US Economy

Second Wave of the Housing Crisis
If you thought that you were in the recovery phase of the massive housing loan crisis that had engulfed the entire world in its aftermath, the worse is yet to come. The predicted second wave of the housing crisis is supposed to be meaner and uglier, say analysts. If the second wave of the housing crisis does hit us, as predicted by many, we can just hope that it will not fit in, with the ominous 'worst is yet to come' prediction.

US Economy Grows
The US economy has grown at a rate of 3.5%. Does this signal the end of the recession?

Biden Cheers Economic Stimulus, But Ignores Facts in the Process
Joe Biden is cheering the Recovery Act and the Obama administration for helping the economy – problem is, the money from the Act is being woefully mismanaged, isn’t creating jobs and, in the long run, will probably just lead to higher long-term interest rates due to massive debt incursion.

Consumer Sentiment Rises More than Expected
In another sign that the recession is easing, U.S. consumer sentiment rose to its highest level since the recession began.

Cash for Refrigerators is Next Stimulus Program Set to Launch
With Cash for Clunkers now in the rear view mirror, the next federal stimulus package will focus on household appliances.

Huge Increase in July Home Sales Signals More Optimism for Economy
Existing home sales in the U.S. jumped more than 7% for the month of July, the largest such increase in at least 10 years and a strong indication that the housing market is gaining traction in its recovery.

Recession Fighting Back in July, New Recovery Concerns for Economy
Consumer spending fell and new jobless claims rose unexpectedly in the month of July, reinforcing worries about just how fast the economy can recover from the recession.

U.S. Bailouts Reach $4.7 Trillion, No End in Sight
The U.S. economy and overblown bailouts are a massive disaster, despite what the bureaucrats are shoveling.

U.S. Budget Deficit Moves Over $1 Trillion, First Time Ever
U.S. budget deficits have reached unprecedented levels, and unless something is done about it, there is no end in sight to higher interest rates and a wallowing U.S. housing market.

Obama Administration Restricts Executive Pay
The Treasury Department is going to be overseeing the employee compensation plans of seven of the largest US companies.

History of The Canadian Dollar
Canada is the world's second largest country with regards to total inhabited and uninhabited area. Occupying most of the region in north of the North American continent, the Canadian Government adopted its first currency, 'dollar' form, in 1841...

History of American Money
The United States of America has one of the most developed economies in the modern era. The dollar has become one of the most important units of monetary exchange and measurements. To find out more about the evolution of a dollar and history of American money read on.

Recession May be Coming to a Close, But Rough Waters Ahead
While some economic indicators point to a recovery, higher unemployment numbers are expected and fears of inflation, always present as the economy pulls itself out of a recession, are back in full force.

American Recovery and Reinvestment Act of 2009
The American Recovery and Reinvestment Act of 2009, is an important step taken by the United States Congress, in order to fight the ongoing economic crisis. Read on to know more about this act.

Fed Plans to Pump $1.2 Trillion into Economic Recovery
Ben Bernanke and the Federal Reserve have announced a plan to release a massive $1.2 trillion into the U.S. economy in hopes of spurring a late-2009 recovery.

Warren Buffett Says Economy has "Fallen Off a Cliff"
Warren Buffett, ever the optimist, is speaking in metaphors to describe the U.S. economy, but remains optimistic about the long-term health of the economy.

President Obama Spins Current Crisis, Speaks of "Opportunity"
President Obama continues to face difficulties revolving around the U.S. economy, but his message of hope and better days ahead is a reminder of his ambitious plans.

Is the Stimulus Package Just Politics as Usual?
Now that all of the pomp and circumstance has faded, what is really going to happen as a result of the stimulus bill and is it really going to make a difference?

Stimulus Plan Now Includes Tax Break for Home Buyers
In what is being viewed as a victory for Republicans, the Obama stimulus plan now includes up to a $15,000 tax credit for home buyers.

Buy American Stimulus Comes Under Fire from U.S. Trading Partners
"Buy American" stimulus plan raises concerns among U.S. businesses and trading partners, but President Obama seems firmly behind the measures.

Home Depot Slashes Jobs, Closes Specialty Stores
In the latest economic crises-related news, Home Depot announced that it will be cutting 7,000 jobs and closing all of its Expo stores and other specialty outfits.

Credit Card Industry May Cut $2 Trillion of Outstanding Credit
Credit card companies are considering pulling back heavily in their consumer lending business, perhaps further dooming the U.S. economy for the year to come.

U.S. Economy: Banks won’t Lend, Consumers won’t Spend
News about the U.S. economy is flying out of every media outlet at a torrid pace, but the summation of the situation seems to be that banks won’t lend money and consumers won’t spend it.

