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CompareCC News Archive Listing for Economy during 2010-03-29.
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EU economic sentiment improves in March
 
AP - A survey shows economic sentiment in the European Union improved in March, due mainly to industrial juggernaut Germany, after a pause in February.
IMF foresees rapid US growth
 
AFP - The US economy looks set to return to relatively rapid growth soon, International Monetary Fund chief Dominique Strauss-Kahn said here on Monday.
Oil higher on US economic recovery hopes
 
AFP - Crude oil prices rebounded Monday on optimism that US data this week will show the world's biggest economy is extending its steady recovery, analysts said.
German March consumer prices rise 1.1 pct on year
 
AP - New data show that Germany's annual inflation rate climbed above 1 percent in March for the first time since February 2009.
US government to sell stake in Citigroup
 
AFP - The US Treasury Department on Monday announced it would sell its stake in Citigroup over the course of 2010, in what would be one of the largest stock sell-offs in history.
Consumer spending rises, incomes flat in February
 
Reuters - U.S. consumer spending rose as expected in February for a fifth straight month, while stagnant incomes pushed savings to their lowest level since October 2008, a government report showed on Monday.
Consumer spending up, supports recovery picture
 
Reuters - U.S. consumers tapped their savings in February to keep spending on an upward path for a fifth straight month, implying that consumption may be strong enough in coming months to keep a recovery going.
Gov't to give $600M in housing aid to 5 states
 
AP - The Treasury Department plans to unveil $600 million in financial aid for five more states with high unemployment that have been slammed by the housing bust, two people briefed on the plan said.
US consumer spending, income remain sluggish
 
AFP - US consumer spending and income remain sluggish, fresh government data showed Monday amid a fragile economic recovery and unemployment concerns.
Ka-ching! Shoppers keep registers humming
 
AP - Confidence is growing that the economic recovery won't fizzle out. Consumers kept cash registers humming last month at a decent pace, pointing to modest and steady economic gains ahead.
Metals at front of broad commodities rally
 
AP - Palladium, platinum and copper are leading a rally in commodities prices following positive economic news.
Weekly Treasury auction sees mixed results
 
AP - Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills declining, while rates on six-month bills were unchanged.
Oil prices settles above $82
 
AP - Oil prices got a boost Monday from positive economic indicators and worries about terrorist bombings in Moscow.
Google chief compensation cut in half in 2009
 
AFP - Documents filed with US regulators show that Google chief executive Eric Schmidt saw his compensation cut roughly in half last year due to tough economic times.
French president chides US on economy, dominance
 
AFP - France's President Nicolas Sarkozy called for US economic reforms and, in comments echoing Franco-American spats of the past, said Washington cannot 'run the world' alone.
Japan plans targets to reduce debt level: media
 
Reuters - The Japanese government will set incremental goals to reduce its heavy reliance on debt in its upcoming fiscal strategy, the Nikkei business daily reported on Tuesday, citing a draft of the plan.
Japan Kan: May discuss yuan with China this weekend
 
Reuters - Japanese Finance Minister Naoto Kan said on Tuesday that he may discuss the yuan when he meets Chinese officials in Beijing this weekend for regular talks, amid international pressure for China to let its currency strengthen.

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