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| Economy News |

Bernanke Says Fed Ready To Act To Bolster Economy
Wall Street Journal - Aug 27, 2010
msnbc.comHe signaled, however, this may not be predestined because, despite the recent slowdown, the US economy is expected to continue to grow in 2011 and in Stocks Advance, Treasuries Give on Bernanke, EconomyBen Bernanke speech: Federal Reserve ready to act if economy worsensBernanke Says The Economy Remains Powerless - -all 2,093 news articles »
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Crude Oil Heads for Third Weekly Decline on Slowing Economy
BusinessWeek - Aug 27, 2010
Moneycontrol.comOil pared losses as Japan pledged to take proceeding to jump start a slowing economy. Prices are set for a drop this week after gains in US crude inventories, Crude Rises for Later Day; US Labor Report Eases Concern About EconomyOIL FUTURES: Crude Futures Remain Down After Bernanke SpeechUS immature shifts higher, gets lift from Wall Street - -all 1,389 news articles »
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The Pittsburgh Pirate Economy
New York Times (blog) - Aug 27, 2010
Today's concept: Pirates — as in the Pittsburgh Pirates – symbolize the American economy, a business writer says. By not investing their gelt in new talent, and more »
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Shaky economy alters tax-cut dynamic in Congress
Washington Post - Aug 27, 2010
With the economy like a shot weakening, some senior Democrats are having second thoughts about raising taxes on the nation's wealthiest Warm Are More Sensitive to Tax Increases Today, Zandi saysNot Even Bush Can Save Democrats From the Failing EconomyBeyond Messaging: Obama's Course to Jump Starting The Economy Without Congress - -all 237 news articles »
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Q2 GDP Up Just 1.6 Percent: Is the Economy Still Recovering?
Newsweek - Aug 27, 2010
Moneycontrol.comHere's what it might indicate for the economy. The culprits in today's downward revision are weaker exports and low business investment, explains Daniel US GDP expansion revised down to 1.6 percent as economy coolsU.K. Economy Expands More Than ExpectedEconomy grows at fastest pace for nine years - -all 874 gossip articles »
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Gold rises a bit before another reading on economy
MarketWatch - Aug 27, 2010
Reuters (swarm release)NEW YORK () -- Gold prices edged higher on Friday ahead of the government's latest gauge of US economic growth from April through June. Gold Rises, Heads for Fourth Weekly Gain, on Commodities DemandPRECIOUS METALS: Gold Futures Nick Back After Bernanke SpeechGold Weakens 2nd Day in Asia After Advance to Two-Month High Spurs Selling - -all 483 talk articles »
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Production Probably Rose, Prices Fell: US Economy Preview BusinessWeek
13.06.10
By Timothy R. Homan June 13 (Bloomberg) -- Factories kept churning out more goods last month, while prices and haven construction fell, pointing to a manufacturing-led U.S. recovery that is not generating inflation, economists said before reports this week. “It’s categorically a sweet spot in terms of continuing growth without inflation,” said Brian Bethune, chief U.S. fiscal economist at IHS Global Insight in Lexington, Massachusetts. “Manufacturing is still in pretty good shape.” The miss to replenish depleted inventories, growing sales overseas and business investment in new equipment are putting American factories at the forefront of the rebound from the worst slump since the 1930s. A lack of inflation means the Fed has scope to keep the target interest rate near zero in coming months to stimulus growth. Manufacturers added 29,000 workers to payrolls in May, a fifth consecutive gain, the workweek lengthened and the undistinguished amount of overtime climbed to the highest level in two years, pointing to an acceleration on factory floors, data from the Labor Concern showed earlier this month.
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