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Fed Keeps Pledge on `Exceptionally Low' Rates, Says Economy Strengthening

16 hours ago ago from Fabcara

Bloomberg News, envoyé de mon iPhone. Fed Keeps 'Extended Period' Pledge, Sees Improvement Dec. 16 (Bloomberg) -- The Federal Reserve repeated its pledge to keep interest rates "exceptionally low" for "an extended period" and said the economy is strengthening. "Deterioration in the labor market is abating," the Federal Open Market Committee said in a statement today after meeting in Washington. "Household spending appears to be ...

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Long-run prospects for the dollar

18 hours ago ago from McKinsey: What Matters

Go to content Go to navigation Go to search About this site | About our authors Subscribe: E-mail RSS 15 December 2009 An exorbitant privilege? Implications of reserve currencies for competitiveness By Richard Dobbs and David Skilling In Currencies 15 December 2009 The future of the dollar By Rakesh Mohan In Currencies ...

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Stimulus Still Necessary, For Now - Carnegie Endowment for International Peace

13 hours ago ago from Carnegie Endowment for International Peace

Print Cancel Washington DC Moscow Beijing Beirut Brussels Issues Regions Programs Experts Events Publications Enter search terms Search Page Tools News Feeds Share & Save Email Print Preview Related Issues Global Financial Crisis International Hot Spots and Crises Browse by Title Issue Date Author Program Area Publication Type Resources About Carnegie Publications Ordering information For book ...

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Europe Manufacturing, Services Expansion Accelerates

7 hours ago ago from Finance time

Europe’s service and manufacturing industries expanded at the fastest pace in more than two years in December, suggesting the euro-area economy is gathering strength. A composite index based on a survey of purchasing managers in both industries in the 16-nation euro region increased to 54.2 from 53.7 in November, London-based Markit Economics said today in an initial estimate. That was the highest since October 2007. Economists expected ...

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World economy will bounce back in 2010

17 hours ago ago from Bulls versus Bears

The world economy is expected to bounce back in 2010 with Asian economies continuing to pace global growth. Among the industrialized nations, the United States, where the financial system and labor market are showing signs of stabilization, will outpace Europe where stubbornly high unemployment is likely to sap the strength of recovery. According to the International Monetary Fund's World Economic Outlook , the global output is expected ...

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White Americans' Majority To End By Mid-Century

21 hours ago ago from Huffington Post

WASHINGTON The estimated time when whites will no longer make up the majority of Americans has been pushed back eight years to 2050 because the recession and stricter immigration policies have slowed the flow of foreigners into the U.S. Census Bureau projections released Wednesday update last year's prediction that white children would become a minority in 2023 and the overall white population would follow in 2042. The earlier estimate did ...

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New Jobless Claims Rise, But Average Still Falling : NPR

55 minutes ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast New Jobless Claims Rise, But Average Still Falling by The Associated Press text size A A A December 17, 2009 The number of newly laid off workers ...

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Nissan, Chinese Partner Expect 16% Sales Gain Next Year

22 hours ago ago from Wall Street Journal

BY PATRICIA JIAYI HO AND NORIHIKO SHIROUZU BEIJING Nissan Motor Co. and its main local partner in China expect to sell 600,000 passenger cars next year, up 16% from projected sales volume this year, a senior executive of the joint venture said Wednesday. This year has seen exceptional auto-sales growth in China, spurred by tax cuts and other stimulus measures. Projections for next year are for continued growth but at a less torrid pace. ...

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Okla. state leaders order 10 percent budget cuts

22 hours ago ago from U.S. News

Okla. state leaders order 10 percent budget cuts OKLAHOMA CITY (AP) -- Oklahoma officials ordered budget cuts of 10 percent across state government on Tuesday, after revenue collections on a downward spiral fell short of projections for an eleventh consecutive month. So far in the fiscal year that began July 1, revenue collections are $717 million below the prior year's level - a drop of more than 28 percent. State Treasurer Scott Meacham ...

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BBC News - Irish Republic out of recession as GDP grows

1 hour, 52 minutes ago ago from BBC

Irish people are finding life hard in the current economic climate The Irish economy saw modest growth in the third quarter of this year. Figures just released by the government's statistics agency showed gross domestic product rose by 0.3% compared with the quarter before. The figure indicates the country has pulled out of what was one of Europe's worst recessions. The economy shrank by 7.4% compared with July to ...

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