Economy News

Last update: 155 days, 22 hours ago

UT Researchers: Economy Will Tumble For At Least Another Year 9 May 08, 23:55 ET NASHVILLE, Tenn. - University of Tennessee researchers expect the state's economy to continue to tumble for at least another year before it starts to ... more El Paso County Economy At All-Time Low 9 May 08, 23:36 ET by Heather Skold EL PASO COUNTY - El Paso County's economy is the lowest it's ever been according to the "Business Conditions Index" - a barometer of what's ... more In Animal Shelters, Reminders of the Economy 9 May 08, 23:15 ET By GERRI HIRSHEY ON Valentine’s Day, a loved one named Riley found himself being led back into the same noisy institutional building where he was also known ... more Gas prices burning local economy 9 May 08, 22:57 ET Continued increases in fuel prices is changing the driving habits of some residents and having a significant impact on the local enonomy. ... more Local activity propels state economy 9 May 08, 22:43 ET By Peter Reuell/Daily News staff Despite a cost of living that is among the highest in New England, the region continues to be a key economic engine for the ... more Dollar, Economy Bring Down Trade Deficit US Consumers Curtail Spending 9 May 08, 22:37 ET By Anthony Faiola The US trade deficit narrowed more than expected in March as American consumers, stung by the economic downturn and higher prices for ... more UM graduates optimistic despite economy 9 May 08, 22:32 ET By OSCAR CORRAL The commencement speech for Jessica Happi's University of Miami graduation ceremony had scarcely ended Friday, and already she was thinking ... more Kleeb discusses struggling economy 9 May 08, 22:21 ET (5/09/2008) KHAS-TV - On the Democratic side there are 4 candidates in the primary. Scott Kleeb of Hastings is one. Kleeb agrees the economy is an important ... more Some Families Say Economy Taking Toll on Summer Camps 9 May 08, 22:20 ET Summer is just around the corner. And for busy parents, summer camps are the best of both worlds. But this year the economy may be taking a toll on some of ... more Economy leads lenders down the middle of the road 9 May 08, 21:37 ET As last year's subprime mortgage debacle has evolved into this year's widespread credit crunch, mezzanine investors find themselves in a sweet spot. ... more Appeals Court Ruling Good News for Environment and Economy 9 May 08, 21:16 ET ATLANTA--(BUSINESS WIRE)--A Federal Appeals Court today vacated a lower court’s decisions that invalidated mining permits in the Lake Belt area of Northwest ... more Greater controls set to protect economy 9 May 08, 21:16 ET By Wang Zhenghua (China Daily) High inflation and fixed-asset investment growth are China's biggest economic concerns, prompting authorities to persist with ... more Study: Health Care Costs Threaten American Businesses in Global ... 9 May 08, 20:32 ET By Sara Lubbes, CQ Staff The ever-rising costs of health care puts American businesses at a disadvantage when trying to compete with firms overseas, ... more Editorial: Mixed report on region's economy 9 May 08, 20:24 ET The national economy is hovering on the brink of recession, foreclosures are hitting record levels, and everyone feels the pain at the gas pump. ... more Tightened Economy Could Have Kids Skimping on Mother's Day 9 May 08, 20:18 ET With gas in record territory and the price of everything else going up, a lot of people are trying to drive less and spend less -- and this weekend, ... more The jigsaw puzzles of China's economy 9 May 08, 20:14 ET China, the world's second largest goods exporter and fourth largest economy, is growing at the fastest pace among all major economies. ... more Democrats debate: Economy, education biggest issues for candidates 9 May 08, 20:10 ET GLASGOW, May 09, 2008 (Glasgow Daily Times - McClatchy-Tribune Information Services via COMTEX) -- -- Democratic candidates for Kentucky's 9th District ... more Slowing Economy Affecting Boaters at Lake Mead 9 May 08, 19:56 ET The slowing economy continues to take its toll, and recreational boaters are also feeling the pinch when it comes to rising gas prices. ... more President: Clemson will persevere in tough economy 9 May 