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Minggu, 17 Juli 2011

Google Alert - Economic

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Romney video escalates assault on Obama economic policies
Washington Post
Before Romney arrived for his first of three events here Thursday, his campaign escalated its assault on Obama's economic policies, releasing a provocative new video featuring an emotional testimonial from a struggling New Hampshire real estate broker. ...
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Fed's Ben Bernanke opens door to further economic stimulus
Los Angeles Times
"The anticipated pickups in economic activity and job creation, together with the expected easing of price pressures, should bolster real household income, confidence and spending in the medium run," the Fed chairman told the House Financial Services ...
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Los Angeles Times
GOP flirts with blame for `economic catastrophe'
Washington Post (blog)
By Greg Sargent If the GOP doesn't agree to new revenues, and a compromise isn't reached to raise the debt ceiling, and the country defaults as a result, will Republicans take the blame for the ensuing economic catastrophe? There's a growing consensus ...
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Bank of Japan Upgrades Economic Outlook
New York Times
But the central bank warned that emerging nations faced a tough balancing act between curbing inflation and sustaining economic growth. It also reiterated that US balance sheet adjustments and Europe's debt woes were among risks to Japan's economic ...
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China's Stocks Rebound from Biggest Drop in Seven Weeks on Economic Growth
Bloomberg
(McCafferty's interview took place before China announced economic growth data. Source: Bloomberg) China's stocks rebounded from the biggest drop in seven weeks after the economy expanded more than estimated last quarter, easing concerns the central ...
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Economic development cut deeply in new Pa. budget
BusinessWeek
The 2011-12 DCED budget also created the $11 million Partnerships for Regional Economic Performance, which combined existing allocations for industrial development assistance, local development districts, small business development centers and ...
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Clinton in Greece to show US support for economic recovery plans
Washington Post
By Associated Press, ATHENS, Greece — US Secretary of State Hillary Rodham Clinton is in Greece to show American support for the financially troubled country's economic recovery plans. Senior US officials in Athens with Clinton say the secretary on ...
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Obama's Economic Policies Suffer Without Moral Guide: Ron Klain
Bloomberg
The science of economics rests on the idea that we are rational actors seeking to maximize our wealth. Economic policy making, similarly, seeks to maximize the financial well-being of the people affected by the policy, subject to distributional ...
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Pessimism deepens as economic concerns rise: Reuters/Ipsos poll
Reuters
By John Whitesides WASHINGTON (Reuters) - Americans are deeply pessimistic about the future as economic concerns rise and White House talks on raising the US debt limit sputter, according to a Reuters/Ipsos poll released on Wednesday. ...
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Rosengren Sees 'Very Slow' Economic Improvement, Need for Accommodation
Bloomberg
Rosengren forecast that economic growth will climb to a range of 3 percent to 3.5 percent in the second half of the year from about 2 percent in the first six months of 2011. "While this represents an improvement from the first half, it is still quite ...
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Asian Economic Data Boost Sentiment
TheStreet.com
The Chinese economic narrative continues to unravel as we had expected, and we suspect as policymakers would want it. GDP number overnight showed that the economy is decelerating but still growing at a strong pace. Inflation is still elevated but the ...
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EU Parliament Economic Leader Slams Germany Amid Stress Test Woes
Wall Street Journal
By Riva Froymovich Of DOW JONES NEWSWIRES BRUSSELS (Dow Jones)--The head of the European Parliament's economics committee criticized Germany's banking regulator in an interview Friday, and raised concerns that the European Banking Authority and its ...
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OIL FUTURES: Crude Choppy In Asia; Focus On US Economic Cues
Wall Street Journal
By Gurdeep Singh Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Crude-oil futures were little changed in Asia trade Monday after sharp losses overnight, as investors await economic data from the US later in the day to provide further trading cues. ...
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Nation faces deadly economic health risks
Atlanta Journal Constitution
Would failing to raise the debt ceiling result in a new economic meltdown and add billions of dollars to federal borrowing costs through higher interest rates ? Or will it herald a long-needed national reckoning that finally leads the nation out of its ...
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Bank of Korea Reduces Economic Growth Forecast for 2011 on Demand Slowdown
Bloomberg
By Eunkyung Seo - Fri Jul 15 01:45:16 GMT 2011 The Bank of Korea lowered its economic growth forecast for this year on an expected slowdown in domestic demand, while raising the projection of inflation to its target limit. South Korea's economy will ...
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Latin American trade pacts key to economic opportunity in Florida
MiamiHerald.com
BY RICK SCOTT While lawmakers in Washington have avoided making difficult choices, we in Florida have remained focused on solving our state's economic challenges — cutting state spending by reforming Medicaid and public pensions and passing a balanced ...
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Economic clean-up hitter
Boston Herald
Major US economic competitors such as China and Germany have jumped ahead in terms of support of clean economy development, according to the Washington nonprofit organization. "We risk giving away what should be a significant competitive advantage for ...
