EconWatch.com > April 30, 2008
AP Disgrace: 'Bruised Economy Grows by Only 0.6 Percent'
[NewsBusters.org - Exposing Liberal Media Bias] WASHINGTON (Reuters) - The economy grew at a slightly stronger pace than forecast as 2008 began, helped by inventory-building that tempered a steadily deteriorating housing sector and less vigorous consumer spending.
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Economy Update
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[Political Animal] In the 12 months ended in February, the Case-Shiller home price index, which measures the value of single-family homes in 10 major metropolitan regions, fell 13.6 percent, the biggest decline since records began in 1987....The slump in home prices was more severe than the worst point of the recession of the 1990s, the last time values fell so far, so quickly.
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Posted at 07:07 PM
April 30, 2008
AP Disgrace: 'Bruised Economy Grows by Only 0.6 Percent'
[NewsBusters.org - Exposing Liberal Media Bias] WASHINGTON (Reuters) - The economy grew at a slightly stronger pace than forecast as 2008 began, helped by inventory-building that tempered a steadily deteriorating housing sector and less vigorous consumer spending.
Read related posts for „AP Disgrace: 'Bruised Economy Grows by Only 0.6 Percent'“.
Posted at 07:09 PM
Economy Update
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[Political Animal] In the 12 months ended in February, the Case-Shiller home price index, which measures the value of single-family homes in 10 major metropolitan regions, fell 13.6 percent, the biggest decline since records began in 1987....The slump in home prices was more severe than the worst point of the recession of the 1990s, the last time values fell so far, so quickly.
Read related posts for „Economy Update“.
Posted at 07:07 PM
April 29, 2008
Experts Question Dion's Plans for the Economy
[Conservative Party of Canada - Top Stories] Dion and the Liberals should speak with Don Drummond, the former deputy minister of Finance and now chief economist for TD Bank, who reviewed Dions leadership platform and its economic implications, suggesting that it is ”retro, “heavily interventionist”, “like something from 1993”, and suggested that for the Canadian economy to succeed, “Mr. Dion has to pretty much do the opposite of what his leadership document sets out”. It seems that the experts have concerns about the economic vision that Dion is bragging about:
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Posted at 07:07 PM
Bush to talk economy in Rose Garden
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[CNN Political Ticker] Bush to address the economy Tuesday. WASHINGTON (CNN) -- President Bush will hold a Rose Garden press conference Tuesday morning to discuss the nations current economic situation and address “Americans understandable anxiety about .
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Posted at 07:06 PM
April 26, 2008
Know Your Audience, Know Your Economy ...
[Talking Points Memo] Your original point was correct, John McCain is clueless when it comes to the economy or the experiences of ordinary people who work for a living. His only working experiences were as a pilot in the Navy and as a member of the House of Representatives and the Senate.
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Posted at 05:09 PM
Where's the Economy Going? Nobel Winners Weigh In 9 hrs ago
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[CNBC Top News and Analysis] CNBC's "Squawk Box" hosted a meeting of the minds this morning: Past Nobel Prize winners shared their insight on the future of the markets.
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Posted at 05:06 PM
April 25, 2008
8. Economy front and center
[CNN on AOL Video] Date Posted: 04/23/2008, 12:00 am From prices at the pump to prices at the supermarket, the economy is a hot topic on the campaign trail these days. (April 23) Runtime: 00:54 Free.
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Posted at 02:39 PM
Revenge of the real economy
[European Tribune] Well, it's an attempt to shift the blame from the financial system and it will probably work. Everyone knows that bankers never do anything wrong, they are just sometimes taken advantage of by unscrupulous members of the real economy.
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Posted at 02:38 PM
April 23, 2008
Bush denies US economy in recession
[CNN Political Ticker] NEW ORLEANS, Louisiana (CNN) ” President Bush denied Tuesday that the United States' economy is in recession, calling it instead a "slowdown." He pointed out that the economy grew in the last quarter of 2007 and that figures are not yet .
