Credit and Economic News

Obama sees 'emerging consensus' on economic fix

20 May 2012, 1:30 am

Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that ...


Obama sees economic fix consensus

19 May 2012, 8:28 pm

CAMP DAVID, Md. - Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put investors worldwide on edge.


UBS Explains Why The World's Economic Indicators Are Unusually Out Of Sync

19 May 2012, 8:37 am

Andrew Cates gives four reasons.


European markets drop in response to economic worries

18 May 2012, 11:37 am

ATHENS — Europe’s economic woes escalated Friday as fears mounted over troubled Spanish banks and the credit rating agency Fitch further downgraded Greece’s debt, citing heightened worries that the country might be forced to abandon the euro. Read full article >>


The Conference Board Leading Economic Index® (LEI) for Korea Declines

17 May 2012, 9:00 pm

NEW YORK, May 17, 2012 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Korea declined 1.5 percent in March to 121.5 (2004 = 100), following a 2.9 percent increase in February, and ...


Oil skids on euro zone woes, weak economic data

17 May 2012, 4:03 pm

Brent crude oil slumped more than 2 percent on Thursday to end at the lowest level since December, as investors avoided risky assets due to mounting fears that turmoil in Greece could spread to other stressed ...


Housing and Economic Forecast Brightens

17 May 2012, 1:25 pm

WASHINGTON, DC-- - Positive underlying economic factors are helping relieve a pent-up housing demand, according to a presentation at a residential real estate forum at the Realtors® Midyear Legislative ...


5 Industries Negatively Affected By An Economic Recovery

17 May 2012, 1:18 pm

Heres a list of industries that benefit from increased business when the economy is slipping.


The Conference Board Leading Economic Index® (LEI) for the U.S. Dips Slightly

17 May 2012, 10:00 am

NEW YORK, May 17, 2012 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.1 percent in April to 95.5 (2004 = 100), following a 0.3 percent increase in March, and ...


Economic recovery: Business better but Washington didn't help much

17 May 2012, 5:06 am

Economic recovery: Business better but Washington didn't help much