U.S. Considering Massive Refinance Package for Homeowners
Now that the federal government has committed nearly a trillion dollars to stabilizing the financial markets and lending institutions, congress is turning its attention to homeowners.

Topsy-Turvy Dow Continues it’s Wild Ride on Wednesday
The Dow Jones Industrial Average dropped 733 points on Wednesday amid reports of large consumer spending decreases and continued "investor" panic.

Fed Earmarks $250 Billion for Direct Deposit
President Bush announced Tuesday morning that $250 billion would be deposited into U.S. banks as a measure to "shore up" the crumbling financial market.

Bank Execs Summoned to Hash Out Bailout Details
Executives from top financial institutions have been summoned to the Treasury Department to discuss the details of the $700 billion rescue package.

Congress Passes Historic Economic Bailout Plan
Congress today voted in favor of the re(re-) revised plan to rescue the American economy, and President Bush signed it.

Trying Again at the Financial Rescue Vote
The re-revised version of the government "rescue" plan will head to the Senate Wednesday night and reach the House for a new vote by Friday.

Government Rescue Plan Explained
Details of the financial bailout plan are released to allay consumer fears about the economy.

Is the U.S. Economy Tanking?
How worried should we be as consumer prices soar amid job cutbacks and energy costs?

Economists Worry as Consumers Spend Rebate Checks on Food and Gas
The boost to the economy has not occurred as expected after government rebate checks are going toward bills and basic expenses, not splurges.

America's Economy is Coming Down!
Economists and pastors seem to acknowledge one thing: America’s economy is on its pathway to an "accident waiting to happen", an imminent major crisis. See what both sides have to say about it.

How National Debt Is Contributing to Public Disenchantment with Government
An article on the economic disheartening of American voters by Andrew Yarrow, author of the forthcoming book on America's deficit crisis, "Forgive us Our Debts"

When Do "We" Want a Trade Deficit?
Say the words "trade deficit" on the wrong corner in Washington, and you may just find yourself surrounded by unhappy men in grey suits. "Don’t make a stink about this," they’ll tell you. "You’re being un-American. We’ve always had a trade deficit, all the way back to the Revolutionary War!"

Corporate America is Ruining America
Remember the American Dream? The land of plenty, the land of opportunity, the land built by the blood, sweat, and tears of small businesses? That vision is fast disappearing in the rearview mirror.

Change That No One Can Believe In - Is it Politics or Prophecy
With an economic downturn of historic proportions, the highest un-employment rate since the great depression and 34 newly appointed czars some with criminal records, communists and forced abortionists, what can we believe? This change seems to lead only to a cliff situated at the end of the far left trek into madness.

GM Shock - System Failure
Can GM keep cost leadership while keeping majority of factories in the U.S, where the living standard as well as labor cost are the highest in the world?

US Equity Provides Clarity During Struggling Economy
Private Equity investing is more relevant than ever! The economy is struggling and investors are losing money hand over fist. Private Equity is one of the only sectors actually turning a profit. US Equity is a Columbus-based firm making money for their clients. Senior Partner, Luke Westerman, discusses their strategy and mission for the future. This article also discusses specific sectors to look to for success in the market.

The Most Important Developments in US
The development of big business gave new order to American society and economy. Although it brought deskilled workers, low standards of work and work relations that Porter calls in The Rise of Big Business, ‘the drive system’, corporations had also a positive influence on American economy.

How, But How, "Beyond How, Are You Alone" ?
If you didn't do it to you, and but education alone, can do it best alone, "Then there is all to much of, "How are you" as well ". How is it ? Where did this come from even best at times ? Mainly only hello, and good-byes, with less than even, much at all as well in the middle, of it all or not even best. The, "Economy of Love", and the many economies of life, and ways, above our own best.

US Economy: Three Steps to Havoc
Larry Elliott analysis the three stages that have led to the massive economic challenge facing Barack Obama

Fears Over Us Economy Weaken World Markets
European markets follow falls in Asia after another plunge overnight on Wall Street

US Economy: General Motors Shares Plunge to 62-year Low
The gloomy predicament facing General Motors got worse today as its shares plunged to a 62-year low following a Wall Street analyst's report which concluded that the company's stock was worthless

Profiting from Uncertainty: The Change Gap
Read this article to discover how you can profit from the current economy.

