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CompareCC News Archive Listing for Economy during 2007-04-05.
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China tells banks to increase reserves
 
AP - China told banks Thursday to increase their reserves for the third time this year, cutting the amount of money available for lending in a new effort to cool an investment boom that Beijing worries could lead to a financial crisis.
US not headed for recession: IMF
 
AFP - The US economy will overcome a housing slowdown and avert recession, while the rest of the global economy is in sound health, IMF chief economist Simon Johnson said Thursday.
Jobless claims mount but labor market still fit
 
Reuters - New jobless claims rose a larger-than-forecast 11,000 last week, government data on Thursday showed, but analysts said the labor market remained on solid ground despite other signs of slower growth.

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