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Minggu, 29 Mei 2011

Google Alert - Economic

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World stocks shake off tepid US economic news
BusinessWeek
On Wall Street, strong earnings helped push stocks higher Thursday, despite two reports suggesting the US economic recovery is slowing. Tiffany & Co. rose 8 percent after the company said its income rose 25 percent on higher revenue across all regions. ...
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Canadian Dollar Has Fourth Straight Weekly Drop on US Economic Slowdown
Bloomberg
By Catarina Saraiva - Fri May 27 21:14:51 GMT 2011 Canada's dollar fell for a fourth week, matching a stretch of losses in July 2009, as signs of a North American economic slowdown discouraged bets that the Bank of Canada will resume increasing ...
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US Stocks Rise as Corporate Profits Overshadow Economic Data
BusinessWeek
The S&P 500 fell 2.8 percent from an almost three-year high on April 29 amid concern about Europe's debt crisis and weaker- than-forecast economic data. Still, the benchmark gauge is up 5.4 percent from the end of 2010 amid government stimulus measures ...
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What Recovery? Hopes for Economic Rebound Fading
CNBC.com
"The economy appeared to have everything going for it as we entered the New Year," London-based Capital Economics said this week in an updated analysis of its 2011 outlook. "GDP growth had picked up over the closing months of last year, the activity ...
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Greece: Political Leaders To Meet On Economic Crisis
Wall Street Journal
ATHENS (Dow Jones)--Greece's political leaders are due to meet Friday in a fresh bid to reach consensus on the country's economic crisis, amid growing fears of early elections and new worries of a potential Greek default. The meeting, scheduled for ...
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S&P: Italy's Downside Economic Risks Have Increased
Wall Street Journal
By Christopher Emsden Of DOW JONES NEWSWIRES ROME (Dow Jones)--Standard & Poor's said Monday that downside risks for Italy's economic growth have increased even though the chance its sovereign credit rating is downgraded is fairly low. ...
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Global Economic Rebound Weakens on Quake, Oil Price, European Debt Crisis
Bloomberg
Goldman Sachs Group Inc. now expects global economic growth of 4.3 percent in 2011, compared with its 4.8 percent estimate in mid-April, while UBS AG has cut its projection to 3.6 percent from 3.9 percent in January. Downside risks also include a shift ...
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WORLD FOREX: Economic Gloom Stalks Dollar
Wall Street Journal
By Javier E. David Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Faltering US economic growth and gloomy labor-market data undercut the dollar Thursday, momentarily overshadowing the euro-zone debt crisis. The "ugly dog" contest in which the dollar has ...
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Saudi Shares Climb to 4-Month High as Oil Rises; Emaar Economic City Jumps
Bloomberg
Emaar Economic, a unit of Dubai's Emaar Properties PJSC, rose 9.5 percent, its largest gain since Nov. 29, 2008, to 8.10 riyals, after raising 5 billion riyals ($1.3 billion) from the Saudi government to finance construction of real-estate projects in ...
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Dollar Hit By Another Batch Of Disappointing Economic Data
Wall Street Journal
By Stephen L. Bernard Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--The dollar fell Friday after another batch of disappointing US economic data sparked concerns about slowing growth in the country. Diminishing expectations for growth likely mean the ...
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BOJ Open to Further Stimulus Measures
Wall Street Journal
Masaaki Shirakawa indicated Wednesday that he is open to additional steps to stimulate economic growth in the aftermath of the March 11 earthquake and tsunami, while saying that he sees some positive economic signs already emerging. ...
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Fed's Kocherlakota Lowers Forecast for Economic Growth, Urges Tightening
Bloomberg
By Steve Matthews - Wed May 25 18:57:29 GMT 2011 Federal Reserve Bank of Minneapolis President Narayana Kocherlakota trimmed his forecast for US economic growth and raised his outlook for unemployment slightly while reiterating his call for higher ...
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A look at economic developments around the globe
BusinessWeek
Weak US economic data further weighed on sentiment. Jean-Claude Juncker, the chairman of the Eurogroup, said in Luxembourg that the International Monetary Fund may have to hold back the next tranche of its funding for Greece, according to an analyst. ...
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Belarus Leader May Trade Rivals' Freedom for Aid
New York Times
By MICHAEL SCHWIRTZ MOSCOW — Facing a deepening economic crisis in Belarus, the country's authoritarian president, Aleksandr G. Lukashenko, indicated on Wednesday that he might free his imprisoned political rivals, a signal that he could be ready to ...
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US Stock Futures Steady Ahead Of Economic Data;Dollar Weakens
Wall Street Journal
On the economic front, data on personal income and spending for April are due at 8:30 am Eastern time. Then, shortly after the US stock market opens, reports on May consumer sentiment and April pending home sales will be released. ...