US Foreclosures Soar By 71%
Misery sweeps through American property market with more than 750,000 homeowners in danger of eviction

Fed Injects $540bn Into Markets
Third attempt in a month by US Federal Reserve to help market with aid to mutual funds

Hedge Funds Shake in the Teeth of Financial Storm
Two major US hedge funds reveal they are under pressure due to global market turmoil

Dow Gains More Than 900 Points in Huge One-day Rebound
The blue-chip index's rise was its largest ever in points and the sharpest since 1933 in percentage terms

US Following European Lead in Bank Bail-outs
Equity stake plan sees shares on Wall Street surging more than 500 points in one morning

Paulson Considers Following Uk Lead and Buying Equity Stake in Banks
US authorities consider pumping capital directly into leading banks in an urgent effort to shore up eroding confidence

US Considers Following British Example of Taking Stakes in Banks
Treasury secretary close to injecting public funds in return for equity holdings on Wall Street

Fed Hints at Rate Cut But Bear Market Takes Further 500-point Bite Out of Dow Jones
Share price freefall continues for big US banks despite possibility of interest rate relaxation

Dow Jones Tumbles Below 10,000 Mark
Wall Street stocks reach lowest point in four years as banks and car companies suffer most

Dow Jones Slump Could Begin to Threaten Global Markets
Dow Jones closes below 10,000 points for first time since 2004

White House Shifts Focus to Declining Employment Market
Following approval of bail-out, attention turns to job losses and threatened homeowners

Drop in Employment Grows Ever Steeper As Companies Shed Workers in Face of Recession
Sharpest increase in US unemployment in five years as $700bn bail-out becomes law

Bush Signs $700bn Economic Bail-out Plan Approved By Congress
Wall Street shares soar on news of bill's passage

Stocks Plunge Again After Dismal Economic Figures Released
Wall Street waits anxiously for signs that Congress's opposition to $700bn bail-out has weakened

Your in Shape Best for America !
Our bodies may be out of shape, but America too is more than just a body of land. Did you let your body go, to help America best ? When she is in good shape, the rest of the world will benefit as well with her. Are you helping other countries to help her as well ?

Unemployment Rising, Car Sales Falling
Over 100,000 jobs lost in financial services industry with car makers close behind as manufacturing industry slumps

Shares Plummet As Us Congress Rejects $700bn Bail-out Plan
House of Representatives votes against plan spreading ripples of shock through the global financial markets

'Americans Will Not Tolerate Those Who Stood By and Let This Calamity Happen'
US Chamber of Commerce says vote has caused 'uncertainty and turmoil' in the markets

Taxpayers Landed With Initial Bill for B&b Rescue
Chancellor lends £14bn to support compensation scheme

Congress Agrees Deal on $700bn Banking Bail-out
Democratic leaders embark on challenge to sell rescue package to skeptical American voters

Brown and King Can Only Pray the Us Saves Its Flagging Economy
William Keegan argues the current financial crisis is the latest form of a banker's ramp which threatens to destroy the financial system unless the taxpayer bails it out

A Shattering Moment in America's Fall From Power
John Gray: The global financial crisis will see the US falter in the same way the Soviet Union did when the Berlin Wall came down. The era of American dominance is over

Homes Go for £800 As Tide of Foreclosures Ends American Dream for Millions
Repossession rates increasing as families struggle to keep up mortgage payments

Bellwether of Us Economy Ge Forecasts 12% Fall in Profits
Company formed from Thomas Edison's business in 1892 predicts drop in profits for this quarter and whole year

The Mortgage Meltdown Saga Continues - FBI Investigating Top Lenders for Fraud
The FBI is investigating some of the top lenders for fraud, including some of those whose recent dramatic failures spurred the government to consider a $700 billion bailout scheme.

US Financial Chiefs Struggle to Sell $700bn Bail-out Plan
Threat of meltdown as American public opposes aid for failing firms as 'fatigue' sets in

Congress Demands More Time to Scrutinise $700bn Rescue Plan
Proposed $700bn bailout of cash-strapped Wall Street banks receives rancorous hearing in Congress

Paulson Under Pressure to Toughen Bail-out Plan
Capitol Hill critics demand more detail, more safeguards and Wall Street pay curbs

Jitters Over Rescue Plan Send Oil Price Surging
Financial turmoil continues to haunt Wall Street as price of oil makes a one-day record surge

The Us Took Action in the Face of Crisis. We Must Do the Same
Will Hutton: While America shows imagination and guts, Britain's paltry response has done no more than buy time

This Transforms the Financial System. Forever
Richard Wachman: US power is ebbing away and free market fundamentalism is an outdated ideology

American Taxpayers Will Swallow Wall Street's Toxic Debts
US treasury will pay hundreds of billions in biggest intervention since 1930s

Banking Crisis: Us Rescue Plan Q&a
Mark Tran explains the US government's plans to deal with the financial crisis

Banking Crisis: World Markets Soar on Us Rescue Hopes
Wall Street posts a dramatic rise at the open, helping to push London shares to an all-time biggest gain. By Richard Wray

