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U.S. recession seen ending in 3rd Quarter
Written on 10 Aug, 2009 at 11:28 in Business News | viewed times | 0 Comments
WASHINGTON – The worst U.S. recession since the Great Depression will most likely end in the third quarter, but there is doubt over the speed and duration of the economic recovery, according to the most recent survey of private economists.... (Continue reading)
Oil Jumps over $71 – US retail reports
Written on 10 Aug, 2009 at 11:10 in Business News | viewed times | 0 Comments
Oil price climb above $71 a barrel Monday ahead of this week’s U.S. consumer spending data that could shed light on the strength of the economic recovery. Benchmark crude for September delivery gained 48 cents to $71.41 a barrel on... (Continue reading)