Home » Posts tagged with » Economy

Royal Baby Promises to Boost England’s Economy

Royal Baby Promises to Boost England’s Economy

iStockphoto(LONDON) — England’s tourism industry is happily awaiting the soon-to-be royal baby as the Duchess of Cambridge prepares to give birth.
Proceeds from tourism and product sales related to the birth are expected to pump nearly $400 million do…

White House: Jobs Report Confirms Continued Economic Recovery

White House: Jobs Report Confirms Continued Economic Recovery

Comstock/Thinkstock(WASHINGTON) — Friday’s jobs report showed that U.S. employers added nearly 200,000 jobs in the past month, gains that the White House calls proof of the continuing recovery from the recession that began in 2007.In a statement on Fr…

Bernanke Wants to Keep Fed’s Stimulus Plan Going

Bernanke Wants to Keep Fed’s Stimulus Plan Going

Alex Wong/Getty Images(WASHINGTON) — The head of the nation’s central bank told D.C. lawmakers Wednesday that he’s leaving well enough alone so as not to derail the slow but steady economic recovery.
Appearing before a congressional Joint Economic Com…

Warren Buffett: ‘Tough to Watch’ Washington Gridlock

Warren Buffett: ‘Tough to Watch’ Washington Gridlock

Scott Eells/Bloomberg via Getty Images(WASHINGTON) — During an interview on ABC’s This Week Sunday morning, Berkshire Hathaway chairman and CEO Warren Buffett bemoaned the political gridlock in Washington, telling chief business and economics co…

Student Debt Impacting US Economy

Student Debt Impacting US Economy

JupiterImages/Comstock Images(NEW YORK) — According to a recent study, students should consider the statistics before taking out a loan to help pay for college.Two-thirds of students take out loans to pay for college, and their combined debt could hav…

Bailout Plan Could Avert Economic Collapse in Cyprus

Bailout Plan Could Avert Economic Collapse in Cyprus

Hemera/Thinkstock(NEW YORK) — Cyprus has seemingly avoided economic disaster by agreeing late Sunday to a bailout plan which will provide the island nation with a bailout of approximately $13 billion.Time was of the essence, as failing to reach an agr…

China’s Economy Has Underwhelming Start, Slowest Since 2009

China’s Economy Has Underwhelming Start, Slowest Since 2009

Getty/George Doyle/Thinkstock(BEIJING, China) — The growth of China’s economy may be showing signs of slowing down, as the nation’s industrial output started the year weaker than it has any year since 2009 and lending and retail growth slo…

Dow Jones Industrial Average Closes at All-Time High

Dow Jones Industrial Average Closes at All-Time High

Jin Lee/Bloomberg via Getty Images(NEW YORK) — The Dow Jones industrial average reached record highs on Tuesday, surpassing a key level in its recovery from the 2008 financial meltdown.After first hitting a record opening Tuesday morning, the Dow main…

Big Paydays for JP Morgan Employees, Despite Job Cuts

Big Paydays for JP Morgan Employees, Despite Job Cuts

STAN HONDA/AFP/Getty Images(NEW YORK) — Another big bank announced job cuts Tuesday, but for those still employed on Wall Street it remains lucrative.JPMorgan Chase said it would cut thousands of jobs by the end of the year in an effort to decrease ex…

Bernanke on Sequester Cuts: Too Much, Too Soon

Bernanke on Sequester Cuts: Too Much, Too Soon

Alex Wong/Getty Images(WASHINGTON) — The chairman of the Federal Reserve says if lawmakers can’t reach a deficit reduction deal by Friday the resulting mandatory budget cuts known as “the sequester” could become a case of too much, t…

Survey: US Economy Will Keep Growing in 2013

Survey: US Economy Will Keep Growing in 2013

Comstock Images/Thinkstock(NEW YORK) — The U.S. economy should continue to grow this year and into the next, according to the latest outlook from the National Association for Business Economics.”The NABE panelists are showing greater optimism in that …

State of the Union: Economists Share Surprises, Disappointments

State of the Union: Economists Share Surprises, Disappointments

Bill Clark/CQ Roll Call(NEW YORK) — President Obama in his State of the Union address Tuesday night spoke confidently about what he expects to accomplish his second term, but how he described job creation and a showdown with Congress over automatic se…

Obama’s Economic Tour Starts at Canadian Manufacturer in NC

Obama’s Economic Tour Starts at Canadian Manufacturer in NC

SAUL LOEB/AFP/Getty Images(WASHINGTON) — President Obama on Wednesday kicks off a three-day post-State of the Union tour to promote ‘made in America’ with a visit to a Canadian auto parts manufacturer in North Carolina.The Linamar Corp. facility in As…

State of the Union 2013: What to Expect From President Obama’s Speech

State of the Union 2013: What to Expect From President Obama’s Speech

Saul Loeb-Pool/Getty Images(WASHINGTON) — In contrast to his inaugural address, President Obama’s State of the Union speech will focus primarily on jobs and the economy, outlining new initiatives on manufacturing, education, clean energy and inf…

Consumers Remain Cautious About Spending

Consumers Remain Cautious About Spending

Brand X Pictures/Thinkstock(NEW YORK) — With all the market euphoria, a rally in the housing market, plus gains for auto sales, it may be surprising that U.S. consumers are still very cautious about spending money. A government survey released late la…

GDP Drops 0.1% in Fourth Quarter

GDP Drops 0.1% in Fourth Quarter

Comstock Images/Thinkstock(NEW YORK) — The U.S. economy shrank last quarter for the first time since 2009, surprising many experts who didn’t expect to see a contraction.According to Commerce Department figures released on Wednesday, gross domestic pr…

More Optimism About Economic Growth in 2013, Survey Finds

More Optimism About Economic Growth in 2013, Survey Finds

Comstock Images/Thinkstock(NEW YORK) — More economists are raising their forecast for growth this year.A new survey by the National Association for Business Economics finds that 50 percent of corporate economists now think the economy will expand by 2…

Japan Makes Bold Move to Help Boost Economy

Japan Makes Bold Move to Help Boost Economy

Stockbyte/Thinkstock(TOKYO) — Japan’s prime minister is making a bold move — and staking the country’s financial future on it.Shinzo Abe has proposed the unlimited printing of money and a 2 percent inflation target to lift Japan out of decades of eco…

Economy May Be Fueling ‘Sugar Daddy’ Business, Site Suggests

Economy May Be Fueling ‘Sugar Daddy’ Business, Site Suggests

SeekingArrangement.com(NEW YORK) — As college costs continue their stubborn rise, and with work harder to come by during an anemic economic recovery, some students are resorting to a rather unusual measure in order to pay their college bills.“Su…

OMB Tells Federal Agencies to Prepare for Potentially Deep Cutbacks

OMB Tells Federal Agencies to Prepare for Potentially Deep Cutbacks

Ingram Publishing/Thinkstock(WASHINGTON) — It’s not just the Pentagon that will go under the knife if automatic spending cuts known as sequestration go through on March 1, barring action by Congress.The Office of Management and Budget, which assists P…

Page 1 of 20123Next ›Last »

Advertise With Us

Would you like to advertise on East Idaho News? Fill out this form to contact a representative.
  • Full and Last
  • The name of your company, business or brand.