Honda Chief: Fed Should Cut Interest Rates to Invigorate Economy ROCHESTER, Mich. (AP) -- Honda's top U.S. executive said Friday the Federal Reserve should cut interest rates to help invigorate the economy. John Mendel, executive vice president of a
Euro Inflation Stable at 1.8 Pct in August, July Jobless Rate Holds Steady BRUSSELS, Belgium (AP) -- Inflation in the 13 countries that use the euro currency should remain a steady 1.8 percent in August, the European Union's statistical agency said
India Says Economy Grew 9.3 Percent in Fiscal 1st-Quarter Despite Tight Money Measures NEW DELHI (AP) -- India's economy expanded by a faster-than-expected 9.3 percent in the first fiscal quarter as manufacturing output and services grew, the govern
Even with new jobless claims rising last week to their highest level since April, many economists say housing-related job losses may be a lot worse than official data show. First-time claims rose for a fifth straight week to 334,000, the Labor Depar
OFHEO: Home price gains slump Q2 prices rose 3.2% vs. a year ago, the slowest rise in a decade, the Office of Federal Housing Enterprise Oversight said. Price gains could turn into declines, as they have in other measures, and are taking a toll on b
GDP Up 4 Percent in 2nd Quarter, but Growth May Be Hampered by Housing Slump and Credit Crisis WASHINGTON (AP) -- The economy enjoyed a strong revival in the spring although growing troubles in housing and credit markets have darkened prospects cons
Stocks Finish Mixed Amid Ongoing Worries About Economy, Credit Market NEW YORK (AP) -- Stocks finished a back-and-forth session mixed Thursday as investors grappled with weaker-than-expected economic data and weighed the chances of the Federal Reser
NEW YORK (Reuters) - Home builders, mortgage lenders and a federal regulator maintained the flow of downbeat reports on U.S. housing on Thursday, adding to a cacophony of calls for the Federal Reserve to lower its key interest rate. The worry is the
Washington State's Most Plentiful Jobs Defy Stereotypes SPOKANE, Wash. (AP) -- All you Western Washington aerospace workers and Eastern Washington farmers listen up: It turns out you are not such a big deal after all. In a paradigm-busting report, t
China Replaces Finance Minister After Reports He Was Involved in Sex Scandal BEIJING (AP) -- China replaced its finance minister Thursday amid reports he was involved in a sex scandal and also named a new chief of secret police. The reshuffle appear
Mo. Lawmakers Pass $66 Million Tax Break Bill JEFFERSON CITY, Mo. (AP) -- Lawmakers gave final approval Thursday to $66 million a year in new tax breaks, sending Gov. Matt Blunt a bill touted as pivotal to the creation of thousands of jobs. Under th
Report: Montana Jobs Abundant, Wages Up HELENA, Mont. (AP) -- Jobs are plentiful in Montana and wages have risen, but they remain low compared to pay in other states, an economist said this week after state government's annual Labor Day Report on em
Chinese Finance Minister Jin Renqing Resigns for 'Personal Reasons' BEIJING (AP) -- Government officials said Thursday that Finance Minister Jin Renqing resigned for "personal reasons," amid concerns of surging inflation and just weeks ahead of an e
U.S. Faces Deep Economic Downturn but Recession Unlikely, Says Nobel Laureate Stiglitz KUALA LUMPUR, Malaysia (AP) -- The U.S. could face a prolonged economic downturn due to its subprime mortgage woes, but is unlikely to plunge into a recession, No
·Treasury's Paulson wants fas
·Euro Drifts Lower Against US
·Dollar Edges Higher Against
·Greenspan Doubts US Will Fac
·Home builders forecast: Not
·Study: D.C. Poverty Up Despi
·Chinese Economy Surges 11.5
·Economic Watchdog, Oct. 24
·Another Quarter-Point Cut Is
·German Business Confidence D
·NZ Interest Rate Steady at 8
·Brazil Unemployment Falls in
·Euro Drifts Lower Against US
·Dollar Edges Higher Against
·Greenspan Doubts US Will Fac
·Home builders forecast: Not
·Study: D.C. Poverty Up Despi
·Chinese Economy Surges 11.5
·Economic Watchdog, Oct. 24
·Another Quarter-Point Cut Is
·German Business Confidence D
·NZ Interest Rate Steady at 8
·Brazil Unemployment Falls in
Economy