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Economics Journal: Mumbai 2011 – What is the Cost of Terrorism?
Wall Street Journal (blog)
By Rupa Subramanya Dehejia What are the economic consequences of acts of terror? Will terrorism affect India's growth story? India's financial and commercial capital was once again a target Wednesday. Three explosions killed almost 20 people and ...
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Asian Shares End Mostly Up; Strong China Economic Data Boost
Wall Street Journal
TAIPEI (MarketWatch) - Asian stocks ended higher Wednesday as robust economic growth and industrial production data from China helped shift investor focus away from European debt troubles. Hong Kong's Hang Seng Index climbed 1.2% to finish the day at ...
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Illinois metals company moving operations to Indiana
Chicago Tribune
AP ELKHART, Ind. -- The Indiana Economic Development Corp. says a producer of high-performance engineering alloys is moving its operations from Illinois to Indiana, creating up to 100 new jobs by 2014. THE IEDC said Saturday that Special Metals Corp. ...
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A look at economic developments and activity in major stock markets around the ...
Washington Post
BERLIN — Germany's Finance Ministry says this year's budget deficit is set to fall to 1.5 percent of gross domestic product on the backdrop of solid economic growth. BEIJING — Growth in China's foreign direct investment slowed further in June as the ...
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Treasury cash squeeze would wreak economic havoc
msnbc.com
"If there's no deal by early August," Capital Economics economists wrote in a recent research note, "the drop in other spending would, if it lasted more than a few days, drive the economy into recession." After scrambling for two months to buy more ...
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China Shares End Up; Good Economic Data Ease Hard-Landing Concerns
Wall Street Journal
SHANGHAI (Dow Jones)--China's shares ended higher Wednesday as official data showed stronger-than-expected economic growth in the second quarter, helping to ease worries over potential hard landing risks in the economy. "It seems that the market is ...
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Boushey Predicts `Economic Mess' if Debt Deal Not Made
Washington Post
July 15 (Bloomberg) -- Heather Boushey, senior economist at the Center for American Progress, Michael Sheldon, chief market strategist at RDM Financial Group, Alan Viard, an economist at the American Enterprise Institute, and Bloomberg's Peter Cook ...
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HK Shares End Flat In Cautious Trade; European, US Economic Concerns
Wall Street Journal
HONG KONG (Dow Jones)--Hong Kong shares ended flat Thursday as worries about the European debt crisis and the economic situation in the US resulted in traders adopting a generally cautious stance. The blue chip Hang Seng Index rose 13.32 points, ...
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Obama warns of economic doomsday
Sydney Morning Herald
WASHINGTON: The US President, Barack Obama, is pressing polarised legislators to avert what he called economic ''Armageddon'' by quickly forging a deal to prevent an early August debt default by the world's richest country. ''We're obviously running ...
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Sydney Morning Herald
States Can 'Ill Afford' U.S. Debt Default During Fragile Economic Recovery
Bloomberg
By Tim Jones - Fri Jul 15 18:51:20 GMT 2011 July 15 (Bloomberg) -- Utah Governor Gary Herbert, a Republican, talks about the outlook for an agreement to raise the US debt limit and the need to balance the nation's budget. Herbert speaks with Megan ...
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Economic woes threaten states' revenues: report
Reuters
"Strong gains in state tax collections since late 2010 have been driven by both economic growth and legislated tax increases," wrote the author of Rockefeller's study, Senior Policy Analyst Lucy Dadayan. "If the economy continues to show weakness ...
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Dollar, Franc Weaken on China's Economic Growth, Fed Minutes; Euro Rallies
Bloomberg
(Source: Bloomberg) The dollar weakened against all its most-traded counterparts as Federal Reserve Chairman Ben S. Bernanke said policy makers will provide economic stimulus if needed and investor demand for higher-yielding assets increased. ...
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RNC launches ad in four states hitting Obama
Boston Globe
Over ominous music, the ad intersperses clips of Obama talking about the measurements he uses to determine economic progress – for example, how many people can find jobs – with figures chronicling high levels of foreclosures, bankruptcies, ...
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Weekly Standard: A Bit Of An Economic Conflict
NPR
It's a curious position, given the anemic economic growth and rising unemployment. And it's even more curious considering that Obama himself has warned about the deleterious effects of raising taxes in a struggling economy. In August 2009, on a visit ...
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SBA Deadline for Economic Injury Disaster Loans in Pennsylvania is August 15
MarketWatch (press release)
"Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the August 15, 2011 deadline," said Frank Skaggs, director of SBA Field Operations Center East. ...
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Economic slump curbs Americans' summer travel
Reuters
Hit by the country's economic slow-down, a majority of Americans do not plan to travel this summer, and most of those who will won't be going far from home, according to a new poll. Over a third, or 34 percent, of people surveyed in a Marist poll said ...
