Caution: Slippery economy
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In business and finance, 2004 had a split personality. The economy grew at a solid pace, but jobs didn't. The technology sector finally revived, but soon began to consolidate. Airlines packed flights, but still lost billions.
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Economists said the new numbers suggested that the economy may be weaker than many had thought.
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Statistics don't tell the real story about the state of your finances.
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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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WHEN the worldâs leading currency goes on the slide, be braced for all manner of latent trouble to come to the fore. The slide in the greenback, renewed after disappointing US jobs numbers last Friday, is
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Currency traders have become convinced over the past two weeks that something big is afoot in the global economy. They are not convinced by the sanguine noises coming from the Federal Reserve and think the risks of a "hard landing" in the US economy have risen. But, in a departure from the old wisdom, they do not seem worried about the effects of a US downturn on European economies - rejecting the old adage that "when the US sneezes the rest of the world catches a cold".
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A downward spiral of falling house prices and reduced lending threatens the economy, an economist warns.
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A downward spiral of falling house prices and reduced mortgage lending threatens the economy, an economist warns.
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The market has tanked ... think before you jump in.
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Will the economy make a soft landing, or will it hit the ground hard?
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DAVOS, Switzerland -- Captains of industry, heads of state, central bankers, and economists gather every year in this swank ski resort to contemplate the Phillips curve, exchange rates, and business cycles. The discussion is frequently as dry as the alpine powder or a 2000 Bordeaux.
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If you invest in China, do so with caution.
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If you see a downturn ahead, here's what you can do.
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According to Wall Streetâs forecasters, the recession of 2008 is now unavoidable. That is, if you read between the lines of their predictions.
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Wall Street may be on the defensive  this week if reports on housing and growth suggest the United  States economy is headed for an acute slowdown.
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A pick-up in prices will complicate efforts by the Central Bank as it tries to stave off a slowdown in economic growth.
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IF stock prices are supposed to reflect the underlying health of the economy, itâs easy to see why the market is off to such a tough start this year. Wall Street is worried that the economy is headed for its first recession in six years, so itâs only natural that investors are a little spooked.