Big Finance Now Faces a Long Spell on the Naughty Step
Larry Elliott: The week started with the US authorities trying to rescue Lehman. It ended with the US taxpayer preparing to pick up the tab for the mistakes of Wall Street's elite

Barclays to Buy Lehman Brothers Assets
Deal involving investment banking and trading divisions could save thousands of jobs, mainly in US

US Insurance Giant Must Be Rescued, Say Bosses
World's largest insurer, AIG, in emergency talks as treasury considers bail out options

Fed Chooses Morgan Stanley to Drum Up Aig Rescue Plan
Insurance empire goes cap in hand to Federal Reserve to plead for up to $40bn in temporary funds

HBOS Worst Hit By Rush to Sell Financial Shares
More than a third wiped off stock market value of banking group HBOS as Lehman Brothers collapses

USA Financials: Corporate Bonds, Technology, and Gold
Financial Investment Portfolio Research and Analysis for Sept. 8-12, 2008 from Strategic Capital Research, LLC. Research findings are mixed for the following USA financials: Corporate Bonds, Technology, and Gold.

Mortgage Interest Rates Plummet after Fannie Mae/Freddie Mac Takeover
This article looks at recent trends with mortgage interest rates.

The Fallout From the Fannie Mae, Freddie Mac Takeover
Recently Fannie Mae and Freddie Mac were taken over by the US government. This article looks at the fallout we have seen over the last week.

Feds Now In Control of Fannie Mae and Fredie Mac
Understanding the world of mortgage of Fannie Mae and Fredie Mac

Failure of Financial Heavyweights Could Have Caused Markets to Implode
Fannie Mae and Freddie Mac issued bonds they marketed heavily to international investors

Nationalisation May Shore Up Us Housing Market
Government's cash injection should bolster mortgage lenders Freddie Mac and Fannie Mae

Markets Surge, But Shares in Loan Giants Slide As Doubts Set in
Investors digest full implications of latest American plan to end year-long credit crunch

Fannie Mae and Freddie Mac Takeover: What Does It Mean?
Fannie Mae and Freddie Mac were recently taken over by the US government. This article looks at the potential fallout of this decision.

US Steps in to Rescue Failing Home Loan Giants
Freddie Mac and Fannie Mae taken into temporary public ownership to save them from collapse

US Housing Crisis: Freddie and Fannie Are Nationalised
Move to take mortgage lenders Freddie Mac and Fannie Mae into public ownership welcomed

US Mortgage Giants Freddie Mac and Fannie Mae Taken Into Public Ownership
The US government today announced the biggest financial bailout in the country's history as it took troubled mortgage giants Freddie Mac and Fannie Mae into temporary public ownership to save them from collapse

The Big Uncertainty in the end of Summer
It was another edgy week for stock markets with both bulls and bears frustrated and unwilling to take on big positions.

Credit Crunch: Bernanke's Inflation Optimism Boosts Shares on Both Sides of Atlantic
Head of bank says the fight against inflation is being aided by falling commodity prices and the stronger dollar

Freddie Mac Boss Had Been Warned Four Years Ago
Chief executive had been told bad loans 'would likely pose an enormous financial and reputational risk to the company and the country'

Fannie Sounds a Warning After $2.3bn Quarterly Loss
US' largest mortgage company slumps after housing market falls 'fast and hard'

Economy: Us Inflation Jumps to 5.6% But May Have Peaked
White House concedes recovery will be slow as foreclosures in housing market rise at annual rate of 55%

Credit Suisse Hit By ?5.6m Fsa Fine After Sub-prime Rogue Trading
Swiss bank fined a record ?5.6m after traders in its investment banking division were found to have deliberately mispriced securities. By Simon Bowers

Sub-prime Crisis: Property Crash Pushes Third of Us Homebuyers Into Negative Equity
House prices are plunging at their fastest rate for 12 years, leaving millions struggling to meet home loans

Commodities slide down, Indices edge up
Markets finished last week strongly, with many global indices finally break out the range they had been trading in since July.

Fannie Sounds a Warning After $2.3bn Quarterly Loss
US' largest mortgage company slumps after housing market falls 'fast and hard'

Fannie Mae Fears for Future After Posting $2.3bn Loss
America's largest mortgage finance company suffers as more borrowers default on home loans

US Economy: Financial Group Suggests Reforms for Banking Industry
The group blames age-old human foibles for the international financial crisis

Mortgage Interest Rates Nudge Down a Little
This article looks at the recent news mortgage rates and other recent news in the lending industry.

Fannie Mae and Freddie Mac's Current Financial Crisis
The administration has proposed a rescue package for mortgage giants Fannie Mae and Freddie Mac after shares dropped alarmingly in the stock market.

