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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: economy

economy stories: 467 news summaries

41 - 60 of 467 Stories | << Prev 1 2 3 4 5 6 7 ... 24 Next >>

(Newser) - The public is rapidly losing faith in President Obama, new polls show. His overall approval rating is below 60%—a USA Today/Gallup poll gives him 55%, putting him 10th among the 12 post-World War II presidents after six months in office. A Public Trust Monitor/Politico survey finds 54% trust Obama,... More »

 Poll: Obama Sinks 
 Below 50% on Health Care 

Numbers drop on health care, economy, deficit

(Newser) - President Obama’s approval rating on health care has dropped from 57% in April to below half for the first time, as resistance heats up, even among Democrats, to the reform bill working its way through Congress, a Washington Post-ABC News poll finds. Some 49% approve and 44% (up from... More »

(Newser) - Facing a burdensome political agenda, decreased popularity, and widespread opposition to his key policies, President Barack Obama appears poised to become the next Jimmy Carter, Matt Welch and Nick Gillespie write in the Washington Post. Both are "smart, moralistic" presidents who inherited brutal economies, but both responded with top-heavy... More »

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Barack Obama Jimmy Carter Bill Clinton spending economy financial crisis

Paulson: BofA-Merrill Deal Saved US From 'Great Peril'

Actions saved nation from 'great peril,' he says

(Newser) - Former Treasury Secretary Henry Paulson says his role in Bank of America’s acquisition of Merrill Lynch was appropriate and necessary, MarketWatch reports. “I am confident that our responses were substantially correct and that they saved this nation from great peril,” Paulson told a House oversight committee today... More »

White House Gets Tough on Congress' Critics, Skeptics 

Obama defends stimulus, pushes health reform

(Newser) - The White House is cracking down on its critics—and on laggards within the Democratic Party, too. Republican naysayers on the economic stimulus and health care are getting the roughest treatment, Politico reports. After Kentucky Sen. Jon Kyl railed against the efficacy of stimulus spending, four Cabinet secretaries wrote to... More »

 Obama: Expect 
 Jobless Rate 
 to Rise Further 

Hiring 'typically lags' after recovery begins

(Newser) - President Obama expects unemployment to continue to “tick up” for a few months, Reuters reports. “We have seen some stabilization in the financial markets, and that’s good, because that means that companies can borrow and banks are starting to lend again,” he said today. But “... More »

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recession unemployment economy President Obama jobless

Colleges Hope to Cash In on Naming Rights for Classes

Hope corporate funds can save programs

(Newser) - With schools hit hard by the recession, some are considering new ways to pull in cash. One idea: corporate sponsorship for classes, Time reports. City College of San Francisco may sell naming rights to 800 classes that might otherwise disappear. College officials have mixed feelings, with some put off but... More »

 Prepared Food Aisle 
 Is the New Restaurant 

Restaurants take hit as customers opt for cheaper grub

(Newser) - Cash-conscious consumers who’d rather not cook are increasingly ditching restaurant dinners in favor of grocery stores’ prepared meals, the San Diego Union-Tribune reports. At some stores, prepared-food sales have jumped 7% to 10%, says an industry consultant. For their part, supermarkets are hawking a bigger and better selection of... More »

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food restaurant recession supermarket grocery stores economy grocery shopping prepared food

(Newser) - Goldman Sachs is expected to announce stunning profits for the second quarter tomorrow, inspiring jealousy on Wall Street and suspicion on Main Street, as taxpayers wonder whether they've been taken for a ride, reports the New York Times. The bank repaid its multibillion dollar government loan last month, and could... More »

Economic Muck Gives GOP Hope for New Blood in 2010

Candidate recruitment up amid bad news for Dems

(Newser) - As bad economic reports keep coming, Republicans are seeing candidate recruitment soar, the Hill reports. The party has had “probably its first good couple weeks in four years,” says an analyst, fueled in large part by rising unemployment and sinking stocks. Meanwhile, Democrats have lost top Senate candidate... More »

