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: the-economy
It’s earnings vs Europe for stocks (Reuters)
Reuters – U.S. stock investors will return to a tug of war between signs of domestic strength and overseas concerns this 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.
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.
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.
Spain votes in elections dominated by economy (AP)
AP – Spaniards began voting early Sunday in general elections dominated by the poor state of the economy, with polls indicating a likely win for the conservative Popular Party.
Jobless claims at 7-month low, building permits jump (Reuters)
Reuters – New claims for jobless benefits hit a seven-month low last week, while permits for future home construction rebounded strongly last month, bolstering views the economy was gaining traction.
White House opposes balanced-budget amendment (AP)
AP – The Obama administration said Tuesday that a balanced-budget amendment heading for a House vote this week could impose serious risks on the economy and force cuts to essential programs such as Medicare and Social Security.
Obama taking more steps on own to help businesses (AP)
AP – Pushing a campaign to act without Congress, President Barack Obama will announce on Friday two more executive actions on the economy, both of them small steps intended to give a boost to businesses.

