Yahoo! News: Economy News
7 Feb 2012 at 2:42am
Reuters - Swiss bank UBS posted a loss at its investment bank and warned that the unit's poor performance would also affect first-quarter results as the euro zone debt crisis and worries about the health of the U.S. economy hurt business.
7 Feb 2012 at 2:01am
 AP - Federal Reserve Chairman Ben Bernanke has called the economy "frustratingly slow." On Tuesday, Congress will find out whether he still thinks so, even after Friday's news that hiring surged in January and unemployment reached a three-year low.
7 Feb 2012 at 12:43am
 AP - Additional U.S. sanctions on Iran are more significant for their timing than their immediate effect on Iran's economy, coming as the United States and its allies are arguing that Israel should hold off on any military strike on Iranian nuclear facilities to allow more time for sanctions to work.
7 Feb 2012 at 12:06am
ContributorNetwork - COMMENTARY | Some would have us believe the president plays a much smaller role in determining what our economy does than most people believe. I think Americans believe the president has a lot of actual power to correct the economy, and that assumption is incorrect. But many chief executives have used the Oval Office to manipulate change and foster growth that isn't specifically empowered to the presidency.
6 Feb 2012 at 7:14pm
Reuters - Oklahoma's Republican governor announced a plan on Monday to dramatically cut state income tax rates and eventually do away with them altogether, and said the state would pay for the cuts by closing "loopholes."
6 Feb 2012 at 6:36pm
Reuters - About 130 municipal employees in Washington, D.C. may have scammed the city by collecting jobless benefits while still at work, officials said on Monday, in the latest controversy to hit the local government.
6 Feb 2012 at 6:31pm
 AP - People rarely pick a fight with Dirty Harry. But Chrysler's "Halftime in America" ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays the country's most economically distressed city or amounts to a campaign ad for President Barack Obama and the auto bailouts.
6 Feb 2012 at 4:48pm
AP - Fisker Automotive, an electric car maker that received a half-billion-dollar loan from the federal government, said Monday that it has laid off workers in Delaware and California.
6 Feb 2012 at 3:31pm
Reuters - About 130 Washington DC municipal employees may have scammed the city by collecting jobless benefits while still at work, the District of Columbia said on Monday, in the latest scandal to hit the local government.
6 Feb 2012 at 2:56pm
Reuters - The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholders and the government drag on to cut Greece's debt burden.
6 Feb 2012 at 2:47pm
AP - Gold prices fell Monday as the Greek debt crisis returned to the spotlight, renewing concerns about the impact that Europe's financial troubles could have on the global economy.
6 Feb 2012 at 2:46pm
AP - Money donated by the nation's most chartable people is starting to catch up with pre-recession giving, thanks in part to some very large bequests from a few donors.
6 Feb 2012 at 1:34pm
AP - About 90 District of Columbia workers have been suspended and may be fired after officials determined they received unemployment checks while holding city jobs.
6 Feb 2012 at 1:33pm
AP - A new report shows U.S. casinos and the industries that depend on them made a $125 billion economic splash in 2010 — the equivalent of 1 percent of the total U.S. gross domestic product.
6 Feb 2012 at 1:31pm
Reuters - Vice President Joe Biden warned on Monday that there is no way that China will be able to sustain its current level of economic growth because of what he called its "God-awful" one-child policy.
6 Feb 2012 at 11:55am
 Reuters - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic output to pre-recession levels and risks causing "disaster."
6 Feb 2012 at 11:34am
Reuters - bolstered by a stronger economic outlook and recent job growth - would win in a match-up against the two leading Republican presidential candidates Mitt Romney and Newt Gingrich, a poll on Monday showed.
6 Feb 2012 at 9:03am
 Reuters - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010.
6 Feb 2012 at 6:21am
AP - The German government says strong demand from outside the eurozone helped the country's industrial orders rise a stronger-than-expected 1.7 percent in December.
6 Feb 2012 at 6:19am
Reuters - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.
|
Reuters: Business News
7 Feb 2012 at 2:20am
LONDON (Reuters) - The euro and European stock markets edged higher on Tuesday as traders grew hopeful a resolution could be found to enable a second bailout deal for Greece, although poor results for some top European firms rekindled fears about the impact of the crisis.
7 Feb 2012 at 2:40am
LONDON (Reuters) - Commodities trader Glencore agreed an all-share takeover of mining group Xstrata worth $90 billion on Tuesday in the industry's largest ever deal, creating a powerhouse spanning mining, agriculture and trading.
7 Feb 2012 at 2:48am
ATHENS (Reuters) - Greek leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity.
7 Feb 2012 at 1:35am
TOKYO (Reuters) - Toyota Motor Corp reported a stronger-than-expected quarterly operating profit and raised its annual forecast on cost cuts and Japanese government subsidies, though this is still some way below analysts' expectations.
7 Feb 2012 at 1:40am
LONDON (Reuters) - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth quarter earnings on the back of higher oil prices.
6 Feb 2012 at 11:37pm
NEW YORK (Reuters) - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
7 Feb 2012 at 2:13am
(Reuters) - The Securities and Exchange Commission (SEC) will unveil proposals aimed at stabilizing money-market funds in the event of another financial panic, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
7 Feb 2012 at 2:42am
ZURICH (Reuters) - Swiss bank UBS posted a loss at its investment bank and warned that the unit's poor performance would also affect first-quarter results as the euro zone debt crisis and worries about the health of the U.S. economy hurt business.
