| Economics
in the News |
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Home prices post record 18% drop
The 20-city S&P Case-Shiller index has posted losses for a staggering 27 months in a row.
By Les Christie
December 30, 2008
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Business This Week
By Economist.com
December 30, 2008
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IMF argues for large stimulus packages
By Alan Beattie
December 29, 2008 |
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Sterling haunted by euro parity
By FT
December 29, 2008 |
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Veterans of ’90s Bailout Hope for Profit in New One
By Eric Lipton and David D. Kirkpatrick
December 28, 2008
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Fed slashes key rate to near zero
Ben Bernanke & Co. cite the weakness in the economy and the reduced inflation threat as justification to cut rates to a record low range of 0% to 0.25%.
By Chris Isidore
December 16, 2008
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Business This Week
By Economist.com
December 12, 2008
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White House Open to Using Bailout Money to Aid Detroit
By Edmond L. Andrews & David M. Herszenhorn
December 12, 2008
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Retail Spending Hit a Weak Spot in November
By Jack Healy
December 12, 2008
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Game industry booms amid the economic gloom
By Troy Wolverton
December 12, 2008
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Business This Week
By Economist.com
December 8, 2008
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U.S. Loses 533,000 Jobs in Biggest Drop Since 1974
By Louis Uchitelle, Edmund L. Andrews and Stephen Labaton
December 5, 2008
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US carmakers set for slender lifeline
By Bernard Simon and Daniel Dombey
December 5, 2008 |
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Officials Vow to Act Amid Signs of Long Recession
By Edmond L. Andrews
December 1, 2008
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It's official: Recession since Dec. '07
The National Bureau of Economic Research declares what most Americans already knew:
the downturn has been going on for some time.
By Chris Isidore
December 1, 2008
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Treasurys rally on economic weakness
Yields on government debt fall to historic lows as investors flock to the safety of U.S. debt.
By Ben Rooney
December 1, 2008
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Business This Week
By Economist.com
November 27, 2008
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Business This Week
By Economist.com
November 27, 2008
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World Bank says crisis will slow China
By Geoff Dyer
November 25, 2008 |
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Slight Rise in Consumer Confidence
By AP
November 25, 2008
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Producer Prices Plunge in October
By AP
November 18, 2008
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A British Lesson on Auto Bailouts
By Nelson D. Schwartz
November 17, 2008
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The Euro Zone Confirms Economy Is in Recession
By Matthew Saltmarsh
November 14, 2008
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A Record Decline in October’s Retail Sales
By Jack Healy
November 14, 2008
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GM closes under $3 - first time since '46
Stock plummets another 13% Tuesday as automaker plans to idle 1,900 workers.
By Aaron Smith
November 11, 2008
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Eshoo outlines agenda for new administration
Rep. Anna Eshoo provides a preview of probable strategic moves
By Chris Kenrick
November 8, 2008
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Jobless Rate at 14-Year High After October Losses
By Peter S. Goodman
November 7, 2008
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2 European Banks Offer Gloomy Outlooks
By Julia Werdigier
November 4, 2008
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Factory Orders Fall as Businesses Cut Back
By AP
November 4, 2008
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Fed cuts rates and gives grim view
Fed lowers benchmark rate by a half-point as it continues to fight the ongoing crisis in the credit markets;
warns that economic recovery will take time.
By Chris Isidore
October 29, 2008
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Dow's 2nd best day ever
Dow rises 11% on big rally, but October is still shaping up to be one of the worst months in Wall Street history.
By Alexandra Twin
October 28, 2008
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Job fears hit French consumer confidence
By Reuters
October 28, 2008 |
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Determined M&A hunters will prosper in 2009
By Olesya Dmitracova and Daisy Ku
October 28, 2008 |
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IMF ‘has six days to save Pakistan’
By Farhan Bokhari and Chris Bryant
October 28, 2008 |
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Dear Mr. President
By Sir Clive W.J. Granger
October 28, 2008
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Business This Week
By Economist.com
October 17, 2008
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Oil Prices Slip Below $70 a Barrel
By Jad Mouawad
October 16, 2008
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Merrill Reports Its Fifth Quarterly Loss
By Louise Story
October 16, 2008
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Factories: Drop worst in 34 years
Manufacturing in September falls by a whopping 2.8%, according to the a report released this week by the Federal Reserve.
By David Goldman
October 16, 2008
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The Third Fiscal Turning
By Gene Steuerle
October 9, 2008
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U.S. Considers Cash Injections Into Banks
By Edmund L. Andrews and Mark Lander
October 9, 2008
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As Consumers Reduce Their Spending, Wholesale Inventories Are Rising
By Reutersr
October 9, 2008
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Emergency rate cut: 'This better work'
Will the rate cuts by global central banks eventually calm the markets down?
