Tag: recession
Bank of England Holds Rates at 0.5%, Maintains Purchase Program
by Hugh Collins on Sep.09, 2010, under euro
The bank, which sets monetary policy for the United Kingdom, has kept rates low to stimulate the recovery in the U.K. economy.
The bank's monetary policy committee is unlikely to expand its stimulus programs unless it sees signs that economy is starting to...
Continue reading Bank of England Holds Rates at 0.5%, Maintains Purchase Program
Bank of England Holds Rates at 0.5%, Maintains Purchase Program originally appeared on DailyFinance on Thu, 09 Sep 2010 07:40:00.
Filed Under: Economy, People, Investing, Real Estate, Taxes, Credit, CurrencyEconomists Cut U.S. Growth Forecast for Third Straight Month
by Hugh Collins on Sep.09, 2010, under euro
The latest Blue Chip Economic Indicators report said that lower-than-expected consumer spending, business investment and private construction would dampen economic growth, Reuters said.
"Growth in the current quarter now is expected to be little better than the disappointingly soft...
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Economists Cut U.S. Growth Forecast for Third Straight Month originally appeared on DailyFinance on Thu, 09 Sep 2010 07:26:00.
Filed Under: Economy, Investing, Taxes, RetailLong-Stagnant Japan Gets a Big Boost From Exports to Emerging Markets
by Vishesh Kumar on Sep.08, 2010, under euro
Mired in deflation and stagnant for decades, Japan has been the economic basket case of the developed world, a cautionary example of malaise run amuck. But because it's export-oriented, the world's third-largest economy is getting an unexpected lift from roaring growth in emerging markets.
Continue reading Long-Stagnant Japan Gets a Big Boost From Exports to Emerging Markets
Long-Stagnant Japan Gets a Big Boost From Exports to Emerging Markets originally appeared on DailyFinance on Wed, 08 Sep 2010 16:55:00.
Filed Under: Economy, Investing, CurrencyGreek Economy Shrank More than Estimated in Second Quarter
by Hugh Collins on Sep.08, 2010, under euro, europe
The country's statistics agency said that the economy shrank at an annual rate of 3.7% in the second quarter, compared with an initial estimate of a 3.5% decline, The Wall Street Journal reported. The economy contracted 1.8% from the previous quarter, rather than the initial estimate of 1.5%....
Continue reading Greek Economy Shrank More than Estimated in Second Quarter
Greek Economy Shrank More than Estimated in Second Quarter originally appeared on DailyFinance on Wed, 08 Sep 2010 07:25:00.
Filed Under: Economy, Taxes, Credit, CurrencyLayoffs and Budget Cuts Have Made Recruiting Tougher for U.S. Firms
by Matthew Scott on Sep.07, 2010, under euro
Employers who used job cuts to save money during the economic crisis knew that layoffs would put strains on the workers who remained. But now, those cost-cutting measures are impairing their ability to attract the top talent they'll need to rebound in the current sluggish economy.
Continue reading Layoffs and Budget Cuts Have Made Recruiting Tougher for U.S. Firms
Layoffs and Budget Cuts Have Made Recruiting Tougher for U.S. Firms originally appeared on DailyFinance on Tue, 07 Sep 2010 16:00:00.
Filed Under: Columns, Economy, Small Business