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Stocks edge up, shaking off weak economic news
USA Today
By Daniel Wagner, AP Signs of a sluggish economic recovery sent government bond yields to their lowest level in a year Thursday. But strong earnings and a plea to push Microsoft's CEO aside helped push stocks higher. Microsoft Corp. rose 2.6% after ...
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Nikkei edges lower on Sony, lingering economic uncertainty
Reuters
By Hideyuki Sano TOKYO, May 27 (Reuters) - The Nikkei stock average fell on Friday for its third straight week of losses, pulled lower by a drop in Sony Corp shares after the electronic giant's earnings outlook undershot analyst forecasts. ...
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On the Heels of Revolution, Economic Realities Arrive
New York Times
But a less appreciated facet is now emerging as perhaps the most vital: The economies of these countries and of the Arab world in general are some of the least integrated into the global economic system. Business and political leaders in the region, ...
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OIL FUTURES: Oil Ends Lower After Dim US Economic Data
Wall Street Journal
"The WTI was still seeing the effects of the negative economic data we saw this morning," said Tom Bentz, director of BNP Paribas Commodity Futures in New York, referring to the Nymex contract. The number of workers filing new claims for jobless ...
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BP asks judge to dismiss thousands of economic loss claims over oil spill
Washington Post
By AP, NEW ORLEANS — BP PLC is asking a federal judge to dismiss most of the court claims filed against the oil giant by businesses and individuals who say they suffered economic damage from last year's massive Gulf oil spill. ...
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Business Highlights
The Associated Press
___ Economies around the world are growing more slowly WASHINGTON (AP) — From the US to Europe and even to booming China, the global economic recovery is showing signs of strain. Most major economies are expected to keep growing, but evidence is ...
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Kerry: China must step up as economic superpower
Boston Globe
By Glen Johnson, Globe Staff Democrat John Kerry, chairman of the Senate Foreign Relations Committee, today said China must do more to halt the proliferation of nuclear weapons and promote human rights given its growing economic power. ...
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Treasury bond yields tumble on economic fears
Los Angeles Times
The spring rush to buy US Treasury bonds is turning into a stampede as continued weak economic data push more investors into haven-seeking mode. The yield on the 10-year Treasury note (charted below) slid under 3.10% on Thursday for the first time ...
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Stocks Slightly Higher Despite Weak Economic News
New York Times
By AP Stocks edged up despite two disappointing economic reports revealed a weak United States jobs market and sluggish overall growth. The Labor Department said more people applied for unemployment benefits last week, the first increase in three weeks ...
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Parks around the US face economic stress this Memorial Day
Christian Science Monitor
By Gloria Goodale, Staff writer / May 28, 2011 As Memorial Day vacationers head out to national and state parks across the country this weekend, looking for respite from urban woes, many will see signs of parks feeling economic stress. ...
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Christian Science Monitor
Obama to scale back regulations in effort to spur economic growth
Washington Post
By Zachary A. Goldfarb, The Obama administration announced 30 plans Thursday to scale back or eliminate hundreds of federal regulations and save American companies billions of dollars in unnecessary costs. The proposals, the latest attempt by the ...
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Analysis:Eroding EMU Economic Morale Flags Slowdown In Growth
IMarketnews.com
PARIS (MNI) - Much as expected, economic morale in the Eurozone eroded further in May, with declines in all main business sectors led by industry, the European Commission said Friday. Only consumers were less optimistic than in April. ...
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Asian Stocks Shrug Off Tepid US Economic Data
RTT News
(RTTNews) - Most Asian stocks rose for a second straight session Friday, with a positive close on Wall Street overnight despite disappointing economic data and modest price gains in commodities encouraging investors to go bargain hunting. ...
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US Stocks Remain Slightly Lower As Economic Data Is Mixed
Wall Street Journal
But the energy sector jumped 1.6% after Goldman Sachs raised its crude-oil price forecasts, saying global economic growth will continue to pressure spare capacity among major oil producers. The technology-heavy Nasdaq Composite fell eight points to ...
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Regional Fed Directors Saw Risks to Economic Growth, Inflation
Bloomberg
By Joshua Zumbrun - Tue May 24 18:00:00 GMT 2011 Directors at the Federal Reserve's 12 regional banks saw the US economic recovery "progressing" while noting risks from inflation and slower growth, according to minutes of Board of Governors' meetings ...
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Hospitals defend their economic role in state
Minneapolis Star Tribune
As the Legislature seeks to slash the amount the state spends on health care, the Minnesota Hospital Association is fighting back with an economic argument. Hospitals provide more than 4.4 percent of all jobs in Minnesota and nearly 6 percent of ...
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Report: Economic recovery uneven across Massachusetts
Boston Herald
"It is understandable that in many areas of the commonwealth the news of economic recovery is greeted with profound skepticism and the fact that Massachusetts is performing better than the nation as a whole is of little consolation to residents of ...
