Terror risk weighs on US economy
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Terrorism has become the biggest threat to the US economy, overtaking weak job growth and the budget deficit, says a new survey.
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The White House expressed concern Sunday about recent indications of a heightened terrorist threat and said it points to a greater need to promote the benefits of democracy.
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The United States has lost billions of dollars and an immeasurable amount of good will since the Sept. 11 terrorism attacks because of a decline in foreign tourists
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Hopes that healthy local economies might escape the force of a U.S. recession evaporated and fear gripped investors.
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European stocks might drop, paced by consumer and travel-related shares, after a blast in Jakarta killed four people, heightening concern about terrorism.
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The US is in an exceptionally difficult situation, with the economy on the brink of recession and limited scope for policymakers to ride to the rescue.
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Many of the nation's biggest companies have cut back their sales expectations in recent days and the financial system is showing signs of new stress, evidence that the U.S. economy is more threatened by the sharp downturn in housing than it appeared to be only a few weeks ago.
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Terrorist threat levels were lowered in the financial sectors of Washington, New York City and Northern New Jersey Nov. 10. Threat levels were raised from elevated to high in these areas in August because
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WASHINGTON - US authorities worry terrorists could target foodstuffs in an attempt to sicken or kill hundreds, maybe thousands of people.
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NEW YORK - Though America just celebrated the third anniversary of the Sept. 11, 2001, terrorist attacks and most of the economy has more or less recovered, the announcement by US Airways Group that it is
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The US is to lower the terror alert for major financial centres in New York, New Jersey and Washington, officials say.
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Former Treasury Secretary Lawrence Summers said on Sunday the risks of a recession are greater now than at anytime since the September 11 attacks due to real estate and mortgage market troubles.
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Despite the Bush administration's pledge to battle terrorist financing, the government's average penalty against companies doing business with countries listed as terrorist-sponsoring states fell sharply after the Sept. 11 attacks, an Associated Press analysis of federal records shows.
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HELSINKI, Finland - US embassies in Finland and Latvia issued a rare warning to Americans in the Nordic and Baltic region to be wary of shopping centers and public transport amid a threat of a possible terror attack Monday.
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Memories of the terrorist attacks of Sept. 11 are burned deeply into the nation's consciousness, and Americans today are as fearful of becoming a victim of terrorism as they are of losing their job or having their home burglarized.
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Itâs a curious phenomenon. Americans seem to feel more economically insecure even though the economy has become more stable.
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The upsurge in Middle East violence and resulting spike in crude oil prices poses new risks to the US economy, which is already cooling from higher interest rates and other factors, experts say.