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Wednesday November 25, 2009
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U.S. Recession News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest U.S. Recession News

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  • U.S. urges Americans to help feed their neighbors 25 Nov 2009 00:40 GMT
    ... WASHINGTON (Reuters) - The U.S. government on Tuesday urged Americans to volunteer ... yet to come. "It's likely, given the recession, that the 2008/09 figures, which will be ... improve school lunch programs, and the government stimulus package has given more money to food ...

  • Obama Not Flexing U.S. Muscle 25 Nov 2009 01:16 GMT
    ... is deeply weird: After the world superbower’s previous nose-to-toe prostration before the Saudi King, one ... Vanity Fair. But it’s their day, not yours. It’s not the narcissism, so much as ... that could actually lead to a double-dip recession.” That’s a great line – but not ...

  • U.S. Must Solve Its Own Economic Problems 25 Nov 2009 06:30 GMT
    ... rate between the Chinese yuan and the U.S. dollar. It would be good if some ... been cut in half during the current recession, it will once again swell as the ... further debt accumulation. This too, is a dangerous misconception. Unfortunately, our economic problems are made ...

  • Obama, Singh Pledge Cooperation 25 Nov 2009 00:47 GMT
    ... US President Barack Obama declared Tuesday that US ... solve such problems. He said, however, that American should do what it can to ensure ... countries as governments continue trying to stimulate recession-hit economies. In an elaborate welcoming ceremony earlier ...

  • Guests at U.S. President Barack Obama's first state dinner Tuesday ' honouring Indian Prime Minister Manmohan Singh ' were treated to an eye-catching scheme of green and purple, from the green curry surrounding the prawns to t 25 Nov 2009 01:51 GMT
    ... November 24, 2009 | 8:34 PM ET U.S. President Barack Obama said Tuesday he will ... to ensure both states feel secure and "focus on the development of their own countries." ... their governments continue trying to stimulate their recession-hit economies. Obama also said during the news ...

  • More US troops to 'finish the job' in Afghanistan 25 Nov 2009 00:14 GMT
    ... More US troops to 'finish the job' in Afghanistan ... Democrats still fear today - that one request for more troops will be followed by ... to overcome the effects of a brutal recession and an unemployment rate not seen in ...

  • Obama still fighting 25 Nov 2009 05:24 GMT
    ... More US troops to 'finish the job' in Afghanistan ... Democrats still fear today - that one request for more troops will be followed by ... to overcome the effects of a brutal recession and an unemployment rate not seen in ...

  • Obama to visit India 25 Nov 2009 05:55 GMT
    ... just one country or the other," the US President said. The two leaders glossed over a ... countries as governments continue trying to stimulate recession-hit economies. In an elaborate welcoming ceremony earlier ... Obama said. Chilly, damp weather led the White House to move the ceremony indoors, where Singh ...

  • Obama to visit India in 2010 25 Nov 2009 05:55 GMT
    ... just one country or the other," the US President said. The two leaders glossed over a ... countries as governments continue trying to stimulate recession-hit economies. In an elaborate welcoming ceremony earlier ... Obama said. Chilly, damp weather led the White House to move the ceremony indoors, where Singh ...

  • Aware of policy risks, Fed sees firmer growth 25 Nov 2009 06:30 GMT
    ... Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do ... the economy to beat back a severe recession and restore growth. After their meeting earlier ... to date, saying the dollar's decline had thus far been "orderly." "Any tendency for dollar ...

  • Aware of policy risks, Fed sees firmer U.S. growth 25 Nov 2009 01:51 GMT
    ... Aware of policy risks, Fed sees firmer U.S. growth By Pedro da Costa and Mark ... the economy to beat back a severe recession and restore growth. After their meeting earlier ... to date, saying the dollar's decline had thus far been "orderly." "Any tendency for dollar ...

  • Federal Reserve sees firmer U.S. growth 25 Nov 2009 07:10 GMT
    ... Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do ... the economy to beat back a severe recession and restore growth. After their meeting earlier ... to date, saying the dollar's decline had thus far been "orderly." "Any tendency for dollar ...

  • U.S. third-quarter economic growth revised down 25 Nov 2009 06:30 GMT
    ... 2009. REUTERS/Brian Snyder WASHINGTON (Reuters) - The U.S. economy grew more slowly than first thought ... rate, probably ending the most painful U.S. recession in 70 years. It was slower than the previous estimate of 3.5 percent but still the ...

  • U.S. GDP Growth Revised Lower 25 Nov 2009 01:36 GMT
    ... The U.S. economy grew 2.8 percent in the third ... was mainly propelled by the government's economic stimulus package. Despite downgrading, the 2.8 percent growth ... GDP data. Economists say that the worst recession since the 1930s is very likely over, ...

  • World stocks trim losses after Fed ups 2010 forecast 25 Nov 2009 09:02 GMT
    ... its growth estimates for 2010, while the U.S. dollar rose on data showing the American ... 2.8 percent annual rate rather than a previous forecast of 3.5 percent, suggesting an anemic ... 2007, probably ending the most painful U.S. recession in 70 years. [ID:nN24296971] Yet investors need ...


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