Economy News

Last update: 55 days, 3 hours ago

S. Korean economy forecast to grow 4.8 pct in 2008 11 May 08, 23:55 ET SEOUL, May 12 (Yonhap) -- South Korea's economy is expected to grow 4.8 percent in 2008, a state-run think tank said Monday, revising its previous forecast ... more Don’t Let The Economy Shut Down Your CSR Initiatives 11 May 08, 23:54 ET Make corporate responsibility initiatives a bigger priority with more resources and it will be difficult for them to fade away. ... more Slow economy puts pinch on summer camps 11 May 08, 23:43 ET AP A slowing economy is forcing families to delay decisions about summer camp and ask for more financial help, camp directors say. "Every year, the requests ... more Colour new economy green - Metro Canada 11 May 08, 23:07 ET Turning Ontario’s vanishing blue-collar manufacturing jobs into stable, well-paying “green-collar” employment in the emerging green economy should be ... more Hobson's choice for govt, oil cos, economy 11 May 08, 22:59 ET With crude prices touching new peaks almost daily — they had reached a dizzy level of $126 per barrel on May 9 while the Indian crude basket ruled as high ... more ECONOMIC PREVIEW: Economy Still Weakening, Data Expected To Show 11 May 08, 22:58 ET WASHINGTON (Dow Jones) -- Key sectors of the U.S. economy were slowing in April and early May, economists said ahead a very busy week for economic data. more Economy looks bleak: Economist 11 May 08, 22:55 ET Economist Dr Biman Prasad says the economic growth for this year will be very low. Dr Prasad says the first quarter of the year was not very optimistic ... more Mom's Day & Economy 11 May 08, 22:51 ET The National Retail Federation reports that mother's day spending decreased this year for the first time in five years. 33 Reporter Dennis Biviano talked to some local residents to find out how the economy has affected their gift purchases and dinner plans for this special day. more Mom's Day & Economy by Dennis Biviano 11 May 08, 22:49 ET The National Retail Federation reports that mother's day spending decreased this year for the first time in five years. 33 Reporter Dennis Biviano talked to ... more Home borrowing tumbles as interest rates bite: Economy roundup 11 May 08, 22:38 ET More signs that the Reserve Bank of Australia’s campaign against inflation is working has emerged today with news that mortgage lending fell significantly ... more Education and The Economy 11 May 08, 22:19 ET Washington State Community College is working to pull the economy of Ohio forward through education. more North Carolina: Economy will affect new governor’s priorities 11 May 08, 21:59 ET By Hastings Wyman “This is not Pennsylvania. This is not Ohio,” says Ferrel Guillory, Director of the University of North Carolina’s Program on Public Life, ... more Experts pin hopes on new MPs to boost economy 11 May 08, 21:45 ET KUWAIT: National economic quarters pin high hopes on the next National Assembly to press ahead with further legislative amendments for boosting the economy ... more Abu Dhabi’s $105b economy could triple by 2025 11 May 08, 21:13 ET ABU DHABI (Reuters) - The $105 billion economy of Abu Dhabi, the world’s fifth-largest oil producer, could triple in value during the next 17 years, ... more The Economy: Balancing Act 11 May 08, 21:12 ET A new Treasurer and Finance Minister confront our economy with inflationary pressures not seen for decades. more Some businesses benefit from bad economy 11 May 08, 21:03 ET UNDATED (WJRT) -- (05/11/08)--On Mother's Day weekend, retail analysts expected consumers to spend less than normal to thank mom. ... more Economy driving anxiety over financial obligations 11 May 08, 20:35 ET By Liam Egan The number of Australians anxious about their capacity to meet their essential financial obligations has increased by an estimated 1.3 million ... more Mother's Day May Help Boost Economy 11 May 08, 20:27 ET By Emily Wood The National Retail Federation expects people to spend less on Mother's Day gifts in 2008 than in previous years. Americans are expected to ... more Ranch Shutdown Hits Molokai Economy 11 May 08, 20:21 ET Gift shop proprietor Maria Watanabe said she had to lay off two of her five employees after losing one