NEW YORK, Dec. 5, 2008 (Reuters) — The Dow and S&P 500 fell by 3 percent on Friday, as a bleak jobs report showed a further deterioration of the U.S. economy. ... > full story
NEW YORK/LONDON, Dec. 5, 2008 (Reuters) — The U.S. economy hemorrhaged more than half a million jobs in November, data showed on Friday, underscoring the depth of a global recession that this week prompted historic interest rates worldwide. ... > full story
LONDON, Dec. 5, 2008 (Reuters) — Oil fell toward $42 a barrel on Friday, sinking to its lowest level since January 2005, after a U.S. government report showed more than half a million Americans lost their jobs last month. ... > full story
ROCHESTER, New York, Dec. 2, 2008 (Reuters) — The United States does not face a high risk of Japan-style deflation and ought to spell out a target for prices to keep this threat at bay, two top Federal Reserve policy-makers said on Tuesday. ... > full story
WASHINGTON, Dec. 1, 2008 (Reuters) — Factory activity dropped in November to its weakest level since the 1981-1982 recession and construction spending slumped in October, data showed on Monday, fanning fears of a protracted economic downturn. ... > full story
NEW YORK, Nov. 26, 2008 (Reuters) — Consumer confidence fell to a 28-year low in November as mounting job losses, falling incomes and tumbling household wealth battered sentiment, a survey showed on Wednesday. ... > full story
LONDON, Nov. 22, 2008 (Reuters) — President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ... > full story
Nov. 21, 2008 (Reuters) — Goldman Sachs on Friday lowered its U.S. growth forecast citing a fiscal policy stagnation, record increase in unemployment and a sharp decline in profits, deepening and extending the expected recession. ... > full story
EVANSVILLE, Ind./TOKYO, Nov. 21, 2008 (Reuters) — U.S. Federal Reserve and Bank of Japan officials said they were on alert for signs of deflation and grappling with how the central banks would keep it at bay as interest rates approach zero. ... > full story
EVANSVILLE, Indiana, Nov. 21, 2008 (Reuters) — Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday. ... > full story
Copyright Reuters 2008. See Restrictions for more details.
Bush Signs Unemployment Benefits Extension Nov. 21, 2008 (KFBX-AM 970, Fairbanks) — It gives seven more weeks of unemployment payments to workers who have exhausted their current jobless benefits. President George W. Bush on Friday ...
UPDATE 1-Aruba Q1 tops Street; to cut … Nov. 20, 2008 (TMCnet.com) — Q1 EPS $0.02 vs estimate $0.01 * Revenue up 12 pct to $52.4 mln * To reduce operating expenses by about 10 pct * To incur costs related to job cuts ...
Fund Times: Layoffs Mount in Mutual Fund Industry  Nov. 20, 2008 (Morningstar) — The global market turmoil is taking its toll on the U.S. mutual fund industry, forcing more firms to lay off employees.. . BlackRock plans to cut ...
Mexico unemployment rate 4.11 pct in October Nov. 20, 2008 (CNBC) — Mexico's jobless rate was 4.11 percent in October, in line with expectations, the national statistics agency said on Thursday. A Reuters survey of ...
Subscribe
Print
Email
Bookmark