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Business Highlights
BusinessWeek
By AP WASHINGTON (AP) -- From the US to Europe and even to booming China, the global economic recovery is showing signs of strain. Most major economies are expected to keep growing, but evidence is mounting that many are struggling to expand as fast as ...
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IFR Preview-major US economic data for release May 25
Reuters
WHAT: Commerce Department Durable Goods, April WHEN: Wednesday 0830 EDT (1230 GMT) FORECASTS (pct) Reuters IFR Previous Durable goods -2.2 -1.7 +4.1 Durables ex-transport +0.5 +1.0 +2.3 Non-defense ex-air +0.2 +1.5 +4.3 IFR COMMENTARY: "We expect that ...
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Fabric Says Social-Media IPOs Fueling Economic Growth
Washington Post
May 25 (Bloomberg) -- Darren Fabric, managing director at IPOX Capital Management LLC, talks about the prospects for initial public offerings by Zynga Inc. and other social media startups. Zynga is the biggest maker of games on Facebook. ...
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$5 million Pow Wow revs city's economic engine
San Francisco Chronicle
For all the time the city spends on resolutions in support of a Palestinian state or whether a new North Beach Library should be built, we should never lose sight of the single economic engine that drives the city - tourism. Remember that the next time ...
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Commodity prices climb amid economic turbulence
Taipei Times
Commodity prices advanced during a volatile trading week in which investors weighed up the impact of weak US economic growth and an escalating European debt crisis on demand for raw materials. They also tracked signs of slowing output in ...
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Economic Crisis Unfurls in Hushed Suspense
New York Times
Michael Kinsley is a senior editorial adviser for Bloomberg View, a new opinion section of Bloomberg News. A version of this review appeared in print on May 23, 2011, on page C1 of the New York edition with the headline: Economic Crisis Unfurls In ...
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U.S. economic growth disappoints, holding steady at 1.8 percent
The Hill (blog)
By Peter Schroeder - 05/26/11 09:10 AM ET The US economy grew less quickly than expected in the first quarter of 2011, as new numbers indicate it grew by just 1.8 percent. That number represents the government's second estimate of first-quarter growth. ...
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Surviving deadly disasters and the economic crunch
Jamaica Gleaner
As the global economic recovery strengthens, we can, therefore, expect that prices will increase further, and this is why Goldman Sachs and other leading financiers have forecasted that prices could climb to as high as US$150 per barrel by 2012 or 2013 ...
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Denver mayoral candidate Hancock promotes urban gardens as economic engine
Denver Post
Rather than accept the traditional urban economic model of relying on food grown by outsiders and trucked in, Hancock envisions a system of hydroponic greenhouses growing fresh vegetables and herbs at a profit. "Denver residents spend over $6 billion ...
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Oswego Economic Development closing doors
Chicago Sun-Times
On April 19, the Oswego Village Board passed a budget that suspended any payments to the OEDC, pending an examination into whether the village could better attract news businesses to Oswego by forming an economic development department under the ...
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Romney: Obama's policies delayed economic recovery
DesMoinesRegister.com
President Obama's administration has added to business uncertainty and delayed economic recovery, Mitt Romney told agriculture business owners this morning. "That's one of my pet peeves of the current administration," Romney said. ...
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Obama will head back to North Carolina in June
MiamiHerald.com
By Barbara Barrett WASHINGTON — President Barack Obama will return to North Carolina in two weeks, when he is scheduled to visit the Triangle area — Raleigh, Durham and Chapel Hill — for a discussion about how the government can promote economic ...
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Novelist Nesbo hopes for economic doldrums
Reuters
By Edward McAllister NEW YORK, May 26 (Reuters) - Jo Nesbo, the Norwegian novelist, musician, economist and general winsome everyman, is hoping for a protracted economic recession, believing more people will read his books if the global economy remains ...
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For Republicans, Senate Freshman Portman Is Senior on US Economic Issues
Bloomberg
After less than a half-year as the junior senator from Ohio, Portman, 55, has become an unofficial point man for his party on economic issues, a trusted voice for presidential hopefuls and lawmakers on Capitol Hill on how to draw contrasts with ...
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Podcast: Signs of Economic Weakness, Groupon's Rise and Driverless Cars
New York Times (blog)
There are certainly some danger signs, and in the new Weekend Business podcast, I discuss some of them with David Leonhardt, a Times economics writer and a recent recipient of the Pulitzer Prize for commentary. He says a great deal of evidence suggests ...
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Cash outlook standing pat
Honolulu Star-Advertiser
By BJ Reyes Hawaii's recovery from the global economic recession is expected to continue in coming years and slowly begin a shift toward expansion, the state's top economists said Thursday in issuing a static economic forecast for the fiscal year. ...
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Gauge of Economic Activity Falls in April
ABC News
A gauge of US economic activity fell in April as the Japanese earthquake hurt auto production. The Federal Reserve Bank of Chicago says its index was minus 0.45 in April in contrast to a positive reading of 0.32 in March. It was the weakest reading ...
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