By Paul R. La Monica
October 8, 2008
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Fed pumps billions more into banks
Central bank doubles to $300 billion the amount it will loan banks. Loans could reach $900 billion by end of year.
By Chris Isidore
October 6, 2008
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Record 16% drop in July home prices
July home prices plunge 16.3% in 12 months, according to the Standard & Poor's/Case-Shiller 20-city housing index.
By AP
September 30, 2008
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Oil Falls Sharply on Renewed Economic Fears
By Jad Mouawad
September 29, 2008
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Stocks crushed
Approximately $1.2 trillion in market value is gone after the House rejects the $700 billion bank bailout plan.
By Alexandra Twin
September 29, 2008
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Lawmakers Agree on Outline of Bailout
By David M. Herszenhorn
September 25, 2008
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GE cuts outlook and halts buy-back
By Francesco Guerrera and Justin Baer
September 25, 2008 |
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Durable Goods Orders Drop Sharply
By Michale M. Grynbaun
September 25, 2008
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Trade deficit figures undermine Yen
By Peter Garnham
September 25, 2008 |
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Japanese exports to US tumble by 22%
By Jonathan Soble
September 25, 2008 |
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Debate fires up
Paulson, Bernanke: Immediate action needed on $700B plan to prevent meltdown.
By Chris Isidore
September 23, 2008
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Oil posts biggest-ever 1-day gain
Futures finish up $16.37 - after being up more than $25 to $130 - on the bailout plan, the falling dollar and the expiration of the October contract.
By Catherine Clifford
September 22, 2008
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S.E.C. Temporarily Blocks Short Sales of Financial Stocks
By AVikas Bajaj and Graham Bowley
September 19, 2008
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Business This Week
By Economist.com
September 19, 2008
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Vast Bailout by U.S. Proposed in Bid to Stem Financial Crisis
By Edmond L. Andrews
September 18, 2008
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Why the Fed pulled the trigger on AIG
What did the government get for its $85 billion? Time to try to unwind a company with $1 trillion in assets.
By Tami Luhby
September 17, 2008
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Fed leaves rates unchanged
The central bank disappoints investors - who had hoped it would buffer finance woes with another rate cut - but the market rallies on the news anyway.
By Chris Isidore
September 16, 2008
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Wall St.’s Turmoil Sends Stocks Reeling
By Michael M. Grynbaum
September 15, 2008
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SEC poised to act on short-selling
By Joanna Chung
September 15, 2008 |
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Lehman Files for Bankruptcy; Merrill Is Sold
By Andrew Ross Sorkin
September 15, 2008
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Russians face $45bn debt backlog
By Rachel Morarjee and David Oakley
September 14, 2008 |
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Business This Week
By Economist.com
September 10, 2008
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OPEC Takes Steps to Cut Oil Production
By Jad Mouawad
September 9, 2008
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Cost of US loans bail-out emerging
By Krishna Guha, Michael Mackenzie and Nicole Bullock
September 9, 2008 |
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Inventories Grow Faster as Sales Fall
By Bloomberg News
September 9, 2008
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Antitrust Document Exposes Rift
By Eric Lictblau
September 9, 2008
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The only way to fix Social Security
McCain and Obama have said how they would attack problems in the retirement safety net. But as president, neither will be able to do it his way entirely.
By Jeanne Sahadi
August 20, 2008
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Higher Costs Are Taking a Toll on Business
By Michael M. Grynbaum and Peter S. Goodman
August 19, 2008
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Home prices down 7.6%
Foreclosures drove down prices in the last 12 months, with cities in the Sun Belt leading the decline.
By Les Christie
August 14, 2008
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Oil Falls Again as the Dollar Strengthens
By Michael M. Grynbaum
August 11, 2008
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Dollar hits 6-month high against euro
By Peter Garnham
August 11, 2008 |
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Magazine Sales Fall 6.3% at Newsstands
By Associated Press
August 11, 2008
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Business This Week
By Economist.com
August 11, 2008
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Now, Indians can trade on a dozen global stock exchanges
By The Economic Times
August 10, 2008
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Dollar hits 7-month high vs. yen
Greenback surges as investor worries about the economy ease somewhat.
By CNNMoney.com
August 6, 2008
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Fed leaves rates unchanged
Central bank keeps key short-term rate at 2% and hints that it could stay there for a while as Ben Bernanke
and Co. cite risks of inflation and a slowdown.
