LONDON: The wheels could come off the US economy even before it has shifted out of second gear unless politicians reach a last-minute deal to avoid $600 billion in tax rises and spending cuts that kick in next month.
Showing posts with label U.S. recession. Show all posts
Showing posts with label U.S. recession. Show all posts
7/09/2012
As economy steadies, number of bank failures falling
WASHINGTON — Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008.
11/29/2011
Foreign markets make U.S. stocks look good
The U.S. stock market hasn't been much to write home about, with the Standard & Poor's 500 coming off a rough two weeks that left it down 7.9% for 2011. But that beats the pounding investors who strayed outside the U.S. have gotten.
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