Posts Tagged ‘Recession’

UK economy wtill in recession as decline extends to nine straight months

For the second straight quarter this year, the UK economy declined, according to official data released Wednesday. This raised questions on the government’s austerity policies to lift the economy out of recession. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Greek recession worsened in 2011

Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Nevada’s Ahern Rentals files Chapter 11 bankruptcy

Ahern Rentals Inc., a Nevada-based national construction equipment supplier hit hard by the recession, filed a Chapter 11 bankruptcy case Thursday in U.S. Bankruptcy Court in Reno to reorganize more than $500 million in debt. View full post on Business Stories

UK strikes back at French criticism

France’s finance minister says the economy is in better shape than Britain’s, despite estimates that it has slipped into recession View full post on UK Business Stories

Asian shares slide as EU deal glow fades

Markets went into retreat amid fears of recession in Europe, after rating agencies warned last week’s summit did little to resolve the crisis View full post on UK Business Stories

Economy in U.S. Surpasses Pre-Recession Level After 15 Quarters

The value of goods and services produced in the U.S. surpassed its pre-recession level after 15 quarters, taking three times longer than the average for 10 previous recoveries since World War II. View full post on Finance Stories

Consumer Stock Valuations Said Too Rich

Bulls and bears agree that lofty defensive valuations for makers of household goods can’t be sustained, recession or not View full post on Finance Stories

U.S. stocks tumble on recession news

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks on Thursday fell more than 400 points on continued global economic worries and a gloomy outlook from the Fed. Investors reacted to the ongoing financial worldwide woes and raced to dump stocks. At 2 p.m. EST, the Dow was down 457.88, […]

Job Growth Stagnates in U.S. as Unemployment Holds at 9.1%

Job growth in the U.S. unexpectedly stagnated in August, adding to pressure on Federal Reserve Chairman Ben S. Bernanke and President Barack Obama to rouse an economy that’s at risk of stalling two years after the last recession ended. View full post on Finance Stories

Long Bond Shows No Double Dip in Widening Treasury Curve

Bond investors are backing Federal Reserve Chairman Ben S. Bernanke’s forecast that the U.S. will avoid another recession. View full post on Finance Stories