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New Data Show Continuing Decline in U.S. Spending

New U.S. data showed a continuing decline in both consumer and business spending -- the dynamic that prompted the Federal Reserve and Treasury to announce on Tuesday an $800 billion plan to lower home loan mortgage rates and ensure households and small ...

From HOWARD SCHNEIDER, The Washington Post,  26 Nov 2008

E.U. Proposes Economic Stimulus Plan

The measures announced in Brussels and Beijing follow steps unveiled by the U.S. Treasury and Federal Reserve on Tuesday to commit $800 billion to a program meant to boost consumer spending and the country's housing market. With Europe facing a similar ...

From HOWARD SCHNEIDER, The Washington Post,  26 Nov 2008

Government Moves to Boost Consumer Spending, Lower Home Mortgage Rates

The Federal Reserve and Treasury moved today to boost consumer spending and lower home mortgage rates, committing up to $800 billion to make it easier for households to borrow money for cars, tuition bills and new homes as part of a broad effort to ...

From HOWARD SCHNEIDER, The Washington Post,  25 Nov 2008

He Says Monitors Have as Many Bells and Whistles as You Need. And Maybe More.

This may seem like too much Frankenstein and not enough frankincense given the time of year. I'll de-myrrh on that point. But Galvani's breakthrough in biology leads to an important point. What happens inside your body when you exercise is governed by ...

From HOWARD SCHNEIDER, The Washington Post,  24 Nov 2008

Consumer Prices, Housing Starts Fall at Record Pace

The Labor Department reported this morning that the consumer prices declined by 1.0 percent in October on a seasonally adjusted basis -- the largest one month price drop since the agency began compiling the statistic in 1947. The drop in prices was led ...

From HOWARD SCHNEIDER, The Washington Post,  19 Nov 2008

Citigroup to Shed 50,000 Jobs Worldwide

Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...

From HOWARD SCHNEIDER, The Washington Post,  17 Nov 2008

Eurzone Slips Into Recession

The Eurostat statistics agency reported yesterday that growth in the economic zone shrank 0.2 percent from July through October, compared with the prior three months. Following a similar decline from April through June, the euro-zone economy has met ...

From HOWARD SCHNEIDER, The Washington Post,  15 Nov 2008

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