OPINION

 Bruni to G8: 
 Don't Let 
 Recession Kill 
 AIDS Funding 

We've made progress—now don't let economy destroy it

(Newser) - Carla Bruni-Sarkozy gets in the op-ed game today, urging G8 leaders who are converging on L’Aquila, Italy, to continue the commitment their predecessors made 8 years ago to fighting HIV/AIDS in Africa. The earlier initiative helped the Global Fund to Fight Aids, Tuberculosis and Malaria save some 4 million... More »

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Africa France malaria world economy G8 summit recession HIV/AIDS tuberculosis Carla Bruni economy L'Aquila

 Traffic Congestion Dips  
 as Economy Falters 

US sees two-year congestion decline for first time ever

(AP) - Drivers are spending less time stuck in rush-hour traffic for a second straight year, the first-ever 2-year decline in congestion. Blame high gas prices and the economic downturn, which have forced many Americans to change how they commute. In individual cities, Los Angeles traffic is getting better but is still... More »

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energy pollution traffic gas prices congestion economy traffic jam rush hour

TALK SHOW ROUNDUP


 Biden: Obama 
 Team 'Misread' 
  the Economy 

Colin Powell 'concerned' by Obama's spending

(Newser) - Joe Biden conceded today that the Obama administration “misread” how bad the economy actually was and that now the unemployment rate is “much too high,” The Hill reports. In an interview taped in Iraq with This Week, the vice president also said the US doesn’t intend... More »

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Iraq Iran Barack Obama Israel Joe Biden North Korea unemployment economy Sarah Palin Obama administration financial crisis

(AP) - Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5% and suggesting that the economy's road to recovery will be bumpy. The Labor Department report released today, which shows 100,000 more jobs shed than expected, indicates that even... More »

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recession unemployment job cuts economy

(Newser) - Everyone's reading tea leaves to figure out where the economy's headed, and Time finds reason for hope in something it calls the "Bed, Bath & Beyond barometer." The retailer's profits were up in the first quarter, and same-store sales weren't as bad as expected. This is especially... More »

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retail sales economy economic recovery Bed, Bath & Beyond women's issues

Facing $24B Shortfall, Calif. Gets No Love From Feds

Washington refuses state's requests for aid

(Newser) - California may be the world’s 8th-largest economy and key to President Obama’s re-election, but requests for financial aid are falling on deaf ears in Washington, Politico reports. The Golden State remains deadlocked over a $24 billion budget deficit, and many of its own officials are unsympathetic. “Why... More »

Why Car Rentals Are Pricey
in Great Recession

Airfares, hotel rates fell, but rental rates have started back uphill

(Newser) - Hoping for a cheap car rental in the Great Recession? Sorry, car rental fees are going up, thanks to agencies selling off chunks of their fleets and creating a false shortage, Michelle Higgins writes in the New York Times. Last month, the average weekly airport rental price jumped 73% over... More »

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consumer prices rental car supply and demand economy

Fed Keeps
Interest Rates
at Record Low

Economy picking up, but not enough that inflation is a worry

(AP) - The Federal Reserve says the recession is easing, but that the economy likely will remain weak and keep a lid on inflation. Against this backdrop, the Fed held a key bank lending rate at a record low of between 0% and 0.25%, and pledged again to keep it there... More »

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Wall Street Federal Reserve recession interest rate economy financial crisis

OECD report

 Recession Will 
 End This Year 

But growth will be sluggish through 2010, says Paris development group

(Newser) - The US recession will end this year, but fragile financial markets and sapped consumer wealth will keep the pace of recovery sluggish, an influential Paris-based economic prognosticator said today. The OECD—Organization for Economic Cooperation and Development—predicted that the US economy will shrink by 2.8% this year and... More »

 Obama's Approval 
 Rating Softens 

Economy pulls down numbers

(Newser) - Concerns over the economy are weighing down President Obama’s poll numbers, which have fallen to their lowest point since his inauguration, Politico reports. Obama’s 57% approval rating in a Gallup tracking poll this weekend remains high, but a series of recent polls find his support falling among Republicans... More »

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