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ECONOMY Archives


March 7, 2008

U.S. Unexpectedly Lost 63,000 Jobs in February


Tons of food aid rotting in Haiti ports


Already we have riots, hoarding, panic: the sign of things to come?


March 6, 2008

DJIA closed at its lowest level since January 22nd


The Grim Reality of Economic Truths


Home foreclosures hit record high


Countrywide's Mozillo Defends Pay: The Definition of Chutzpah?


Hedge funds stem exits as credit lines tighten


Bush Blames "Too Many Houses" Not War Spending For Destruction Of US Economy


March 5, 2008

Even the experts missed the housing bubble


US economy sputtering on several fronts: Beige Book


Crude May Rise to $120 in Six Months, Taqa CEO Says


Russian Mafia in bed with Wall Street, CEO says


Mexican law panics South Texas car dealers


CNN Warns Americans A New Great Depression Is Coming


March 4, 2008

Is Your Gift Card Suddenly Worthless?


OPEC set to snub Bush call for extra crude oil


UK banks write off record £6.8bn in household debt


Gulf investors may not save Citigroup, Dubai executive says


Hard times are on the menu at restaurants


US auto sales fall amid economic woes


Boom times for 'gently used' clothes


OPEC unlikely to raise output


March 3, 2008

The Federal Reserve's rescue has failed


Activists bare teeth over foreclosures


Gold Rises to Record; Silver at 27-Year High on Dollar's Slump


March 2, 2008

Grim News in Arizona State Budget and Sacramento City Budget


Buffett defends sovereign funds


March 1, 2008

World Markets follow the DOW into the abyss


Economic Armageddon


Iran shifts oil sales away from dollar


Oil money is coming - and there is little the west can do about it


February 29, 2008

MF Global: Trader Evan B. Dooley made unauthorized trades in Chicago wheat futures from Memphis office


DOW


Iraq war 'caused slowdown in the US'


AIG Hammered By Credit Crunch


Merrill to shut down subprime lending unit


More writedowns seen after CIBC's C$1.46 bln loss


Dollar Plumbs To New Lows


Stocks Decline Amid Economic Worries


February 28, 2008

California City Moves Closer to Bankruptcy Filing


Stocks Drop on Jobs Data, Bank Worries


Scarce Shoppers Sap Sears 4Q Profit


U.S. new-home sales drop to lowest level in nearly 13 years


Honda ending production of motorcycles in U.S.


Economy Slows to Near Crawl


Olduvai revisited 2008


February 27, 2008

House OKs new taxes on big oil companies


Zale Cuts 225 Jobs, Will Close Additional Stores


Wheat prices doubled almost overnight


Fun with Numbers


Gas Prices Soar, Posing a Threat to Family Budget>


Bernanke Signals Rate Cut


U.S. Dollar Index Breaks Down


Dollar dives to record euro low; oil and gold score record highs


Bush: US in 'slowdown' not recession


US mortgage finance firm Fannie Mae posts 2.1 bln loss


Debit Cards: Bank Of America Won't Let You Access Your Money


Key home price index shows record decline


U.S. producer prices soared in January


Potato growers warn of food shortages unless pay improves


February 26, 2008

FDIC to Add Staff as Bank Failures Loom


U.S. Home Foreclosures Jump 90% as Mortgages Reset


Key home price index shows record decline


After subprime debacle, U.S. wrestles with question of bank bailouts


Greenspan Urges Gulf States To Abandon Dollar


Foreclosures up 57 percent in the past year


One in 10 Home Loans Under Water


World Grain Demand Straining U.S. Supply


February 25, 2008

This house was a steal


Shoppers warned bigger bills on way


Food Riots already happening


Current Account Balances....


Bank of America circulating confidential proposal to Congress seeking $739 billion bailout


Tourists need not apply


Deep recession feared in U.S.


The Real Unemployment Rate is 23%: How and Why Jobs are Vanishing from America


Oil Rises to Near $100 on Turkey News


Shoppers warned bigger bills on way


Bernanke, Bush fight losing war


February 23, 2008

Mike Whitney: The Bonfire of Capital


Wall Street Bank Run


February 22, 2008

Food industry says prices headed up again in 08 Food industry says prices headed up again in '08


Bond auction fails; cities flee to safety


Rescues for Homeowners in Debt Weighed


Call 'retail renting' what it is: stealing


February 21, 2008

Mass. foreclosures rise 128% in January


Mass. foreclosures rise 128% in January


Oil, gold prices strike historic highs


Ohio job losses worst since WWII, report say


Florida courts may soon be out of session


401(k) Participants Can Sue for Losses


February 20, 2008

Sharper Image finally goes belly-up


US banks quietly borrow massive amounts from Federal Reserve


America's economy risks the mother of all meltdowns


Consumer prices rise again in January


February 19, 2008

Wall St. Banks Confront a String of Write-Downs


Abercrombie Co-sponsors Credit Cardholder Bill of Rights


Wall St. Banks Confront a String of Write-Downss


Non-dom Ron?


     
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