Economy news - Fed Chief Plans Upbeat Assessment for D.C. Debut

Fed Chief Plans Upbeat Assessment for D.C. Debut
FOX News - WASHINGTON New Federal Reserve Chairman Ben Bernanke is expected to offer an upbeat assessment of the U.S.

Rosneft’s nine-month profit rises sixfold
Lexington Herald-Leader - MOSCOW - Russian state-owned oil group OAO Rosneft reported a sixfold increase in net profit over the first nine months of 2005 thanks to high world oil prices and its acquisition of the biggest production unit of the embattled Yukos oil company. In

Association
Business Travel Executive - The Transportation Security Administration s Jan. 20 report on developments in the Registered Traveler Program has drawn qualified support from Greeley Koch, president of the Association of Corporate Travel Executives. The TSA announcement

U.S. farm income to fall $16.4 billion in 2006, says USDA
Iowa Farm Bureau - Net farm income is projected to fall $16.4 billion from 2005, the U.S. Department of Agriculture (USDA) says. Income is expected to fall to $56.2 billion, only slightly above the 10-year average of $55.7 billion. Income was a record $82.5 billion in

Oil spike lubricates Japan’s
Asia Times - TOKYO - The conventional wisdom is that spikes in crude-oil prices play havoc with heavily resource-poor Japan, which is the world’s third-largest oil guzzler after the United States and China and imports almost all its oil. To be sure, high oil

Energized for change
Vacaville Reporter - President George W. Bush’s sudden embrace of energy efficiency and renewable resources is certainly a welcome shift. Five years into his administration, the president’s State of the Union speech last week called for weaning the country off oil

Brownie’s Triumphant Return:
Slate - White House: Heal thyself. The White House is following a strategy of pre-emption in anticipation of a Wednesday House report on Hurricane Katrina that is likely to portray the administration in an unflattering light. On Monday, Homeland Security

Venture Friday: Volatile
Stockhouse Canada - Note: Conflicts and Disclosure Policy- StockHouse Editorial writers may own, buy, or sell shares in public companies mentioned in their articles. Please be advised that a conflict may exist and that any investment decisions you make are your own

Weekend Reading: Less Inflationary Heat
Street.Com - Good Sunday morning. As always, here are some articles and papers worth reading. First, however, a look back at the week that just finished, and a look forward at the week ahead. The markets continued their directionless dance. This week the major

Business
WBBM - NEW YORK (AP) After bemoaning the emergence of the iPod as children’s latest must-have toy, toy makers are now TEGUCIGALPA, Honduras (AP) The European Union and Central American officials will decide whether to launch free trade talks in

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