http://www.mail.com/subjects/1366-economic-growth.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.20/img/mailcom_logo_rss.png http://www.mail.com/subjects/1366-economic-growth.html http://www.mail.com/news/politics/1763312-gop-decries-looming-regulatory-cliff-term.html WASHINGTON (AP) — While the "fiscal cliff" of looming tax increases and spending cuts dominates political conversation in Washington, some Republicans and business groups see signs of a "regulatory cliff" that they say could be just as damaging to the economy. For months, federal agencies and the White House have sidetracked dozens of major regulations th... Thu, 13 Dec 2012 19:07:00 GMT http://www.mail.com/news/politics/1763312-gop-decries-looming-regulatory-cliff-term.html 2012-12-13T19:07:00Z http://www.mail.com/business/economy/1764772-sp-puts-uks-aaa-rating-negative-watch.html LONDON (AP) — The Standard & Poor's rating agency has put Britain's AAA long-term credit rating on negative watch because of fears that economic growth over the next two years could be weaker than forecast. S&P said Thursday that it believed that many of the factors that have held back UK economic growth will persist. The agency added, "we continue to bel... Thu, 13 Dec 2012 17:29:00 GMT http://www.mail.com/business/economy/1764772-sp-puts-uks-aaa-rating-negative-watch.html 2012-12-13T17:29:00Z http://www.mail.com/business/economy/1764116-us-business-stockpiles-rise-04-percent-october.html WASHINGTON (AP) — U.S. businesses added to their stockpiles in October while sales fell, a sign that companies may order fewer goods in the coming months. The Commerce Department says inventories rose 0.4 percent, down from a 0.7 percent increase in September and the smallest gain in four months. Sales, meanwhile, dropped 0.4 percent. Rising inventories a... Thu, 13 Dec 2012 14:20:00 GMT http://www.mail.com/business/economy/1764116-us-business-stockpiles-rise-04-percent-october.html 2012-12-13T14:20:00Z http://www.mail.com/business/economy/1763578-us-airlines-to-lead-industry-recovery-profits.html GENEVA (AP) — U.S. airlines will lead a recovery in the global sector's profits next year, mainly thanks to cost cuts and restructuring measures taken to address weak economic growth, the industry's trade group forecast Thursday. Carriers in Asia, the Middle East and Latin America will also enjoy an improvement in earnings, while those in Europe are expec... Thu, 13 Dec 2012 13:25:00 GMT http://www.mail.com/business/economy/1763578-us-airlines-to-lead-industry-recovery-profits.html 2012-12-13T13:25:00Z http://www.mail.com/business/economy/1761584-fed-links-interest-rates-to-65-pct-unemployment.html WASHINGTON (AP) — The Federal Reserve said Wednesday that it plans to keep interest rates ultra-low even after unemployment falls close to a normal level — which it thinks could take three more years. For the first time, the Fed made clear to investors and consumers that it will link its actions to specific economic markers. As long as inflation remains t... Wed, 12 Dec 2012 23:50:00 GMT http://www.mail.com/business/economy/1761584-fed-links-interest-rates-to-65-pct-unemployment.html 2012-12-12T23:50:00Z http://www.mail.com/business/economy/1761858-fed-projects-high-unemployment-3-years.html WASHINGTON (AP) — The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years. The latest economic forecasts released Wednesday after the Fed's final meeting of the year were little changed from September. But they coincided with a new communication s... Wed, 12 Dec 2012 20:51:00 GMT http://www.mail.com/business/economy/1761858-fed-projects-high-unemployment-3-years.html 2012-12-12T20:51:00Z http://www.mail.com/business/economy/1762130-bernanke-fiscal-cliff-hurting-economy.html WASHINGTON (AP) — The U.S. economy is already being hurt by the "fiscal cliff" standoff in Washington, Federal Reserve Chairman Ben Bernanke said Wednesday. But Bernanke said the Fed believes the crisis will be resolved without significant long-term damage. The steep tax increases and spending cuts can be avoided with a successful budget deal, Bernanke sa... Wed, 12 Dec 2012 20:02:00 GMT http://www.mail.com/business/economy/1762130-bernanke-fiscal-cliff-hurting-economy.html 