By Chris Isidore
August 5, 2008
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Profit Falls at French Bank Hit by Trading Scandal
By Matthew Saltmarsh
August 6, 2008
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StanChart warns growth set to slow
By Peter Thal Larsen
August 5, 2008 |
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Booming China Suddenly Worries That a Slowdown Is Taking Hold
By Keith Bradsher
August 5, 2008
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Service sector contracts as new orders fall
By Ellen Simon
August 5, 2008
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Business This Week
By Economist.com
August 5, 2008
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Oil falls to lowest level in nearly 3 months
Crude futures end the day more than $2.50 lower after OPEC president says there is adequate supply and prices are much too high.
By Kenneth Musante
July 29, 2008
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Fed Report Says Economy Continued to Slow
By Associated Press
July 24, 2008
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Woes Afflicting Mortgage Giants Raise Loan Rates
By Vikas Bajaj
July 23, 2008
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Leading Indicators Fell 0.1% in June
By Reuters
July 22, 2008
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With Offer, Europe Tries to Spur Trade Talks
By Stephen Castle
July 22, 2008
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US food groups plan hefty price rises
By Elizabeth Rigby and Hal Weitzman
July 20, 2008 |
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America braces itself for a second dip
By Krishna Guha
July 17, 2008 |
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Opposition, From Both Parties, Over Bailout Plan
By Stephen Labaton and David M. Herszenhorn
July 16, 2008
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Scramble Led to Rescue Plan on Mortgages
By Stephen Labaton
July 15, 2008
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Business This Week
By Print Edition
July 15, 2008
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Fed's war against shady home loans
In a nod to consumer advocates, regulators require lenders to evaluate subprime borrowers' ability
to pay while banning most prepayment penalties.
By Tami Luhby
July 14, 2008
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US bail-out fails to calm nerves
By FT Reporters
July 14, 2008 |
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Home Sales Rose Slightly in May
By Michael M. Grynbaum
June 27, 2008
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London Exchange Plans New Trading System
By David Jolly
June 27, 2008
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Libyan warning pushes oil price past $140
By Chris Flood and Javier Blas
June 26, 2008 |
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Short seller sees trouble for the economy
By Kathleen Pender
June 26, 2008 |
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Economist - Business
By Economist.com
June 26, 2008 |
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Home prices post record 15.3% drop
Prices in 20 cities fall for 21st month in a row. One sign of hope: Pace of decline eased in many areas.
By Les Christie
June 22, 2008
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Oil tumbles $5 as China raises gas prices
Crude prices fall after China says it will raise gas and diesel prices and sentiment spreads about softening demand.
By Ben Rooney and David Goldman
June 19, 2008
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Paulson says Wall Street reform needed now
Treasury chief again pushes for giving more powers to the Federal Reserve. But this time he stresses the need to act quickly.
By David Ellis
June 19, 2008
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Bernanke: Rising Health Costs a Strain
By Associated Press
June 17, 2008
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Oil Nears $140 a Barrel; Weak Dollar Cited
By Associated Press
June 17, 2008
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Eurozone inflation hits 16-year high
By Ralph Atkins
June 16, 2008 |
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FCC chief recommends approval of Sirius, XM Satellite deal
By John Dunbar
June 16, 2008
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G8 sees rising inflation threat
By Chris Giles and David Pilling
June 15, 2008 |
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Inflation getting 'uglier and uglier'
Surging energy prices help drive annual cost-of-living rate rise to 4.2%.
By Chris Isidore
June 13, 2008
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Energy Agency Reduces Forecast for Oil Demand
By Jad Mquawad
June 11, 2008
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To Save Fuel, Airlines Find No Speck Too Small
By Micheline Maynard
June 11, 2008
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All Business
By Economist.com
June 11, 2008 |
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Nation's economic pain deepens
Biggest jump in unemployment rate since 1986 - combined with energy and housing woes - stokes fears about recession.
By Chris Isidore
June 6, 2008
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Unexpected Strength in Durable Goods
By Michael M. Grynbaum
May 29, 2008
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Business This Week
From The Economist print edition
May 29, 2008 |
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Feds broker deal on home listings
By Sue McAllister
May 28, 2008
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Home prices nationwide plummet 14.1%
By Associated Press
May 28, 2008 |
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U.S. files complaint over European tech tariffs
By Associated Press
May 28, 2008
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Fed sees economy getting worse
Ben Bernanke & Co. lower 2008 economic growth forecast and raise their projections for inflation and unemployment; says last rate cut was a "close call."
By Chris Isidore
May 16, 2008
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Leading Indicators Show Economy Remains Sluggish
By Associated Press
May 19, 2008
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Quagmire to goldmine?
