Worldwide Business News

Metals, Oil Down on Growth Concerns
Street.Com - Prices of precious metals moved lower Monday as concerns over a slowing U.S. economy, together with oil’s slight decline from its all-time high above $75, reduced market anxiety over inflation. Gold was recently trading down at around $626.7 per

Beauprez touts economy, set to launch campaign
Aurora Sentinel - LAKEWOOD | U.S. Rep. Bob Beauprez touted the nation’s growing economy on Jan. 9 as he prepared to launch his bid for governor, joining Commerce Secretary Carlos Gutierrez in cheering the news that the U.S. economy added 413,000 jobs over the past two

State economy steady but outlook bleak
Lexington Herald-Leader - PHILADELPHIA Pennsylvania s economy is chugging along, but rising gasoline prices and a slowing housing market could put a damper on future growth. Last month, the average price of regular unleaded gasoline reached $2.86 a gallon in the state

Income inequality isn’t all bad
kgw.com - Income inequality is having foundational effects on the economy some are good, and some are bad. None are to be ignored. How big is the income growth gap? Suffice it to say the very highest income earners the few who

Well-Paid Benefit Most As Economy Flourishes
Washington Post - Wages are rising more than twice as fast for highly paid workers in the Washington area as they are for low-paid workers, an analysis of federal data by The Washington Post shows. That means the spoils of the region’s economic expansion are going

Bank of Canada interest-rate policy choice seen too close to call
680 News - Osborne added that he was in “the very small minority” still expecting a rise in borrowing costs amid “pretty decent momentum in the domestic economy overall.” Higher interest rates slow economic activity but also tend to make a country’s currency

Business News
Aiken Standard - China, now the world’s fourth-largest economy and the nation with the most influence over renegade North Korea, is not a member . Summary Box: G-8 Membership ECONOMIC MEETING: President Bush and the leaders of seven other nations will gather next

Firm economy? Stocks sell-off ahead of Fed meeting
WKYT 27 - NEW YORK Stock prices are edging lower on Wall Street. The Dow Jones industrial average is down 67 points at 10-thousand-977. Decliners on the New York Stock Exchange hold a three-to-two lead over advancers. The Nasdaq Composite Index has lost 15

World Cup Economic Bounce Disappoints Germany
Voice of America - Germans were hoping for a substantial boost to their economy as a result of hosting this year’s World Cup. Two million tourists — twice as many as expected — fanned out across the country during the month-long tournament, spending their travel

Bank of Canada could pause raising rates on weak jobs data, slowing US
Ottawa Citizen - But on the other hand, the picture we have even with the decline in jobs that we got is one of a very, very tight labour market” and other signs of an economy running at full tilt. Levesque observed that the jobless rate is still stuck at an all

Remarks by President Bush at Swearing-In Ceremony for Secretary of the
Forbes - E-Business -Enterprise Tech -Infoimaging -Intelligent Infrastructure -Personal Tech -Sciences & Medicine -Wireless -CIO Network -Digital Entertainment Markets -Equities -Economy -Commodities -Bonds -Emerging Markets -Currencies Entrepreneurs -Finance -Human Resources

Jones Co. Economy on the Rise, Despite Katrina.
WDAM-TV - Jones County’s economy is booming in more ways than one, despite the aftermath of Katrina. Sandie Holifield, Director of Jones County Economic Development, says, “Katrina dealt us a bad hand, but something good also happened.” Holifield says post

New Treasury secretary pledges U.S. won’t retreat from global economy
KOTV - WASHINGTON (AP) _ Former Goldman Sachs chief executive Henry M. Paulson was sworn in as the nation’s 74th Treasury secretary on Monday, and he pledged to make sure the United States does not retreat from the world economy. “We must always remember

Paulson: U.S. Won’t Retreat From Economy
ABC News - President Bush, left, stands behind Treasury Secretary Henry Paulson, right, following his swearing-in at the U.S. Treasury Building, Monday, July 10, 2006 in Washington. Paulson won easy approval in the Senate but the oath-taking was delayed so the

Special Breakfast - Northern Ireland
Tampa Bay Business Journal - Northern Ireland is fast becoming a thriving economy. There are new industries being created in biotechnology and research. Cities are being revitalized with millions being invested in regeneration. There is a new cultural vitality, pride and optimism