Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stock index futures point to extended gains for Wall Street Friday as traders remain upbeat on the U.S. economy. Shortly before the opening bell, the Dow Jones Industrial Average rose 38 points to 13,209, the Standard & Poor’s 500 futures eked up [...]
Posts Tagged ‘Consumer’
US economy sluggish during first three months of year
May 26th, 2011
davidguide Linda Young – AHN News Writer Washington, DC, United States (AHN) – The U.S. economy grew at a meager 1.8 percent during the first quarter of the year, according to the U.S. Commerce Department’s Bureau of Economic Analysis report released Thursday. That was down from the 3.1 percent growth in real gross domestic product (GDP) [...]
Court gives Postal Service second chance to raise rates
May 25th, 2011
davidguide Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – The U.S. Postal Service might still have a chance to raise its rates by more than 5 percent after a federal court ruling this week. The Postal Service tried to raise its rates earlier this year but the plan was rejected by [...]
Brokers Battle LO Comp Rule, YSP Restrictions
March 30th, 2011
davidguide Federal rules go into effect this week to cap the pay of mortgage brokers — people who connect borrowers and lenders — in a move that has industry groups howling and consumer advocates smiling. The question is whether there will be unintended ripples that could squeeze first-time home buyers with limited credit histories and also [...]
Israeli central bank determined to gain control of Israel’s growth engine
March 29th, 2011
davidguide The Media Line Staff Jerusalem, Israel (TML) – The Israeli growth engine has powered the economy through wars, a global financial crisis and turmoil in the Middle East, but Stanley Fischer, the country’s central banker, is now determined to get a grip on the controls. Fischer took economists and the financial markets by surprise late [...]
Growing, but not quickly
January 29th, 2011
davidguide WASHINGTON – Stronger consumer spending and trade gave a lift to the U.S. economy in the final three months of last year, the Commerce Department reported Friday, but the pace of growth was less than what many analysts were predicting and not robust enough to suggest strong hiring by companies. View full post on All [...]
Russia-China oil pipeline starts operation
January 2nd, 2011
davidguide Windsor Genova – AHN News News Writer Mohe, China (AHN) – Russian oil began flowing to China on Saturday via a 621-mile long pipeline stretching from Siberia to northeastern China’s Daqing City. Some 42,000 tons of crude oil had flowed from the Russian town of Skovorodino to Mohe in China’s Heilongjiang Province on Sunday. From [...]
Consumer confidence falls further
December 11th, 2010
davidguide The government downgraded its basic assessment of consumer confidence Friday, saying it is “weakening” as the diminishing effects of the government’s fiscal stimulus measures turn household sentiment … View full post on All Stories
BNI to boost consumer loan next year
December 6th, 2010
davidguide State owned bank PT Bank Negara Indonesia plans to increase its consumer loan to 30 percent of the total loans next year, assuming that the demand for the credit will remain high. View full post on All Stories
Consumer confidence in November hits 5-month high
November 30th, 2010
davidguide A monthly survey shows Americans’ confidence in the economy rose in November to the highest level in five months. View full post on All Stories
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