US Economy: Americans Back Off Bottled Water But Still Spend Money on Mcdonald's
Worrying economic times are prompting Americans to sip free-of-charge tap water - but they can still find the money for Big Macs, beer and chocolate

US Economy: Yahoo's Profits Dip 19% As Firms Cut Back on Internet Ads
Yahoo revealed that in the three months to June it spent $22m to help fend off Microsoft's unsolicited offer

US Economy: Apple Shares Drop in Unofficial Trading
After the close of the stockmarket, Apple's shares slumped by 11% to $148.

Give Our Bureaux More Cash
Jill Insley: It's a good thing that more money is being made available to provide free legal, benefits and other advisory services

US Economy: Lacklustre Google and Microsoft Results Puncture Wall Street's Fragile Good Cheer
US stocks completed their best two-day percentage gain since 2002 today but Google and Microsoft failed to live up to investors' expectations

Prophecy and the American Economy
The Bible certainly does not have a section specifically relating to America’s economy. In the most general sense, every nation’s economy is referred to in scripture. The promise is that any nation that seeks God will see a better economy. That said where is America in this picture?

US Economy: Investigators Target Home Loans at Failed California Bank
The FBI is investigating possible fraud at IndyMac Bancorp, the California institution which was seized by regulators on Friday

US Poverty: Divided By a Short Ride, the Bronx and Upper East Side Are a World Apart
Case study: America's slide down the UN's development index is unsurprising considering its vast contradictions

US Economy: Bernanke Describes Economic Woes at Congressional Hearing
Appearing before the US Senate banking committee, Bernanke faced a tough examination over the administration's handling of recent financial flare-ups

Bernanke: Senators Give Fed Chief a Rough Ride Over Economy
Federal Reserve chairman faces tough questioning over administration's handling of recent financial flare-ups

US Economy: Online Auctioneer Ebay Victorious in Us Counterfeit Case
The firm has emerged triumphant from a four-year legal battle with the exclusive jeweler Tiffany

Markets Plunge in Fresh Us Housing Crisis
US Treasury secretary steadies the ship as share indexes tumble and oil prices hit record highs

Oil Price: Slump in Motor Sales Raises Fears for Viability of Detroit's Car Industry
Ford shares sink to 23-year low as sales drop 28% but General Motors remains largest car seller in US

Yet Another Tough Week
It was yet another tough week for global stock markets, with the Dow Jones & S&P 500 declining 3.78% on the week and the FTSE down 3.37%. With oil rallying $4, renewed trouble in the financial sector, downgrades to monoline insurers and trouble in the Middle East, markets encountered an ugly storm on Friday.

Fed Holds Key Interest Rate at 2%
The US Federal Reserve held its key interest rate at 2% last night as its concern about rising inflationary pressures outweighed worries about sluggishness in the American economy

Subprime Crisis: Us Foreclosures Bring Homelessness to the Middle Class
Homeless people living in cars and mobile homes across the US are being joined by a new breed: the middle-class

An Economical Recession Could Be an Opportunity for the Government
There may be a good opportunity to change some things around for the better. In a time of recession some governmental programs are needed. this programs may work better due to the need to improve the economical situation. We could help others and at the same time improve our situation.

Middle Class Mirage
A theory about U.S. economics.

Emerging Trends in the 3PL Third Party Logistics Industry
Go Global Logistics offers every tool your company needs to have an efficient and transparent supply chain to make your importing and exporting as easy and error free as possible.

Who says that fuel is higher than ever?
Everyone is talking about the high price of fuel. But my question is fuel really that expensive. You might say where in the world is this guy coming from? Gas was only .99 cents a gallon several years ago.

Running Out of Gas
Richard Adams: The US economy is in bad shape, whether or not it ends up in a recession this yea

Oil Hits $139 As Jobless Figures Stun Us
Oil prices leap to record high and dollar slumps on news of biggest jump in US unemployment for 22 years

World Still Dependent on Us Economy, Says Bush Adviser
But Ed Lazea insisted the current slowdown was not a recession and that the US would pick up later this year and in 2009. By Ashley Seager

Poisonous Plutocracy Pushes Economic Inequality
The US government has been taken over by a plutocracy and now it is critical that people stop voting for Democrats and Republicans.

3 Fast Ways To Recession -Proof Your Lifestyle
Many people are fearing that the US economy is headed for a recession. With that kind of doom-and-gloom on the horizon, it just makes sense to take steps to recession - proof your lifestyle. In this article, I’ll talk about 3 recession-busters you can use to stay afloat during challenging economic times.

Trends and Countertrends Examined
From the Heartland of America, economics takes on the familiar face of someone you know, who may have recently lost his/her job. Should we blame the politicians in Washington, DC of this party or that? Probably not.

