7 votes
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Euro Falls Against Dollar on Concern Economy Headed for Slum
The euro fell to the lowest in more than seven months against the dollar after reports showed business investment, exports and retail sales declined, adding to evidence of an economic slump in the single-currency region.
10 votes
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As gas prices go down, so will food, right? No
As prices for crude oil and other commodities ease, Americans have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter.
7 votes
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NZ Economy sound despite finance company collapses
The New Zealand financial system remains fundamentally sound and is working well despite high profile meltdowns of several finance firms, says the Reserve Bank.
9 votes
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Dollar Falls on U.S. Manufacturing Slump, Credit-Market Loss
The dollar fell to a one-week low against the yen on speculation a manufacturing industry contraction and credit-market losses will prompt the Federal Reserve to hold off from raising interest rates.
9 votes
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Meat, Dairy May Push Food Inflation to 28-Year High
Rising prices for meat, dairy products, cooking oil and fresh produce may accelerate U.S. food inflation this year at the fastest pace since 1980, the government said in a report.
8 votes
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Dollar climbs as oil dips
Investors boost dollar as crude prices fall and Germany, Europe's largest economy, shows weakness.
8 votes
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Stagflation? Or just stagnation?
The inflation figures for July were ugly. But oil prices have fallen and the dollar has strengthened in August. Too bad a global slowdown is the reason.
8 votes
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The next credit crunch
Our easy access to plastic is about to dry up - and with it our ability to fake living the good life.
8 votes
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Americans Less Gloomy on Economy Amid Discontent, Poll Finds
Americans are slightly more optimistic about the economy even as large majorities disapprove of the country's overall direction and President George W. Bush's performance, the latest Bloomberg/Los Angeles Times poll shows.
6 votes
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Fed Can Be `Patient' on Rates as Oil Drop May Slow Inflation
Federal Reserve Bank of Minneapolis President Gary Stern said an oil-price decline will probably push headline inflation lower, allowing the central bank to ``be patient'' in considering a change to the main interest rate.
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Swiss Franc Sinks Against Majors After Money Supply Report
The Swiss franc dropped versus its major counterparts on Wednesday in New York, including hitting a fresh multi-month low against the greenback. Investors considered a report showing Swiss money supply grew at a slower pace in July.
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Canadian Dollar Erases Declines as Crude Gains on Inventorie
Canada's dollar erased losses after a report on gasoline inventories boosted oil prices.


