Highlights
A collection of news and information related to Economy published by Tribune Company sources.
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Consumer spending rises only 0.2% in July
Associated PressConsumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments. The Commerce Department report yesterday showed that consumer activity got off to a shaky start in the...Tags: Economic Indicator, Energy, Consumers
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Consumers slower to buy during July
Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning effect of $93 billion in economic stimulus payments.
Friday's Commerce Department report showed that consumer activity got off to a shaky start in the third...Tags: Inflation and Deflation, Government, Energy, Elections, Consumer Confidence
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Higher tax on smokes
I strongly support the Orlando Sentinel's position that raising the state's cigarette excise tax offers a responsible solution to address Florida's budget struggle. Rather than cutting funds, this action provides state leaders with a means to create much-...Tags: State Budgets, Government, Heads of State
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Slower spending hurts Dell, tech firms
From Chicago Tribune news servicesU.S. stocks fell on Friday, paring the biggest monthly gain since April, as consumer spending slumped and lower-than-estimated earnings from Dell Inc. dragged down technology companies. The Dow Jones industrial average lost more than 170 points,...Tags: Stock Activities, Economic Indicator, Hurricane Gustav, Stocks, PNC Financial Services Group Incorporated
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Income, Spending Reports Raise Fears Economy Will Falter
Associated PressConsumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments. The Commerce Department report Friday showed that consumer activity got off to a shaky start in the third...Tags: Economic Indicator, Inflation and Deflation, Federal Reserve, Energy, Consumer Confidence
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Incomes drop by largest amount in 3 years
The Associated PressPersonal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane. The Commerce Department reported today that personal incomes fell by 0.7 percent in July, the...Tags: Inflation and Deflation, Government, Elections, Government Debt, Barack Obama
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Dow rises by 200+ points
Associated PressWall Street barreled higher yesterday after a better-than-expected reading on gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up. The Dow Jones industrial average jumped more than 200 points....Tags: Stock Activities, Economic Indicator, Stocks, Financial Markets, Petroleum Industry
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Veiwpoint: The Cold War, reheated
So you haven't liked the last couple of decades? Been longing for a simpler time, before text-messaging, Hannah Montana, the Global War on Terror and other total bummers? No problem. For you, we'll make it 1981 again. Rick Springfield, whose single...Tags: Prices, NATO, Defense, Wars and Interventions, Ronald Reagan
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U.S. economy's 2Q growth outpaces expectations
Los Angeles TimesTax rebate checks and robust exports helped the U.S. economy grow at a faster-than-expected rate in the second quarter, the government reported yesterday. But some economists warned that those two factors can't prop up growth for long. U.S. gross...Tags: Stock Activities, Economic Indicator, The White House, Stocks, Productivity
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Growth Isn't Likely To Last
The 3.3 percent rate of GDP growth seen this spring probably won't continue, economists warn. Page E2 -
Blue chips barrel higher by 212.67
A better-than-expected GDP reading and a drop in jobless claims gave investors some reassurance that the economy is holding up. A decline in oil prices also appeared to add force to the rally in stocks. Trading volume was light heading toward the Labor...Tags: Economic Indicator, Petroleum Industry, Labor Day
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Rebate checks, exports boost 2Q growth
Tax rebate checks and robust exports helped the U.S. economy grow at a faster-than-expected rate in the second quarter, the government reported Thursday. But some economists warned that those two factors can't prop growth up for long. U.S. gross...
Aug 30, 2008
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Aug 29, 2008
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Aug 29, 2008
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Aug 29, 2008
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