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+1
Under Rated

Buffett says nation will face higher unemployment (AP)

ECONOMY Mon Mar 9, 2009 @ 6:01pm neoform
biz.yahoo.com -- OMAHA, Neb. (AP) -- Billionaire Warren Buffett remains confident that America's best days are ahead, but he says the nation likely will face higher unemployment and eventually inflation because of the current economic crisis. Buffett said the nation's lea.. Read More
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Under Rated

Obama: Time of crisis can be 'great opportunity' (AP)

ECONOMY Sun Mar 8, 2009 @ 9:01am neoform
biz.yahoo.com -- WASHINGTON (AP) -- Trying to buck up a dispirited nation, President Barack Obama on Saturday promised that prosperous days will return and cast these bleak times as nothing less than a "great opportunity." Packing some heft with his hope, he defended his.. Read More
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Under Rated

Mortgage woes break records again in 4Q (AP)

ECONOMY Thu Mar 5, 2009 @ 12:02pm neoform
biz.yahoo.com -- NEW YORK (AP) -- A stunning 48 percent of the nation's homeowners who have a subprime, adjustable-rate mortgage are behind on their payments or in foreclosure, and that's not the worst of it, new data Thursday showed. The reckless lending practices in st.. Read More
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Under Rated

Fitch Affirms Cherokee Nation, Oklahoma's Health Care System Bonds at 'BBB-'; Outlook Stable (Business Wire)

ECONOMY Wed Feb 25, 2009 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms the Cherokee Nation, Oklahoma's $23.6 million health care system bonds, series 2006 at 'BBB-'. The bonds are secured by a gross lien on third party health system reven.. Read More
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Under Rated

Truck traffic revives interest in marine shipping (AP)

ECONOMY Sun Feb 22, 2009 @ 3:00pm neoform
biz.yahoo.com -- NORFOLK, Va. (AP) -- An idea that dates to Lewis and Clark's trek west is experiencing a rebirth thanks to the truck traffic that increasingly chokes highways: shift more of the nation's freight burden to boats that can traverse rivers, lakes, canals and.. Read More
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Under Rated

Obama names advisers to help right the economy (AP)

ECONOMY Fri Feb 6, 2009 @ 9:01am neoform
biz.yahoo.com -- WASHINGTON (AP) -- President Barack Obama is bringing in a team of outside advisers to help steer the economy out of a tailspin, while ridiculing Republicans for clinging to a "losing formula" as the nation plunged to the crisis point. The president was.. Read More
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Under Rated

Obama stresses urgency of now for stimulus bill (AP)

ECONOMY Thu Feb 5, 2009 @ 12:00pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- President Barack Obama warned on Thursday that failure to pass an economic recovery package could plunge the nation into an even longer, perhaps irreversible recession, as senators searched for compromises to whittle down the enormous b.. Read More
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Under Rated

Manufacturing contracts for 12th straight month (CNNMoney.com)

ECONOMY Mon Feb 2, 2009 @ 12:01pm neoform
biz.yahoo.com -- The nation's manufacturing activity contracted in January for its 12th straight month, but the rate of decline slowed, according to a Monday report. The Institute for Supply Management, a purchasing management group based in Tempe, Ariz., said its manufa.. Read More
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Under Rated

Obama plans financial oversight board (AP)

ECONOMY Mon Feb 2, 2009 @ 9:01am neoform
biz.yahoo.com -- WASHINGTON (AP) -- President Barack Obama promised on Monday to establish a review board to oversee the government's $700 billion rescue package aimed at averting a financial meltdown, declaring that some of the nation's banks would have to write down bad.. Read More
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Under Rated

Western governors: 'Obama, act quickly on energy' (AP)

ECONOMY Thu Nov 27, 2008 @ 3:00pm neoform
biz.yahoo.com -- SALT LAKE CITY (AP) -- The governors of the nation's largest energy-producing states are encouraging President-elect Barack Obama to quickly adopt a national energy policy that will reduce greenhouse gas emissions. The bipartisan Western Governors' Assoc.. Read More
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Under Rated

Mumbai attacks seen denting business confidence (AP)

