Business Leaders ‘Encouraged’ by Obama Talks

The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy Wednesday. Several business leaders said they left with a sense of improved collaboration….

Oil Prices Rise 3% on Improved U.S. Economic Outlook

Oil prices rose Wednesday as reports of higher U.S. productivity and more domestic hiring combined with continuing growth in demand from China to offset the effects of lackluster economic data from other countries.
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Oil Prices Rise 3% on Improved U.S. Economic Outlook

Oil prices rose Wednesday as reports of higher U.S. productivity and more domestic hiring combined with continuing growth in demand from China to offset the effects of lackluster economic data from other countries.
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Moody’s: U.S. Aaa Rating Not Under Pressure in 2010 or 2011

The U.S. Aaa credit rating won’t be under pressure from budget deficits in 2010 or 2011, Moody’s Investors Service (MOD) said.

The White House budget office projects that the federal deficit will top $1.5 trillion this year.

“Certainly over time, a…

U.S. Growth to Lag Behind the Developing World in 2011

The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…