02
Jan
Governors ask Uncle Sam for $1 trillion
Filed Under (Economic) by on 02-01-2009
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02
Jan
Obama to meet with Pelosi, Reid on stimulus
Filed Under (Economic) by on 02-01-2009
President-elect Barack Obama will meet with House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid Monday to discuss his proposal for the new economic stimulus plan, which leaders are now referring to as an "economy recovery plan," a Senate Democratic leadership aide said Friday.
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02
Jan
Gas prices on the rise
Filed Under (Economic) by on 02-01-2009
Gas prices increased for the third straight day Friday, to an average of $1.626 for a gallon of regular unleaded gas, according to motorist group AAA. That's nearly a one-cent jump from the previous day's average of $1.618.
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02
Jan
Thousands of stores to disappear
Filed Under (Economic) by on 02-01-2009
The ugly sales year that was 2008 will haunt U.S. retailers in 2009, with industry experts warning that disastrous holiday sales will spark a domino effect of store closures and bankruptcy filings.
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02
Jan
In saving the world, the Fed wins
Filed Under (Economic) by on 02-01-2009
With a new year of recession-fighting upon us, it's a fitting time to do a performance evaluation of America's policymakers. How well did they handle a true crisis? The credit-market crisis that erupted in early September has been aptly described as a once-in-a-lifetime event that quickly reverberated through the global financial system, bringing it uncomfortably close to a complete meltdown. Along the way, it wreaked havoc with economic growth, throwing most of the industrialized economies into a deep recession.
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02
Jan
Manufacturing index at 28-year low
Filed Under (Economic) by on 02-01-2009
A key index of the nation's manufacturing activity fell to a 28-year low in December, according to a report released Friday.
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02
Jan
In saving the world, the Fed beats Treasury
Filed Under (Economic) by on 02-01-2009
With a new year of recession-fighting upon us, it's a fitting time to do a performance evaluation of America's policymakers. How well did they handle a true crisis? The credit-market crisis that erupted in early September has been aptly described as a once-in-a-lifetime event that quickly reverberated through the global financial system, bringing it uncomfortably close to a complete meltdown. Along the way, it wreaked havoc with economic growth, throwing most of the industrialized economies into a deep recession.
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