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  • French Finance Minister Puts Pressure on ECB Monday, 28 Apr 2008 | 12:07 PM ET

    The disparity between U.S. and euro zone interest rates is starting to cause problems, French Economy Minister Christine Lagarde told CNBC Monday, adding that Europe’s rampant inflation will ease.

  • Worker hauls his hose back to the truck after delivering home heating oil.

    It’s a harbinger of the new energy and possibly even a new social paradigm. Millions of Americans are facing energy shut-offs of basic heating and electricity services because they have fallen behind their utility bills, the New York Times usefully reported Friday in a story that deserved front page play rather than on page 16.

  • Buffett: Recession Is Here For People on Main Street Monday, 28 Apr 2008 | 10:34 AM ET
    Warren Buffett

    The US economy indeed has entered into a recession, even if the traditional indicators aren't showing it yet, billionaire investment guru Warren Buffett said.

  • For this Green Week ending, April 25, 2008 the US Markets ended the week slightly to the upside driven by a comeback in the dollar, a streak of records for crude oil, better than expected jobless claims,  26-year low consumer sentiment, surprise earnings, and a 10 point victory for Hillary Clinton in the Pennsylvania Democratic primary.

  • Asian Markets End Mostly Higher, Financials Rally Monday, 28 Apr 2008 | 5:21 AM ET

    Asian markets trimmed their early gains on Monday as investors took a breather following a rally in financial stocks. But many remained optimistic that the banking sector may finally be putting the credit crunch behind it.

  • Japan March Retail Sales Rises 1.1% Sunday, 27 Apr 2008 | 11:14 PM ET

    Japanese retail sales rose 1.1 percent in March from a year earlier, government data showed on Monday, matching economists' median forecast.

  • Interest Rates Uncertainty Hangs Over US Stocks Sunday, 27 Apr 2008 | 6:37 PM ET

    The stock market will likely start the week on a hesitant note with Wall Street facing the first Federal Reserve interest-rate decision in many months not knowing that a cut is likely guaranteed.

  • The Case For Ending Interest Rate Cuts Sunday, 27 Apr 2008 | 6:28 PM ET

    If the U.S. Federal Reserve wants to restrain oil and food prices and help downtrodden consumers, the best thing it can do is stop cutting interest rates.

  • Europe Preview: Spring Forecast on the Way Friday, 25 Apr 2008 | 4:20 PM ET

    With the US heading for recession, the European Commissioner for Economic Monetary Affairs could be forgiven for lauding the strength of the European economy when he unveils his spring economic forecast on Monday.

  • Oil Ends Up at $118.52 on Strike, Iran Tension Friday, 25 Apr 2008 | 3:32 PM ET

    Oil settled up over $118 -- down from its intra-day high above $119 -- aafter a workers strike cut production in Nigeria and tensions rose between the United States and Iran

  • Dollar at 3-Week Highs vs. Euro on Rates Outlook Friday, 25 Apr 2008 | 3:05 PM ET
    Exchanging Dollars and Euros

    The dollar traded at three-week highs against the euro Friday, boosted by a growing view the Federal Reserve may stop cutting interest rates soon.

  • As the Federal Reserve hones in on the end of its interest-rate cutting campaign, officials remain troubled by lingering stress in credit markets and continue to mull steps to ease the strain.

  • Nobel Winner Stiglitz: U.S. Facing Long Recession Friday, 25 Apr 2008 | 2:17 PM ET

    The US economy is already in recession -- and may echo the 1930s, says Nobel laureate Joseph Stiglitz.

  • Texas Governor Seeks Waiver on Ethanol Rules Friday, 25 Apr 2008 | 2:10 PM ET

    Texas Gov. Rick Perry asked the government to cut "skyrocketing" food prices by waiving half of the renewable fuel standard for ethanol made from grain.

  • U. Of Michigan Consumer Sentiment Hits 26 Year Low Friday, 25 Apr 2008 | 10:24 AM ET

    The U of Michigan Consumer Sentiment Index of 62.6 is at its lowest level since March 1982 when it hit 62.0.  The news is weighing on stocks.

  • Consumer Mood Sours as Inflation Fears Grow Friday, 25 Apr 2008 | 10:06 AM ET

    US consumer confidence fell for a third straight month, hitting its weakest in more than a quarter century on heightened worries over inflation and the sagging housing market.

  • Bush: Rebates Should Help Economy Out of Slowdown Friday, 25 Apr 2008 | 9:50 AM ET

    President George W. Bush said on Friday that the U.S. economy is in a slowdown but added that tax rebates should help pull activity out of the slump.

  • Many States Appear to Be In Recession Friday, 25 Apr 2008 | 8:51 AM ET

    The finances of many states have deteriorated so badly that they appear to be in a recession, regardless of whether that's true for the nation as a whole, a survey of all 50 state fiscal directors concludes.

  • A bounce in the U.S. dollar lifted some Asian stock markets on Friday, while crude oil sank further from its recent $120 a barrel record, dragging energy firms down but boosting airline counters.  Japan finished at a two-month high.

  • Japan Inflation Hits 10-year High, BOJ Won't Budge Thursday, 24 Apr 2008 | 9:37 PM ET

    Japanese annual inflation hit a decade-high 1.2 percent in March, as energy prices soar, but the central bank is expected to sit tight on interest rates in the face of a soft economic outlook at home and abroad.

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