US Economy: 9/28 Yahoo! News: Economy News

Yahoo! News: Economy News

Job optimism boosts German consumer confidence (AP)

September 28, 2010 at 4:03 PM

AP - German consumer confidence has jumped as economic expectations spiked to their highest level in three years and unemployment continues to fall, according to a survey released Tuesday.

Census finds record gap between rich and poor (AP)

September 28, 2010 at 3:09 PM

AP - The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession.

ADB raises Asia growth forecast to 8.2 percent (AP)

September 28, 2010 at 1:07 PM

AP - The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned the risk of another recession in advanced countries has not completely receded.

No California budget deal yet, more talks on Tuesday (Reuters)

September 28, 2010 at 10:30 AM

Reuters - California's leaders failed to reach a final budget agreement to close a $19.1 billion deficit on Monday, the 89th day of their stalemate over a spending plan, top lawmakers said.

Steps you can take to improve your credit score (AP)

September 28, 2010 at 6:07 AM

AP - If you're planning to apply for a mortgage or other consumer loan in coming months, you'll get more offers and lower interest rates with a solid credit score. Here are some tips for improving your score before you apply:

Obama signs small business bill into law (Reuters)

September 28, 2010 at 4:05 AM

Reuters - President Barack Obama signed a $30 billion small business lending bill into law on Monday, claiming a victory on economic policy for his fellow Democrats ahead of November congressional elections.

Interest rates fell at weekly Treasury auction (AP)

September 28, 2010 at 3:42 AM

AP - Interest rates on short-term Treasury bills fell in Monday's auction with rates on six-month bills dropping to the lowest level in three weeks.

A look at economic developments around the globe (AP)

September 28, 2010 at 3:24 AM

AP - A look at economic developments and activity in major stock markets around the world Monday:

Iraq: US should help break government deadlock (AP)

September 28, 2010 at 3:14 AM

AP - Iraq's foreign minister urged the United States on Monday to take a more active role in breaking the deadlock over formation of a new government, saying the nearly seven-month election stalemate has not only left the country in limbo but hurt its economy.

Campaign hopes 'rebranding the buck' could help US recovery (AFP)

September 28, 2010 at 2:51 AM

AFP - The United States could help dust off the remnants of recession by re-branding the dollar, according to one man determined to give the greenback a makeover.

Japan seeks damages as China trawler row lingers (Reuters)

September 27, 2010 at 10:10 PM

Reuters - Japan said it will ask China to pay for damage to its patrol boats suffered in a collision with a Chinese trawler, as Asia's top two economies continue to bicker over the affair.

Despite economy, Americans don't want farm work (AP)

September 27, 2010 at 10:05 PM

AP - As the economy tanked during the past two years, a debate has raged over whether immigrants are taking jobs that Americans want. Here, amid the sweltering vineyards of the largest farm state, the answer is no.

Obama says U.S. not in a jobless recovery (Reuters)

September 27, 2010 at 9:01 PM

Reuters - President Barack Obama said on Monday the United States must accelerate job growth, but he said the country was not experiencing a "jobless recovery" as it pulled out of a recession.

Japan's export growth slows for sixth month (AP)

September 27, 2010 at 4:54 PM

AP - Japan's export growth slowed for the sixth consecutive month in August as a strong yen and cooling global demand rattled an already fragile recovery.