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Example Headline of Genre for Date
Liz Claiborne posts wider-than-expected loss
Reuters - Liz Claiborne Inc reported a deeper-than-expected quarterly loss on Wednesday as the lingering recession kept many shoppers from buying the company's clothing and accessories.
Dollar mixed before Fed decisions
AFP - The dollar rose against the euro and fell versus the yen Wednesday as investors awaited clues from the US Federal Reserve on when it intends ending emergency policy measures as the economy recovers.
Fidelity: Workers again putting more into 401
AP - Workers are again embracing 401(k) plans after the market meltdown and ongoing recession left many unable or unwilling to set aside some of their paychecks for retirement, according to the nation's largest workplace savings plan provider.
US trade deficit edges higher as volumes pick up
AFP - The US trade deficit widened slightly in June to 27.0 billion dollars as volumes increased for a second consecutive month amid signs of global economic recovery, government data showed Wednesday.
Liz Claiborne loss widens; more cost cuts planned
Reuters - Liz Claiborne Inc reported a deeper-than-expected quarterly loss on Wednesday, sending its shares down 9 percent, as the lingering recession kept many shoppers from buying the company's clothing and accessories.
Trade gap widens on oil prices
Reuters - The U.S. trade deficit widened in June to $27.0 billion, as goods imports increased for the first time in 11 months on the back of higher oil prices, a Commerce Department report said on Wednesday.
US trade deficit widens as imports, exports rise
AFP - The US trade deficit widened slightly in June due to surging oil prices, government data showed Wednesday in a report suggesting the global recession may be bottoming out.
Will 'Cash for Clunkers' drive US recovery?
AFP - The hugely popular 'Cash for Clunkers' program aimed at boosting auto sales has the potential to rev up economic activity even though many analysts say the spark will be short-lived.
Fed expected to keep rates low, reassure on recovery
AFP - The Federal Reserve is expected to pledge ongoing stimulus to lift the economy out of recession and also to find words to reassure markets that recovery is coming as it wraps up a two-day meeting here Wednesday.
Best Buy $9.99 TV offer was too good to be true
AP - Few if any of the deals retailers have offered online during the recession have been as good as Best Buy Inc.'s sale price of $9.99 on a $1,800 52-inch TV, but it is turning out too good to be true.
Federal deficit higher in July, $1.27T this year
AP - The federal deficit climbed higher into record territory in July, hitting $1.27 trillion with two months remaining in the budget year.
On the Call: Macy's CFO Karen Hoguet
AP - Like many department store operators, Macy's Inc. has been hit hard by the recession as consumers focus on food and other necessities. The Cincinnati-based department store operator has shored up its profit with a series of cost-cutting moves, including paring its work force, cutting capital spending and consolidating regional divisions.
Fed holds rates near zero, sees stabilizing economy
AFP - The Federal Reserve announced Wednesday it would hold its base interest rate in a range of zero to 0.25 percent, and said the struggling US economy is showing signs of stabilizing.
Atlantic City wants $20M a year to promote itself
AP - Many Americans know that 'What happens in Vegas stays in Vegas.'
Starwood Property Trust shares dip in debut trade
AP - Shares of hotel magnate Barry Sternlicht's Starwood Property Trust Inc. declined on their first day of trading Wednesday even as the broader markets edged up ahead of the Federal Reserve interest rate announcement.
Recession and debt drag on commercial real estate
AP - Even as the housing market starts to show signs of recovery, fortunes for commercial real estate are looking increasingly grim — and that could spell trouble for the fragile U.S. banking sector.
June trade deficit rises, imports and exports up
AP - The U.S. trade deficit edged up in June as imports rose for the first time in 11 months and exports rose for the second straight month, confirming that the global recession is easing its grip.
Fed more hopeful on economy; holds record low rate
AP - The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending.
Dollar falls on Fed optimism on the economy
AP - The dollar fell Wednesday after the Federal Reserve delivered a vote of confidence in the economy and held a key bank lending rate at a record low near zero.
Oil rises as US imports jump, China buys crude
AP - Oil prices rose Wednesday as the market reacted favorably to signs of an increase in future demand in China and a further loosening of the recession's grip in the U.S.
Bill Clinton pushes Harlem as small business hurts
Reuters - Former U.S. President Bill Clinton launched a free guide on Wednesday to the New York City neighborhood of Harlem where authorities say more than one third of small businesses have closed amid the U.S. recession.
Lawmaker health insurance costs at a glance
AP - Lawmakers in many states enjoy free or heavily subsidized health insurance paid for by tax dollars, even as the recession claims the jobs and health benefits of millions of workers who elected them. The disparity is creating a backlash in some states to cut back lawmakers' health benefits. Here is a look at those benefits at a glance.
Citigroup shares gain nearly 8 percent
AP - Shares of Citigroup Inc. rose nearly 8 percent Wednesday, outpacing gains among other financial stocks, amid a brighter outlook on the economy from the Federal Reserve.
Fed says economy leveling out; rates stay at lows
AP - The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program and indicating the recession appears to be ending.
Metals rise on weak dollar, upbeat outlook
AP - A weaker dollar and a more upbeat outlook on the economy sent prices for gold, copper and other metals slightly higher.
A look at the last 2 Fed statements on economy
AP - A look at the evolution of the Federal Reserve's statements on the economy from its two most recent meetings:
Fed Says Economy 'Leveling Out,' But Weakness Remains
Investor's Business Daily - The economy is showing signs of emerging from its deepest recession in decades, the Federal Reserve said Wednesday, as it took a first step toward withdrawing huge stimulus programs credited with preventing an even steeper slump.
Fed eyes modest pullback from stimulus
AFP - The Federal Reserve edged a step closer to acknowledging economic recovery as it announced a scaling back of a massive effort to pump liquidity into the financial system, analysts said.
ETFs Rally As Fed Holds Interest Rates
Investor's Business Daily - Stock ETFs rallied across the board while Treasuries and the dollar skidded as the Federal Reserve said the recession appears to be waning. It said it would keep the key bank lending rate at a record low near zero for 'an extended period' to help recovery.
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