Newest Posts in US Economy Atom Feed from Searchles Fri Jul 25 23:14:30 -0400 2008 en-us Even Southwest's outlook is uneasy for 4th quarter the_wako_kid uffeted by stubbornly high fuel prices and a soft economy, U.S. airlines are facing such a tough outlook next quarter that even Southwest Airlines' (LUV) 17-year string of quarterly profits could come to an end. Seeing Shades of the 1930s the_wako_kid The government's efforts to keep Fannie and Freddie afloat have a lot in common with the New Deal. OMG - What has Yahoo Done ? danglingwrangler Yacrosoft or Michoo – too Icahnish? When America was once prosperous, not too long ago and most U.S. industries had at least a bright near-term economic future, the greedy class of American could enrich themselves privately, away from the media and general public – but, those times have changed. This recent statement in The Washington Post article says it all - “Icahn, who owns a 5 percent stake in Yahoo, emphasized he still believes a sale of all or part of Yahoo may still be the best way for the Sunnyvale, Calif.-based company to lift its sagging stock price.” No mention whatsoever has been discussed publicly of what to fix that people don’t like about Yahoo that may be causing the lack of financial windfall that Carl Icahn believes he should benefit from by investing in Yahoo, the well liked consumer based Internet icon stock. Pelosi eyes $50 bln in new economic stimulus the_wako_kid House of Representatives Speaker Nancy Pelosi said on Thursday she is pushing for about $50 billion in a second election-year economic stimulus package being shaped by Democrats in Congress. Home construction at slowest pace in 17 years phassan Single-family home construction drops, while a change in New York laws boosted construction of apartment buildings. US inflation rate at 17-year high harp US inflation accelerated at its fastest pace in 17 years in June, official figures have shown, driven higher by surging energy prices Opposition, from both parties, over U.S. Treasury bailout plan Geek The Bush administration's plan to rescue the nation's two largest mortgage finance companies ran into sharp criticism in Congress on Tuesday as some lawmakers questioned the open-ended request for money that could be used to help the companies. Gloom hangs over Wall Street paulh Futures decline as investor grow more anxious about bank sector and dollar hits record low; Bernanke testimony in focus. Recession-Plagued Nation Demands New Bubble To Invest In | The Onion the_wako_kid A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest. Global market relief on U.S. move to rescue mortgage giants Beamer Protected by Washington, Fannie and Freddie grew lamiaha Made in China proves false economy for some Mindscout US economy at a glance Mindscout The US economy is poised on the edge of a recession, despite strong intervention by the US central bank and Treasury. Key US mortgage lender goes bust lamiaha Protected by Washington, Fannie and Freddie Grew diane_court As the Bush administration scrambles to address the sudden decline of the country’s two largest mortgage finance companies, some of their longtime critics say the crisis has been building for years. Microsoft’s Airball Strategy-$32B+ Loss Increasing danglingwrangler “airball: The corporate version of a cat hairball. Someone who makes lots of noise, disrupts everything, has the potential to make a big mess - but ultimately does nothing.” To be sure, we are referring to the Microsoft hostile takeover fiasco over Yahoo, urged on by Carl Icahn. Honda grows while U.S. auto industry falters ActualAuto When consumers astonished the U.S. auto industry two months ago by quickly shunning trucks and going for gas mileage, the biggest beneficiary ended up being Honda Motor Co. A New Meaning Of Independence Day danglingwrangler This 4th of July 2008 may be the last time many of us Americans may ever feel happy about the 4th of July Independence Day meaning ... as the true American Independence heritage fades more and more each and every passing day as corporate America out-sources domestic careers, not just jobs in which entire U.S. industries become void and gone overseas most likely forever to remote places such as Bangalore, India or SuZhou in China’s Zhejiang Province. It has become clear that the U.S. Economy does NOT grow as a service industry in a globalized marketplace with sustainable careers to support American families. The buck doesn't stop here; it just keeps falling maybelline Things in the U.S. sure are tough. Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser. The Real Reason for High Gas Price and 3 ways to lower the price phassan