From The Economist print edition
May 19, 2008 |
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Supreme Court Upholds Tax Exemptions for Municipal Bonds
By Associated Press
May 19, 2008
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Oil Pushes Past $127 After OPEC Remarks
By Reuters
May 19, 2008
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U.S. to suspend oil reserve shipments
Crude still closes at new record as Saudis shut down Bush and Goldman Sachs predicts much higher prices.
By Steve Hargreaves and Kenneth Musante
May 16, 2008
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Consumer Prices Rise, but Inflation Fears Ease
By Peter S. Goodman
May 15, 2008
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The Fed: Betting on a rate hike
Historically, the Fed has been quiet leading up to an election. But some traders think the Fed could raise rates as soon as October.
By Paul R. La Monica
May 14, 2008
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Freddie Mac rises after rules eased
By Saskia Scholtes
May 14, 2008 |
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Oil Refiners See Profits Sink as Consumption Falls
By Jad Mouawad
May 14, 2008
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IMF points to inflationary threat in Gulf
By Simeon Kerr
May 13, 2008 |
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The War for the Web
By Andy Kessler
May 6, 2008 |
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Fannie Mae to raise $6bn new capital
By Michael Mackenzie and Joanna Chung
May 6, 2008 |
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New Price Drop Could Imperil Mortgage Agencies
By Charles Duhigg
May 6, 2008
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Oil surges above $122 a barrel
By Chris Flood and Michael Hunter
May 6, 2008 |
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Decker: Yahoo confident in product lineup
By Elise Ackerman
May 6, 2008
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Business this week
From The Economist print edition
May 6, 2008 |
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US manufacturing contracts for third month
By Chris Bryant
May 1, 2008 |
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Farmer payouts, oil nabbed in food price runup
Congressional panel probes food inflation. Lawmaker blames subsidies to farmers but farming representative cites oil prices as 'main culprit.'
By Aaron Smith
May 1, 2008
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Consumer Spending Stagnates as Prices Rise
By Michael M. Grynbaum
May 1, 2008
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Read the Fed's statement
The U.S. central bank cut key interest rate by 25 basis points to 2%.
By CNNMoney.com
April 30, 2008
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A holiday from gas prices?
By Michael Dobbs
April 27, 2008 |
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Why the worst may be over
The credit crunch may be behind us and earnings have been better than expected.
That could lead to happier times if the Fed starts focusing on inflation.
By Paul R. La Monica
April 25, 2008
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New-Home Sales Fall to Low Last Seen in 1990s
By Michael M. Grynbaum
April 24, 2008
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Fed signals policy shift
By Eurointelligence
April 24, 2008
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With First Car, a New Life in China
By Keith Bradsher
April 24, 2008
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Business this week
From The Economist print edition
April 24, 2008 |
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Oil prices surge, 3rd straight record
Crude broke another record - reaching as high as $115.07 - after a government report shows that stockpiles fell more than expected last week.
By Kenneth Musante
April 16, 2008
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In Fed Report, Signs of Continued Weakness
By Michael M. Grynbaum
April 16, 2008
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Inflation and Growth Ease Somewhat in China
By Keith Bradsher
April 16, 2008
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Business this week
From The Economist print edition
April 16, 2008 |
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Calling the future: Cell phone pioneer sees 'another revolution'
By Troy Wolverton
April 7, 2008
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Business this week
From The Economist print edition
April 7, 2008 |
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Yellen Says Economy May Shrink, Must Be Ready to Act
By Vivien Lou Chen
April 3, 2008 |
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UBS to Write Down Another $19 Billion
By David Jolly
April 2, 2008
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US manufacturing contracts for second month
By Chris Bryant
April 1, 2008 |
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Insurers Faulted as Overloading Social Security
By Mary William Walsh
April 1, 2008
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Home prices: Down record 11%
The residential real estate market continues to deteriorate in 2008, with 20 key markets
reporting steep drops.
By Ben Rooney
March 25, 2008
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Fannie, Freddie to boost mortgage market
By Saskia Scholtes
March 19, 2008 |
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Vindu's View: Bernanke's bailout for Wall Street puts taxpayers at risk
By Vindu Goel
March 19, 2008
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Venture Capital Survey
By MercuryNews.Com
March 19, 2008
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Public's anxiety worsens despite Fed's actions
By Mark Schwanhausser
March 18, 2008
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Business this week
From The Economist print edition
March 18, 2008 |
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Fed Acts to Rescue Financial Markets
By Edmond L. Andrews
March 17, 2008
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Factory Data Adds to Economic Gloom
By Reuters
March 17, 2008
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Fed Hopes to Ease Strain on Economic Activity
By Edmond L. Andrews
March 12, 2008
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Freddie Mac finance chief says company will not sell shares to raise capital - for now
By Associated Press
March 12, 2008
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Gasoline at Record as Oil Hits $110
By Associated Press
March 12, 2008
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Business this week
From The Economist print edition
March 12, 2008 |
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Foreclosures hit all-time high
Over 900,000 borrowers are losing their homes, up 71% from a year ago, and a record number of home owners are behind on payments.
