Economic News from Yahoo! | Bureau of Economic and Business Research

Economy News

Updated: 11 weeks 3 days ago

Buffett says U.S. on slow path to recovery: report (Reuters)

Wed, 2009-08-19 01:11

Reuters - The United States economy is out of the emergency room and appears to be on a slow path to recovery,, Warren Buffett wrote in an opinion column in the New York Times.

Recession easing for U.S. hospitals, study finds (Reuters)

Tue, 2009-08-18 23:25

Reuters - The recession appears to be easing for U.S. hospitals, although close to a third of hospitals remain in the red, according to a study published on Wednesday.

Study: Financial executives see growth in 2010 (AP)

Tue, 2009-08-18 23:03

AP - Financial services executives believe business conditions will bottom in 2009 before a recovery in the sector and broader economy occurs next year, according to a new study from KPMG LLP.

Global recovery requires US, Asia rebalancing: IMF (AFP)

Tue, 2009-08-18 22:05

AFP - The global recovery from recession depends on a delicate rebalancing of economies -- notably between the United States and Asia -- to sustain it, the chief IMF economist said.

THE INFLUENCE GAME: Stand-ins work as placeholders (AP)

Tue, 2009-08-18 19:35

AP - Rose and Zine Hosein have stand-up jobs and get paid $15 an hour for it. The 60-something couple have the ultimate niche occupation in Washington's influence economy, holding places in line for lobbyists outside crowded congressional hearing rooms.

Retailers' results top estimates; wariness remains (AP)

Tue, 2009-08-18 17:37

AP - Retailers that reported their second-quarter earnings Tuesday made big strides in profitability from a year ago by slashing inventory and other costs, but executives predicted shoppers will remain tightfisted.

Summary Box: Wholesale prices signal low inflation (AP)

Tue, 2009-08-18 17:19

AP - WHAT HAPPENED?: Wholesale inflation dropped 0.9 percent in July, reflecting big declines in energy and food costs. Construction of single-family homes rose for a fifth straight month, though overall housing construction fell 1 percent because of weakness in apartment building.

Sector Snap: Analyst starts coverage of FedEx, UPS (AP)

Tue, 2009-08-18 17:17

AP - An RBC Capital Markets analyst initiated coverage on the world's two largest package delivery carriers on Tuesday, saying that FedEx Corp. shares might grow more as the economy begins to recover.

U.S. housing starts keep recovery hopes alive (Reuters)

Tue, 2009-08-18 16:44

Reuters - Ground-breaking for new U.S. single-family homes rose for a fifth straight month in July and producer prices tumbled, keeping hopes for an economic recovery alive.

THE INFLUENCE GAME: Stand-ins hold lobbyist spots (AP)

Tue, 2009-08-18 16:28

Inflation a no-show in July, likely to stay muted (AP)

Tue, 2009-08-18 15:12

AP - Inflation was a no-show in July and likely will stay away for months to come, giving the Federal Reserve room to keep invigorating the economy with record-low interest rates.

Does the U.S. Economy Need a Job-Creation Stimulus? (Time.com)

Tue, 2009-08-18 15:05

Time.com - If the recession is just about over, where are all the jobs? Is it time to go back to a program that helped lift the country out of the Great Depression?

Oil rebounds alongside stocks to more than $69 (AP)

Tue, 2009-08-18 14:31

AP - Oil prices rebounded sharply alongside the major stock indices Tuesday after a huge sell-off that began the week.

Home Depot 2Q profit beats expectations (AP)

Tue, 2009-08-18 14:08

AP - Home Depot Inc. on Tuesday that its fiscal second-quarter profit fell 7 percent, as consumers continued to shy away from bigger purchases, but cost cutting and sales of smaller items such as paint and garden products helped results beat expectations.