Archive for the ‘economy’ Category
Wednesday, July 16th, 2008
Consumer inflation has been obvious this entire year. Annualize this month's and you get 13%+. Worst economic conditions in this country in my adult lifetime.
Read the full story
Posted in inflation, economy, business, bush, u.s.+news | No Comments » | Post to NewsCloud »
Friday, May 2nd, 2008
Let them eat switchgrass! US president vows to help tackle global crisis caused by rising commodities prices.Read the full story
Posted in economy, food, bush, u.s.+news | No Comments » | Post to NewsCloud »
Monday, April 28th, 2008
The forecasts calling for a jump to between $7 and $10 a gallon are based on the view that the price of crude is on its way to $200 in two to three years. It's $4.62 in San Mateo at one station already.
Read the full story
Posted in gas, economy, green+energy, business, u.s.+news | No Comments » | Post to NewsCloud »
Tuesday, March 18th, 2008
The Federal Reserve on Tuesday slashed a key interest rate by three-fourths of a percentage point, moving aggressively to contain a credit crisis threatening to push the country into a severe recession.Read the full story
Posted in rate+cut, recession, economy, business, u.s.+news | No Comments » | Post to NewsCloud »
Monday, March 10th, 2008
In 2008, its sixth year, the war will cost approximately $12 billion a month, triple the "burn" rate of its earliest years, Nobel Prize-winning economist Joseph E. Stiglitz and co-author Linda J. Bilmes report in a new book.Read the full story
Posted in sitglitz, economy, iraq, u.s.+news | No Comments » | Post to NewsCloud »
Friday, March 7th, 2008
"There are countless better uses for $42 million than a self-congratulatory mailer that gives the president a pat on the back for an idea that wasn't even his," Sen. Charles Schumer said Friday, arguing the IRS could more effectively spend the money to catch tax cheats.Read the full story
Posted in economy, bush, u.s.+news | No Comments » | Post to NewsCloud »
Friday, February 29th, 2008
Pizza makers have seen their cheese costs soar from $1.30 a pound to $1.76 a pound. Even worse, the flour used to make the dough has gone from $3-$7 dollars a bushel to $25 a bushel.Read the full story
Posted in foods, economy, bush, u.s.+news | No Comments » | Post to NewsCloud »
Wednesday, February 27th, 2008
The dollar sank to new lows in Europe today against the euro, making a European trip even more expensive for American business travelers and vacationers.Read the full story
Posted in euro, currency, economy, u.s.+news | No Comments » | Post to NewsCloud »
Wednesday, January 9th, 2008
Countrywide Financial Corp (CFC.N: Quote, Profile, Research), the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, though it made more loans than expected in the fourth quarter.Read the full story
Posted in economy, business, u.s.+news | No Comments » | Post to NewsCloud »
Friday, November 9th, 2007
The damage done to the American economy does not make front-page headlines every day, but the repercussions will be felt beyond the lifetime of anyone reading this page.Read the full story
Posted in economy, business, bush, u.s.+news | No Comments » | Post to NewsCloud »