Drop in Retail Sales Matches Paulson's Dour Predictions- April 11, 2008 Treasury Secretary Henry M. Paulson Jr. said yesterday that the U.S. economy has "turned down sharply" and may weaken further.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/268349747/AR20... Oil Price Defies Easy Calculation- April 11, 2008 Is there a fair price for oil It doesn't seem that way. Over the past year, the price of crude oil has nearly doubled even though oil inventories are ample, there has been no disruption in supplies, and petroleum demand in the United States, the world's biggest consumer, has leveled off in recent...http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/268349746/AR20... White House Presents Plan To Aid Subprime Borrowers- April 10, 2008 The Bush administration yesterday unveiled a plan to rescue 100,000 homeowners at risk of foreclosure by relaxing eligibility standards for government-backed loans and encouraging lenders to forgive a portion of their debt.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/267563662/AR20... Can't Get Ahead, Hard To Keep Up- April 10, 2008 Offering the gloomiest assessment of economic well-being in close to half a century, a new survey has found that most Americans say they have not made progress over the past five years as their incomes have stagnated and they have increasingly borrowed money to finance their lifestyles.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/267563661/AR20... IMF Puts Cost of Crisis Near $1 Trillion- April 9, 2008 Worldwide losses from the credit crisis could near $1 trillion, the International Monetary Fund said yesterday, reflecting the massive cost of the breakdown in markets for home mortgages and other kinds of debt.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/267563663/AR20... Don't Blame NAFTA for Downturn, Many Economists Say- April 9, 2008 The North American Free Trade Agreement is once again a prime scapegoat for the nation's growing economic troubles, drawing blame for sending jobs overseas and flattening wages for U.S. workers. That sentiment has intensified as the economy has deteriorated, a fall punctuated last week by the...http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/267563664/AR20... Ouch, That Hurt- April 6, 2008 NEW YORK -- Take shelter in large, stable companies Forget about it. Flee to overseas stocks Not a chance. How about the once red-hot Chinese market That didn't work either.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/264657672/AR20... Employers Cut 80,000 Jobs in March- April 4, 2008 Joblessness soared and employers shed jobs in March, the government said today in a report that offers strong evidence that the nation is in recession.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/263975607/AR20... Sharp Uptick Sends Jobless Claims Past Projections- April 4, 2008 A spike in unemployment claims stirred anxiety yesterday that the U.S. economy may be shedding jobs even faster than before.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/263975608/AR20... Senators Back Bear Rescue, But Not Without Questions- April 4, 2008 Senators grilled the engineers of the Federal Reserve rescue of Bear Stearns at a hearing on Capitol Hill yesterday, expressing concerns about the financial risks the government took on, the precedent it set and the failures that led to that point.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/263388126/AR20... |