Reuters – President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide up to $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk.
Tag Archives: economy
Obama presses Congress to pass aid to homeowners (Reuters)
Reuters – President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide up to $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk.
Unemployment rate hinges on more than job gains (AP)
AP – For most people, the 8.3 percent unemployment rate is the most visible sign of the economy’s health. The rate’s every movement is closely watched, especially in an election year.
New home sales fall in December (Reuters)
Reuters – New single-family home sales unexpectedly fell in December for the first time in four months and the median home price dropped, dampening some of the hopes the housing sector will boost the economy this year.
Sarkozy to bet on growth reforms as AAA slips away (Reuters)
Reuters – The loss of France’s much-prized triple-A credit rating three months from elections that will likely hinge on the handling of the economy is a bitter blow for French President Nicolas Sarkozy, who had made the top-notch grade a badge of honor.
Wall Street Week Ahead: It’s earnings versus Europe for stocks (Reuters)
Reuters – Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region’s difficulties in view.
Spending on business travel to increase in 2012
The more companies spend on business travel, the more likely the economy is inching closer to a recovery, and a new report hints at that very possibility for 2012.
Economy gaining momentum, housing shows a pulse (Reuters)
Reuters – New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended
Obama to visit swing state Ohio to talk economy (Reuters)
Reuters – President Barack Obama will visit the political battleground state of Ohio next week, ushering in the 2012 election year with a speech focused on the economy, the White House said on Thursday.
Analysis: Deficit flop turns spotlight on tax reform (Reuters)
Reuters – For the economy to prosper, major tax reform is emerging as a vital ingredient toward lowering the budget deficit and increasing America’s competitiveness.

