Topic: The Conference Board
Compact cars will be built in greater numbers this year as automakers cater to penny-pinching consumers. Companies also hope to eat into sales of Toyota, Honda compact cars.
08/31/2011 10:09 am
Money spent to rebuild after hurricane Irene may slightly stimulate the economy, especially as a result of insurance payments. But most expenditures will merely be diverted from one area to another.
08/30/2011 05:31 pm
Bonds rise as interest rates fall. Will Federal Reserve buy more bonds?
08/30/2011 05:10 pm
Consumer confidence falls to lows not seen since depths of Great Recession. Such drops in consumer confidence often forecast falling growth.
08/30/2011 04:31 pm
Bank stocks are cheap, says analyst Doug Kass. In the next two months alone, bank stocks should rise up to 15 percent.
08/18/2011 09:59 pm
Stock traders see the Dow fall 500 points before paring some of its losses. European stock traders endure biggest one-day decline in almost three years.
08/18/2011 01:23 pm
Stocks plummeted Monday, in response to the S&P's decision Friday evening to downgrade the US debt rating from AAA to AA+.
08/08/2011 01:38 pm
The US economy will double its growth rate by the end of the year, if Congress raises the debt ceiling, says economic forecaster Mark Zandi. Otherwise, 'we would be thrown into recession.'
06/28/2011 03:05 pm
The Dow fell about 240 points in May, which ended a five-month stretch of gains. Stocks closed higher on Tuesday with news of a possible Greek bailout package.
05/31/2011 06:05 pm
The home sales report also found that the median price for sales of previously owned homes was $163,700 – some 5 percent below the median price a year ago.
05/19/2011 03:35 pm