7 Feb 2012 at 1:23am
SHANGHAI/HONG KONG (Reuters) - Wal-Mart Stores Inc named company executive Greg Foran as the president and chief executive of Walmart China, capping a series of leadership changes at the China unit that has been tainted by food scandals.
6 Feb 2012 at 8:40pm
WASHINGTON (Reuters) - Key U.S. senators raised fresh questions about Lockheed Martin Corp's $382 billion F-35 fighter program on Monday as the Pentagon's top weapons buyer underscored deep flaws in the way the multinational arms program was set up from the start.
|
msnbc.com: Stocks & economy
6 Feb 2012 at 3:04pm
Wall Street closed lower Monday as investors found little reason to extend a five-week rally on lingering uncertainty over whether Greece would accept the terms of a bailout.
6 Feb 2012 at 12:36pm
When Facebook goes public in a few months, will the social media giant decide to list its stock on the New York Stock Exchange or the Nasdaq?
6 Feb 2012 at 12:36pm
5 Feb 2012 at 11:27am
Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
5 Feb 2012 at 12:08pm
Month by month, the U.S. job market is regaining its health.
3 Feb 2012 at 11:57am
The U.S. economy is like a flywheel: it takes a lot to get it going. Once it starts moving, it can pick up speed pretty quickly.
3 Feb 2012 at 7:51am
The U.S. economy creates jobs at the fastest pace in 9 months and the jobless rate drops to an almost 3-year low, raising hopes that the labor market is picking up steam.
3 Feb 2012 at 9:05am
 We already know that one key way to make more money and stay employed is to get more education.
3 Feb 2012 at 9:20am
The pace of growth in the U.S. services sector unexpectedly accelerated in January to its highest level in nearly a year, according to an industry report released on Friday.
2 Feb 2012 at 6:35am
The conventional wisdom among pundits is that President Barack Obama faces an uphill re-election battle in large part because unemployment seems stuck at historically high levels.
2 Feb 2012 at 10:22pm
The Senate approved new curbs aimed at preventing lawmakers from trading shares based on inside information, and extended the disclosure requirements to 300,000 other federal employees.
2 Feb 2012 at 7:56am
U.S. workers were more efficient in the last three months of 2001, but their gains in productivity were slower than during the prior quarter, according to new data.
2 Feb 2012 at 7:41am
New claims for unemployment benefits fell more than expected in the latest week, showing that the labor market continues to improved, albeit slowly and in fits and starts.
2 Feb 2012 at 9:50am
The United States remains within the danger zone of infection from Europe's debt crisis, but the Federal Reserve will do all it can to shield the U.S.
1 Feb 2012 at 7:37am
Private employers added 170,000 jobs in January, a new report shows. That's about half the pace needed to dig out of the jobs trench the U.S. is stuck in.
1 Feb 2012 at 9:20am
The pace of growth in the U.S. manufacturing sector picked up in January to its highest level since June as new orders improved, according to an industry report released on Wednesday.
31 Jan 2012 at 5:04pm
Facebook will file documents Wednesday morning to raise $5 billion in an initial public offering of stock, less than the $10 billion previously expected, according to published reports.
|
Economic news - CNNMoney.com
6 Feb 2012 at 8:35pm
More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value.
6 Feb 2012 at 9:41am
Faced with a strong jobs report Friday, Republicans tried out a new rhetorical message: This isn't a disaster, but Ronald Reagan could have done better.
6 Feb 2012 at 12:03pm
Despite its financial difficulties and relatively heavy work load, the U.S. Postal Service has been declared the finest in the world by a British study.
3 Feb 2012 at 9:27am
American employers substantially stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row.
3 Feb 2012 at 12:25pm
Companies are saying the job market is getting better. Workers are saying it's already kicked into high gear.
3 Feb 2012 at 11:32am
The strong January jobs report may finally put a nail in the QE3 coffin.
6 Feb 2012 at 5:24pm
If welfare recipients want to dole out the dollar bills at a strip club, they'd better make sure it's not government money ... at least if a bill in Congress becomes law.
3 Feb 2012 at 2:22pm
The unemployment rate for blacks fell more than 2 percentage points last month to its lowest level since March 2009.
3 Feb 2012 at 11:26am
The January jobs report contains a slew of numbers that are likely to put a twinkle in the eye of Obama campaign staffers.
4 Feb 2012 at 11:36am
The Great Recession has dealt Nevada a losing hand.
3 Feb 2012 at 2:18pm
The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.
3 Feb 2012 at 4:21am
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.
4 Feb 2012 at 11:32am
A new Obama administration push to strengthen U.S. manufacturing has the support of smaller firms, but it might not be enough to stir many into action.
31 Jan 2012 at 12:25pm
Feb. 28
30 Jan 2012 at 7:01am
Feb. 29
19 Jan 2012 at 8:52am
Feb. 17
17 Jan 2012 at 8:58am
Feb. 14
17 Jan 2012 at 8:55am
Feb. 3
|
