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Economy News


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Will Supermarket Gas Promotion Fuel Sales?
With the economy in trouble, many people are worried about making ends meet. So some stores are trying to entice shoppers with innovative offers.
Source: wcax.com


The Gazette-Enterprise Newspapers in Education
Team up with The Gazette-Enterprise to support local classroom teachers and students! Classroom copies of The Gazette-Enterprise are available free for local classrooms.
Source: seguingazette.com


TSX hits 4-year low as banks feel heat
TORONTO (Reuters) - Toronto Stock Exchange's main index sank to its lowest level in four years on Wednesday in a broad selloff led by key resource and financials issues on gloomy news from the banking sector.
Source: globeinvestor.com


(AFX UK Focus) 2008-11-19 22:53 UPDATE 2-Warnaco to cut jobs, capital spending
By Martinne Geller
Source: iii.co.uk


Mayor Bloomberg Says He'll Halt $400 Homeowner Rebate Checks
Nov. 19 (Bloomberg) -- New York Mayor Michael Bloomberg said his administration wouldn't send $400 property-tax rebate checks due this month to owners of apartments and houses because the slowing economy threatens to worsen a widening budget gap.
Source: bloomberg.com


US stocks plunge to five-and-a-half-year lows
The US Federal Reserve has dramatically cut its economic forecasts for the American economy.
Source: abc.net.au


Opponents want voices heard
RODGER H. ANDERSON, center, of Hanson Professional Services, discusses the proposed crosswind runway at the Edgar County Airport with Linda and Tom Phillips, who live and farm north of airport. The couple claim the local airport’s traffic volume is too low to justify the expense.
Source: parisbeacon.com


World stocks tumble on US deflation fears
(AP:LONDON) World stock markets slumped Wednesday amid concerns about sinking consumer prices in the U.S. and the shaky future of the Big Three U.S. automakers.
Source: news.ino.com


(AFX UK Focus) 2008-11-19 23:10 FED FOCUS-Policymakers still split on pricking asset bubbles
By Alister Bull
Source: iii.co.uk


Sex, Lies And Scandal: Obama Aide Has Seen It All
John Podesta, a leader of President-elect Barack Obama's transition team, was the Clinton administration official who worked to douse scandals, outmaneuver Republicans and keep Bill Clinton popular even through impeachment. He's now in charge of a 450-person staff whose experts _ including Podesta himself _ aren't always in sync with those of his new boss.
Source: kfmb.com