ECONOMY Thu Nov 27, 2008 @ 12:00pm neoform
biz.yahoo.com -- MUMBAI, India (AP) -- The terror attacks that rocked India's financial capital may depress stocks, dampen tourism and slow new investment, but are unlikely to inflict long-term damage on the nation's economy, analysts and business people said Thursday. ".. Read More
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Under Rated

Obama adds econ advisers, says 'help on the way' (AP)

ECONOMY Wed Nov 26, 2008 @ 12:01pm neoform
biz.yahoo.com -- CHICAGO (AP) -- President-elect Barack Obama pledged on Wednesday to have an economic plan ready for action on the nation's financial crisis on his first day in office. "Help is on the way," he declared. He also said his Cabinet would "combine experience.. Read More
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Under Rated

Credit crisis dims the lights for power industry (AP)

ECONOMY Sun Nov 16, 2008 @ 3:02pm neoform
biz.yahoo.com -- GREAT FALLS, Mont. (AP) -- As workers scramble to build an $800 million coal-fired power plant on a patch of farmland here, a crisis that began on faraway Wall Street threatens to stretch the nation's power supplies to the brink -- driving up prices and l.. Read More
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Under Rated

Okla. governor endorses renewable energy goal (AP)

ECONOMY Wed Nov 12, 2008 @ 3:01pm neoform
biz.yahoo.com -- OKLAHOMA CITY (AP) -- Oklahoma Gov. Brad Henry has endorsed an initiative to have renewable energy comprise 25 percent of U.S. energy needs by the year 2025. Dubbed the 25x25 Vision, the campaign is aimed at reducing the nation's dependence on foreign oi.. Read More
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Under Rated

Jobless ranks hit 10 million, most in 25 years (AP)

ECONOMY Sat Nov 8, 2008 @ 9:01am neoform
biz.yahoo.com -- WASHINGTON (AP) -- The nation's jobless ranks zoomed past 10 million last month, the most in a quarter-century, as piles of pink slips shut factory gates and office doors to 240,000 more Americans with the holidays nearing. Politicians and economists agre.. Read More
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Under Rated

Obama to center stage, promises action on economy (AP)

ECONOMY Sat Nov 8, 2008 @ 9:00am neoform
biz.yahoo.com -- CHICAGO (AP) -- Inheriting an economy in peril, President-elect Obama warned on Friday that the nation faces the challenge of a lifetime and pledged he would act urgently to help Americans devastated by lost jobs, disappearing savings and homes seized in.. Read More
+1
Under Rated

Jobless ranks hit 10 million, most in 25 years (AP)

ECONOMY Sat Nov 8, 2008 @ 9:00am neoform
biz.yahoo.com -- WASHINGTON (AP) -- The nation's jobless ranks zoomed past 10 million last month, the most in a quarter-century, as piles of pink slips shut factory gates and office doors to 240,000 more Americans with the holidays nearing. Politicians and economists agre.. Read More
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Under Rated

Economy shrinks in 3Q, signaling recession (AP)

ECONOMY Thu Oct 30, 2008 @ 9:01am neoform
finance.yahoo.com -- WASHINGTON (AP) -- The economy jolted into reverse during the third quarter as consumers cut back on their spending by the biggest amount in 28 years, the strongest signal yet the country has hurtled into recession. The broadest barometer of the nation's.. Read More
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Under Rated

Nation's grocers hold slight gains after Fed cut (AP)

ECONOMY Wed Oct 29, 2008 @ 3:00pm neoform
finance.yahoo.com -- PORTLAND, Ore. (AP) -- Shares of the nation's largest grocers continued to rise slightly following the Federal Reserve's decision to cut interest rates. It's widely expected that banks will move quickly to match the action, so that means the cut will pus.. Read More
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Under Rated

Taxpayer Watchdog Reacts To Stevens Verdict (Business Wire)

ECONOMY Mon Oct 27, 2008 @ 6:01pm neoform
biz.yahoo.com -- WASHINGTON--(BUSINESS WIRE)--The nation’s premier taxpayer watchdog group Citizens Against Government Waste (CAGW) today issued the following statement on the news that Sen. Ted Stevens was found guilty on seven counts of failing to report more than $25.. Read More
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