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Unemployment deepens

Posted by littlefairy 1186 days ago (http://news.cincinnati.com)
Category: Economy
As bad as it is already, the economy keeps getting worse - and government figures Thursday provided more evidence that the downward spiral won't end[...] read more »
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US economy shrinks 6.2% in fourth quarter

Posted by littlefairy 1186 days ago (http://www.channelnewsasia.com)
Category: Business
The US economy shrank 6.2 per cent in the fourth quarter, the government said on Friday in a sharp downward revision of a prior estimate of a 3.8 per[...] read more »
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Currency Trading News: Euro zone inflation falls

Posted by littlefairy 1186 days ago (http://freshpips.com)
Category: Economy | Tags: currency news forex news forex trading
Inflation in the 16 countries that use the euro tumbled to its lowest level for nearly a decade in January compared to a year ago, the European Union[...] read more »
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Economy slows retail development

Posted by littlefairy 1186 days ago (http://www.starbulletin.com)
Category: Economy | Tags: depression economy recessio retail sales
Hawaii retail developers are facing a harsh reality in the ongoing national credit crunch and depletion of consumer wealth. read more »
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Will economy record 7.1 per cent growth in current fiscal?

Posted by littlefairy 1186 days ago (http://economictimes.indiatimes.com)
Category: Economy | Tags: economic growth economy recession
With the economic growth crashing to over five-year lows of 5.3 per cent in the third quarter, there are apprehensions whether the economy would regi[...] read more »
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Swedish economy slumps 4.9 pct in 4th quarter

Posted by littlefairy 1186 days ago (http://www.iht.com)
Category: Economy | Tags: economy gdp pro recession sweden swedish
Sweden's economy contracted sharply by an annual 4.9 percent in the fourth quarter due to falling business inventories, exports and industrial produ[...] read more »
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The Associated Press: Wall Street points to flat open ahead of GDP data

Posted by littlefairy 1186 days ago (http://www.google.com)
Category: Economy | Tags: eco gdp investor recession us wallstreet
Wall Street signaled a flat open Friday as investors awaited a key government report on how the economy fared in the final three months of 2008. read more »
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Sluggish economy hasn’t slowed down runners or marathons

Posted by littlefairy 1186 days ago (http://www.star-telegram.com)
Category: Economy | Tags: economy recession
Some 15,000 participants will turn downtown Fort Worth into a runners’ fiesta Saturday morning during the 31st annual Cowtown. read more »
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Lowe’s 4Q earnings drop 60%

Posted by littlefairy 1192 days ago (http://www.bizjournals.com)
Category: Stocks
Lowe’s Cos. Inc.’s fourth-quarter earnings plummeted 60 percent as home-improvement shoppers stayed away from stores. read more »
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Wal-Mart Agrees To Pay $17.5 Million To Settle Race Bias Suit

Posted by littlefairy 1192 days ago (http://money.cnn.com)
Category: Business
Wal-Mart Stores Inc. (WMT) has agreed to pay $17.5 million to settle a class- action lawsuit accusing the world's largest retailer of discriminating against African-Americans in recruitment and hiring of truck drivers for its private fleet. read more »
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Forex News: US inflation falls to 0%

Posted by littlefairy 1192 days ago (http://www.freshpips.com)
Category: Economy
In a rather alarming turn of events, it has today been revealed that US inflation has fallen to 0% for last 12 months and would actually have fallen below zero had it not been for a rise in the cost of food and petrol. read more »
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U.S. Wants UBS to Break Swiss Law By Naming Clients, Bank Says

Posted by littlefairy 1192 days ago (http://www.bloomberg.com)
Category: Business
U.S. efforts to force UBS AG, Switzerland’s largest bank, to disclose the names of 52,000 American customers would require the bank to violate Swiss sovereignty and criminal law, bank lawyers said. read more »
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CPI Inches Higher In January

Posted by littlefairy 1192 days ago (http://www.forbes.com)
Category: Business
Despite a slight uptick in January consumer prices after three months of declines, investors are still worried about deflation and flocking to government debt. read more »
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Oil near $35 amid grim US economic news

Posted by littlefairy 1194 days ago (http://www.google.com)
Category: Business | Tags: commodities dollar economy f news oil us
Oil prices rose slightly to above $35 a barrel Thursday in Asia despite grim U.S. economic news that pointed to a deep recession and weaker crude demand. read more »
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U.S. Congress passes stimulus as EU recession deepens

Posted by littlefairy 1199 days ago (http://uk.reuters.com)
Category: Economy
The U.S. Congress passed a $787 billion (545.7 billion pound) stimulus plan to jump-start the economy on Friday, as G7 finance chiefs vowed to ward off the spectre of protectionism arising from deepening global recession. read more »
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