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Economic News
Economic news from around the world is available in this section of our site. Be informed about what will affect your future plans, today, in concise one hundred word articles.
Surge in gas prices could be short-lived
- By Katrina V. Dayrit
- Published 02/24/2008
- Economic News
- Unrated
Gas prices jumped Friday to their highest level since June.
One in 10 home loans is under water
- By Katrina V. Dayrit
- Published 02/22/2008
- Economic News
- Unrated
Moody’s Economy.com said one-tenth of U.S. homeowners hold mortgages larger than the worth of their homes.
Asia mildly affected by US consumer confidence
- By Katrina V. Dayrit
- Published 02/18/2008
- Economic News
- Unrated
Asian stocks traded at levels near to Friday’s close.
Industrial output continues to be weak
- By Katrina V. Dayrit
- Published 02/17/2008
- Economic News
- Unrated
Analysts said the poor performance was the latest sign that the economy has slowed significantly.
Arnold Schwarzenegger signs budget cuts
- By Katrina V. Dayrit
- Published 02/17/2008
- Economic News
- Unrated
The California governor warned that more spending cuts would be needed.
Rates on 30-year mortgages rise
- By Katrina V. Dayrit
- Published 02/15/2008
- Economic News
- Unrated
The rates rose to the highest level in 5 weeks but remained below the 6% level.
Retail sales strong in January
- By Katrina V. Dayrit
- Published 02/13/2008
- Economic News
- Unrated
Economists saw the increase as a temporary blip rather than a sustained recovery.
US budget deficit at faster pace
- By Katrina V. Dayrit
- Published 02/12/2008
- Economic News
- Unrated
It is running at a pace more than twice last year’s imbalance.
President Bush acknowledges economic uncertainty
- By Katrina V. Dayrit
- Published 02/12/2008
- Economic News
- Unrated
Bush called on Congress to do more to help people and businesses.
Poll says many believe US already in recession
- By Katrina V. Dayrit
- Published 02/10/2008
- Economic News
- Unrated
A survey suggests that 61% of the public the economy is already suffering a recession.