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Last updated: 07:28:38 Friday Dec 18, 2009


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  • British borrowing rockets to record high
    LONDON (AFP) - Overspending in recession-hit Britain soared to a record in November, official data showed on Friday, highlighting the country's debt as alarm over public finances in Greece rippled across Europe.   Nations:U.K.   People:Gordon Brown   Activities:2008 U.K. Recession   Source:(AFP)   2009-12-18

    45 percent in survey will travel in next 4 months
    NEW YORK - Forty-five percent of U.S. consumers will take a vacation or leisure trip between Thanksgiving and March that involves paying for overnight accommodations, according to a new survey released Monday by Deloitte LLP.   Nations:U.S.   2009-11-16

    For Americans, deficit pain is felt close to home
    MIAMI (Reuters) - Christopher O'Neill is worried about the deficit. The deficit, that is, in his personal income after the 26-year-old Miami finance analyst was forced to find a temporary job paying $20,000 a year less than he earned until January when he was laid off from his auditor's post in Miami.   Nations:U.S. India   People:Barack Obama   Activities:2008 U.S. Recession   Source:(Reuters)   2009-11-04

    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

    Pay czar vows to rework AIG bonuses
    WASHINGTON (Reuters) - Renegotiating bonuses to American International Group employees is a "top priority," the Obama administration's pay czar said on Wednesday, adding he believes he can do so without losing key employees.   Activities:2008 AIG Crisis   Source:(Reuters)   2009-10-28

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