shop due to the ranch closure. ... more Theory on move to sharia-based economy a bit hard to follow 11 May 08, 20:13 ET It's difficult to think of Rogue Economics as a single book. It feels more like a collection of esoteric essays linking all the world's woes to the spread of democracy and capitalism. more Hobson’s choice for govt, oilcos, economy 11 May 08, 19:49 ET With crude prices touching new peaks almost daily — they had reached a dizzy level of $126 per barrel on May 9 while the Indian crude basket ruled as high ... more Economy Taking A Toll On Mother's Day 11 May 08, 19:45 ET By Sean Hauser PUEBLO - Today marks the 100th Anniversary of Mother's Day. But with the slow economy, does that mean less for mom? According to a study done ... more Youth entrepreneurship uplift ‘important for economy’ - The News 11 May 08, 19:24 ET Islamabad Chamber of Commerce & Industry (ICCI) President Muhammad Ijaz Abbasi Sunday said youth entrepreneurship development was very important for the ... more What would $120 oil mean for the global economy? 11 May 08, 19:19 ET The scenario is not identical to the present situation, Wescott’s terrorism induced $120 involves a rapid spike upwards however the analysis is based on the ... more Government: A blessing for the economy 11 May 08, 19:17 ET Times like these (as in “so-so”) make me glad to live here. Although the recent economic downturn (no one is using the R-word yet) has business and industry ... more BAE arm contributes £392m to economy 11 May 08, 19:07 ET A STUDY by Fraser of Allander Institute has shown that the contribution of BAE Systems' Surface Fleet Solutions business to the Scottish economy increased ... more British economy likely to be 'worse than expected' in 2009 11 May 08, 19:01 ET By James Daley British businesses need to prepare themselves for a worse than expected 2009 as a "very sharp deceleration in consumer spending" and a ... more Economy Taking A Toll On Mothers Day 11 May 08, 18:31 ET By Sean Hauser PUEBLO - Today marks the 100th Anniversary of Mother's Day. But with the slow economy, does that mean less for mom? According to a study done ... more Down Economy Not Affecting Mom?s Day Diners 11 May 08, 18:19 ET SAN FRANCISCO (KCBS) -- Mother's Day is traditionally the busiest day of the year for restaurants, but some are worried the economic slowdown could keep ... more Consignment shop flourishes amid economy 11 May 08, 18:14 ET By Farnoosh Torabi | Special to amNew York Bucking the nationwide retail slowdown, Upper East Side consignment shop Michael's continues to ring up ... more Budget '08: What we know so far means for the economy 11 May 08, 18:04 ET A flood of leaks about the 2008-09 budget with expensive cars to be taxed more, relief for some for health insurance, more money for the environment, ... more Editorial: National deadlock and national economy 11 May 08, 17:54 ET When we read the statements of the PMLN leaders, it seems as if the May 12 deadline will pass too and the two coalition partners might thereafter be hard ... more Rebates won't spark US economy as prices soar 11 May 08, 17:35 ET The Bush administration’s tax rebates won’t prevent the US economy from stagnating in the second quarter as soaring food and fuel bills hurt consumers, ... more BAE Clyde yards worth £392m to the economy 11 May 08, 17:26 ET The value of BAE Systems' shipyard business on the River Clyde to the Scottish economy climbed to £392m in 2007, some £139m more than the previous year, ... more GLOBAL ECONOMY WEEKAHEAD-Calm before the storm in Europe, Japan 11 May 08, 15:10 ET By Emily Kaiser WASHINGTON, May 11 (Reuters) - The euro zone and Japanese economies got off to a healthy start this year despite a sharp US slowdown, ... more Economy set to be even weaker in 2009, warns BCC 11 May 08, 15:05 ET by Kay Murchie The British Chambers of Commerce (BCC) has warned that the UK economy set to be even weaker in 2009. The BCC said the current economic ... more Flat Gas Tax Revenue, Economy Leaves Roads Unfixed 11 May 08, 15:03 ET Colorado needed to find $500 million a year to fix and maintain its crumbling roads and bridges. Building new roads and adding transit to ease congestion ... more Escalating family violence, economy