Economy
Updated over 1 year ago
Wash Post U.S. Economy
U.S. Economy News & Analysis: Search the washingtonpost.com's in-depth coverage and of the U.S. economic crisis.
BEIJING -- Most Asian stock markets climbed Friday as investors took heart from a slight improvement in U.S. economic indicators amid lingering worries over the pace of the global economic recovery.


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Wash Post U.S. Economy
With less than two months until the November elections, the White House is weighing a package of business tax breaks potentially worth hundreds of billions of dollars.


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Wash Post U.S. Economy
Regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were slow to identify and address abuses in the U.S. financial system that led to global economic crisis, Federal Reserve Chairman Ben S. Bernanke told a panel investigating the financial ...



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-- --- Discounts spur surprising Aug. retail sales gains


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NEW YORK -- The dollar fell against other major currencies Thursday ahead of a key U.S. jobs report. The euro rose after the European Central Bank raised its forecast for the region's growth.


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SEOUL, South Korea -- Asian stock markets rose Thursday as investors hungry for good news seized on stronger U.S. manufacturing as a sign the world economy isn't slowing as much as feared. European shares opened lower.


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Wash Post U.S. Economy



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U.S. regulators acting on "flawed information" denied Lehman Brothers the bailout assistance that its Wall Street competitors received, dooming the investment bank to collapse, former company chief executive Richard S. Fuld said Wednesday.


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After their worst August in nine years, stocks kicked off September with a big snap-back rally, following the release Wednesday of surprisingly good news about the U.S. manufacturing sector.


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-- --- Weak auto sales for August amid economic worries


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Wash Post U.S. Economy
WASHINGTON -- Manufacturing is growing in the United States and abroad, easing fears that the economy might be on the verge of a second recession.


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NEW YORK -- The dollar took a dive Wednesday after upbeat manufacturing reports in the U.S. and China, the world's two biggest economies, counteracted fears that the global recovery is faltering.


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-- Excerpts from recent editorials in newspapers in the United States and abroad:


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Departing White House chief economist Christina Romer called Wednesday on Congress to summon the political will to "finish the job of economic recovery" by pumping more cash into the economy through additional tax cuts for businesses and middle-class families, as well as fresh investments in the...


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SHANGHAI -- Chinese manufacturing growth improved and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.


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NEW YORK -- Stocks are surging after surprisingly strong growth in U.S. and Chinese manufacturing allayed worries about the global economy.


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LONDON -- Indicators are pointing up at the European Central Bank, which may be about to raise its 2010 economic projections. But that brightening picture is being increasingly darkened by fears about the recovery in the U.S.


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SEOUL, South Korea -- World stock markets mostly gained Wednesday after Chinese manufacturing growth picked up and Australia's economy expanded at its fastest pace in three years.


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The agency's decision sidesteps a major sore point in trade relations between the two countries.


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WASHINGTON -- Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.


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Over 1 Year Ago
-- --- Americans' economic confidence ticks up slightly


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NEW YORK -- The dollar dropped against the Japanese yen and Swiss franc, but traded mostly higher versus other currencies Tuesday after a cautious Federal Reserve report underscored fears about a slowdown in growth in the U.S., the world's largest economy.


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Wash Post U.S. Economy
-- The Federal Reserve's chief policymaking group last met Aug. 10, and the minutes of that meeting were released Tuesday.


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NEW YORK -- Americans' confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey.


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Wash Post U.S. Economy
NEW YORK -- Americans'confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey.


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NEW YORK -- A surprise jump in consumer confidence is giving stocks a lift.


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Aug. 31 (Bloomberg) -- Home prices in 20 U.S. cities rose more than forecast in June from a year earlier, reflecting the influence of a government tax incentive and a sign the market was stabilizing before sales plunged in July.


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NEW YORK -- A monthly report Tuesday on consumer confidence is expected to show that Americans remained gloomy in August as they grappled with job worries and an economy that's showing more signs of faltering.


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