Archive for 'Economy'
Meltdown 101: When unemployment last hit 10 pct (AP)
Posted on 06. Nov, 2009 by Yahoo! News: Economy News.
AP - The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller."
Continue Reading
Dollar choppy after unemployment tops 10 percent (AP)
Posted on 06. Nov, 2009 by Yahoo! News: Economy News.
AP - The safe-haven dollar got an immediate boost Friday after the government said the U.S. unemployment rate rose above 10 percent, but then gave back its gains in choppy trading as investors figured that a weak economy meant the Federal Reserve would keep interest rates at their current near-zero range for a long time.
Continue Reading
Obama will push economic rebalancing on China trip (Reuters)
Posted on 06. Nov, 2009 by Yahoo! News: Economy News.
Reuters - U.S. President Barack Obama will seek to reinforce the U.S. desire for more balanced global growth during his trip to Asia this month, administration officials said on Friday.
Continue Reading
Brookfield Asset Management 3rd-qtr profit falls (AP)
Posted on 06. Nov, 2009 by Yahoo! News: Economy News.
AP - Brookfield Asset Management Inc. on Friday said its third-quarter profit fell 35 percent, as revenue declined, expenses rose and the company booked a charge of more than $192 million as the value of assets declined amid the weak economy.
Continue Reading
Stocks eye retailers as jobless ranks swell (Reuters)
Posted on 06. Nov, 2009 by Yahoo! News: Economy News.
Reuters - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.
Continue Reading
Sponsor Ad
Poll
Loading ...