners capitalize on dollar

Jul 3, 08 4:25 PM CDT
(Newser) - Near-continuous wildfires and soaring gas prices don’t seem to have made much of a dent in California’s tourism industry, the San Jose Mercury News reports. California's AAA reports only an 0.8% drop in Fourth of July domestic tourism, and a jump in visitors from abroad more than... More »

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California • tourism • wildfires • vacation • gas prices • California wildfires • weakening economy • Big Sur

 American to Cut 7K Jobs 

Massive layoffs planned in response to rising fuel costs

Jul 3, 08 10:56 AM CDT
(Newser) - American Airlines plans to cut as many as 900 flight attendants from its ranks next month as part of nearly 7,000 expected layoffs this year, reports the Dallas Morning News. The job cuts, intended to counter rising fuel expenses, mirror an intended 8% reduction in the airline's worldwide... More »

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flight • layoffs • flight attendant • American Airlines • gas prices • job cuts • aircraft carrier • weakening economy • fuel costs • pilots

Americans Have Less in Their Shopping Carts

Downsizing on the rise, whether consumers notice it or not

Jun 30, 08 1:04 PM CDT
(Newser) - Food prices are rising, but thanks to some chicanery on product labels, many Americans may not realize it. Instead of raising prices, manufacturers are slimming cereal boxes, juice cartons, and bars of soap, and they’re doing it very quietly. If asked, they’ll say it offsets rising fuel and... More »

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US economy • label • food prices • portions • grocery stores • weakening economy • economy

$16B Deficit May Help Keep Gay Marriage Legal in Calif.

Financial boon to strapped state could cast decisive vote against Nov. ballot measure

Jun 18, 08 8:15 PM CDT
(Newser) - With a constitutional amendment on the November ballot that could dam the just-unleashed tide of same-sex marriage in the state, proponents believe California's $16 billion budget deficit could be the deciding factor for voters, Julie Bolcer writes in the Advocate. "I think this is a huge opportunity for businesses... More »

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California • gay marriage • taxes • referendum • weakening economy • economy

analysis

 US Economy Isn't
 Bouncing Back 

Fed cuts, stimulus package won't do the trick

Jun 8, 08 5:11 PM CDT
(Newser) - Forget those predictions of a US economic revival in 2008, Daniel Gross writes in Newsweek. The four horsemen of the economy—credit and housing crises, food and energy prices—are getting meaner, while booming commodities and crunching credit are curbing attempts to fight back. "As a result, the consumer-driven... More »

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Wall Street • world economy • US economy • gas prices • credit crisis • food prices • commodities • subprime crisis • weakening economy • economy

OPINION

Cheer Up! Recession Has
a Bright Side

Finally contractors come on time, and driving is easier

May 24, 08 7:28 PM CDT
(Newser) - While the specter of recession may leave you cold, consider the bright side: These days contractors, starved for work, actually show up on time, and killer gas prices help you to drive around a city like Los Angeles without facing much traffic, Meghan Daum writes in the Los Angeles ... More »

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contractors • Los Angeles • recession • gas prices • highways • weakening economy • Meghan Daum

Bush Sees Rebate Checks Offsetting 'Slowdown'

Stimulus package hits home(s) next week

Apr 25, 08 5:11 PM CDT
(Newser) - Again steering clear of the R-word, President Bush said today that the tax rebates scheduled to be distributed starting next week will "give our economy a boost to help us pull out of this economic slowdown," Bloomberg reports. More »

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taxes • IRS • US economy • Treasury Department • economic stimulus package • weakening economy • George W. Bush • check • direct deposit

 Lehman Is Selling $3B in Shares 

Firm seeks to calm fears of another Bear Stearns disaster

Mar 31, 08 7:25 PM CDT
(Newser) - Lehman Brothers is selling $3 billion in new shares to allay fears after its stock dropped 42% this year, Bloomberg reports. "We still maintain that we don't need capital, but we've realized that perception is the dominant issue in today's markets,'' said CFO Erin Callan. Lehman fell up... More »

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stock market • Wall Street • Bear Stearns • Lehman Brothers • US economy • securities • subprime crisis • share price • weakening economy • investment banks • financial crisis

Shops Shut
as Wind Goes Out of Sales

Store closings rise along with gas prices, foreclosures

Mar 11, 08 3:59 AM CDT
(Newser) - Soaring gas prices and a still-boiling housing crisis are taking their toll on America's smaller retailers, with store bankruptcies and vacancy rates rising steadily as customers avoid impulse-buys that once fueled the industry's rapid expansion, reports AP. Vacancies hover between 7% and 8%, up from 5% just six months ago—... More »

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recession • US economy • gas prices • retail sales • retail stores • retail shopping • housing crisis • weakening economy • shoppers

Slow Jan. Sales Worry Retailers

Wal-Mart misses January projections as recession concerns gain momentum

Feb 7, 08 8:46 AM CST
(Newser) - Winter storms and lagging gift-card redemption iced Wal-Mart’s January same-store sales growth, the retailer said, raising concerns the US is in a recession, reports the Wall Street Journal. Wal-Mart expected 2% sales growth in stores open more than a year, but saw sales bump just 0.5%. Its 1.... More »

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International Council of Shopping Centers • Costco • recession • retail sales • weak dollar • weakening economy • Wal-Mart • January sales • same-store sales • sales projections

Dems May Block Record $3T Bush Budget 'Til Next Prez

Mammoth budget combines tax cuts with huge security spending hikes

Feb 4, 08 4:32 AM CST
(Newser) - President Bush today introduces a record $3 trillion budget into opposition from congressional Democrats so fierce that they could hold up the spending plan until the next president takes office, reports AP. Bush's plan envisions at least $400 billion in deficits this year and next, twice 2007's $163 billion debt.... More »

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Iraq • Afghanistan • national security • Medicare • Medicaid • tax cuts • defense spending • educational programs • weakening economy • homeland

21 - 31 of 31 Stories | << Prev 1 2


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