2012-12-12T20:02:00Z http://www.mail.com/business/economy/1761398-fewer-us-ceos-expect-hiring-dip-6-months.html WASHINGTON (AP) — A survey of U.S. chief executives shows the number of large companies that plan to add jobs or hire more workers is essentially unchanged versus three months ago, although fewer expect hiring to decrease. The Business Roundtable said Wednesday that 29 percent of its member CEOs plan to increase hiring over the next six months, the same a... Wed, 12 Dec 2012 18:42:00 GMT http://www.mail.com/business/economy/1761398-fewer-us-ceos-expect-hiring-dip-6-months.html 2012-12-12T18:42:00Z http://www.mail.com/business/economy/1761496-opec-output-target-hold-amid-weak-economy.html VIENNA (AP) — OPEC ministers agreed to keep their daily crude production target unchanged at a meeting Wednesday. But in a sign of internal rivalries, they failed to reach consensus on a new secretary general, a post sought by Saudi Arabia, Iran and resurgent oil-power Iraq. The agreement to leave the production ceiling at 30 million barrels a day was exp... Wed, 12 Dec 2012 16:17:00 GMT http://www.mail.com/business/economy/1761496-opec-output-target-hold-amid-weak-economy.html 2012-12-12T16:17:00Z http://www.mail.com/business/markets/1760704-us-economy-withstand-fall-cliff.html WASHINGTON (AP) — It's the scenario that's been spooking employers and investors and slowing the U.S. economy: Congress and the White House fail to strike a budget deal by New Year's Day. Their stalemate triggers sharp tax increases and spending cuts. Those measures shrink consumer spending, stifle job growth, topple stock prices and push the economy off ... Wed, 12 Dec 2012 10:18:00 GMT http://www.mail.com/business/markets/1760704-us-economy-withstand-fall-cliff.html 2012-12-12T10:18:00Z http://www.mail.com/business/economy/1758186-us-wholesalers-boost-stockpiles-october.html WASHINGTON (AP) — U.S. wholesale businesses increased their stockpiles in October but their sales fell sharply, a mix sign for economic growth. The Commerce Department said Tuesday that stockpiles grew 0.6 percent in October. That's slower than September's 1.1 percent increase, which was the biggest gain in nine months. Sales in October fell 1.2 percent, ... Tue, 11 Dec 2012 15:43:00 GMT http://www.mail.com/business/economy/1758186-us-wholesalers-boost-stockpiles-october.html 2012-12-11T15:43:00Z http://www.mail.com/business/markets/1756714-obama-tax-plan-small-deal-to-small-businessmen.html WASHINGTON (AP) — President Barack Obama's plan to increase taxes on top earners would have only a small impact on the nation's economy, according to congressional budget experts. But don't tell that to small business owners facing a tax hike. Obama's proposal would hit about 940,000 people who report business income on their individual or household retur... Mon, 10 Dec 2012 20:27:00 GMT http://www.mail.com/business/markets/1756714-obama-tax-plan-small-deal-to-small-businessmen.html 2012-12-10T20:27:00Z http://www.mail.com/business/economy/1755106-china-november-trade-weak-challenge-to-economy.html BEIJING (AP) — China's trade weakened sharply in November, adding to challenges for the world's second-largest economy as a gradual recovery takes shape. Export growth plunged to 2.9 percent over a year earlier from the previous month's 11.6 percent, customs data showed Monday. Imports were flat, down from October's 2.4 percent growth. The figures were in... Mon, 10 Dec 2012 08:21:00 GMT http://www.mail.com/business/economy/1755106-china-november-trade-weak-challenge-to-economy.html 2012-12-10T08:21:00Z http://www.mail.com/business/markets/1754086-chinas-money-changes-landscape-australia.html GUNNEDAH, Australia (AP) — Tony Clift's family has plowed the rich black soil of Australia's Liverpool Plains for six generations. The thought of selling never crossed his mind — until a Chinese company came to town. Shenhua Watermark Coal offered to buy farms at unheard-of prices. The decision wasn't easy, Clift says. His pioneer ancestors settled the la... Sun, 09 Dec 2012 23:23:00 GMT http://www.mail.com/business/markets/1754086-chinas-money-changes-landscape-australia.html 2012-12-09T23:23:00Z http://www.mail.com/business/economy/1750348-german-central-bank-cuts-2013-growth-forecast.html