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Reuters
TREASURIES-Debt, economic worries boost US bond prices
Reuters
On the economic front, a private report stoked worries that a deterioration in US consumer sentiment will cause a pullback in spending, tipping the economy into another recession just two years after recovering from the worst economic downturn in 70 ...
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Economic Uncertainty To Lift Gold Prices Next Week — Survey Participants
Forbes (blog)
To push beyond $1600, gold will need to see continued news stories regarding European debt concerns and domestic economic problems," he said. Those who see lower prices said they expect a US budget resolution before the deadline expires, which will see ...
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Forbes (blog)
CalPERS adds $12 billion to California economy, study says
Los Angeles Times
CalPERS' payments to 431000 retirees and beneficiaries living in California stimulated about $26 billion in total economic activity last year as the benefits were re-spent in the chain of commerce. That multiplier effect supported almost 94000 jobs, ...
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Los Angeles Times
Census Bureau: GOP Budget Guts Economic Data
Huffington Post
WASHINGTON -- The House Republican budget plan will do "irrecoverable" damage to the nation's economic data, the Census Bureau warned in a harsh internal assessment obtained by The Huffington Post. Economists and statistics experts had already sounded ...
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How Google and Data-Mining Drive Economic Inequality in Our Nation
Huffington Post
This is the first part in a three-part series that will run this week at HuffPost on why lost privacy online matters for economic equity in our economy. Why has economic inequality increased so radically in the United States over the last generation? ...
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U.S. May International Trade in Goods and Services (Text)
Bloomberg
The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced today that total May exports of $174.9 billion and imports of $225.1 billion resulted in a goods and services deficit of $50.2 billion, ...
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Few Americans Fear 'Economic Catastrophe' If Debt Ceiling Not Raised: Poll
Huffington Post
Of the 22 percent of Americans who want the federal government to raise the debt ceiling, less than a third say that "economic catastrophe" would result from not doing so, according to a Gallup poll released Wednesday. The poll examines Americans' ...
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Watching Nuts and Bolts for Economic Clues
Wall Street Journal
So if anyone should suffer from even a small hiccup in economic output, it would seem a prime candidate. Yet Fastenal shares are up 21% since January. And they have jumped nearly 15% since early June alone, when the company posted surprisingly strong ...
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Illinois 'Jobs Now!' Economic Stimulus Plan Upheld by State Supreme Court
Bloomberg
By Andrew Harris and Tim Jones - Mon Jul 11 17:23:19 GMT 2011 Illinois Jobs Now!, the $31 billion economic stimulus package of Governor Pat Quinn, was upheld by the state Supreme Court in a ruling on the legality of the legislation that created the ...
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Fed on Hold Longest Since 1940s as Curve Shows Slow Growth
BusinessWeek
By Daniel Kruger July 11 (Bloomberg) -- The Federal Reserve may keep interest rates at record lows for the longest period since World War II as the economic slowdown that sparked a four-month bond rally worsens, according to Treasury market signals. ...
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America in Weakest Economic Recovery Since 1948, New Report Documents
CNSNews
By Patrick Ryan (CNSNews.com) -- The United States is facing the weakest economic recovery in the post-World War II era -- the worst in over 62 years -- and this is happening despite the fact that the recession officially ended in June 2009, ...
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CIGNA Is First to Benefit from Connecticut's New "First Five" Economic ...
MarketWatch (press release)
CIGNA /quotes/zigman/222255/quotes/nls/ci CI +0.40% today announced it will receive $50 million in economic benefits from the Connecticut Department of Economic and Community Development and will add at least 200 jobs within the next two years, ...
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Flagler's smaller cities unite to boost economic development
Daytona Beach News-Journal
After some officials said they felt shut out of the county's public/private economic development agency, they formed a group called the Coalition of Flagler Cities. The group met for the first time Friday afternoon at Bunnell's community development ...
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Business Roundtable Details Economic Impact of New Ozone Regulations in Letter ...
MarketWatch (press release)
WASHINGTON, Jul 15, 2011 (BUSINESS WIRE) -- Business Roundtable, an association of chief executive officers of major US companies, today cautioned the Obama Administration against the economic harm that would result from enacting the Environmental ...
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Pensioners provide income to small towns: NIRS
Reuters
WASHINGTON (Reuters) - Struggling towns and small communities in the United States are finding economic security in their ranks of pensioners, a retirement expert told a Senate committee on Tuesday. "Pension payments are particularly vital to small ...
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With layoffs come cuts to job, economic development programs
The Connecticut Mirror
Dannel P. Malloy's new plan to balance the state budget also slices more than $25 million from over two dozen job training, economic development and tourism programs over this fiscal year and next. "As everyone knows, this was not the path we chose, ...
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