U.S. Economy
The US economic growth is all set to slow down during the first half of 2008, as the possibility of a recession is increasingly becoming likely. This has been the projection made by a large number of economists surveyed by Blue Chip. The US economy...
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The Federal Reserve says industrial output rose in July at a slightly better pace than expected as a further rebound in the auto industry offset a big plunge in output...
made popular Aug 15 2008
The Federal Reserve says banks borrowed slightly more over the past week from its emergency lending program while Wall Street firms did not draw any loans for a second...
made popular Aug 14 2008
The Federal Reserve has auctioned another $25 billion in loans to the nation’s banks in an effort to combat a serious credit squeeze.
made popular Aug 12 2008
Stocks have ended the day higher but well off their peak after the price of crude oil pulled off its lows and the Federal Reserve said more banks are tightening lending...
made popular Aug 11 2008
Stocks gave up their biggest gains Monday as the price of crude oil came off its lows and the Federal Reserve reported that more banks are tightening lending...
made popular Aug 11 2008
The Federal Reserve is reporting that more banks are tightening lending standards on home mortgages, consumer and business loans as a deepening credit crisis exerts a...
made popular Aug 11 2008
The Federal Reserve is reporting that more banks are tightening lending standards on home mortgages, consumer and business loans as a deepening credit crisis exerts a...
made popular Aug 11 2008
The Federal Reserve says consumers boosted their borrowing in June at the fastest pace in seven months.
made popular Aug 7 2008
For a second straight meeting, the Federal Reserve has decided to remain on the sidelines and leave interest rates alone. In the opinion of many economists, that stance...
made popular Aug 6 2008
Treasury bond prices showed little reaction Tuesday to the Federal Reserve’s widely expected decision to leave short-term interest rates unchanged, but still...
made popular Aug 5 2008
Confronted by problems at every turn _ rising unemployment, shaky growth, credit troubles and creeping inflation _ the Federal Reserve left an important interest rate...
made popular Aug 5 2008
Wall Street has barreled higher, lifting the Dow Jones industrials about 330 points after the Federal Reserve eased investors’ fears about the economy. The Fed...
made popular Aug 5 2008
Wall Street has held on to its big gains after the Federal Reserve left interest rates unchanged and issued a mixed view of the economy. Although the Fed warned in a...
made popular Aug 5 2008
The Federal Reserve, confronted with the perils of a slumping economy and rising inflation, has decided for a second straight meeting to leave interest rates...
made popular Aug 5 2008
Wall Street is up sharply in early trading as investors await the Federal Reserve’s meeting on interest rates and eye with cautious optimism the declining price...
made popular Aug 5 2008
Banker Elizabeth Duke was sworn in as a member of the Federal Reserve, which has been battling housing, credit and financial crises with a short staff.
made popular Aug 5 2008
Wall Street headed for a higher open Tuesday as investors awaited the Federal Reserve’s meeting on interest rates and eyed with cautious optimism the declining...
made popular Aug 5 2008
The Federal Reserve has a new member.
made popular Aug 5 2008
Wall Street headed for a higher open Tuesday as investors awaited the Federal Reserve’s meeting on interest rates and eyed with cautious optimism the declining...
made popular Aug 5 2008
The chairman of the Senate’s investigations subcommittee said Monday he supports the Federal Reserve’s proposed restrictions on credit card practices, but...
made popular Aug 5 2008
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Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government’s closely watched report Thursday showed continued weakness in...
made popular Jul 4 2008
The current economic situation of the world seems to be iterating the fact that the new world is now recognizing the capabilities and potentials of the third world...
made popular Jan 31 2008
Asian markets plunged on Wednesday on speculation that the US economy is sliding into a recession that could lead to a global slowdown.
made popular Jan 17 2008
China reacting to the recent policy development in Washington advised the US Congress on Thursday to stay away from a planned bill that might lead to tariffs on its...
made popular Jun 15 2007
The Federal Reserve in its latest Beige Book report on the economy gave a more encouraging assessment of US regional economies, as manufacturing and job growth picked...
made popular Jun 14 2007
The US Congress last night increased pressure on the White House to enforce protectionist measures against Chinese imports after the Bush administration shown its...
made popular Jun 14 2007
The US government has reported a $67.70 billion budget deficit in May; marking a 58 percent increase from the deficit of $42.91 billion posted a year before in May...
made popular Jun 13 2007
The US trade deficit narrowed sharply as exports reached a record in April, according to the latest government figures that augured well for the American economy. The...
made popular Jun 9 2007
A lethargic first quarter economic growth compelled the Bush administration to lower its US economic growth estimate for 2007. The White House has announced that it...
made popular Jun 7 2007
The US worker productivity grew at a slower pace than the government initially estimated in the first quarter, driving up labor costs and strengthening concerns about...
made popular Jun 7 2007
The US businesses boosted their capital spending in April as new orders for manufactured durable goods to American factories increased by 0.3 percent in April, marking...
made popular Jun 5 2007
The US economy strengthened in May, as a robust job growth encouraged consumers to give a boost to their spending regardless of the housing slump and high energy...
made popular Jun 2 2007
The US Treasury Secretary Henry Paulson, concluding a meeting with China’s top level delegation, said the negotiations have produced ‘tangible...
made popular May 23 2007
In an unprecedented development that highlights Beijing’s yearning to strike into the private equity boom, the Chinese government has decided to invest $3 billion...
made popular May 21 2007
Amid intensifying economic dispute between China and the US, China’s central bank announced that it would begin allowing the country’s currency to fluctuate...
made popular May 19 2007
Federal Reserve Chairman Ben Bernanke has said that the financial system can survive the fallout from the subprime-mortgage market ‘without serious...
made popular May 18 2007
The condition of the US housing market was uncertain after a mixed bag of government report showed the pace of home construction rising by more than expected in April...
made popular May 17 2007
US retail sales surprisingly slumped 0.2 percent in April after a revised 1 percent gain the prior month, the US Commerce Department said. Compared with a year ago,...
made popular May 12 2007
The US trade deficit surged unexpectedly to beat expectations in March to $63.9 billion, as higher oil prices helped drive total imports to the second highest on...
made popular May 11 2007
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Ben Bernanke Business Chinese economy Commerce Department Federal Reserve george Bush global economy Henry Paulson Housing Sector inflation interest rate interest rates Jobs recession subprime mortgage Trade Deficit Trade Dispute unemployment United States WTO
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