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Last updated: 07:37:35 Thursday Nov 19, 2009


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  • World recovery 'modest', debt must stop: OECD
    PARIS (AFP) - China, Asia and the United States are pulling the world out of an economic vortex with surprising if "modest" speed, the OECD declared on Thursday.   Nations:China U.S. India Brazil France Russia   People:Barack Obama   Source:(AFP)   2009-11-19

    Millions will have to repay part of tax credit
    WASHINGTON - More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama's tax break that was designed to help consumers spend the U.S. economy out of recession.   Nations:U.S.   People:Barack Obama   Source:(AP)   2009-11-16

    China's output, retail sales gather pace in October
    BEIJING (AFP) - China said Wednesday that massive government spending was paying off as a new wave of data showed the world's third-largest economy continued to strengthen following the worst global crisis in decades.   Nations:China Canada   2009-11-10

    Productivity surges, job growth should follow
    WASHINGTON (Reuters) - U.S. business productivity grew at its fastest clip in six years in the third quarter and new claims for jobless aid fell to a 10-month low last week, suggesting the labor market may be starting to bottom out.   Activities:2008 U.S. Recession   2009-11-05

    US consumer spending dips first time in five months
    WASHINGTON (AFP) - US consumer spending, a critical growth driver, fell for the first time in five months in September, official data showed Friday amid fears the economy may slow just after exiting recession.   Activities:2008 U.S. Recession   Source:(AFP)   2009-10-30

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