US Economy - Page 37

AP - New figures Tuesday showed that Japan's economic comeback may have lost a little momentum, with a tick up in September's jobless rate and the ninth straight decline in household spending. The country's central bank meanwhile kept interest rates unchanged.

FT.com - European equity markets were lower on Tuesday as investors continued profit taking amid fears over a slowing US economy. More Info...  

Economy News

AP - Consumers kept a tight grip on their wallets in September, increasing their spending by only 0.1 percent. Incomes, meanwhile, rose briskly.

Reuters - U.S. consumers, helped by bigger paychecks and lower gasoline prices, boosted their spending last month, according to a government report that may counter fears of a sharp economic slowdown.

Reuters - The U.S. economy is on solid enough ground to withstand further interest rate hikes if the Federal Reserve has to curb stubbornly high inflation, Richmond Federal Reserve President Jeffrey Lacker said in a speech on Monday.

FT.com - Fears over the US economy, combined with sluggish domestic data, drove Japanese stocks lower Monday, with shares of export-oriented companies leading the fall. More Info...  

Reuters - For home owners dreaming of making improvements, environmentally friendly changes are the top choice, according to a survey released on Monday by Wells Fargo. More Info...  

Economy News

AFP - The US economy has slumped to its worst growth rate since early 2003 in the third quarter, according to data that unleashed partisan point-scoring ahead of elections next month.

Economy News

AP - A congressional advisory panel's draft report is urging lawmakers to push for tough action against China on two festering trade disputes: intellectual property protection and Washington's view that China's currency is undervalued.

AP - A congressional advisory panel's draft report is urging lawmakers to push for tough action against China on two festering trade disputes: intellectual property protection and Washington's view that China's currency is undervalued.

Economy News

AFP - The dollar fell to near one-month lows against the euro on news that the US economy in the third quarter grew at its slowest pace in more than three years.

AFP - The dollar fell to near one-month lows against the euro on news that the US economy in the third quarter grew at its slowest pace in more than three years.

AFP - The US economy might be faltering, but the oil industry is riding a "black gold" boom as gushing oil wells swell the corporate coffers of ExxonMobil, Chevron and ConocoPhillips by billions of dollars.

AFP - The US economy slumped to its worst growth rate since early 2003 in the third quarter, according to data that unleashed partisan point-scoring ahead of elections next month.

Reuters - A slumping housing sector helped slow U.S. economic growth in the third quarter to its weakest pace in over three years, leading financial markets to raise bets on interest-rate cuts next year.

AP - The economy has slowed to a snail's pace, growing in the just-finished quarter at the slowest rate in more than three years and stirring fresh debate about the country's financial health heading into the elections.

Reuters - Minneapolis Federal Reserve President Gary Stern on Friday reiterated his support for the introduction of formal inflation targets by the U.S. central bank, a possible move that the Fed is expected to debate over the coming months.

Reuters - U.S. construction spending will fall 1 percent next year, the first drop since 1991, a report said on Friday, led by a decline in home building as the housing market continues to cool. More Info...  

Reuters - U.S. consumers' mood brightened by more than expected in October, a report showed on Friday, as their view of both future and current conditions improved on the back of lower gasoline prices.

AFP - The dollar fell to near one-month lows against the euro here, undermined by news that the US economy in the third quarter grew at its slowest pace in three years.