Anatomy of a soft economy
August 18, 2011: 5:00 AM ET
It's been a tough slog coming out of the Great Recession. As for a double dip, consider this: We've had only three in 160 years. Here's a look at how this recovery compares with recessions past.
Thursday, August 18, 2011
Fortune: American Idiots: How Washington is destroying the economy
American Idiots: How Washington is destroying the economy
By Allan Sloan, senior editor-at-large August 18, 2011: 5:00 AM ET
What's ailing us? It's not just unemployment. It's not just Europe's debt woes. And, no, it's not Wall Street this time. It's the takeover of the economic debate by fanatics who are up to no good. Fix that -- and maybe you fix the economy.
By Allan Sloan, senior editor-at-large August 18, 2011: 5:00 AM ET
What's ailing us? It's not just unemployment. It's not just Europe's debt woes. And, no, it's not Wall Street this time. It's the takeover of the economic debate by fanatics who are up to no good. Fix that -- and maybe you fix the economy.
Monday, August 15, 2011
Bloomberg: Homebuilding in U.S. Probably Fell as Sales Dropped, Foreclosures Climbed
Related News: Bloomberg, U.S., Real Estate, Economy, Currencies
Homebuilding in U.S. Probably Fell as Sales Dropped, Foreclosures Climbed
By Shobhana Chandra - Aug 16, 2011 04:00 AM GMT
Builders probably began work on fewer houses in July, showing residential real estate is failing to contribute to U.S. growth two years into an economic recovery, economists said before a report today.
Homebuilding in U.S. Probably Fell as Sales Dropped, Foreclosures Climbed
By Shobhana Chandra - Aug 16, 2011 04:00 AM GMT
Builders probably began work on fewer houses in July, showing residential real estate is failing to contribute to U.S. growth two years into an economic recovery, economists said before a report today.
CNNMoney: Europe's economy: Truly awful or just bad?
Europe's economy: Truly awful or just bad?
Ben Rooney @CNNMoney August 15, 2011: 4:40 PM ET
NEW YORK (CNNMoney) -- As officials in Europe struggle to contain the debt crisis roiling financial markets around the world, economic growth appears to be slowing significantly across the euro zone.
Ben Rooney @CNNMoney August 15, 2011: 4:40 PM ET
NEW YORK (CNNMoney) -- As officials in Europe struggle to contain the debt crisis roiling financial markets around the world, economic growth appears to be slowing significantly across the euro zone.
Reuters: U.S. banks continue to ease lending standards: Fed
U.S. banks continue to ease lending standards: Fed
WASHINGTON | Mon Aug 15, 2011 3:09pm EDT
(Reuters) - U.S. banks continue to ease lending standards and most terms on all major non-real estate loans during the past three months, the Federal Reserve reported in its quarterly survey of senior loan officers.
WASHINGTON | Mon Aug 15, 2011 3:09pm EDT
(Reuters) - U.S. banks continue to ease lending standards and most terms on all major non-real estate loans during the past three months, the Federal Reserve reported in its quarterly survey of senior loan officers.
Reuters: Analysis: How low can mortgage rates go?
Analysis: How low can mortgage rates go?
By Ashleigh Patterson
NEW YORK | Mon Aug 15, 2011 11:03am EDT
(Reuters) - Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.
By Ashleigh Patterson
NEW YORK | Mon Aug 15, 2011 11:03am EDT
(Reuters) - Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.
Fortune: Don't fight the last recession's war. You'll lose.
Don't fight the last recession's war. You'll lose.
August 15, 2011: 5:00 AM ET
Opening the managerial toolbox from the 2008 recession to tackle today's economic turmoil will only get you into trouble. That's because the critical elements that affect companies are sharply different today.
August 15, 2011: 5:00 AM ET
Opening the managerial toolbox from the 2008 recession to tackle today's economic turmoil will only get you into trouble. That's because the critical elements that affect companies are sharply different today.
Sunday, August 14, 2011
USA Today: Economists' outlook darkens: See 30% chance of recession
Economists' outlook darkens: See 30% chance of recession
By Paul Davidson and Barbara Hansen, USA TODAY
The chances of the economy slipping into another recession have risen significantly, and forecasts for economic growth and job gains over the next year have been substantially downsized, according to USA TODAY's quarterly survey of top economists.
By Paul Davidson and Barbara Hansen, USA TODAY
The chances of the economy slipping into another recession have risen significantly, and forecasts for economic growth and job gains over the next year have been substantially downsized, according to USA TODAY's quarterly survey of top economists.
Friday, August 12, 2011
S&P: How The U.S. Sovereign Downgrade Affects Municipal Housing
How The U.S. Sovereign Downgrade Affects Municipal Housing (00:03:34 min)
After downgrading the U.S. to ‘AA+’ from ‘AAA’ on Aug. 5, 2011, Standard & Poor's lowered its ratings on many U.S. companies and government-sponsored entities with financial ties to the sovereign.
After downgrading the U.S. to ‘AA+’ from ‘AAA’ on Aug. 5, 2011, Standard & Poor's lowered its ratings on many U.S. companies and government-sponsored entities with financial ties to the sovereign.
Thursday, August 11, 2011
WSJ: Roubini Warns of Global Recession Risk
Roubini Warns of Global Recession Risk
8/11/2011 6:42:02 PM
Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy's direction. In an interview with WSJ's Simon Constable, Roubini also says he's putting his money in cash. "This is not the time to be in risky assets," he says.
8/11/2011 6:42:02 PM
Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy's direction. In an interview with WSJ's Simon Constable, Roubini also says he's putting his money in cash. "This is not the time to be in risky assets," he says.
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