Ahead of the Bell: Wholesale Inventories AP (November 06, 2009) WASHINGTON (AP) - Businesses likely slashed wholesale inventories for a record 13th consecutive month in September. But analysts expect sales rose for a sixth straight month.
China criticizes US over pipe duties AP (November 06, 2009) BEIJING (AP) - China criticized Washington for imposing anti-dumping duties on Chinese-made steel pipes and launched a probe Friday of imported U.S. autos, adding to trade tensions two weeks before President Barack Obama visits Beijing.
G20 officials to wrestle over economic imbalances AP (November 06, 2009) ST. ANDREWS, Scotland (AP) - Finance officials from rich and developing countries face difficult negotiations over how to even out the imbalances weighing on the world economy as they gather Friday for a summit at a seaside hotel in Scotland.
EU lifts 2010 growth forecast AP (November 03, 2009) BRUSSELS (AP) - The European Commission on Tuesday predicted that the EU and eurozone will grow in 2010 at a modest rate of 0.7 percent as the economy moves from a sharp recession to a hesitant and fragile recovery.
Economy grows in 3Q, signals end of recession AP (October 29, 2009) WASHINGTON (AP) - The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It's the strongest signal yet that the economy has entered a new, though fragile, phase of recovery and that the worst recession s
Obama to lay out plans to help small businesses AP (October 29, 2009) WASHINGTON (AP) - President Barack Obama speaks Thursday morning to small business leaders about the administration's plans to offer them assistance.
Durable goods orders rise 1 percent in September AP (October 28, 2009) WASHINGTON (AP) - Orders to U.S. factories for big-ticket manufactured goods rose in September as the biggest jump in demand for machinery in 18 months offset weakness in commercial aircraft and autos.
Fla. man says Home Depot fired him over God button AP (October 28, 2009) WEST PALM BEACH, Fla. (AP) - A former cashier for The Home Depot who has been wearing a "One nation under God" button on his work apron for more than a year has been fired, he says because of the religious reference. The company claims that expressing such personal beliefs is simply not allowed.
Biden tells Ohio stimulus program helping economy AP (October 27, 2009) CLEVELAND (AP) - Vice President Joe Biden told an Ohio audience that the federal economic stimulus package is helping to revive the U.S. economy and has helped stabilized the financial markets.
German business confidence rises in October AP (October 23, 2009) FRANKFURT (AP) - German business confidence rose for a seventh consecutive month in October as Europe's largest economy showed more signs of recovery and firms' outlook for exports improved, a survey found Friday.
Wholesale inflation dips unexpectedly in September AP (October 20, 2009) WASHINGTON (AP) - Wholesale prices dropped unexpectedly in September due to lower energy costs, as inflation remains in check amid signs of a broad economic recovery.
Housing starts rise in Sept.; wholesale prices dip AP (October 20, 2009) WASHINGTON (AP) - Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. But applications for building permits fell by the largest amount in five months, a worrisome sign for future housing work.
Business inventories decline 1.5 percent in August AP (October 14, 2009) WASHINGTON (AP) - Businesses slashed inventories for a 13th consecutive month in August although sales posted a third straight increase.
Survey: Most economists see recovery beginning AP (October 12, 2009) NEW YORK (AP) - More than 80 percent of economists believe the recession is over and an expansion has begun, but they expect the recovery will be slow as worries over unemployment and high federal debt persist.