US Property Foreclosures Up 65%
Wave of misery caused by America's sub-prime mortgage crisis engulfs more homeowners

US Slashes Deficit Estimate By $127bn As Tax Revenues Rise
The US government yesterday slashed its estimate of its 2006 budget deficit by $127bn (£69bn) due to much stronger than expected tax receipts from both businesses and individuals.

Junk Debt Puts Countrywide Rescue in Jeopardy
US' biggest mortgage lender suffers deterioration in stricken loan portfolio and downgrade in debt to junk status

Commodities Stoke Inflation Fears
The Fed has cut interest rates several times in 2008. This article discusses the problems associated with inflation which has followed the interest rate cuts.

Truck Drivers Move America’s Economy
Some people have the wrong idea about Truck Drivers. Even though it is one of the most ungrateful professions, it is one of the most important ones...

Bank of America Profits Fall 77%
Credit crunch sees quarterly profits plunge after weak trading on Wall Street and in retail banking

Credit Crunch Causes Plunge in Bank of America Profits
Quarterly profits fall by 77% after weak trading on Wall Street and in retail banking

Interest Rates and the Credit Crunch
This article looks at the current problems of the credit crunch in the US.

US Recession? It's Hedge Fund Heaven
Alpha magazine list shows managers pocketing record amounts of personal wealth

The Twin Menaces of Inflation
The article talks about the looming risk of inflation and the energy issues the US is currently facing.

Fuel Prices Hurt Middle Class America
Our society is changing. The price of fuel had forced many Americans to change their way of living to adjust to the new economy. is there anything we con do to control the falling of the Middle class economy?

Current Issues with the Global Economy
This article looks through the different issues facing the global economy.

It's Not The Economy, Stupid, It's You
There is universal agreement that the US economy is currently in a mess. The American people are blaming it on the government, the war in Iraq and, in particular, the greedy banks who were so generous in handing out sub-prime mortgages – everyone but themselves.

Credit Crunch Woes Claim America's Fifth-biggest Bank
Credit crunch claims biggest victim yet when the US Federal Reserve orchestrated an emergency bail-out for Bear Stearns

Government to make Billions from the Mortgage Crisis
Uncle Sam is going to make billions of dollars as a result of the current mortgage crisis. They are raising taxes on 23 million workers and you may never hear about it.

US Job Numbers Support Recession Fears
World markets experienced another volatile day today, with oil prices hitting a record high and the dollar a record low as gloomy US jobs data prompted fears that the world's largest economy had finally tipped into recession. By Ashley Seager

Sinking Into Recession
Leader: 63,000 jobs were lost in America last month, the surest sign yet of an economic slowdown

A Shift Will Happen in the Future
No, it hasn't happened yet. But, the process has begun and it will continue as more and more employers of every possible description in America come to understand about the current and coming labor shortage in the United States.

Recession: Fact or Fiction ?
"The recession is coming, the recession is coming !" You've heard the cries haven't you ? Well we've got news for you...it's already here. Or at least that's what the media would have you believe. Whether it is technically true or not is irrelevant. The facts show that it's still a great time to be in business and to make money-one of the best environments in our history, to be exact.

Recession Risks: The Silver Lining
This article discusses some of the upsides to the recent US economic downturn.

Load It Up
Perhaps it is naïve of me to wonder why, at a time when the United States is heading towards a recession, their government is asking its citizens to spend more.

Subprime Woes: are we Out of the Woods Yet?
The White House, the Fed and bond insurance companies are all taking unprecedented action to minimize the subprime mortgage crisis. But is it enough? This article discusses the likelyhood that the US is headed towards recession with these factors in mind.

US Stocks Continue Falling Amid Growing Recession Fears
American stocks tumbled today as Wall Street's worries over an imminent recession were aggravated by a warning from Merrill Lynch that the subprime mortgage crisis is turning into a global "pandemic".

Black Monday: Recession Fears Spark Global Share Crash
FTSE suffers biggest fall since 2001 · Interest rate cuts predicted

It's The Economy, Stupid!
" The Economy, stupid" was a sign hung in Bill Clinton's campaign headquarters to keep everybody "on message" in 1992. It was originally meant as an internal motivator, but it soon became a famous centre point for Bill Clinton’s victory against George Bush Snr. At the time Bush was accused of neglecting the domestic economy as the US went through a recession from 1988 to 1992.

Fed to Emulate Boe By Issuing Quarterly Report on Economy
The US Federal Reserve yesterday announced sweeping changes to the way it communicates with investors and the markets, by moving to a Bank of England-style quarterly report of economic prospects

Is The Federal Interest Rate Cut Enough to Stabilize Sub prime Mortgage Woes?
This article discusses the potential outcomes from the impending Federal interest rate cut on the US economy.