08, 19:50 ET CLEMSON — In the closing meeting of the academic year, Clemson University President James F. Barker told faculty and staff that the university will ... more Brazil president finds 'risk free' US economy laughable 9 May 08, 19:49 ET AP BRASILIA, Brazil: President Luiz Inacio Lula da Silva marveled at America's "zero risk" financial rating on Friday, raising some laughs as he wondered ... more Couples Waiting Longer To Marry Due To Bad Economy 9 May 08, 19:47 ET SACRAMENTO (CBS13) ― If you're invited to a wedding this summer, don't plan on an open bar or caviar. May local brides are cutting back because of tough ... more McCain ad focuses on economy 9 May 08, 19:43 ET John McCain, hammered by both Republican and Democratic rivals for his admission during the campaign that the economy isn't his strong suit, ... more Venture capital firms watching their words in a soft economy 9 May 08, 19:29 ET By Scott Duke Harris He calls himself "a recovering venture capitalist," but Thomas Pennell sounds like he might be backsliding. The fast-talking New Yorker ... more State of State survey: Economy bad, future bright 9 May 08, 19:24 ET By Amy Lane A new survey by Michigan State University gives Gov. Jennifer Granholm and President George Bush the lowest ratings of their tenures and finds ... more Arizona Economy In A Recession 9 May 08, 19:11 ET Officials say the housing free fall, credit market turmoil, and oil approaching $100 a barrel are triggering the recession. According to the Director of the ... more Area agencies feel the pinch from economy 9 May 08, 19:09 ET By Alexis Hunt You aren't the only one feeling the crunch of these tough economic times. Area wide agencies that specialize in helping those in need feel it ... more Turkey needs to tap into booming economy in Dubai 9 May 08, 19:08 ET It is nearly impossible to drive through Dubai without seeing a huge crane working on building another skyscraper. It is like the whole city of 1.5 million ... more Harrah's reports quarterly loss; blames costs, economy 9 May 08, 19:04 ET AP - May 9, 2008 7:04 PM ET LAS VEGAS (AP) - Casino operator Harrah's Entertainment is reporting a first-quarter loss due to costs associated with a deal to ... more Economy - Friday 9 May 08, 18:45 ET The world's largest economy will grow by less than a percent this year due to falling consumer sentiment, according to the Reuters/University of Michigan Surveys of Consumers. The U. Mich. confidence gauge hit a 26-year low in April. Consumers tend to believe the economy is in a recession when growth is near zero, said Richard Curtin, director of the survey. But economists are rethinking their ... more Venture capital firms adjusting to a soft economy 9 May 08, 18:39 ET A weak economy means fewer Wall Street offerings and lower prices in mergers and acquisitions. Generally poor returns are accelerating a shakeout in the venture capital industry, with more money flowing to the biggest firms. more Economy recession-bound, latest poll indicates 9 May 08, 18:31 ET OTTAWA - Canadians increasingly believe the economy is heading toward recession, according to a new Ipsos-Reid poll that also says they have significantly ... more Brighter forecasts for glum economy on horizon 9 May 08, 18:29 ET By Brent Wilsey Recently, an array of statistics and policy actions were reported that failed to satisfy the gloom and doomers. ... more Venture capitalists watch their words in a soft economy 9 May 08, 18:24 ET By Scott Duke Harris He calls himself "a recovering venture capitalist," but Thomas Pennell sounds like he might be backsliding. The fast-talking New Yorker ... more Argentine Farm Strike Threatens Economy, Grain Sales (Update4) 9 May 08, 18:22 ET By Bill Faries and Eliana Raszewski May 9 (Bloomberg) -- A standoff between Argentine farmers and the government over agricultural exports threatens to slow ... more Columbia Business School's Center on Japanese Economy and Business ... 