blamed 11 May 08, 15:00 ET By Peter Mickelburough CHILDREN are increasingly being identified as victims of family violence in Victoria, with reported incidents increasing by 42 per ... more Political Economy: Misery Loves Company 11 May 08, 14:52 ET By John Cranford, CQ Columnist It’s been decades since Jimmy Carter used the famed “misery index” to defeat President Gerald R. Ford in 1976, ... more Appeals Court Ruling Good News for Environment and Economy 11 May 08, 14:42 ET ATLANTA--(BUSINESS WIRE)--May 10, 2008--A Federal Appeals Court today vacated a lower court’s decisions that invalidated mining permits in the Lake Belt ... more Green IT key to achieving a low carbon economy 11 May 08, 14:30 ET Green information technology (IT) can be one of the world’s strongest assets in achieving and sustaining a prosperous, low-carbon economy, Dell Chairman and ... more Gloom persists in the economy 11 May 08, 14:27 ET I do not want to indulge in pessimism. Someone said long ago that there is a thin line between pessimism and realism. Either you are on this side or on that ... more Blunt: McCain ‘Would Be’ A Third Bush Term On Economy, ‘And I ... 11 May 08, 13:43 ET By Faiz at 1:35 pm On CNN’s Late Edition today, former Gov. Mitt Romney (R-MA) claimed that the argument that John McCain would, in effect, be a third Bush ... more Gas prices knock bicycle sales, repairs into higher gear 11 May 08, 13:07 ET AP - Four-dollar-a-gallon gas is good for business - if you run a bike shop. Commuters around the country are dusting off their old two-wheelers - or buying new ones - to cope with rising fuel prices, bicycle dealers say. more Gallup Daily: Negative Economy Views Hold Steady 11 May 08, 13:04 ET PRINCETON, NJ -- By two measures, ratings of the economy are as bad as they have been all year. Eighty-seven percent of Americans say the economy is getting ... more Economy still weakening, data expected to show 11 May 08, 12:05 ET Economy still weakening, data expected to show more BITE PUMPS USD 1 MILLION INTO NATIONAL ECONOMY 11 May 08, 11:20 ET MANAMA, MAY 11, (BNA)--BAHRAIN IS EXPECTED TO RECEIVE OVER 120 EXHIBITORS, 110 TOURISM MEDIATORS FROM 44 STATES AND 20000 VISITORS AFTER THREE DAYS UNDER ... more Commodities Boom in the Global Economy - Global's Zenith Fund Eyes ... 11 May 08, 10:16 ET May 11, 2008 (Al-Bawaba via COMTEX) -- -- Global Investment House "Global" announced today that its Zenith Fund is eyeing the strong opportunities in the ... more Is it too late to save our economy? Part II 11 May 08, 10:10 ET By Anthony Pellegrino In continuing our discussion about our sagging economy, we have to figure in the amount of money that is being sent off island by our ... more Flat gas tax revenue, economy leaves Colo. roads unfixed 11 May 08, 10:09 ET ) By COLLEEN SLEVIN, AP Colorado needed to find $500 million a year to fix and maintain its crumbling roads and bridges. ... more THE ECONOMY Consumers Rein in Spending As Confidence Dips 11 May 08, 10:05 ET Its Consumer Confidence index dropped by seven points during April to stand at just 70 against a base of 100 - its lowest level since the index was launched ... more Economy is a big issue in governor's race 11 May 08, 09:54 ET By CHARLES S. JOHNSON HELENA - Although both Democratic Gov. Brian Schweitzer and Republican Sen. Roy Brown face primary challengers, their inevitable ... more Gas prices, struggling US economy has North Bay tourist operators ... 11 May 08, 09:54 ET When a family's financial picture looks bleak, the first thing cut is a summer vacation, says a local tourist operator. Kathleen Munro, owner of Lake Point ... more Valley's economy is slowing down: Housing prices are in a slump ... 11 May 08, 09:28 ET May 11, 2008 (The Morning Call - McClatchy-Tribune Information Services via COMTEX) -- -- Housing prices are down, employment is down and rising prices are ... more Italy Seeks Domestic Solution For Alitalia - Economy Min 11 May 08, 09:26 ET ROME -(Dow Jones)- The Italian government is looking for a domestic solution involving private investors for struggling carrier Alitalia SpA (AZA. ... more Commodities Boom in the Global Economy - Global’s Zenith Fund Eyes ... 