In This Age of Diamond Saucepans, Only a Recession Makes Sense
George Monbiot: Economic growth is a political sedative, snuffing out protest as it drives inequality. It is time we gave it up.

United States Could Go Into Recession, Warns Oecd
West's leading thinktank urges Federal Reserve to cut interest rates as housing market crisis deepens.

Gloomy Greenspan Warns of Recession for Us Economy
Weak housing market puts brake on retail spending - New Fed chairman may be forced to cut interest rates

Signs of Recovery in Us Economy
Fears that the US economy is set to slump in 2007 were allayed yesterday by a rush of strong data from the manufacturing, housing and consumer sectors.

Fed Admits Us Recession on Cards
The United States faces almost a 40 per cent chance of slipping into recession in the next 12 months, according to the Federal Reserve's own market model.

US Trade Deficit Hits Record After Boeing Strike and Hurricanes
Record oil prices as a result of Hurricane Katrina and a strike at plane-maker Boeing sent America's trade deficit surging to an unprecedented $66.1bn (£37.8bn) in September, the US commerce department announced yesterday.

US Jobless Total Lowest for 4 Years
Unemployment in the United States has fallen to its lowest level in nearly four years, data showed yesterday, emphasising the underlying strength of its economy.

Gold Soars, Dollar Dips and Oil Slides in Post-election Turmoil
The post-election honeymoon for the US dollar proved short-lived yesterday as mounting fears over America's widening trade deficit sent the greenback to within a whisker of its all-time low against the euro. In a move that will cut the cost of US exports to the rest of the world and makes...

US Economy Boosted By Rise in Manufacturing Orders
Fears of a slowdown in the US economy today eased as factories reported a jump in orders for costly manufactured goods during July. The US commerce department said orders for durable goods - expensive items such as aircraft - rose by 1.7% in July from the previous month, the biggest gain...

New Energy Bill: Reducing Our Dependence on Foreign Oil
Growing transportation requirements combined with declining domestic oil production have led to burgeoning oil imports. Rising oil prices are having an adverse impact on the U.S. economy as evident from recent economic data and stock market performance. We need a responsible energy plan which will balance our transportation requirements with the necessity to reduce our dependence on foreign oil.

Kerry Boost As Economy Hints at Slide
America's ailing economy has become central to the battle for the White House, amid growing signs that the country's recovery from recession is stuttering to a halt. The economy is now seen as a potentially winning issue for Democrat challenger John Kerry, who made it one of the key...

Spending Slowdown Hits Us Economy
The US economy lost pace in the second quarter amid a sharp slowdown in consumer spending, official figures showed today. For the April-June period, gross domestic product (GDP) rose at a modest 3% annual pace following an upwardly revised 4.5% rate at the start of the year, the Commerce...

The Real Threats to the Economy of the USA
The outcry about offshoring (outsourcing - the relocation of domestic jobs to more efficient and cheaper suppliers abroad) is politically motivated. Outsourcing affects the vocal, politically active, emblematic, and well-connected hi-tech industry in a year of presidential elections. No wonder it has become a campaign issue.

US Economy Grows Less Than Expected
The US economy grew at a robust rate in the first quarter, but less than anticipated by economists, figures showed today. For the first three months of 2002, gross domestic product (GDP), which measures total output, grew at a 4.2% annual rate, the US commerce department reported. While 0...

US Deficit Threatens Global Recovery
Washington received a double broadside over its ballooning government deficit yesterday when two of the world's leading economic thinktanks issued a blunt warning that urgent steps had to be taken to close the gap. President Bush's trillion dollar tax cuts, the costs of the "war on...

Opec Cut Puts Us Economy at Risk, Says White House
President Bush expressed alarm last night after oil cartel Opec threatened to undermine his chances of a second term in the White House by announcing a surprise cut in production from April. The price of crude jumped sharply on futures markets after Opec, at a meeting in Algiers, decided...

Surging Us Economy Leads Global Recovery
The US economy strengthened considerably in December, leading the global economic recovery and leaving Europe and Japan behind, the Organisation of Economic Cooperation and Development (OECD) said today. The upbeat assessment of the US economy from the OECD came just hours ahead of a...

US 'endangering World Economy'
The IMF last night warned that the gaping US budget deficit, ballooning trade imbalance and falling dollar were posing a serious threat to the health of the global economy.

Dollar Hits New Low Against Euro
The dollar today plunged to a new low against the euro as the US trade deficit swelled to $41.8bn (£23.9bn) in October and after an unexpectedly weak reading of consumer sentiment. The US trade gap widened as imports surged ahead of the Christmas shopping season, according to figures...