9 May 08, 18:19 ET NEW YORK, May 9 (AScribe Newswire) -- Columbia Business School's Center on Japanese Economy and Business (CJEB) announced today it will host a symposium ... more Restructuring the Libyan Economy 9 May 08, 18:01 ET May 2008 - The General Peoples Committee for Economy, Trade and Investment in collaboration with the world Bank organized in Tripoli, 29&30 of April, ... more Economy's ills zap toll-road use 9 May 08, 17:56 ET By JONATHAN LANSNER Orange County's three local toll roads are in need of a marketing boost after suffering a rare drop in traffic. ... more Slumping economy cause utility shut offs 9 May 08, 17:55 ET WTVG -- Michigan and Ohio state departments say they expect a sharp increase in utility shut offs this year because of a slumping economy. ... more Oil-Rig Equipment Maker Goes Global As Energy Prices Keep Rising 9 May 08, 17:53 ET Investor's Business Daily - High oil and natural-gas prices are making for blowout earnings for energy companies. T3 Energy Services is growing quickly by preventing blowouts. more Cheney: US economy envy of the world 9 May 08, 17:50 ET Vice President Dick Cheney, who declared USD 2.5m in taxable income last year and USD 8.8m in 2006, says America's economy is strong as ever. ... more Biofuels research could mean billions for state's economy 9 May 08, 17:49 ET Oxford, NC — North Carolina will spend $5 million a year to fund a new research facility in an effort to have a tenth of the state's liquid fuel be locally ... more Cracks appear in solid Canadian economy 9 May 08, 17:49 ET By Louise Egan of Reuters OTTAWA -- Reports on Canada's employment and trade performance appeared to showcase the economy's resilience to the US slowdown, ... more ‘Better economy, law and order govt’s priorities’ 9 May 08, 17:40 ET LAHORE: Improving the national economy and law and order situation across the country is the government’s priority, Prime Minister Syed Yousuf Raza Gilani ... more Golden Gloves Impact GR Economy 9 May 08, 17:17 ET Grand Rapids - The crowds for the National Golden Gloves Boxing tournament have been as strong as the fighters filling the rings inside DeVos Place. ... more Editorial: Student loan legislation counters ailing economy 9 May 08, 17:08 ET Access to capital can be as important to college students as it is to entrepreneurs. Student loans are essential to many Americans who have no other means ... more Clinton, Obama Top McCain on Handling the Economy, Poll Shows 9 May 08, 17:00 ET May 10 (Bloomberg) -- Democrats Hillary Clinton and Barack Obama get higher marks than Republican John McCain from voters on handling the U.S. economy, which Americans now consider the nation's top issue. more Indian analyst at Goldman spooks world oil economy 9 May 08, 16:59 ET WASHINGTON: They are calling him Arjun ‘‘Spike'' Murti, but his real middle name is Narayana, the supreme manifestation of the Hindu god Vishnu. ... more Do the Uber-Rich Care About the Slowing Economy? 9 May 08, 16:56 ET Both Soethby's and Christie's held their spring auctions of Impressionist and Modern Art this week. Last night's results from Sotheby's were modest and ... more Economy Forces New Trend At Car Lots 9 May 08, 16:55 ET Oklahoma City -- It seems many things have started to change during these slower economic times. Gas costs more, grocery bills are rising and a local car ... more US trade deficit narrows as economy weakens 9 May 08, 16:51 ET AP Washington: The US trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. ... more FedEx Cuts Guidance On Oil Prices, Weak Economy 9 May 08, 16:51 ET (RTTNews) - Package delivery giant FedEx (FDX: News, Chart, Quote ) slashed its fourth-quarter earnings target on Friday, blaming higher oil prices and the ... more More businesspeople looking to franchise in down economy 9 May 08, 16:50 ET As the national economy weakens, Todd Fennell is one of a group of businesspeople joining the ranks of new franchisees. A former teacher and real estate ... more USPS report: Economy slows; mail volume drops 9 May 08, 16:45 ET Rising fuel prices and the slowing economy continued to eat at the U.S. Postal Service’s bottom line during the second quarter of 2008, the agency’s quarterly report says. more GM official praises fundraisers for success in tight economy 9 May 08, 16:42 ET (Vindicator (Youngstown, OH) (KRT) Via Acquire Media NewsEdge) May 9--BOARDMAN -- "I can't commit to any new product" for the