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Posted at 07:09 PM
US NHTSA proposes new fuel economy standards
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[DieselNet.com RSS] The US US Department of Transportation’s (DOT) National Highway Traffic Safety Administration proposed increased Corporate Average Fuel Economy (CAFE) standards for passenger cars and light trucks. The standards increase by 4.5% per year over the five-year period ending in 2015, which represents a 25% total improvement compared to current standards.
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Posted at 07:06 PM
April 22, 2008
Ukraine must put its Economy in Order
[Blogactiv] With 7 percent annual GDP rise Ukraine has been one of the fastest growing economies in Europe during the last few years. Now these positive developments have come under threat.
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Posted at 07:07 PM
Women at Greater Risk in Todays Bad Economy
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[AFL-CIO Weblog] Women are at greater economic risk in today’s sinking economy than in past recessions, a new report shows. In the past year, women’s real wages fell by 3 percent, compared with half a percentage point for men’s wages.
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Posted at 07:05 PM
April 19, 2008
Analyzing Montanas modern economy
[News from bozemandailychronicle.com] The Madison County Courthouse in Virginia City was built in 1876, and it’s still a working structure, though it stands in a town that has become largely a tourist attraction, a place where, in the winter, a dog can enjoy a long nap on the main avenue.
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Posted at 05:05 PM
Video: New gold standard set in Obamas shameless distortion of ...
[Hot Air TV] Via Conservative Punk. Read the rest »
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Posted at 05:04 PM
April 18, 2008
John McCain doesnt know much about the economy and doesnt really ...
[The Political Inquirer] Barack Obama and Hillary Rodham Clinton yesterday sharply criticized presumptive Republican presidential nominee John McCains views on the housing crisis, illustrating a wide gap between the two parties on how to fix the ailing economy .
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Posted at 02:35 PM
Public's View of Economy Takes Fastest Turn Downward
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[Digg / Political News / upcoming] The public's ratings of the national economy continue to sour, with assessments deteriorating faster than at any point in Washington Post-ABC News polling. Views on the Iraq war have also turned more negative, with six in 10 now rejecting the notion that the United States needs to win there.
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Posted at 02:33 PM
April 16, 2008
China economy slows a touch
[FPL Fpindex top stories] With consumer price inflation remaining high at 8.3% in the year to March, albeit down from near-12-year highs of 8.7% in February, economists said Beijing would be wary of relaxing policy despite fears for China's export prospects.
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Posted at 07:07 PM
Economy a 'Minefield' for Candidates
[The Washington Independent - US news and politics - washingtonindependent.com] Mondale vowing at the 1984 Democratic convention to raise taxes to President George HW Bush supposedly marveling at a grocery scanner in 1992, campaign histories are littered with those who seemed to misstep or misspeak on the economy.
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Posted at 07:07 PM
April 15, 2008
McCain, on the economy
[World On the Web » WorldMagBlog] In an effort to counter the notion that hes not strong on the economy, yesterday John McCain outlined ways to help Americans weather the economic downturn. His proposals included: Institute a “gas-tax holiday” by suspending the 18.4 .
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Posted at 07:08 PM
India - Africa Forum Summit
[The Indian Economy Blog] There were several other events organised on the sidelines of the Summit: the first ever India-Africa Editors Conference, joint performances by Indian and African cultural troupes a seminar of intellectuals from Africa and India on India-Africa Partnership in the 21st century, a programme for youth and women from Africa and a business conclave. The summit, which was a culmination of several levels of dialogue, is already being considered a success in many quarters.
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Posted at 07:04 PM
April 12, 2008
Economy Outlook
[KTTC TV :: Last Added Channels] ROCHESTER, MN -- Last month, $80,000 jobs were reported lost nationwide, but some local lawmakers say we shouldn't fear the outlook.
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Posted at 05:07 PM
Sluggish economy is slowing illegal border crossings
[Gadling] Even illegal immigrants now think that the US economy is bad enough that "to live here is to suffer." According to Radar magazine, the number of those seeking to cross the border illegally is dropping precipitously, mostly due to our .
