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Example Headline of Genre for Date
Improving economic picture bumps energy prices
AP - Oil prices rose Tuesday and are now well above levels just one month ago as a string of economic reports provides a brighter outlook for the global economy.
US consumer spending rises, incomes fall
AFP - US consumer spending rose in June, but incomes plunged as a result of the end of certain stimulus payments, the government said Tuesday in a report highlighting challenges facing recovery from recession.
Southern states an epicenter for U.S. job losses
Reuters - America's worsening job woes come with a southern drawl. States in America's South, such as Florida, Georgia and the Carolinas, have flipped during the recession from putting up robust employment numbers envied by other regions to posting many of America's most painful rates.
Caterpillar sees long-term profitability
AP - Heavy equipment maker Caterpillar said Tuesday its cost cuts and strategic planning had positioned the company for long-term profitability whether the global economy improves or remains mired in recession.
Meltdown 101: Seasonal adjustment of economic data
AP - A ski instructor gets hired in November and laid off in May. A lifeguard is hired in June and let go in September.
Oil rally stalls in face of better economic data
AP - Oil prices dipped Tuesday, yet are now well above levels just one month ago as a string of economic reports provides a brighter outlook for the global economy.
Duke, Entergy profits slide as recession weighs
Reuters - Power producers Duke Energy Co and Entergy Corp reported lower second-quarter earnings Tuesday as the weak U.S. economy reduced electricity demand from their biggest industrial customers.
Emerson profit misses forecasts, shares down
Reuters - Industrial conglomerate Emerson Electric Co reported a 37 percent drop in quarterly net profit on Tuesday and said no significant economic recovery was likely before late 2010.
Biden: Economic stimulus plan meeting its goals
AP - Vice President Joe Biden cited more positive economic data on Tuesday, using it to buttress the Obama administration's argument that its $787 billion stimulus program is doing its job and revving up the economy.
Sen. Corker says could support more "clunker" funds
Reuters - Bob Corker, a Republican on the Senate Banking Committee, said he would support extending the 'cash-for-clunkers' program if the extra $2 billion is taken out of previously approved economic stimulus package.
GM, Germany could decide on Opel buyer by weekend
Reuters - General Motors and the German government could decide by the end of the week which bidder they want to take control of the automaker's Opel unit, Germany's deputy economics minister said on Tuesday.
US incomes drop raises flag on consumer spending
AFP - Americans' incomes fell in June as stimulus payments dwindled, official data showed Tuesday, clouding hopes for a spending rebound that could pull the economy out of a long recession.
Weak dollar, upbeat data support commodities
AP - A weak dollar and more upbeat data on the economy made a strong case for buying precious and industrial metals on Tuesday, sending prices higher for a fourth straight day.
First drop in US farmland value since 1987: USDA
Reuters - The value of U.S. farm land has fallen 3.2 percent this year due to the recession, the first drop for farm land since the agricultural recession of the mid-1980s, the government said on Tuesday.
New York oil prices ease after bull run
AFP - New York oil prices eased slightly Tuesday on profit taking amid expectations of a further US reserves buildup, after jumping eight dollars over the past three sessions on hopes of economic recovery.
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