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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: recovery

recovery stories: 35 news summaries

1 - 20 of 35 Stories | 1 2 Next >>

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Obama's Stealth Stimulus: $250 Checks to Seniors

With social security stagnant, Obama proposes payment to elderly

Oct 15, 09 8:12 AM CDT
(Newser) - Seniors won’t be getting a boost in their Social Security benefits this January, but President Obama tried to head off that announcement yesterday by encouraging Congress to give them all a one-time $250 check. The administration sees these payments, which would cost the government about $13 billion, as another... More »

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Barack Obama • inflation • recession • recovery • Social Security • economic stimulus package • senior citizens

Disney-Marvel Deal Could Signal M&A Recovery

Monday deals push August volume up 40%

Sep 2, 09 1:41 PM CDT
(Newser) - Two major deals finished on the last day of August—projected to be the worst month for deal making since 1995—have raised expectations that the mergers and acquisitions market is finally coming out of hibernation, the Wall Street Journal reports. Monday saw Disney buy Marvel for $4 billion and... More »

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mergers and acquisitions • big deals • Marvel Comics • Disney • recession • recovery • deal • recession depression

(Newser) - A fractured, polarized credit market is splitting America’s companies into the recovering and the desperate, the Wall Street Journal reports. For the mostly big companies with easy access to credit, the recovery is in full swing, but for the mostly small companies that can’t borrow, things seem... More »

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recession • recovery • credit market

Goldman Analyst Bullish
on Stocks' Recovery

Cohen predicts S&P to gain 10% by Jan 2010

Aug 6, 09 5:22 PM CDT
(Newser) - A top Goldman Sachs forecaster predicts the recovery in stocks that began in March should hold, Reuters reports. The S&P 500 could rise as much as 10% from its current level to top 1,050-1,100, says Abby Joseph Cohen, the chief of Goldman’s investment policy committee. "... More »

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Goldman Sachs • recession • recovery • S&P 500 • investment banks • analyst • recession depression • forecaster

ANALYSIS

Recession Is Kaput; Now
for the 'Smart Economy'


Jul 26, 09 4:23 PM CDT
(Newser) - The Great Recession is cooling off, but Americans will feel the heat for a while—because recovery is tricky this time, Daniel Gross writes in Newsweek. Another economic bubble inflated by consumption would be a mere Band-Aid. That's why President Obama is trying to create a four-sided "smart economy"... More »

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health care • broadband Internet • recession • recovery • infrastructure • green technology • economy • economic recovery

(Newser) - The South Carolina Supreme Court has ruled that Gov. Mark Sanford must apply for $700 million in federal stimulus money aimed at education that the governor had strenuously resisted, the State reports. The state’s General Assembly had already mandated the move, but Sanford argued it had no authority... More »

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education • South Carolina • recovery • economic stimulus package • Mark Sanford • Obama administration • court ruling • South Carolina Supreme Court

Bernanke Sees Slow Recovery, Despite Positive Signs

Still hopes economy will grow by year's end

Jun 3, 09 10:40 AM CDT
(Newser) - The US has a long way to go before the economy returns to full health, despite hopeful signs, Ben Bernanke told the House budget committee today. “Recovery will only gradually gain momentum and that economic slack will diminish slowly,” the Fed chairman said. With businesses cautious, “the... More »

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Congress • Ben Bernanke • Federal Reserve • House of Representatives • recession • recovery • House Budget Committee • economy

Air France Black Box Recovery Could Take Months

Key devices could be beyond reach of deep-sea divers

Jun 2, 09 1:44 PM CDT
(Newser) - The black boxes from the missing Air France jet are crucial to determining what brought the plane down, but locating the devices could present the most daunting challenge since the Titanic mission, Reuters reports. “You are looking for a needle in a haystack,” said one industry specialist, guessing... More »

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black box • France • Brazil • plane crash • recovery • Air France • Air France Flight 447

(Newser) - It’s a perfect, er, storm: Some of America’s most hurricane-prone areas are littered with foreclosed houses likely send debris flying in a storm, the AP reports. Without caretakers to secure them, the houses will also endure greater damage and lose even more value. "A lot of these... More »

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foreclosure • recovery • hurricane • property damage

(Newser) - Wall Street and Washington financial gurus may be seeing “green shoots” of economic recovery, but small businesses are still stuck in the mud, Kevin Kelly writes in Newsweek. Kelly, the CEO of a bag manufacturing company, says too many colleagues' businesses are losing sales, laying off workers, or shutting... More »

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debt • recession • recovery • investment • small business • economy • Jay-ZTV

