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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: economy

economy stories: 467 news summaries

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 Economy in Trouble: Bush 

President warns of overreaction to housing, credit crises

Mar 14, 08 3:00 PM CDT
(Newser) - The economy is experiencing difficulties, but President Bush said today he is certain a recovery will come soon, the AP reports. “In a free-market economy there will be good times and bad times” he said in a speech to the Economic Club of New York. “We’re going... More »

MORE ABOUT:
Congress • Federal Reserve • recession • economic stimulus package • subprime crisis • economy • George W. Bush • financial crisis

ANALYSIS

'Perfect Storm' Batters US Economy

Unpredictable markets continue to feed stagflation fears

Mar 14, 08 12:30 PM CDT
(Newser) - A perfect storm of economic maladies has the US economy reeling on the edge of recession and officials struggling to limit the damage it causes, reports the New York Times. But many economists say there isn’t much the government or policy makers can do besides batten down the... More »

MORE ABOUT:
stock market • housing crisis • subprime crisis • economy

 Consumer Prices Flat in Feb. 

Lack of increase means Fed has an open door to a big rate cute next week

Mar 14, 08 8:41 AM CDT
(Newser) - Consumer prices were flat for February, pleasantly surprising economists who expected a 0.2% increase, reports the Wall Street Journal. This morning’s consumer price index eases concerns that inflation is accelerating as the economy slows, and it gives the Federal Reserve more reason to float a large interest rate... More »

MORE ABOUT:
inflation • Consumer Price Index • core inflation • US economy • gas prices • consumer prices • food prices • oil price • economy • energy costs

 Most Economists Say
 Recession Is Here 

WSJ poll sees big shift toward the negative from survey five weeks ago

Mar 13, 08 5:00 PM CDT
(Newser) - A cascade of bleak financial news has convinced most economists in a Wall Street Journal poll that the US is already in a recession. The results are markedly more negative than a similar survey only five weeks ago, and much of the foul mood can be traced to last week’... More »

MORE ABOUT:
Wall Street • recession • unemployment • retail sales • payrolls • interest rate cut • economy • downturn

Retail Sales
Sank in
February

Surprise drop, after
January rise, stokes
slowdown fears

Mar 13, 08 9:15 AM CDT
(Newser) - Stoking fears of recession, US retail sales fell in February by .6%, the Wall Street Journal reports, despite economists' predictions of a 0.1% increase. Sales had been up a revised 0.4% in January. Factors cited in the decline include rising gas prices, falling home values, the credit crunch,... More »

MORE ABOUT:
housing market • unemployment • GDP • gas prices • credit crisis • retail sales • economy • import prices

UPDATED

Socialist Party Wins in Spain

But ruling party will fall short of majority in parliament

Mar 9, 08 4:25 PM CDT
(Newser) - Spain's Socialist Party overcame a sputtering economy and the murder of a former councilor to win today's national election, the BBC reports. "The Spanish people have spoken clearly and have decided to open a new period without tension, without confrontation," Prime Minister Jose Luis Rodriguez Zapatero told a... More »

MORE ABOUT:
gay marriage • Spain • Jose Luis Rodriguez Zapatero • Socialist Party • Madrid • gender bias • election • economy • Popular Party

Economy Overshadows Spanish Vote

PM in race to wire as unemployment climbs; voting is Sunday

Mar 5, 08 5:06 PM CST
(Newser) - Spain goes to the polls Sunday after a bitter campaign in which the prime minister and his rival have traded insults and accusations of lying. Prime Minister José Luis Rodríguez Zapatero has maintained his slight lead and did well in this week's debate, but a raft of bad economic... More »

MORE ABOUT:
Spain • Jose Luis Rodriguez Zapatero • Madrid • Spanish elections • Mariano Rajoy • economy

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