U.S. National Economy

1-17 of 63 results

Nobel laureate says happiness important for growth

Reuters Life! Online Report 16 hours ago

LONDON (Reuters) - Levels of happiness could help shape economic policy in the industrialized world in the same way such factors have gained prominence in developing countries, said economics Nobel laureate Amartya Sen. Sen, 76, said citizens' quality of life and their ...

Falling Chicago Fed index bodes ill for U.S. recovery

Reuters US Online Report Business News 17 hours ago

NEW YORK (Reuters) - The Federal Reserve Bank of Chicago said on Monday its gauge of the national economy fell further into negative territory in October, in a report that suggested the economic recovery could be in trouble. The Chicago Fed said ...

OECD area shakes off recession with fragile rebound

AFP Global Edition 18 hours ago

Top industrialised economies broke free of recession in the third quarter despite falling output in Britain, OECD data showed Monday, but the IMF warned that the recovery was "vulnerable" and markets sent a similar message. Data released by the Organisation for Economic ...

OECD area jumps clear of recession, Britain stuck

AFP Global Edition 18 hours ago

The OECD area of leading industrialised economies pulled clear of recession in the third quarter with 0.8-percent growth but British output still shrank, OECD data showed on Monday. The 30 economies in the Organisation for Economic Cooperation and Development showed growth of ...

Chicago Fed chief sees 10.5 percent U.S. jobless peak: report

Reuters US Online Report Domestic News 22 hours ago

PARIS (Reuters) - Chicago Federal Reserve President Charles Evans expects U.S. unemployment to peak at around 10.5 percent next spring and hopefully easing to about 9.5 percent by end-2010, according to comments published on Monday. "The best guess would be that we ...

Analysis: Fed under fire as public anger mounts

AP News 23 hours ago

Analysis: Fed bashing on rise in face of anger over Wall Street bailouts, high unemployment Suddenly the Federal Reserve is everybody's punching bag. Strip the Fed of its bank regulation powers, some in Congress are demanding. Get probing audits of its behind-the-scenes ...

Fed's Bullard: Keep MBS program active longer

Reuters US Online Report Business News yesterday

NEW YORK (Reuters) - A senior Federal Reserve official said on Sunday the central bank should keep alive its mortgage-related assets purchase program beyond a planned end-date to give policy-makers more flexibility as they help the economy recover from a painful recession. ...

US economy will 'bounce back': Indian PM

AFP Global Edition yesterday

Indian Prime Minister Manmohan Singh has voiced confidence that the US economy will make a strong recovery and poured cold water on talk of dropping the dollar as the key global currency. In an interview ahead of his arrival Sunday on a ...

Investors look to data-heavy week for more clarity

AP News yesterday

Investors to look for more clarity on economy as holiday-shortened week brings flurry of data Investors are heading toward the final month of the year with more questions about the economy than they had just a few weeks ago. The uncertainty, which ...

Housing data in focus as Wall Street rally pauses

AFP American Edition 2 days ago

Key housing sector data may provide direction for Wall Street in the coming week as the market looks for confirmation of economic recovery and girds for the year-end holiday period. Investors are expected to carefully monitor data on sales of new and ...

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