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Posted at 05:06 PM
April 11, 2008
Paulson Says US Economy Has 'Turned Down Sharply'
[CNBC Top News and Analysis] "The message I give," he said is, "if you think you're going to need capital, don't be looking for the government" to help, "go raise it." And if that means raising capital from foreign Sovereign Wealth Funds, "I welcome that," Paulson said. "This is a good thing."
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Posted at 02:40 PM
Secondary Sources: Fed, Dual Mandate, War and Economy
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[WSJ.com: Economics Blog] War-Torn Economy: Writing for the Project Syndicate, Joseph Stiglitz examines the economic fallout from the war in Iraq. “It used to be thought that wars were good for the economy.
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Posted at 02:37 PM
April 09, 2008
Five Monopoly® Cures for a Sagging Economy
[Lending ClubSocial Lending Blog - Lending Club] Trading in Monopoly helps move the game along and creates opportunity for excitement, success, and strategy”three things that the economy would kill to have. The idea behind Monopoly trading can translate just as easily into the business world, since Monopoly players are essentially just trading one poor situation for a better one.
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Posted at 07:09 PM
More On the Economy
[Left, Right and Centered] Having failed to penetrate General Petraeuss story about the great improvements on the ground in Iraq, liberals are now trying to make the case that the cost of the Iraq war may have somehow undermined the economy, and even caused the current slowdown. What complete and utter nonsense.
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Posted at 07:08 PM
April 08, 2008
Streamlining Accounts Payable May Help Companies Weather Down Economy
[Ariba Press Releases] SUNNYVALE, Calif., April 8, 2008 - With the lingering global economic malaise, companies must diligently manage their spend and optimize cash flow in order to maintain their competitive position. According to a new study from CFO Research Services, implementing technology and best practices to streamline the accounts payable process can help by driving cost savings and efficiencies that enable businesses to preserve their margins, minimize risk and improve liquidity.
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Posted at 07:04 PM
Good news and old playlist 2008.03.28
[Hydrogen Economy with MKB - WZBC College Radio] As of today iTunes has added WZBC to their list of radio streams. We can be found under their new category “College Radio.”
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Posted at 07:03 PM
April 05, 2008
Bars and the UK Economy (Perhaps its time to Panic)
[Barblog] The state of the global economy is in bad shape. This has had a massive knock-on effect to the UK Bar and Pub scene and the trend is likely to reshape the Bar and Pub industry all over the world, simply because the profit of property looks more valuable to a landlord than the profit of alcohol. Changes in the budget for 2008 have also pushed up the price of Spirits, Beer, Wine and Cider in the UK with many venues now charging an average £3 a pint (up around £1 in the last 5 years).
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Posted at 05:05 PM
The Candidates on the Economy
[The Caucus] “Today’s news that unemployment jumped to 5.1% in March and that our economy lost jobs for the third straight month adds to the mounting evidence that our economy is spiraling downward, and that hardworking families are paying the price.
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Posted at 05:03 PM
April 04, 2008
Weak Economy Sours Publics View of Future
[Untitled] Although the public mood has been darkening since the early days of the war in Iraq, it has taken a new turn for the worse in the last few months, as the economy has seemed to slip into recession. There is now nearly a national consensus that the country faces significant problems.
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Posted at 02:34 PM
Soros Peddles Doom as New Global Economy Booms
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[Pajamas Media] The mass adoption of personal computers, the Internet, and mobile telephony, combined with the ready use of voice, data, video, and email communications, are forging a powerful, new global nexus. Since we have never experienced a market quite like this before, old yardsticks dont do it justice.
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Posted at 02:33 PM
April 02, 2008
Episode 48: “How to Combat a Slow Economy”
[The Official BNI Podcast] You cant control the economy, but you can control your response to the economy. Here are some tips to help you. Diversify your networks. Participate in your local Chamber of Commerce and other business networks. Be visible. ...
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Posted at 07:07 PM
Bernanke: Economy Could Shrink in 1st Half 2008
[baselinemag - RSS Feeds] WASHINGTON (Reuters) - The U.S. economy could contract in the first half of this year but should then pick up as aggressive interest rate cuts stimulate growth and financial and housing market woes recede, Federal Reserve Chairman Ben Bernanke said on Wednesday.
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Posted at 07:04 PM