Saturday, May 17, 2008

Recession Watch

USN Current Issue

Retail Sales Fall

Poor auto sales drive decrease. more >>

'Far From Normal'

Banking and credit are still in trouble. more >>

Pethokoukis vs. Ritholtz: the Brawl to End 'Em All

These two blogging behemoths bet on whether the economy is in recession. more >>

IndyMac Predicts 2008 Losses

Mortgage lender reports red ink as mortgage-based securities fall in value. more >>

The Recession That Wasn't

Time is running out for the horrific downturn that many bears have predicted. more >>

Citigroup to Sell Noncore Assets

Bank also announces a revenue growth plan. more >>

Retail Sales Beat Expectations

Many major retailers show increases in same-store sales. more >>

Productivity Steps Up

A 2.2 percent first-quarter increase is a welcome surprise. more >>

Service Sector Grows

Index improves after a three-month slide. more >>

Jobless Rate Falls

But the economy shed 20,000 jobs in April. more >>

Economy Refuses to Tank. Bears Weep

The U.S. employment market lost a better-than-expected 20,000 jobs in April. more >>

Inflated Consumer Spending

Higher prices are the main factor in increased March spending. more >>

Economic Growth Sluggish in First Quarter

Report shows slight increase in GDP. more >>

A Storm of Foreclosures

The number of homes facing foreclosure more than doubled in a year. more >>

Strong Earnings for Verizon

The telecommunications sector is reporting rosy results. more >>

Forget the Recession—I Want a Better Chair

Office workers may want improved conditions, but experts say other factors are still key. more >>

Consumer Confidence Plunges

It hits its lowest level in 26 years. more >>

Mixed Signals on the Economy

Jobless claims improve, but the housing market remains weak. more >>

Rising Fuel Prices Squeeze U.S. Airlines

Delta CEO says fare increases may be on the way. more >>

Foreign Sales Boost McDonald's

First-quarter profits are up 24 percent. more >>

A Thumbs Down From Business Economists

Pessimism has tripled since January. more >>

Credit Woes, Tech Joys

Citigroup takes a big hit in the first quarter as Google rides high. more >>

A Rough First Quarter for Corporate America

Many companies report losses. more >>

Consumer Prices Move Up

Industrial output also increases. more >>

Another Painful Month for Housing

Housing starts and permits plummet in March. more >>

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