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U.S. trade gap narrows in March on weak imports
ReutersWASHINGTON, May 2 (Reuters) - The U.S. trade deficit fell more than expected in March as imports recorded their biggest drop since 2009, the latest sign of slowing domestic demand. The Commerce Department said on Thursday the trade gap narrowed 11.0...Tags: Federal Reserve, European Union, Imports, China, Trade Balance
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TEXT-ECB statement after rate decision
ReutersBRATISLAVA, May 2 (Reuters) - - The European Central Bank made its first interest rate cut in 10 months on Thursday, taking its main rate to a record low 0.50 percent in response to a sharp drop in inflation and rising unemployment. Following is the text...Tags: Financial Markets, Foreign Exchange Market, Economic Indicator, European Central Bank, Budgets and Budgeting
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WRAPUP 2-U.S. jobless claims fall sharply to five-year low
Reuters* Jobless claims fall sharply to 324,000 last week * Trade deficit narrows in March but imports, exports fall * U.S. job market improving despite economic soft patch By Jason Lange WASHINGTON, May 2 (Reuters) - The number of Americans filing new...Tags: Unemployment, Economic Indicator, European Central Bank, Career and Workplace, Employment Opportunities
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COLUMN - Renewed optimism can be a double-edged sword: Anatole Kaletsky
Reuters(Anatole Kaletsky is a Reuters columnist but his opinions are his own.) By Anatole Kaletsky May 2 (Reuters) - This is a critical week for the world economy and financial markets, especially in the United States. Friday's U.S. employment report will...Tags: Immigration, Barack Obama, U.S. House of Representatives, Budget Control Act of 2011, Politics
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Obama quietly signs bill easing air travel delays
ReutersBy Mark Felsenthal WASHINGTON, May 1 (Reuters) - Without comment or fanfare, President Barack Obama on Wednesday signed legislation sparing U.S. air travel from the effects of across-the-board spending cuts that had caused delays and stirred public ire....Tags: Trips and Vacations, Air Transportation Delays, Barack Obama, Washington, DC, Travel
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LETTER: Should Criticize Obama As Well As Bush
In the column "Library Celebrates Nice Man, Lame Leader" [April 28, Opinion], writer Bill Press asserts that George W. Bush's "presidency was a disaster." Press described Bush's presidency in this fashion because he made decisions that damaged the...Tags: George W. Bush, Barack Obama, Politics
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Chicago Public Schools raises questions with $162 million capital budget
Chicago Public Schools released a proposed $162 million capital budget for its 2014 fiscal year Wednesday that officials said will focus only on the "most urgent needs and educational facilities," in light of a projected $1 billion budget deficit. The...
Tags: Chicago Public Schools, Budgets and Budgeting, Government Debt, Politics
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TREASURIES OUTLOOK-Yields near four-month lows as Fed stays the course
Reuters* Yields rise from four-month lows after Fed statement * Friday's payroll number next market focus * Treasury may reduce note, bond issuance on falling deficit * Treasury will benchmark floating rate-notes against 3-month T-bills By Karen Brettell NEW...Tags: Federal Reserve, Labor Markets, Career and Workplace, U.S. Department of the Treasury, Employment
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U.S. may reduce borrowing as budget gap shrinks
ReutersWASHINGTON (Reuters) - The Treasury Department said on Wednesday it might be able to sell less long-term debt in the future if the budget deficit continues to come down. In its quarterly debt refunding announcement, the Treasury did hold the sizes of its...Tags: Economic Indicator, U.S. Department of the Treasury, Auction Service, Government Debt, Budget Control Act of 2011
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Federal education cuts via 'sequester' will hurt Lincoln County's students
ben@theinteriorjournal.comIt's a television scene familiar to most of us over 20 years old: Wile E. Coyote buys himself an ACME catapult and assembles it, aiming a huge, red rock to land on a black "X" where he anticipates the elusive Roadrunner will pass by. As Coyote lies in...Tags: Mitch McConnell, Harold Rogers, Budgets and Budgeting, Lobbying, U.S. Congress
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Earnings' fun-house mirror: James Saft
Reuters(Reuters) - U.S. corporate earnings appear as if reflected in a distorting fun-house mirror: profits are huge but revenues strangely shrunken. Corporate profits have grown strongly, up 2.1 percent among S&P 500 companies reporting first-quarter...Tags: Periodicals, Money and Monetary Policy, Consumers, Stock Market, S&P 500
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Italy's Letta faces early squeeze over anti-austerity drive
Reuters* Letta vows end to austerity and promises to meet debt targets * Government tensions over call to scrap unpopular housing tax * No detail on how to pay for tax cuts By James Mackenzie ROME, May 1 (Reuters) - Italy's new prime minister, Enrico Letta,...Tags: Mario Monti, Economic Indicator, Career and Workplace, Budgets and Budgeting, Francois Hollande
May 2, 2013
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May 1, 2013
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May 1, 2013
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May 1, 2013
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May 1, 2013
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May 1, 2013
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Apr 30, 2013
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May 1, 2013
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