Monday, 06 July 2009
Federal Reserve says recession easing, inflation not a threat
Ohio
Ohio
WASHINGTON: The Federal Reserve today said the recession is easing, but that the economy likely will remain weak and keep a lid on inflation. Against this backdrop, the Fed held a key bank lending rate at a record low of...
Fed positive on recession, inflation
Houston Chronicle
Houston Chronicle
WASHINGTON - The Federal Reserve signaled Wednesday that the weak economy likely will keep prices in check despite growing concerns that the trillions it's pumping into the financial system will ignite inflation. Fed...
Investment in western economies halves during global recession
The Guardian
The Guardian
Foreign direct investment into 17 countries including Britain, the United States, Germany, France and Japan has dried up as a result of the global economy's descent into deep recession...
State's ailing economy could prolong US recession
LA Daily News
LA Daily News
By Juliet Williams The Associated PressUpdated: 06/29/2009 12:40:28 PM PDT Assembly Speaker Karen Bass, D-Los Angeles, told reporters that the Assembly would bring up, before the Assembly, a Democratic plan to deal...
Ailing California economy could prolong recession
The Salt Lake Tribune
The Salt Lake Tribune
The Associated PressUpdated: 06/29/2009 08:31:49 PM MDT Click photo to enlarge Gov. Arnold Schwarzenegger, surrounded by members of the Blue Ribbon Fire Commission, discusses the state's pending cash crisis Monday...
Fed: Recession easing, inflation remaining tame
Asbury Park Press
Asbury Park Press
WASHINGTON - The Federal Reserve sought Wednesday to defuse fears that the trillions it's spending to revive the economy could spark inflation later on. But Wall Street didn't seem to buy it. Fed Chairman Ben Bernanke...
Gary Taylor: Green New Deal the best way to bring the economy out of recession
NZ Herald
NZ Herald
4:00AM Monday Jun 29, 2009 The Green Party's plan for stimulating the economy out of recession has considerable merit. It proposes a Green New Deal, building on President F.D. Roosevelt's response to the last great...
Economy has shed 7.2 million jobs since start of recession.
Austin American Statesman
Austin American Statesman
WASHINGTON — Employers kept slashing jobs in June as the unemployment rate edged closer to double-digit levels, undermining signs of progress in the economy. The number of jobs on employers' payrolls fell by...
Consumer prices rise less than expected in May, slow economy keeps inflation in check
Star Tribune
Star Tribune
WASHINGTON - Consumer prices rose less than expected in May, fresh evidence that the recession is keeping inflation in check. The Labor Department reported Wednesday that the consumer price index rose a seasonally...