BERLIN (AP) — Germany's central bank sharply cut its 2013 economic growth forecast to 0.4 percent on Friday, while poor industrial production figures underlined expectations of a weak winter for Europe's biggest economy. The Bundesbank cut its outlook for gross domestic product growth next year from the 1.6 percent it predicted in June. It also lowered it... Fri, 07 Dec 2012 11:44:00 GMT http://www.mail.com/business/economy/1750348-german-central-bank-cuts-2013-growth-forecast.html 2012-12-07T11:44:00Z http://www.mail.com/business/markets/1750120-sandy-thought-to-slowed-us-hiring-nov.html WASHINGTON (AP) — Superstorm Sandy is widely thought to have slowed U.S. job growth last month. The only question is how much — an answer that's expected to emerge Friday in the government's jobs report for November. Yet once the storm's impact is cleared away, the report may reveal that the job market is strengthening. Many economists predict employers a... Fri, 07 Dec 2012 04:48:00 GMT http://www.mail.com/business/markets/1750120-sandy-thought-to-slowed-us-hiring-nov.html 2012-12-07T04:48:00Z http://www.mail.com/business/economy/1748142-ecb-cuts-growth-outlook-eurozone-holds-rates.html FRANKFURT, Germany (AP) — The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic growth in 2013 from plus 0.5 percent to minus 0.3 percent. Even so, the bank left rates unchanged at its meeting Thursday, and ECB head Mario Draghi gave little sign he was leaning towar... Thu, 06 Dec 2012 16:45:00 GMT http://www.mail.com/business/economy/1748142-ecb-cuts-growth-outlook-eurozone-holds-rates.html 2012-12-06T16:45:00Z http://www.mail.com/business/markets/1748158-ecb-president-mario-draghis-speech.html Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's meeting of the Governing Council, which was also attended by the Commission Vice-President, Mister Rehn. Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unch... Thu, 06 Dec 2012 13:08:00 GMT http://www.mail.com/business/markets/1748158-ecb-president-mario-draghis-speech.html 2012-12-06T13:08:00Z http://www.mail.com/business/markets/1743890-uk-treasury-chief-juggles-budget-outlook-dims.html LONDON (AP) — Britain's Treasury chief George Osborne said Wednesday that the recovery of the U.K. economy is taking longer than he had hoped and warned more spending cuts will be needed to get public finances under control. With official growth forecasts cut, Osborne had little room for maneuver but said he was trimming departmental spending to generate ... Wed, 05 Dec 2012 21:29:00 GMT http://www.mail.com/business/markets/1743890-uk-treasury-chief-juggles-budget-outlook-dims.html 2012-12-05T21:29:00Z http://www.mail.com/business/economy/1744872-us-productivity-grows-faster-29-pct-rate.html WASHINGTON (AP) — U.S. workers were more productive this summer than initially thought, while costing their companies less. The Labor Department said Wednesday that productivity grew at an annual rate of 2.9 percent from July through September. That's the fastest pace in two years and higher than the initial estimate of 1.9 percent. Labor costs dropped at... Wed, 05 Dec 2012 17:06:00 GMT http://www.mail.com/business/economy/1744872-us-productivity-grows-faster-29-pct-rate.html 2012-12-05T17:06:00Z http://www.mail.com/business/economy/1739644-us-manufacturing-shrinks-november-to-3-year-low.html WASHINGTON (AP) — U.S. manufacturing shrank in November to its weakest level since July 2009, one month after the Great Recession ended. Worries about automatic tax increases in the New Year cut demand for factory orders and manufacturing jobs. The Institute for Supply Management said Monday that its index of manufacturing conditions fell to a reading of ... Mon, 03 Dec 2012 16:51:00 GMT http://www.mail.com/business/economy/1739644-us-manufacturing-shrinks-november-to-3-year-low.html 2012-12-03T16:51:00Z http://www.mail.com/business/markets/1739646-us-builders-boost-spending-14-percent-october.html WASHINGTON (AP) — U.S. builders increased their spending on construction projects in October by the largest amount in five months, led by a surge in housing. The Commerce Department said Monday that construction spending rose 1.4 percent in October. It was the