Friday, September 23, 2011

Times grow harder for the US working man

Times grow harder for the US working man

Falling union membership has coincided with a drop in real-terms pay in recent years, with official data showing downward pressures spreading - Sep-22

Brazil blames Fed move on fiscal inaction

Mantega criticises Fed moves to boost demand as ‘overextended’, saying it has potential to weaken the dollar - Sep-22

US funds slash exposure to European banks

Biggest US money market funds have slashed their exposure to Europe’s embattled banking sector to the lowest level since at least 2006 - Sep-22

US jobless claims decline to 423,000

Claims for jobless benefits remained elevated last week as US companies continued to lay off workers amid concerns over global growth - Sep-22

Republicans tell Fed to avoid stimulus

Letter adds to political pressure on Bernanke, drawing criticism that the congressmen were meddling with the central bank’s independence - Sep-21

US home resales jump 7.7% in August

Sales of previously owned homes in the US lept 7.7 per cent in August as lower prices attracted buyers, helping reduce the glut of properties on the market - Sep-21

Gulf’s dollar peg makes sense

The US currency’s weakness has prompted many to argue that the region’s link to it be ended, but economic interests should dictate otherwise - Sep-21

US challenges China on poultry restrictions

The US is bringing a case against China in the World Trade Organisation to challenge the Asian nation’s imposition of trade remedies against American poultry exports - Sep-21

Multimedia: US state budget gaps

As the US government faces its own funding crisis and politicians wrangle over stimulus funding and the federal budget, each government of the 50 states is grappling with the effects of the recession on their funds - Sep-20

US home construction drops 5% in August

Starts plunged amid disruption by hurricane Irene in northeastern states - Sep-20

IMF warning over stimulus policies

US homebuilder sentiment at a new low

Q&A: Central banks intervene in funding markets

US consumer sentiment edges up in September

Lex: US CPI

Lagarde sees global crisis of confidence

US jobless claims rise to 428,000

Canada protests against Obama’s jobs act

US mortgage applications rise as rates tumble

Short View: US/Europe decoupling




Times grow harder for the US working man

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