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The US economy should be growing faster and financial markets should be more stable by the end of this year, but housing will still pose the biggest economic threat, Treasury Secretary Henry Paulson predicted. "Although we are still working through ... Publ.Date : Fri, 16 May 2008 17:48:00 GMT
The economy is continuing to weaken, particularly in manufacturing, though some areas are not quite as bad as expected, according to the latest reports out Thursday. Factory activity in the US Mid-Atlantic region shrank for a sixth straight month in ... Publ.Date : Thu, 15 May 2008 17:56:00 GMT
Hank Paulson on Friday said that housing remained “the biggest risk” to the US economy, as new data showed construction of family homes dropping to the lowest level in 17 years. Speaking at a conference in Washington, the US Treasury secretary ... Publ.Date : Sat, 17 May 2008 00:50:00 GMT
The paper believes the kingdom bowed to intense US pressure after oil prices surged to a record of $128 a barrel. But the Guardian has an opposite take on the situation, reporting that president Bush's talks with King Abdullah failed. The paper says ... Publ.Date : Sat, 17 May 2008 06:19:00 GMT
WASHINGTON (Thomson Financial) - The following are the preliminary consensus forecasts compiled by Thomson Reuter's IFR Markets for the major US economic indicators to be released in the coming week. The coming week will be light with economic ... Publ.Date : Fri, 16 May 2008 19:56:00 GMT
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