Credit Card Offers logo News Archive Compare Credit Card Offers gif

CompareCC News Archive Listing for Economy during 2009-08-17.
Please select an article.

Select
Example Headline of Genre for Date

North Korea reopens to South as economy weakens
 
Reuters - North Korea said on Monday it would reopen its border with the South, ending a self-imposed 9-month blockade on a vital source of cash for its leaders as their ravaged economy is squeezed by tightening U.N. sanctions.
Oil falls below $67 on weak US consumption
 
AP - Oil prices slipped below $67 a barrel Monday in Asia on investor concerns crude demand will remain weak amid a slow global economic recovery.
Oil falls below $66 on weak US consumer confidence
 
AP - Oil prices fell below $66 a barrel Monday in Asia on investor concerns that crude demand will remain weak amid a slow global economic recovery.
Oil falls below $66 on worries of slow recovery
 
AP - Oil prices fell below $66 a barrel Monday as investors worried that crude demand will recover only slowly in the U.S. and brushed off upbeat economic growth data from Japan.
New York manufacturing survey rebounds
 
AFP - A key US manufacturing survey in New York state turned positive Monday for the first time in more than a year in August, surging more than expected in a freash sign of recovery from recession.
US extends key asset-backed securities loan facility
 
AFP - US authorities extended Monday a key credit program to 2010 to help ailing businesses, households and the embattled real estate sector as the country recovers from recession.
Foreign demand for long-term US securities rises
 
AP - Foreign demand for long-term U.S. financial assets rebounded in June even though China and Russia trimmed their holdings.
Fed extends consumer lending program through March
 
AP - The Federal Reserve has extended a program intended to spur lending to consumers and small businesses at lower rates, but the central bank will not expand the types of loans made.
Economy unleashes "perfect storm" for boutique beer
 
Reuters - Boutique beers are the new cocktail as more money-conscious Americans choose cheaper high quality draft beers made by small local breweries over wine and spirits amid the country's recession, experts say.
N.Y. manufacturing growth emerges in August
 
Reuters - A gauge of the New York state factory sector showed growth for the first time since April 2008, signaling manufacturers could lead the U.S. economy out of the worst downturn in 70 years.
Fed, Treasury extend TALF to mid-2010 for CMBS
 
Reuters - The Federal Reserve said on Monday it was extending to mid-2010 an emergency program aimed at boosting lending in the ailing commercial real estate market.
Majority of Americans doubt Obama stimulus results: poll
 
AFP - A majority of Americans believe that a 787-billion-dollar stimulus package passed six months ago with support from President Barack Obama has had no effect or even made the US economy worse.
Foreign purchase of US securities surge
 
AFP - Foreign purchases of US long-term securities surged in June to more than 90 billion dollars, reversing an outflow the previous month, the US Treasury said Monday.
Key US manufacturing index returns to growth
 
AFP - A key US manufacturing survey rebounded Monday for the first time in more than a year, the Federal Reserve Bank of New York said Monday in a fresh sign the economy may be emerging from recession.
Dollar rises on continued worries about consumers
 
AP - The dollar rose Monday as investors continued to worry about consumer spending, while the Federal Reserve said most banks expect their lending to remain tight through the second half of next year.
Fla. population drops for 1st time since 1946
 
AP - Researchers say Florida's population has declined for the first time in 63 years and economists are blaming — what else? — the recession.
US manufacturing index posts first growth in year
 
AFP - A key US manufacturing survey showed improvement for the first time in a year, the Federal Reserve Bank of New York said Monday in a fresh sign the economy may be emerging from recession.
Lending by bailed-out banks drops again in June
 
AP - The Treasury Department says the value of loans held by the largest banks getting government bailout support fell for a fifth consecutive month in June.
Labor Day air travel seen falling: trade group
 
Reuters - The number of passengers on U.S. airlines during the Labor Day holiday will likely decline this year as the recession erodes budgets, but planes will be full and fares are inching higher, experts said on Monday.
With credit tight, Fed extends consumer loan plan
 
AP - With banks limiting the availability of auto, student and other consumer loans, the Federal Reserve said Monday it would extend a program intended to help spur more lending at low rates.
Park Service says visits to national parks are up
 
AP - It could be the upside of the economic downturn: The Obama administration says visits to national parks are up nearly 4 percent this year.
Investors sell off commodities; silver sinks 5 pct
 
AP - Commodities prices sank across the board Monday as investors sought safer assets on fears that consumers' reluctance to spend is will stymie the economic recovery.

First Genre Prior Genre   Next Genre Last Genre


Credit Card Offers   |   Privacy Statement   |   Terms of Use   |   Comparison Grid   |   Credit Articles   |   News Archives   |   Site Map
Valid XHTML 1.0 Transitional
©Copyright 2012 ENC Group, Inc.
Valid CSS!