Blanchard Joins Panel to Study Economic Innovation: Panel Will Measure Impact of Growth, Productivity
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By Columbus Ledger-Enquirer, Ga.  Dec. 9--U.S. Commerce Secretary Carlos Gutierrez has named 15 business and academic leaders -- including retired Synovus chairman and CEO James Blanchard -- to serve on a new panel he has formed to understand better how U.S.
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Innovation has become an all-purpose tonic, the default prescription for every pain associated with the retrenching American economy. Whatever the problem -- slower growth, global competition, fewer well-paying jobs -- innovating, we are told, is the solution.
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A panelÂs sweeping plan would mark an epochal shift for an industry that has fiercely resisted shrinkage.
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By Jonathan B. Cox, The News & Observer, Raleigh, N.C.  Sep. 18--Second of three reports   In China, where weavers and assemblers have cobbled together the fastest-growing major economy on Earth, the government is pushing beyond manufacturing. It wants innovation.
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Federal Reserve Chairman Alan Greenspan said Friday that a variety of factors from a weaker dollar to tougher budget discipline in Congress may finally start to restrain the explosive growth in the U.S. trade deficit.
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Federal Reserve policy makers at their Sept. 21 meeting considered the case for pausing a series of &quot;measured&quot; rate increases this year if economic data weaken, minutes of the gathering show.
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Investor's Business Daily - Cleveland Fed chief Sandra Pianalto said policymakers must try to &quot;preserve the benefits of financial innovation while protecting consumers from unfair and abusive practices.&quot; Such innovation has lowered costs for borrowers and given them a wider range of loan choices. But their interests may conflict with those of mortgage brokers, who are usually compensated only when a loan is made, Pianalto said.
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Spotting the next disruptive technology, understanding the future and expecting less from insurance.
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The Index of Leading Economic Indicators, a widely watched barometer of future economic activity, edged lower in September for the fourth month in a row, indicating a slowing in economic growth, a private research group reported Thursday.
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Joseph Stiglitz, the Nobel laureate economist tapped to head a new French study, said Tuesday he sees gross domestic product (GDP), the most often cited yardstick, as an imperfect indicator.
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Knowing how to measure balance sheet strength will help investors add another tool to their arsenal.
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LINCOLN, Neb.  - Record oil prices will only exert  a modest impact on U.S. growth which looks set for a solid  performance over the next 18 months, Federal Reserve Bank of  Kansas City President Thomas Hoenig said on Wednesday.
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Stock index futures were little changed on Friday before a much-anticipated employment report that could help answer questions about economic growth in the wake of recent losses.
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NEW YORK - A closely watched measure of future economic activity fell in July for the second consecutive month, reinforcing evidence that the nation's financial recovery is slackening.    The Conference Board said Thursday its Composite Index of Leading Economic Indicators dropped by 0.3 percent in July to 116.0, following a revised decline of 0.1 percent in June...
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LONDON, Nov 17  - US officials see a growing importance of the Group of 20 economic gathering and plan to use this week&#39;s Berlin forum to push pro-growth efforts, while hoping to avoid a row over the sagging dollar.
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Central bankers, joined by commercial counterparts and financial regulators from around the globe, on Sunday discussed ways to ensure smooth economic growth amid worries over widening U.S. deficits.
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The producer price index and testimony from Federal Reserve Chairman Ben Bernanke on the near-term economic outlook are this weekâs highlights.