US Economy - Page 22

Reuters - U.S. producer prices rose more than expected in December but they advanced at a far more moderate pace than a month earlier on smaller gains in energy prices, a government report on Wednesday showed.

Economy News AP - Interest rates on short-term Treasury bills rose in Tuesday's auction with three-month bills climbing to the highest level since October. More Info...  

AP - Interest rates on short-term Treasury bills rose in Tuesday's auction with three-month bills climbing to the highest level since October. More Info...  

AP - Threats to the global economy's good health have eased as once-surging energy prices have calmed down and the United States seems to be weathering the housing slump well, the head of the International Monetary Fund said Tuesday. More Info...  

Reuters - Manufacturing in New York state slowed more than expected in January to the lowest since mid-2005, the New York Federal Reserve said on Tuesday. More Info...  

Reuters - Asia again topped a survey which ranks the world's freest economies in 2007, with Hong Kong in first place and Singapore in second position.

Economy News FT.com - Policymakers and bond market investors alike appear more confident about the resilience of the broad US economy in 2007, with its still-thriving service sector, strong jobs market and improving exports. More Info...  

FT.com - Policymakers and bond market investors alike appear more confident about the resilience of the broad US economy in 2007, with its still-thriving service sector, strong jobs market and improving exports. More Info...  

Reuters - China drew a record $63.0 billion in foreign direct investment (FDI) in 2006, up 5 percent from 2005, the official Xinhua news agency cited Commerce Minister Bo Xilai as saying on Monday. More Info...  

Economy News

AFP - Economists are hastily upgrading their forecasts for the US economy after a series of surprisingly strong reports suggesting the so-called "soft landing" may be over and growth is accelerating.

AFP - Economists are hastily upgrading their forecasts for the US economy after a series of surprisingly strong reports suggesting the so-called "soft landing" may be over and growth is accelerating.

Economy News AP - Consumers snapped up flat screen televisions and the latest electronic gadgets at a frenzied pace in December, helping retailers close out 2006 with better-than-expected sales. More Info...  

AP - Consumers snapped up flat screen televisions and the latest electronic gadgets at a frenzied pace in December, helping retailers close out 2006 with better-than-expected sales. More Info...  

Reuters - U.S. retail sales were surprisingly strong last month as consumers snapped up large-screen TVs and other electronic products, a sign of economic resilience that poured cold water on the idea of interest rates dropping any time soon. More Info...  

Reuters - U.S. retail sales accelerated by a larger-than-expected 0.9 percent in December and were even stronger than anticipated when autos were stripped out, suggesting consumers were optimistic despite slowing housing markets, a government report showed on Friday.

Economy News

AP - The number of newly laid off workers filing claims for unemployment benefits fell sharply last week to the lowest level in nearly six months.

Reuters - An upward shift in global interest rates looked more than ever inevitable after a surprise increase by the Bank of England on Thursday and signals of more to come from the central banks of Switzerland and the euro zone. More Info...  

Reuters - The number of Americans filing new claims for jobless benefits plunged a larger-than-expected 26,000 last week to its lowest level in more than five months, a government report showed on Thursday.

Economy News

AP - The trade deficit fell for a third straight month as the U.S. bill for foreign oil declined to the lowest level in 16 months and American exports hit an all-time high.

Reuters - The U.S. trade deficit in November was the smallest in 16 months, as a weak dollar and solid foreign economic growth helped U.S. exports set a record, a Commerce Department report showed on Wednesday.