11 May 08, 08:55 ET Global Investment House “Global” announced today that its Zenith Fund is eyeing the strong opportunities in the commodity space,, in line with the Fund’s ... more Retail Sales Probably Dropped in April: US Economy Preview 11 May 08, 08:50 ET By Bob Willis May 11 (Bloomberg) -- Sales at US retailers probably fell in April as the biggest housing slump in a quarter century, record gasoline prices ... more FOCUS ON THE 15: Investing, spending public readily adjust to economy 11 May 08, 08:48 ET By Jim Victor | Sunday, May 11, 2008 | No comments posted Free enterprise economies adjust. Supply and demand, the very core of economic balances, adjusts. ... more Economy prompts Lewis to change inventory 11 May 08, 08:30 ET As the national economy limps along, Sioux Falls-based Lewis Drugs Inc. is focusing even more on something that has enabled it to survive for 66 years: the retail basics. Since its beginning in 1942 the company has gone from a single store in downtown Sioux Falls to a multi-state operation with annual sales exceeding $140 million. To blunt the impact of rising gasoline prices and fuel ... more Tourism occupies centre stage in the Ghanaian economy – Oboshie 11 May 08, 08:23 ET Mrs Oboshie Sai-Cofie, Minister of Tourism and Diasporan Relations, says the tourism industry has in recent times captured centre stage in the Ghanaian ... more Older retail area struggles in a slumping economy 11 May 08, 08:19 ET NORTH RANDALL (AP) - What was once called the "world's largest shopping" center has become a cavernous echo chamber, and the Cleveland-area cinema nearby ... more Data shows some cracks in solid Canadian economy 11 May 08, 08:19 ET OTTAWA (Reuters) - Reports on Canada’s employment and trade performance on appeared to showcase the economy’s resilience to the US slowdown, but some less ... more Despite slumping economy, Mom won't be found lacking 11 May 08, 08:07 ET There are more than 82 million mothers in the United States. That may seem like an economic boon as we head into Mother's Day, but are some retailers ... more Blame the economy 11 May 08, 08:02 ET By Eugene Driscoll Staff Writer The food pantry at the New Hope Baptist Church has seen its customer base increase some 70 percent in just seven months. ... more Crime hasn't increased in tough economy 11 May 08, 08:02 ET By Karen Ali Staff Writer Most people have felt the impact of the nation's economy in one way or another lately. But locally at least, the economy doesn't ... more Exports, foreign tourism give wobbly US economy at least two ... 11 May 08, 07:44 ET BY MICHAEL A. FLETCHER THE WASHINGTON POST WASHINGTON — Not every part of the nation’s economy is sagging despite all the grim news: Exports are surging. ... more Unemployment, poor economy have quality applicants accepting lower ... 11 May 08, 07:41 ET By CHRISTINA SALERNO With soaring gas prices and unemployment on the rise, labor experts say they are seeing a different type of labor pool emerge: one ... more The economy may be shot, but mother still deserves it all 11 May 08, 07:15 ET By Steve Brewer, Columnist That's right, it's Mother's Day, and for the first time in years, Americans are spending less on dear old mom. ... more Weak economy trumps casinos 11 May 08, 07:07 ET Historically, Vegas has been relatively immune to the problems that plague the broader economy. Last year, for instance, while the rest of the economy was starting to crack, shares of the largest Las Vegas casino operator, MGM Mirage, gained 47 percent, and that after a 56 percent gain in 2006. more Exports propping up stumbling U.S. economy 11 May 08, 07:06 ET WASHINGTON — Not every part of the nation's economy is sagging, despite all the grim news: Exports are surging. more Seven Ways to Make E-Marketing Work in a Tough Economy 11 May 08, 07:03 ET In a challenging economy, you must find new ways to make marketing work more effectively, get more out of marketing investments, and measure and account for marketing decisions. In short, you must make changes. Doing the same things in an uncertain economic environment and expecting the same results is, at worst, a definition of marketing insanity. more Abu Dhabi's $105 Billion Economy Could Triple by 2025 11 May 08, 06:48 ET ABU DHABI, (Reuters) - The $105 billion economy of Abu Dhabi, the world's fifth-largest oil producer, could triple in value during the next 17 years, ... more Economy colors W.Va. Democrats’ views 11 May 08, 06:45 ET BY BOB DART COX NEWS SERVICE PHILIPPI, W.Va. — In a state where Democrats outnumber Republicans two to one, Hillary Rodham Clinton is likely to post a ... more Older retail area struggles with slumping economy 11 May 08, 06:40 ET NORTH RANDALL (AP) - What was once called the "world's largest shopping" center has become a cavernous echo chamber, and the Cleveland-area cinema nearby ... more Mom may get less because of slower economy 11 May 08, 06:31 ET AP CINCINNATI (AP) - Flowers, jewelry and dinner may not be in the cards for mom this year. Instead, some analysts expect that consumers feeling the pinch ... more London faces brunt of job cuts as economy weakens 11 May 08, 05:55 ET LONDON (Bloomberg) – London’s financial-services industry will cut 10000 jobs in the next three years as banks and insurers respond to the global credit ... more Won's Plunge, Rising Oil Costs Trouble Economy 11 May 08, 05:45 ET By Na Jeong-ju The plunge in the value of the local currency is pushing up costs for households as well as many firms that are heavily dependent on imports ... more Valley's economy is slowing down 11 May 08, 05:43 ET Housing prices are in a slump and, with more people out of work, jobless rate reaches 5.3 percent. By Gregory Karp | Of The Morning Call Housing prices are ... more Orange Beach rethinks spending in troubled economy - Press-Register 11 May 08, 05:37 ET By RYAN DEZEMBER ORANGE BEACH Over the past decade, it seemed that this resort city, flush with the spoils of a booming real estate market and a lucrative ... more Orange Beach rethinks spending in troubled economy 11 May 08, 05:20 ET By RYAN DEZEMBER ORANGE BEACH Over the past decade, it seemed that this resort city, flush with the spoils of a booming real estate market and a lucrative ... more Moms still get to dine out despite lousy economy 11 May 08, 05:04 ET Even when times are tough, it seems that people still find the money to take their moms out for Mother's Day, Chicago restaurant owners say. "I think people don't care [about the economy] because it's their mother," says Jim Dragatsis, owner of Marigold. more Eye-to-eye ends with the economy 11 May 08, 04:52 ET By Michael Mishak The campaign for Nevada’s 3rd Congressional District is just beginning, as Republican Rep. Jon Porter and Democratic state Sen. ... more Tough economy threatens lifeline for at-risk babies 11 May 08, 04:37 ET By Laura Ungar • lungar@courier-journal.com • May 11, 2008 Lareka Killebrew spent six months on bed rest during her last pregnancy, her blood pressure ... more Readers' Comments Swan wants to patch economy 11 May 08, 04:31 ET By Glenn Milne SO YOU thought Wayne Swan saw himself as Treasurer? Wrong. Wayne relates more to "Bob the Builder" of kiddy video fame. How do we know this? ... more China plans Tibet power line to boost economy 11 May 08, 04:25 ET China plans to build a power transmission line from northwestern Qinghai province to the troubled province of Tibet in a bid to boost the region's economy, ... more Don't risk TO's economy 11 May 08, 03:23 ET By Mark T. Jessee and Janet Levett Just down Highway 101 a few miles, the city of Ventura is reducing services to deal with a $4 million shortfall in next ... more Abu Dhabi's $105 bln economy could triple by 2025 11 May 08, 03:16 ET ABU DHABI, May 11 - The $105 billion economy of Abu Dhabi, the world's fifth-largest oil producer, could triple in value during the next 17 years, underpinned by energy sales and investment, state-owned Emirates News Agency reported. more Forecast does not mean our state's economy is doomed 11 May 08, 03:16 ET By STATE SEN. RANDY McNALLY • May 11, 2008 On May 1, our State Funding Board released a gloomy, revised economic forecast for Tennessee. ... more Survive the Bad Economy - Fight Back for Free... Massive ... 