Search Results for: recovery

Bernanke has "finger on trigger" for new bond buys

Posted on January 26, 2012 by admin

CHICAGO/NEW YORK (Reuters) – The Federal Reserve has moved closer to embarking on a new round of its controversial money-pumping after the central bank and its chairman Ben Bernanke highlighted a grim outlook for the U.S. economy. Bernanke on Wednesday … Continue reading →

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Unemployment near three-year low

Posted on January 7, 2012 by admin

WASHINGTON (Reuters) – U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam. Nonfarm payrolls increased 200,000 in December, the Labor … Continue reading →

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Obama taps economist, banker as Fed governors

Posted on December 28, 2011 by admin

HONOLULU/WASHINGTON (Reuters) – President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve’s policy-setting board of governors. The White House’s pick of … Continue reading →

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Divided lawmakers muster modest tax deal

Posted on December 17, 2011 by admin

WASHINGTON (Reuters) – Deeply divided U.S. lawmakers on Friday eked out an agreement to extend payroll tax cuts for just two months, and only after Democrats bowed to Republican demands on a controversial oil pipeline. The deal, which still needs … Continue reading →

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Microsoft moving Xbox 360 storage into the cloud

Posted on July 7, 2011 by admin

Quoted from Gaming News Headlines – Yahoo! News: Microsoft’s new Xbox 360 update to cloud storage is slowly rolling out this week.  It allows Xbox 360 owners to access their content on any Xbox 360 without having to rely on … Continue reading →

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Recovery likely to remain sluggish into 2011

Posted on April 12, 2010 by admin

The pillars of Americans’ financial security — jobs and home values — will stay shaky well into 2011, according to an Associated Press survey of leading economists.

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February 04, 2012

recovery

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