Dollar Sinks to New Low Amid Deficit Fears
The dollar today sank to record lows against the euro and three-year lows against the yen amid concern that the US will have trouble financing its huge trade deficit. The sharp fall in the greenback followed a US government report showing a steep drop in demand for US stocks and...

Rocketing Property Underpins Us Too
American consumers and the US economy have also been rescued by a domestic housing market - in quite spectacular fashion. Figures out last week for the States revealed a remarkable 7.2 per cent surge in annual growth for July-September this year. That surge was heavily dependent on...

IMF warns trade gap could bring down dollar
The International Monetary Fund yesterday warned that the colossal United States trade deficit was a noose around the neck of the economy, emphasising that the once mighty dollar could collapse at any moment.

US Data Hit Bush's Hopes
Retail sales, consumer confidence, inflation - all lower than forecast. The United States economy stumbled again yesterday with the release of crucial retail sales, consumer confidence and inflation data that were uniformly worse than analysts had been expecting.

US heads for $1.9 trillion deficit as Iraq war costs $48bn
The Bush administration yesterday admitted the federal budget deficit this year would be 50% higher than previous forecasts as it emerged that the Iraq war had so far cost the Pentagon $48bn (£30bn).

Surprise dip in US retail sales triggers economy worries
US retail sales fell unexpectedly in April, official figures showed today, dashing hopes of a sustained rebound in consumer spending after the conflict in Iraq.

With Pot and Porn Outstripping Corn, America's Black Economy is Flying High
Illegal migrants provide the muscle for US black market. Marijuana, pornography and illegal labour have created a hidden market in the United States which now accounts for as much as 10% of the American economy, according to a study.

Sluggish growth for US economy
The US economy grew at a disappointingly weak rate of 1.6% in the first quarter as prewar anxieties hurt consumer and business confidence.

It's the Economy, Stupid
George Bush may have won the war but, if he does not attend to his country's faltering economy, he could lose the next election, writes Mark Tran.

Redundancies rise as US economy stalls
American companies shed 108,000 jobs in March as the US economy sputtered with the onset of war in Iraq, official figures showed today.

Bush Fiddles With Economy While Baghdad Burns
Could a faltering dollar and global rebellion against its values presage the decline, and eventual fall, of the American empire, asks Mark Tran.

Containing the United States
The United States is impelled by its economy and values to world dominion, claimed last week an analysis titled "American Empire Steps Up Fourth Expansion" in the communist party's mouthpiece People's Daily. Expansionism is an "eternal theme" in American history and a "main line" running through its foreign policy.

Bush heeds the lesson from his father - even in wartime, it's the economy, stupid
When the bombs started dropping in Baghdad in 1991, the sense of relief on Wall Street that the waiting was over was palpable. The next day, the Dow Jones index of leading shares climbed 5%.

Bush Appoints Rail Chief to Put Us Economy Back on Track
President George Bush sought yesterday to sharpen up his handling of the wobbly US economy by bringing in rail executive John Snow to head his treasury team. After forcing the resignation of his gaffe-prone treasury secretary, Paul O'Neill, and economic adviser, Larry Lindsey, last Friday...

Economy overshadows Iraq for US voters
Max Cleland, who is seeking re-election to the Senate, is not the sort of man used to having his courage questioned. The Georgia Democrat is a decorated war veteran who lost both legs and his right arm in Vietnam.

It's the economy, stupid
With George Bush directing all his energies towards foreign policy, the foundation of America's strength - its economy - is suffering, writes Mark Tran.

Fresh jolt to American economy
Latest productivity figures will undermine US 'miracle' and fuel fears of 'double-dip' recession. US figures for productivity will slide this week, suggesting a relapse of the world's biggest economy into a 'double dip' recession, and the possibility of further rate cuts from the US Federal Reserve.

US owns up to slowdown
The world's largest economy last year experienced a much deeper and longer recession than previously thought, the US government disclosed last night, as it unveiled figures showing a sharp slowdown in the pace of growth this year.

Greenspan Insists Us Economy is Strong
Alan Greenspan, chairman of America's central bank, moved last night to soothe nerves in the world's jittery stock markets.

Bush vows to stop fraud wrecking economy
President Bush again vowed yesterday that high-level fraud will not be allowed to tarnish America's free enterprise system. Sensing that the corporate scandals enveloping Wall Street could send the US economy back into recession - seriously damaging both his presidency and Republican hopes for the mid-term elections in November.

US Dashes Hopes for Climate Deal
It is wishful thinking to believe that the United States will "trash its economy" in order to take action on climate change and there is no chance of the Bush administration reconsidering its position on the Kyoto protocol, America's senior climate negotiator has said. Harlan Watson told...