Lordstown General Motors ... more Kazakhstan economy causing alarm 9 May 08, 16:34 ET Alarm bells have been sounded about Kazakhstan for the second time in a week, with warnings that the economy is dangerously exposed because of years of rampant borrowing by banks and an unprecedented construction boom. more US Economy: Trade Deficit Narrows as Imports Fall (Update2) 9 May 08, 16:32 ET By Bob Willis May 9 (Bloomberg) -- US demand for imported goods slumped in March, overwhelming the impact of the first export decline in more than a year ... more Economy May Hurt Mother's Day Sales 9 May 08, 16:31 ET Some moms may not be getting both chocolates and a bouquet for Mother's Day this year as consumers watch their spending. Even businesses that traditionally ... more Harrah's Entertainment swings to loss on costs associated with ... 9 May 08, 16:14 ET © AP LAS VEGAS (AP) - Casino operator Harrah's Entertainment Inc. reported Friday it swung to a first-quarter loss, citing costs associated with a deal to ... more Creating a new economy: Group promotes the region as a destination ... 9 May 08, 16:12 ET By Lisa Guerriero/salem@cnc.com Not so long ago, Salem and the North Shore were overflowing with factories and manufacturers. ... more Animals and the economy 9 May 08, 16:04 ET We've been talking about high gas prices for awhile now, but local animal shelters are also feeling the affects from the economy. A North Augusta animal rescue group is coping. more ANALYSIS-Economy dims dental industry's smile 9 May 08, 16:02 ET By Helen Chernikoff NEW YORK (Reuters) - Makers of dental veneers aren't smiling so brightly these days as the slowing US economy weakens demand for ... more Harrah's swings to loss on bigger costs and softer economy 9 May 08, 16:00 ET LAS VEGAS — Casino operator Harrah's Entertainment Inc. reported Friday it swung to a first-quarter loss, citing costs associated with a deal to take it ... more Strong loonie, weak US economy stall Art In Motion Income Fund 9 May 08, 16:00 ET Art In Motion Income Fund (TSX:AIM.UN) has reported a net loss of $2.3 million in its current first quarter. The Coquitlam-based company posted net earnings ... more Mystery Indian analyst at Goldman spooks world economy 9 May 08, 15:57 ET WASHINGTON: They are calling him Arjun ‘‘Spike'' Murti, but his real middle name is Narayana, the supreme manifestation of the Hindu god Vishnu. ... more Will love overcome economy worries on Mother's Day? 9 May 08, 15:49 ET MILWAUKEE (AP) -- It's a few days before Mother's Day, and Robert Jenkins jumps every time the phone rings. He's got about 220 reservations at his ... more Blunt to Pelosi: Trade is the Stimulus Our Economy Needs 9 May 08, 15:44 ET Sends Letter to House Speaker on Eve of Landmark Bipartisan Trade Deal WASHINGTON, May 9 /PRNewswire-USNewswire/ -- On the eve of the one-year anniversary ... more Harrah's swings to loss on costs, economy 9 May 08, 15:40 ET By KEN RITTER 05.09.08, 3:27 PM ET Casino operator Harrah's Entertainment Inc. reported Friday it swung to a first-quarter loss, citing costs associated ... more Mortgage credit losses could total $500 bln: Goldman 9 May 08, 15:25 ET Reuters - Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no monetary policy tightening in 2008 or 2009, according to a research note from the firm. more Mumbai-NY flight delayed 19 hrs, economy fliers bear brunt 9 May 08, 15:20 ET Her vacation turned awry even before take off. As she pushed her cabin luggage above the economy class seat aboard a New York-bound Continental Airline flight from Mumbai on Thursday night, Supriya Pathak, 26, was set to slip into a dream about her first vacation in the US. What followed instead was a 19-hour-long nightmare. more Economy dims dental industry's smile 9 May 08, 15:10 ET By Helen Chernikoff NEW YORK, May 9 (Reuters) - Makers of dental veneers aren't smiling so brightly these days as the slowing US economy weakens demand for ... more Economy deals cardrooms lousy hand 9 May 08, 15:10 ET May 09, 2008 (The Columbian - McClatchy-Tribune Information Services via COMTEX) -- -- La Center's four cardrooms, after beginning to rebound from the ... more Michiganders feel hopeful about economy, but less confident about ... 