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A collection of news and information related to Economy published by Tribune Company sources.
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2723 items on Economy
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Oil prices fall more than $1 a barrel
Associated Press WriterOil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chances of American or Israeli military action against OPEC's second-largest oil producer....Tags: Nuclear Policy, New York Mercantile Exchange, Stocks, Energy Saving, Money and Monetary Policy
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Wall Street has mixed finish for shortened week
Wall Street capped a shortened trading week with a mixed finish yesterday after a tame reading on employment but another record high for the price of oil. Stocks had their third dismal week in a row, with the major indexes again posting losses as worries...Tags: Stock Activities, Prices, Commodity Markets, Petroleum Industry, New York Mercantile Exchange
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Fragile economy takes toll on jobs
Los Angeles Times Staff WriterThe nation shed 62,000 more jobs in June, bringing total losses for the year to 438,000 and rekindling concerns that the United States is in recession. What's more, the Labor Department's unemployment report, released Thursday, showed job losses in April...Tags: Industrial Production, Unemployment, Business, Job Layoffs, Employment
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High Fuel Costs Cloud Holiday Weekend
Associated PressSoaring fuel costs are taking some of the celebration out of this holiday weekend. Oil prices headed into the busy Fourth of July break by racing past $145 a barrel for the first time Thursday. The story was no different at the gas pump, where the...Tags: Tampa, Auto Trends, New York Mercantile Exchange, Energy Saving, Upstream Oil and Gas Activities
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Japan's key stock index extends losses
Japan's key stock index extended its longest slide in more than a half-century, as record oil prices intensified concerns over the impact on corporate earnings and consumer demand. The benchmark Nikkei 225 Stock Average lost 27.51 points, or 0.21...Tags: Sony Corp., New York Mercantile Exchange, Energy Saving, Money and Monetary Policy, Prices
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Surging oil price takes no holiday
Associated PressSoaring fuel costs are taking some of the celebration out of the holiday weekend. Oil prices headed into the 4th of July break by racing past $145 a barrel for the first time Thursday. The story was no different at the gas pump, where the national...Tags: Prices, Foreign Exchange Market, Commodity Markets, AAA, Petroleum Industry
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Services, jobs reports give no direction
Wall Street capped a shortened trading week with a mixed finish Thursday after news of a contraction in the nation's services sector and a relatively tame reading on employment. But stocks still had their third down week in a row, with the major indexes...Tags: Petroleum Industry, Stocks, Fourth of July, Franklin Templeton Limited Duration Income Trust, Money and Monetary Policy
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European shares fall, Asia markets mixed
Associated Press WriterEuropean markets fell and Asian markets were mixed Friday as investors digested uneven readings on the U.S. economy and oil prices that remained near records. Japan posted its 12th straight day of losses. Trading was subdued as U.S. financial markets...Tags: New York Mercantile Exchange, Credit Ratings, UBS AG, Money and Monetary Policy, Energy Saving
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Jobs continue to fade
Chicago Tribune reporterU.S. employers chopped 62,000 workers from their payrolls in June, the Labor Department reported Thursday, the sixth consecutive month in which the nation's stumbling economy has lost jobs. The jobless rate was 5.5 percent, unchanged from May but...Tags: Labor Markets, Unemployment, Job Layoffs, Employment, Wages and Pensions
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Many emerging nations bound up by inflation
Associated PressNEW YORK—There is nowhere to hide from inflation. Prices in one in four countries, many of them in emerging markets, are accelerating at a double-digit pace, which puts them at least 21/2 times the 4 percent annual U.S. headline inflation rate,...Tags: Prices, Productivity, Earnings Forecasts, Central Bank, Federal Reserve
Jul 4, 2008
|Story| Associated Press
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|Story| Chicago Tribune
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|Story| Associated Press
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|Story| Chicago Tribune
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|Story| Chicago Tribune
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