Weak dollar costs U.S. economy its No. 1 spot
The U.S. economy lost the title of "world's biggest" to the euro zone this week as the value of the dollar slumped in currency markets.
http://www.reuters.com/article/idUSL1491971920080314
U.S. faces severe recession: NBER's Feldstein
The United States is in a recession that could be "substantially more severe" than recent ones, National Bureau of Economic Research President Martin Feldstein said on Friday.
http://biz.yahoo.com/rb/080314/usa_economy_feldstein.html?.v=1
Bear Stearns gets emergency funds
US bank Bear Stearns has got emergency funding, in a move that raises fears that one of Wall Street's biggest names is on the verge of collapsing.
http://news.bbc.co.uk/1/hi/business/7296678.stm
Stocks tumble on Bear Stearns rescue news
News that Bear Stearns Cos. was set to receive a financial rescue sent U.S. stocks into a freefall in early Friday trade, plunging the three major indexes more than 2% down before the market stabilized and moved off its lows.
http://tinyurl.com/ytlzhp
Fears mount over US economy
The US economy has been hit by a new series of setbacks, with a slump in consumer spending, another drop in the dollar and oil prices hitting a new record increasing fears of recession.
http://tinyurl.com/2vfyoe
Recession Time
How bad will this downturn get? No one can know because we've never experienced such a headlong slide in the housing market.
http://tinyurl.com/2cf4xe
Tent city highlights US homes crisis
The meltdown in the US mortgage market has led to record foreclosures and forced thousands from their homes. In few places is it worse than southern California, where the BBC's Rajesh Mirchandani reports on an extreme consequence of the downturn, but one that some observers fear could grow.
http://news.bbc.co.uk/1/hi/world/americas/7297093.stm
SWAT teams disperse crowd of hundreds awaiting housing applications
Judith Aigen, executive director of the housing authority, said the crowd surged forward when told applications only remained for the disabled. She said mothers with children and people in wheelchairs were nearly crushed.
http://tinyurl.com/yseej3
Price Of Bread Goes Up
Prices for bread and pasta have jumped after flour costs doubled in less than a week. Cynthia Bowers reports on how manufacturers and consumers are feeling the real consequences of inflation.
http://tinyurl.com/2cyg2e
Could we really run out of food?
Biofuel production, poor harvests and emerging nations' growing appetites are emptying the world's pantry, sending prices soaring. It's a good time to invest in agricultural stocks.
http://tinyurl.com/386fqt
From Information Clearing House
http://freepage.twoday.net/search?q=weak+dollar
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=foreclosure
http://www.reuters.com/article/idUSL1491971920080314
U.S. faces severe recession: NBER's Feldstein
The United States is in a recession that could be "substantially more severe" than recent ones, National Bureau of Economic Research President Martin Feldstein said on Friday.
http://biz.yahoo.com/rb/080314/usa_economy_feldstein.html?.v=1
Bear Stearns gets emergency funds
US bank Bear Stearns has got emergency funding, in a move that raises fears that one of Wall Street's biggest names is on the verge of collapsing.
http://news.bbc.co.uk/1/hi/business/7296678.stm
Stocks tumble on Bear Stearns rescue news
News that Bear Stearns Cos. was set to receive a financial rescue sent U.S. stocks into a freefall in early Friday trade, plunging the three major indexes more than 2% down before the market stabilized and moved off its lows.
http://tinyurl.com/ytlzhp
Fears mount over US economy
The US economy has been hit by a new series of setbacks, with a slump in consumer spending, another drop in the dollar and oil prices hitting a new record increasing fears of recession.
http://tinyurl.com/2vfyoe
Recession Time
How bad will this downturn get? No one can know because we've never experienced such a headlong slide in the housing market.
http://tinyurl.com/2cf4xe
Tent city highlights US homes crisis
The meltdown in the US mortgage market has led to record foreclosures and forced thousands from their homes. In few places is it worse than southern California, where the BBC's Rajesh Mirchandani reports on an extreme consequence of the downturn, but one that some observers fear could grow.
http://news.bbc.co.uk/1/hi/world/americas/7297093.stm
SWAT teams disperse crowd of hundreds awaiting housing applications
Judith Aigen, executive director of the housing authority, said the crowd surged forward when told applications only remained for the disabled. She said mothers with children and people in wheelchairs were nearly crushed.
http://tinyurl.com/yseej3
Price Of Bread Goes Up
Prices for bread and pasta have jumped after flour costs doubled in less than a week. Cynthia Bowers reports on how manufacturers and consumers are feeling the real consequences of inflation.
http://tinyurl.com/2cyg2e
Could we really run out of food?
Biofuel production, poor harvests and emerging nations' growing appetites are emptying the world's pantry, sending prices soaring. It's a good time to invest in agricultural stocks.
http://tinyurl.com/386fqt
From Information Clearing House
http://freepage.twoday.net/search?q=weak+dollar
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=foreclosure
rudkla - 14. Mär, 23:54