ANALYSIS

In Market Hit Early, Signs of
a Recovery

Some see bottom, others 'fool's gold' in Sacramento real estate

May 5, 09 8:53 AM CDT
(Newser) - In Sacramento, one of the first US cities to see the housing market crumble, there are glimmers of recovery, the New York Times reports. Sales have jumped 45% from last year, and investors and first-time buyers are on the prowl. “It’s fragile, and it could easily be fleeting,... More »

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housing market • Sacramento • foreclosure • recovery • financial crisis

OPINION

 Don't Get Excited, 
 Crisis Isn't Over: Krugman 

Tough times ain't over—and we can't afford 'complacency'

Apr 17, 09 10:54 AM CDT
(Newser) - We’re hearing about “glimmers of hope" from policymakers, but the president’s biggest lefty naysayer has a word of warning: “Don’t count your recoveries before they’re hatched,” Paul Krugman writes in the New York Times. “Premature optimism” has been disastrous during previous downturns,... More »

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recession • recovery • Paul Krugman • optimism • economy • President Obama

glossies

 15 Years Later, 
 Rwanda Moves 
 Toward Forgiveness 

Rwandan wants his country to inspire world

Apr 5, 09 4:46 PM CDT
(Newser) - When Bishop John Rucyahana heard of the genocide wracking his native Rwanda in 1994, he did something unexpected: He returned home from Uganda. Since then, he has built schools for orphans and “reconciliation villages” where the genocide’s victims and perpetrators live together, Newsweek reports. “If Rwanda can... More »

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genocide • God • recovery • orphan • Rwanda • reconciliation

Geithner Predicts Big Things at G20

Confident Treasury chief expects 'global stimulus' plan

Apr 1, 09 9:57 PM CDT
(Newser) - Treasury chief Tim Geithner made time in London for a series of TV interviews in which he expressed confidence that the global economy has turned the corner. He told Bloomberg that he sees "encouraging signs" of recovery and said policy makers at the G20 summit will make sure the... More »

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recovery • global economy • G20 • Treasury secretary • Timothy Geithner

'Tentative' Signs Point to Healing US Economy 

But changes on paper may take time to hit pockets

Mar 28, 09 8:34 AM CDT
(Newser) - Next month, the US recession is set to become the longest since the Great Depression, but the Wall Street Journal, in the first up-beat prediction in months, musters “tentative” signs that things could be turning around. Consumer spending and sentiment rose in February, the housing market is looking more... More »

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housing market • consumer confidence • recession • recovery • consumer spending

(Newser) - Surgery last week on actor Robin Williams’ heart “went extremely well,” doctors said today. The 3½-hour procedure corrected an irregular rhythm and replaced a valve, People reports. “A couple hours after surgery, he was entertaining the medical team and making us all laugh,” said the... More »

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recovery • comedian • heart surgery • Robin Williams • aortic valve • irregular heartbeat

(Newser) - President Obama told the chief executives of America's biggest companies today that the US has to end its "endless cycles of bubbles and busts," Bloomberg reports. "Instead, we must build this recovery on a foundation that lasts," Obama said in an address to the Business Roundtable.... More »

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recovery • Business Roundtable • economy • Obama administration • President Obama

(Newser) - Economists say the prospects of a recovery in the second half of the year are looking less and less likely, the Wall Street Journal reports. Most economists surveyed predict the nation's GDP will grow in the third quarter by a measly 0.7%, less than half the rate predicted 6... More »

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recession • recovery • GDP • economy • economic downturn

Second Engine Recovered From Hudson River

Couric lands first interview with Flight 1549's hero captain

Jan 23, 09 4:45 PM CST
(Newser) - The left engine of Flight 1549 was pulled from the Hudson River this afternoon, days after it was located with sonar, NY1 reports. Divers had held off on the recovery because of cold weather; warmer temperatures today allowed them to reach the engine and hoist it out of the water... More »

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New York City • US Airways • recovery • Hudson River • Army Corps of Engineers • LaGuardia Airport • Flight 1549 • engine • Hudson crash

Kennedy
Going Home Tomorrow

Senator's seizure probably caused by fatigue, doctor says

Jan 20, 09 7:42 PM CST
(Newser) - Ted Kennedy continues to do well after today's seizure and will be released from the hospital tomorrow morning after a night of observation, the Boston Globe reports. His collapse was probably caused by “simple fatigue,” a doctor said. He is surrounded by family at a Washington hospital after... More »

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Barack Obama • Ted Kennedy • recovery • seizure • inauguration • hospitalization • brain cancer • brain tumor

1 - 20 of 35 Stories | 1 2 Next >>


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