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Example Headline of Genre for Date
Obama officials: Taxes may rise to pay health care
AP - Two of President Barack Obama's economic heavyweights said middle-class taxes might have to go up to pare budget deficits or to pay for the proposed overhaul of the nation's health care system.
Is China the New Us? Or Are We?
Time.com - Author Kurt Andersen's new book, Reset: How This Crisis Can Restore Our Values and Renew America, examines the economic, political cultural opportunities to be found in the wake of the financial crises
Oil extends gains on US recovery hopes
AFP - Oil advanced further in Asian trade Monday, still cheered on by data showing the US economy contracted at a slower-than-expected pace in the second quarter, analysts said.
HSBC, Barclays profits hit by surge in bad debt
Reuters - HSBC and Barclays reported a surge in bad debts on Monday to a combined $21 billion as recession took its toll on borrowers but Britain's two biggest banks offered encouragement they could be through the worst.
Survey: China manufacturing improved in July
AP - China's manufacturing expanded in July at its fastest rate in a year as domestic demand offset sluggish exports, a survey showed Monday, highlighting the importance of Beijing's huge stimulus in driving Chinese growth.
U.S. factory activity contraction slows in July
Reuters - The U.S. manufacturing sector continued to shrink in July but at a slower pace than the previous month, according to an industry report released on Monday.
Oil jumps on weak dollar, manufacturing strength
AP - Oil and natural gas prices rose quickly Monday on the weakening dollar and new signs of life from manufacturers that suggest the recession may be loosening its grip.
US manufacturing nears return to growth: ISM
AFP - The US factory sector moved within striking distance of growth in July, a survey showed Monday in another encouraging sign for the recession-gripped economy.
Euro hits eight-month dollar high
AFP - The euro hit an eight-month high against the US currency on Monday, reaching above 1.44 dollars as US data boosted hopes of an economic recovery.
Massachusetts AG to propose economic crime package
Reuters - Massachusetts Attorney General Martha Coakley intends to unveil on Monday a suite of proposed legislation to take on economic crime.
White House says no to tax hike for middle class
AP - President Barack Obama remains committed to not raising taxes on U.S. families earning less than $250,000 despite some conflicting statements from senior members of his economic team, the president's spokesman said Monday.
Treasury reduces 3Q borrowing estimate to $406B
AP - The Treasury Department on Monday reduced its borrowing estimate in the current July-September quarter by $109 billion, some rare good news about the government's financial needs.
Broad rally in commodities sparked by weak dollar
AP - Commodities traders placed more bets on an economic recovery Monday, adding oil, copper and soybeans to their portfolios as the dollar sank to fresh lows.
Euro smashes 1.44 dollars as recovery beckons
AFP - The euro soared above 1.44 dollars Monday, scraping an eight-month high, as a series of positive economic data in the US, Europe and China encouraged risk taking.
Whole Foods reports 3Q on Tuesday
AP - Investors will be watching Tuesday to see how Whole Foods Market Inc. is faring as the recession drags on.
Wyoming soda ash company announces layoffs
AP - Another Wyoming soda ash producer is laying off employees because of the economic downturn.
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