Fed officials unusually divided

There was an unusual amount of disagreement among Fed policymakers at their last meeting over what the central bank should do to address the increasingly uncertain state of the U.S. economic recovery, according to the minutes released Tuesday.

Housing quagmire: Is it time to remove relief?

For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month — one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other […]

Premier Tusk o umowie gazowej i polskiej gospodarce

Premier Donald Tusk uważa, że umowa gazowa z Rosją spełnia wymogi bezpieczeństwa gazowego i możliwie niskiej ceny. Jak zaznaczył po posiedzeniu rządu, Polska będzie skutecznie zabiegała o traktowanie naszej umowy na równi z umowami innych dużych krajów unijnych.

Consumer confidence turns higher

Americans calmed their nerves about the economy slightly in August, as a key measure of consumer morale made a surprising turn higher. The Consumer Confidence Index rose to 53.5 in August, from July’s upwardly revised level of 51.0, the Conference Board, a New York-based research group that compiles the index, said Tuesday.

Sawicki o wzroście PKB

Do 3,5-procentowego wzrostu Produktu Krajowego Brutto w II kwartale tego roku, zdaniem Marka Sawickiego, Ministra Rolnictwa i Rozwoju Wsi, w dużym stopniu przyczyniły się dobre wyniki w eksporcie polskiej żywności.

Alabama schools turn to bank loans to operate

Alabama schools have been having a rough time of it, and it only looks like it’s going to get rougher. The Cotton State recently came in last place in the federal Department of Education’s Race to the Top grant competition. And a steadfast global recession combined with the Gulf Coast oil spill this summer have […]

Credit is finally available, but no one wants it

Finally, nearly two years after they were bailed about by Congress, big banks are beginning to ease lending standards for individuals and small businesses. But it’s not exactly having the reception many believed it would. Just when credit becomes more available, there’s little evidence of a surge in demand for it.

Politics aside, natural gas is beating up on clean coal

Coal has always been cheap and dirty. And the dirty part was justifiable because it was so cheap. Now, gas prices are dropping, threatening coal’s dominance in the North American energy market. Which means gas could take over before coal gets a chance to clean up its act.

Consumer spending picks up

Consumer spending rose in July, but Americans remain wary about the future of the economy. Personal spending rose by $44.1 billion last month, or 0.4%, after falling less than 0.1% in June. This came in above the 0.3% increase economists expected.

Personal spending edges higher

Personal spending rose in July, but Americans were saving a smaller portion of their disposable income than the previous month. Personal spending rose by $44.1 billion, or 0.4%, after falling less than 0.1% the previous month. This came in above the 0.3% increase economists expected.

After a drug conviction, can you ever get hired?

Dear Annie: I just read your column on job hunting with a flawed credit history („Bad credit, no job?” July 2010). I have an even worse problem. About 14 years ago, when I was a junior in college, I made a totally idiotic error in judgment involving drugs. I was arrested and convicted and did […]

How Steel got the Wachovia deal done

This article is adapted from „Banktown: The Rise and Struggles of Charlotte’s Big Banks” by Rick Rothacker, published by John F. Blair, Publisher (Winston-Salem).

Poprawiły się nastroje konsumentów

Ekonomiści uważają, że wysokie tempo rozwoju gospodarczego w drugim kwartale to efekt poprawy nastrojów przedsiębiorców i konsumentów po kryzysie. Główny Urząd Statystyczny poinformował, że od kwietnia do czerwca wzrost Produktu Krajowego Brutto wyniósł 3,5 procent wobec 3 procent w pierwszym kwartale.

Gospodarka w górę

Nasza gospodarka przyspiesza. W drugim kwartale tego roku wzrosła o 3,5 procent, czyli rozwijała się o pół procent szybciej niż w pierwszym – wynika z danych Głównego Urzędu Statystycznego.

Are Americans de-banking?

The financial crisis that destroyed some of the world’s biggest banks and sent others to the brink of failure have changed Americans’ idea of lending and borrowing. While most still seem to have no problems storing their money at banks small and large, a few trends indicate that everyone from consumers to some of the […]

Fed ready to take 'unconventional measures’

Federal Reserve chairman Ben Bernanke bluntly acknowledged that the U.S. economic recovery has lost considerable steam, but said the central bank has the necessary policy tools to support continued growth.