9 May 08, 15:01 ET By CHRIS CHRISTOFF • FREE PRESS LANSING BUREAU • May 9, 2008 EAST LANSING – Michigan adults are anxious about their finances but hopeful they’ll be better ... more Only Greentech Can Save US Economy, Says Über-Investor 9 May 08, 14:54 ET "The US financial system is in a mess. The global marketplace is in the same disarray.... What the hell is going on? Can we get out of this mess, and how? ... more Argentine Farm Strike Threatens Economy, Grain Sales (Update3) 9 May 08, 14:53 ET By Bill Faries and Eliana Raszewski May 9 (Bloomberg) -- A standoff between Argentine farmers and the government over agricultural exports is threatening ... more Idea Watch: Can ‘Misery’ Web Sites Forecast the Economy’s Health? 9 May 08, 14:53 ET Guns. God. Coupons. Those are some of the topics that researchers at the University of California-Riverside believe will attract more interest in a down ... more Economy andastaanding…and the VIP 9 May 08, 14:35 ET Many economists will tell you that, excepting a world war, the world will never experience serious money chaos like it did in the early part of the 20th ... more Canadian Automakers, Lumber Producers Still a Drag on Economy 9 May 08, 14:24 ET By Theophilos Argitis May 9 (Bloomberg) -- Canada's slumping manufacturers continue to act as a drag on the world's eighth-biggest economy, two government ... more Americans warily optimistic about economy 9 May 08, 14:04 ET By Aaron Siegel More consumers had a positive outlook about the economy, even as concerns about job security grew, a new reading of consumer attitudes ... more German economy feels the pinch from global headwinds 9 May 08, 14:01 ET German industrial output and exports fell in March, data showed yesterday, as a stronger euro, weaker global demand and high raw material prices left their ... more Slow Economy Dampens Mother's Day Celebration 9 May 08, 13:48 ET Analysts say that the troubled economy is expected to keep Mother's Day spending in check. more Economy creates 19200 jobs but cracks emerge; jobless rate up to ... - Metro Canada 9 May 08, 13:47 ET OTTAWA - The Canadian economy is showing signs of sputtering in the face of stiffening headwinds from the US slump and ongoing tight credit conditions. ... more Economy creates 19200 jobs but cracks emerge; jobless rate up to ... - Metro Canda 9 May 08, 13:45 ET OTTAWA - The Canadian economy is showing signs of sputtering in the face of stiffening headwinds from the US slump and ongoing tight credit conditions. ... more Washington cardrooms hit by weak economy 9 May 08, 13:44 ET WASHINGTON -- As reported by the Columbian: "La Center's four cardrooms, after beginning to rebound from the statewide smoking ban that took effect in 2006, ... more Nevada casino winnings drop as economy softens 9 May 08, 13:30 ET A soft economy continued to cut into winnings of Nevada casinos during March as the clubs won $1.04 billion for a 1.5 percent decline compared with the same month a year earlier, a state report showed Friday. more Gaming summit looks at economy issues 9 May 08, 13:27 ET BILOXI, Mississippi -- As reported by the Biloxi Sun Herald: "Beyond the dazzle of the new slot machines and the aroma of grilling shrimp at the Southern ... more Credit unions grow in struggling economy 9 May 08, 13:14 ET (News-Herald, The (Willoughby, OH) (KRT) Via Acquire Media NewsEdge) May 8--There is not much parking and no convenient drive-through teller at the City of ... more Lobster boat builders pinched as catch drops, economy slows 9 May 08, 13:13 ET By Clarke Canfield • AP • May 9, 2008 JONESPORT, Maine - For the first time in 24 years of building lobster boats, Wayne Beal doesn't have any job orders. ... more Recession? Cheney says America's economy is the 'envy of the world' 9 May 08, 13:12 ET Vice President Dick Cheney, who declared $2.5 million in taxable income last year and $8.8 million in 2006, says America's economy is strong as ever. ... more Slow Economy Turns Consumers Into Jewelers 9 May 08, 13:09 ET As gas, medical and food costs continue to rise, and home equity plummets many American families these days barely have enough disposable income to