economy

Bernanke says Fed pondering further stimulus (Reuters)

Reuters – Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank was ready to offer the economy additional stimulus after it announced it would likely keep interest rates near zero until at least late 2014.

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Bernanke says Fed pondering further stimulus
(Reuters)

economy

Consumer confidence perks up, house prices sag (Reuters)

Reuters – U.S. consumer confidence hit an eight month high in December on improving job prospects, lending the economy further support, even though weak home prices could delay a recovery in the housing market.

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Consumer confidence perks up, house prices sag
(Reuters)

economy

Consumer, business spending point to slower growth (Reuters)

Reuters – Consumer spending was tepid in November and a gauge of business investment fell for a second straight month, suggesting the economy lost some of its recent momentum.

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Consumer, business spending point to slower growth
(Reuters)

economy

World economy to trudge on in 2012 despite Europe: poll (Reuters)

Reuters – Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction.

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World economy to trudge on in 2012 despite Europe: poll
(Reuters)

economy

Jobless claims drop signals economic momentum (Reuters)

Reuters – The number of Americans filing new claims for jobless benefits hit a 3-1/2 year low last week, bolstering views the economy was gaining momentum, even though third-quarter growth was revised down.

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Jobless claims drop signals economic momentum
(Reuters)

economy

Analysis: Economy shedding debt but shackled by pessimism (Reuters)

Reuters – Americans are making progress in working down their heavy debt burden, but are struggling to break out of another funk holding back the economy: their deep pessimism.

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Analysis: Economy shedding debt but shackled by pessimism
(Reuters)

economy

France’s Jacques Chirac convicted of corruption (AP)

AP – As French president, Jacques Chirac was called all sorts of names, not the least for his vociferous opposition to the U.S.-led war in Iraq. Now, he has a moniker that will stick: Convicted criminal.

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France’s Jacques Chirac convicted of corruption
(AP)

economy

Industrial output sees first drop since April (Reuters)

Reuters – Industrial output declined in November for the first time in seven months as manufacturing activity slumped, countering recent signs of improvement in the economy.

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Industrial output sees first drop since April
(Reuters)

economy

Earnings schedule for week of 12/12/2011 (AP)

AP – Major companies tentatively scheduled to report quarterly earnings next week:

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Earnings schedule for week of 12/12/2011
(AP)

economy

Consumer sentiment strongest since June (Reuters)

Reuters – Consumer sentiment rose to its highest in six months in early December due to an improving outlook on the economy with the jobless rate falling to a 2-1/2-year low in November.

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Consumer sentiment strongest since June
(Reuters)

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