largest gain since a 1.7 percent increase in May. The increase raised spending to a seasonally a... Mon, 03 Dec 2012 16:19:00 GMT http://www.mail.com/business/markets/1739646-us-builders-boost-spending-14-percent-october.html 2012-12-03T16:19:00Z http://www.mail.com/business/markets/1737896-ap-impact-china-overtaking-us-global-trader.html SEOUL, South Korea (AP) — Shin Cheol-soo no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China. In just five years, China has surpassed the United States as a trading partner for much of the wo... Mon, 03 Dec 2012 11:49:00 GMT http://www.mail.com/business/markets/1737896-ap-impact-china-overtaking-us-global-trader.html 2012-12-03T11:49:00Z http://www.mail.com/business/markets/1734438-cyprus-rushes-adoption-austerity-measures.html NICOSIA, Cyprus (AP) — Cyprus' finance minister urged lawmakers Friday to approve a first batch of spending cuts and tax hikes agreed with international creditors by Dec. 13, when the other 16 EU countries that use the euro are expected to discuss a bailout deal. Vassos Shiarly said the only element left to determine in the bailout accord with the 'troika... Fri, 30 Nov 2012 21:06:00 GMT http://www.mail.com/business/markets/1734438-cyprus-rushes-adoption-austerity-measures.html 2012-11-30T21:06:00Z http://www.mail.com/business/markets/1733870-sandy-slowed-us-consumer-spending-pay-oct.html WASHINGTON (AP) — Americans cut back on spending last month while their income remained flat. The weakness in part reflected disruptions from Superstorm Sandy that could slow economic growth for the rest of the year. The Commerce Department said Friday that consumer spending dropped 0.2 percent in October. It was the weakest figure since May, and it compa... Fri, 30 Nov 2012 14:34:00 GMT http://www.mail.com/business/markets/1733870-sandy-slowed-us-consumer-spending-pay-oct.html 2012-11-30T14:34:00Z http://www.mail.com/news/world/1733306-india-growth-stuck-3-year-low-reforms-stall.html MUMBAI, India (AP) — India's economic growth slid to 5.3 percent in the September quarter, stuck at its lowest levels in three years as New Delhi struggles to enact reforms to kick start Asia's third-largest economy. The number released Friday by the government was in line with expectations that the second quarter of the fiscal year was lackluster. A weak... Fri, 30 Nov 2012 06:24:00 GMT http://www.mail.com/news/world/1733306-india-growth-stuck-3-year-low-reforms-stall.html 2012-11-30T06:24:00Z http://www.mail.com/business/economy/1732546-japan-oks-107b-stimulus-aiming-to-boost-growth.html TOKYO (AP) — Japan unleashed yet another barrage of stimulus at its stagnant economy on Friday as debate over how to revive growth heated up ahead of a general election widely expected to deal a severe blow to the ruling Democratic Party. Fresh data for October showed an uptick in industrial output from the month before, the first increase in four months,... Fri, 30 Nov 2012 02:36:00 GMT http://www.mail.com/business/economy/1732546-japan-oks-107b-stimulus-aiming-to-boost-growth.html 2012-11-30T02:36:00Z http://www.mail.com/news/world/1731976-mexicos-president-calderon-fell-short-goals.html MEXICO CITY (AP) — When he came to power six years ago, President Felipe Calderon set goals to alleviate poverty, create jobs and increase public safety. As he winds up his term at the end of this week, Calderon leaves Mexico with fiscal stability that saved the country from collapse during the world's economic crisis, but with far greater violence, very ... Fri, 30 Nov 2012 01:31:00 GMT http://www.mail.com/news/world/1731976-mexicos-president-calderon-fell-short-goals.html 2012-11-30T01:31:00Z http://www.mail.com/entertainment/lifestyle/1732288-sandy-delivers-heavy-blow-to-us-economy.html WASHINGTON (AP) — Superstorm Sandy packed a bigger economic punch than most people had thought. In its sweep through the Northeast, the storm halted sales at major retailers at the start of the crucial holiday shopping season, closed factories and slowed home sales in one of the most densely populated areas of the country. On Thursday,... Thu, 29 Nov 2012 21:04:00 GMT http://www.mail.com/entertainment/lifestyle/1732288-sandy-delivers-heavy-blow-to-us-economy.html 2012-11-29T21:04:00Z