cover ... more Economy Hobbles Giving by Some Wealthy Donors 9 May 08, 13:01 ET Many wealthy baby boomers have cut back their gifts to charity in the last six month — another sign that the nation’s bad economy is starting to hurt ... more Economy shows signs of sputtering 9 May 08, 12:56 ET By Julian Beltrame, THE CANADIAN PRESS OTTAWA — The Canadian economy is showing signs of sputtering in the face of stiffening headwinds from the US slump ... more In a Weak Economy, Quirky Restaurant Ads Yield to Tried and True 9 May 08, 12:52 ET By DOUGLAS QUENQUA ONE of latest victims of the sagging economy is a sass-talking “spokes- apple” that briefly starred in a campaign for Applebee’s, ... more Restaurant Owner: Reports Of Bad Economy Part Of Problem 9 May 08, 12:51 ET One Dallas restaurant owner says she's doing just fine, except for the constant barrage of bad news about the economy, and she says those reports are part of the problem. more Data shows some cracks in Canadian economy 9 May 08, 12:44 ET OTTAWA -- Reports on Canada's employment and trade performance on Friday appeared to showcase the economy's resilience to the US slowdown, but some less ... more Gas jumps above $3.67, oil passes $126 on Venezuela concerns 9 May 08, 12:37 ET AP - Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump, following oil's recent path higher. more To keep up with economy, some turn to ebay 9 May 08, 12:37 ET By Alexis Hunt "Drop it off, tell me what you know about it, and pick up your check if it sells," said Rhonda Hillwig. Yes, it's that simple. ... more Improvement of national economy, law and order top priority: PM 9 May 08, 12:30 ET LAHORE,May 9 (APP)- Prime Minister Syed Yousuf Raza Gilani on Friday said that improving national economy and law and order across the country was the top ... more 11:15 am The Southeast Texas economy defines what's good ... 9 May 08, 12:21 ET By DAN WALLACH, The Enterprise Market conditions in Southeast Texas "is what good means right now," said Adam York, Wachovia Corp. economic analyst, ... more San Diego Economy, Real Estate Likely to Remain Unsettled 9 May 08, 12:16 ET The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to the annual UCLA Anderson Forecast from the University of California–Los Angeles Anderson School of Management. more Canadian economy adds 19,200 jobs 9 May 08, 12:13 ET The Canadian economy added a better-than-expected 19,200 new jobs in April, but several analysts said the unemployment picture isn't quite as rosy as it might appear. more Data shows some cracks in solid Canadian economy 9 May 08, 12:06 ET OTTAWA (Reuters) - Reports on Canada's employment and trade performance on Friday appeared to showcase the economy's resilience to the U.S. slowdown, but some less encouraging trends emerged in the details. more Mother’s Day spending may be down in slower economy 9 May 08, 11:52 ET By LISA CORNWELL AP Writer CINCINNATI — Some moms may not be getting both chocolates and a bouquet for Mother’s Day this year as consumers watch their ... more WRAPUP 1-Data shows some cracks in solid Canadian economy 9 May 08, 11:48 ET By Louise Egan OTTAWA, May 9 (Reuters) - Reports on Canada's employment and trade performance on Friday appeared to showcase the economy's resilience to the ... more Argentine Farm Strike Threatens Economy, Grain Sales (Update2) 9 May 08, 11:38 ET By Bill Faries and Eliana Raszewski May 9 (Bloomberg) -- A standoff between Argentine farmers and the government over agricultural exports is threatening ... more Mother's Day Spending May Drop In Slower Economy 9 May 08, 11:36 ET NEW YORK (AP) ― Some moms may not be getting both chocolates and a bouquet for Mother's Day this year as consumers watch their spending. ... more Jurvetson Calls For “Disruptive Force”; Says Economy Won’t Hurt ... 9 May 08, 11:22 ET CNET News.com reporters Michael Kanellos and Carl-Gustav Linden recently met with Steve Jurvetson to discuss how the downturn in the broader economy will ... more Canadian economy concerns at 10-year high 9 May 08, 11:20 ET TORONTO, May 9 (UPI) -- The economy has risen to be the top concern among Canadians for the first time in 10 years, a poll published Friday said. ... more