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Topic: Economy (Global)
 | Source: CNBC.com
The economy showed more signs of weakness, with both weekly jobless claims and a key manufacturing index declining more than expected.
 | Source: Reuters
The United States and China both need to fend off a troubling rise in economic nationalism in order to keep their economies strong, U.S. Commerce Secretary Carlos Gutierrez said on Thursday.
 | Source: Reuters
Germany posted the strongest economic growth since 1996 in the first quarter of 2008, leading the euro zone's GDP to rebound more than expected in the first quarter.
 | Source: Reuters
Japan's core private-sector machinery orders, a key gauge of corporate capital spending, slid to their lowest in almost three years in March, with manufacturers predicting more declines ahead, adding to worries that flagging capital spending will stymie growth.
 | Source: The Associated Press
Oil climbed above $126 a barrel Thursday, a day after the U.S. government issued a mixed report on the country's petroleum reserves and the U.S. dollar weakened against other key currencies.
 | Source: Reuters
The euro strengthened on Thursday after Germany reported its strongest quarterly growth in 12 years but gains were muted as investors focused on likely slower growth ahead.
 | Source: CNBC.com
Asian markets ended mostly higher Thursday after investors welcomed benign U.S. consumer data which eased inflation fears. South Korea led the advanced finishing over 2 percent higher.
 | Source: CNBC.com
Stocks finished higher Wednesday, despite profit-taking in the last half-hour of trading, as Wall Street cheered what appeared to be a tame inflation reading.
 | Source: Reuters
In the real world, gasoline prices surged 5.6% in April, but the government smooths out seasonal oddities so prices appeared lower in Wednesday's inflation report.
 | Source: CNBC.com
Stocks opened higher Wednesday after a better-than-expected reading on inflation.
 | Source: Reuters
Bond fund leader Pimco's Mohamed El-Erian on Wednesday said the Federal Reserve does not have the tools to deal with the U.S. housing crisis and rapidly rising consumer prices, leaving it to lawmakers to avert a severe recession.
 | Source: Reuters
Former Federal Reserve Chairman Paul Volcker Wednesday said the central bank's role in overseeing financial markets needs to be more clearly defined and the that of rating agencies, sovereign wealth funds and hedge funds in the financial crisis should be weighed.
 | Source: Reuters
The U.S. economy is in a recession and stimulus from a government tax rebate later this quarter will only temporarily stem a fall in consumer spending, a Merrill Lynch economist said on Wednesday.
Wednesday, 14 May 2008 | Source: Reuters
Consumer prices rose a smaller-than-expected 0.2 percent in April as energy prices held steady, a Labor Department report on Wednesday showed.
Wednesday, 14 May 2008 | Source: CNBC.com
Stocks opened higher Wednesday after a better-than-expected reading on inflation.
Next
Posts |  TOPIC : Economy (Global)
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