11 May 08, 03:16 ET In these hard economic times, it's nice to find a website that provides hope and motivation - for Free. Beloit, WI, May 11, 2008 --(PR.com)-- Gas prices up; ... more The Public Editor: Bee's coverage of a weak economy is mostly strong 11 May 08, 03:16 ET By Armando Acuña - publiceditor@sacbee.com In the 1958 B-grade movie "The Blob," a tiny Jello-like alien life-form grows and grows, consuming human morsels ... more Giving is a priority despite economy 11 May 08, 03:10 ET By Amy Lynn Smith Many of General Motors Corp.'s philanthropic contributions have given a direct boost to Detroit cultural institutions, public policy and ... more Housing pain ripples throught economy 11 May 08, 03:08 ET Homeowners aren’t the only ones getting slammed by the mortgage crisis. It’s hitting furnishing stores, building suppliers and trade workers—roofers, ... more Greenwich residents feel sting of higher costs, slow economy 11 May 08, 02:57 ET By Martin B. Cassidy GREENWICH - In recent months, Timothy Cerniglia has noticed the cost of the groceries he buys every two weeks at Stop & Shop has jumped ... more Home dining has edge in economy 11 May 08, 02:55 ET MILWAUKEE -- It's almost Mother's Day, and Robert Jenkins jumps every time the phone rings. He has about 220 reservations at his Cajun-style restaurant, Bayou, for brunch on Sunday. Last year, he had 300 reservations -- but because the economy is sagging, business is down. more Voters expect next US President to fix the economy 11 May 08, 02:53 ET Washington, May 11: Americans are expecting the next president to provide economic relief, but a distinguished University of Mississippi economics professor ... more Coach Inc. thriving despite economy 11 May 08, 02:46 ET By Andrew Leckey Question: With all the recession worries, what are the prospects for my shares of Coach Inc.? — FV, via the Internet Answer: Though nearly ... more Schools hurt by souring economy 11 May 08, 02:37 ET By Monte Whaley and Jeremy P. Meyer Voters in most of Colorado's largest school districts will be asked to dig into their pockets this fall to help schools ... more Good news on US economy miraging weakness: experts 11 May 08, 02:33 ET WASHINGTON (AP): The US unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. ... more Economy: US Productivity Advances 1.9 Percent 11 May 08, 01:49 ET This week, the Department of Labor reported productivity in the nonfarm private business sector increased at a 2.2 percent annual rate in the first quarter ... more Economy has effect on Catholic school enrollment 11 May 08, 01:45 ET Officials of some Catholic schools in the county say their buildings are feeling the pinch of a sluggish economy, while others are maintaining their enrollment levels. more Economy and the World in Crisis: Gas, Food, Thought 11 May 08, 01:43 ET Crisis is defined first as a "turning point" and secondly as a "crucial situation." Currently the world is deep into the latter as it relates to energy and ... more Economy: US Trade Deficit Falls to 58.2 billion in March, Lowers ... 11 May 08, 01:43 ET Friday, the Commerce Department reported the March deficit on trade in goods and services was $58.2 billion. This was down from $61.7 billion in February ... more Sinking feeling about the British economy (Guardian Unlimited) 11 May 08, 01:41 ET europinions finance is a UK based personal finance news provider offering breaking news on the issues that are most important to you. ... more Opponents mindful of economy 11 May 08, 01:22 ET By Doug Myers and Daralyn Schoenewald Backers of building a youth sports complex in north Abilene resoundingly struck out Saturday, as voters said no to ... more Economy now the major concern 11 May 08, 01:21 ET It was no surprise when the economy of this country topped Iraq as the number one concern among Americans. more Slow economy equals payout requests from struggling tenants 11 May 08, 01:15 ET As we continue to experience the slowdown of our economy and the word "recession" continues to become part of our daily vocabulary, commercial tenants have ... more VIEWPOINT: Minnesota must takes steps to protect farm economy 11 May 08, 01:04 ET By Matt Entenza and Tracy Beckman, ST. PAUL — Minnesota agriculture is riding high — perhaps too high for the ride to be sustained. ... more Editorial: Mixed report on region's economy 11 May 08, 00:59 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 STAMP OUT HUNGER: Economy highlights food drive’s need