General Business News - Zakaria: How Long Will America Lead the World?
Zakaria: How Long Will America Lead the World?
MSNBC - June 12, 2006 issue - Queen Victoria’s Diamond Jubilee, held in London on June 22, 1897, was one of the grandest fetes the world has ever seen: 46,000 troops and 11 colonial prime ministers arrived from the four corners of the earth to pay homage to
Administration upbeat about economy
MSNBC - WASHINGTON - The White House, in a slightly more optimistic forecast, predicted Thursday the economy will log solid growth and that the nation s unemployment rate will dip lower this year. The Bush administration forecast that the gross domestic
Singapore’s Economy May Grow 6.7 Percent
MSN MoneyCentral - SINGAPORE (AP) - Singapore’s economy could grow 6.7 percent this year, higher than previously predicted, according to a quarterly central bank survey of economists. The figures, released Wednesday, are based on the median forecast of 20 economists
Fed’s Kohn sees inflation data as “warning flag”
WIS-TV - WASHINGTON (Reuters) - Federal Reserve Board Governor Donald Kohn, the nominee to be No. 2 at the U.S. central bank, said elevated inflation readings had raised a “warning flag” that demanded the attention of policy-makers. “I have found the recent
FFA convention gives boost to area economy
Hattiesburg American - The Mississippi Future Farmers of America Association’s annual convention in Hattiesburg this week is expected to bring approximately $235,000 into the local economy. The three-day event at the Lake Terrace Convention Center was attended by more than
Toll Sees Rebound of Housing Market
MSN MoneyCentral - PHILADELPHIA (AP) - A strong economy will spark a housing market rebound after excess inventory from speculators is shaken out, perhaps very soon, the chief executive of the nation’s largest luxury home builder said Thursday. At a meeting with
Greenspan: Economy absorbed high oil costs
Winston-Salem Journal - The former chairman of the Federal Reserve, Alan Greenspan, said yesterday that higher oil prices have had “little consequence” for the U.S. economy and probably haven’t caused “serious erosion” worldwide. Recent data, though, may indicate “some
High energy costs threaten economy
Detroit Free Press - WASHINGTON — Rising energy prices are pushing up inflation and increasingly threaten the U.S. economy, former Federal Reserve Chairman Alan Greenspan testified Wednesday. He called for developing alternative energy sources like ethanol and liquefied
Bush lifts forecasts for growth and inflation
ABC News - Jun 8, 2006 WASHINGTON (Reuters) - The White House boosted its estimate of U.S. economic growth in 2006 but offered a more pessimistic view of inflation in new forecasts released on Thursday. The Bush administration lifted its forecast for gross
The Economy
Evansville Courier-Press - The White House push to win President Bush credit for the performance of the U.S. economy is off to a shaky start. The White House was still basking in the glow of the president’s choice of Wall Street whiz Henry Paulson to be treasury secretary when
Dim view of economy spreads
Times Union - COLONIE — New Yorkers are still down on the economy. Only now, the usually more optimistic parts of the country are starting to see things our way. Consumer confidence climbed 3 points in May across New York state, to 76.8 points, according to the
State economy growing faster than average
Coloradoan - Colorado’s economy is growing faster than the national average, according to a study by the U.S. Bureau of Economic Analysis. Colorado’s gross state product, or GSP, increased 4.2 percent in 2005, up from 3.9 percent in 2004 and 1.4 percent in 2003
U.S. weekly jobless claims fall by largest amount in eight months
680 News - WASHINGTON (AP) - The number of laid off U.S. workers filing claims for unemployment plunged last week by the largest amount in eight months, but it might have been a statistical fluke. The Labour Department reported Thursday that 302,000 people
White House Upbeat About Economic Growth
ABC News - WASHINGTON Jun 8, 2006 (AP) The White House, in a slightly more optimistic forecast, predicted Thursday the economy will log solid growth and that the nation’s unemployment rate will dip lower this year. The Bush administration forecast that the
ECONOMY: Execs tout business climate
Grand Forks Herald - WASHINGTON - Despite rising prices for energy and other materials, America’s chief executives feel pretty good about the business climate and are bullish about their sales prospects, according to a survey released Wednesday. The Business Roundtable’s