By Les Christie
March 6, 2008
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Oil nears $105 for the first time
Unexpected drop in crude supplies, OPEC decision send prices to record high.
By David Goldman
March 5, 2008
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Bernanke warning rattles Asian markets
By Lindsay Whipp and Andrew Wood
February 29, 2008 |
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Income, spending higher than expected
Spending up mainly on price increases as inflation indicator comes in slightly above Federal Reserve's perceived target.
By David Goldman
February 29, 2008
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Spending Flat as Inflation Persists
By Michael M. Grynbaum
February 29, 2008 |
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Eurozone growth outlook darkens
By Ralph Atkins
February 29, 2008 |
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Business this week
From The Economist print edition
February 28, 2008 |
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Oil breaks $100, hits new all-time high
Crude soars as investors weigh the possibility of OPEC production cuts; Texas refinery explosion may have also lifted prices.
By Associated Press
February 19, 2008
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Business this week
From The Economist print edition
February 19, 2008 |
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Five questions for Ben and Hank
Amid growing recession fears, Fed chair Bernanke and Treasury Secretary Paulson head to Capitol Hill. Here is what they should be asked.
By Chris Isidore
February 13, 2008
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White House Does Not See a Recession
By Edmund L. Andrews
February 12, 2008 |
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Buffett bond plan puts heat on banks
By Aline van Duyn
February 12, 2008 |
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Mortgage Crisis Spreads Past Subprime Loans
By Vikas Bajaj and Louise Story
February 12, 2008 |
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GM suffers record $39bn loss
By Bernard Simon
February 12, 2008 |
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Business this week
From The Economist print edition
February 5, 2008 |
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US budget deficit set to hit $410bn
By James Politi
February 4, 2008 |
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U.S. Factory Orders Rose 2.3% in December
By Associated Press
February 4, 2008 |
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China ‘on course for growth slowdown’
By Richard McGregor and Geoff Dyer
February 4, 2008 |
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The darker side of interest rate cuts
Markets like the Fed cuts and expect more. But lower interest rates could keep the dollar weak and ultimately
threaten economic growth,
By Colin Barr
January 25, 2008
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Regulators may force banks into greater disclosure
John Gapper
January 25, 2008 |
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Trading Partners Fear U.S. Consumers Won’t Continue Free-Spending Ways
By Peter S. Goodman
January 25, 2008 |
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Gold price soars on S African power cuts
By Alec Russell & Javier Blas
January 25, 2008 |
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Business this week
From The Economist print edition
January 25, 2008 |
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Bernanke Is Said to Support Stimulus Measures
By Edmund L. Andrews and David M. Herszenhorn
January 16, 2008 |
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Big drug companies raided in EU probe
By Andrew Jack
January 16, 2008 |
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Inflation Continues to Edge Up
By Michael M. Grynbaum
January 16, 2008 |
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In case of emergency, slash rates
Some are calling for the Fed to cut rates sooner rather than later, since Wall Street thinks we're
heading into a recession -- if we're not already in one.
By Paul R. La Monica
January 11, 2008
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For Bernanke, a Question of Toughness
By Louis Uchitelle
January 10, 2008 |
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Bernanke: Fed ready to cut rates again
Chairman says central bank will act aggressively to prevent housing, credit problems from leading to a recession.
By AP
January 10, 2008
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Challenges for the world’s divided economy
By Martin Wolf
January 8, 2008 |
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Paulson defends 'freeze' plan
In a speech Monday, the Treasury Secretary said the subprime crisis raises the 'potential of a market failure.'
By Jeanne Sahadi
January 8, 2008
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Business this week
From The Economist print edition
January 3, 2008 |
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Wall St start to new year worst in 25 years
By Chris Bryant
January 2, 2008 |
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Oil kicks off year by hitting $100
Violence in Nigeria, supply disruption in Mexico and the prospect of another drop in U.S.
inventories and more rate cuts drive crude to triple digits.
By Steve Hargreaves
January 2, 2008
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Housing, Credit and Financial Problems Drove Fed Rate Cut
By Associated Press
January 2, 2008 |
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India’s Exports Surge Before an Expected Slowdown
By Bloomberg News
January 2, 2008 |
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