Archive for the ‘Economy’ Category

GDP grew 3.4%

Thursday, August 9th, 2007

 

WSJ

 

THE U.S. ECONOMY RESURGED in the second quarter as GDP grew 3.4% amid rising inventories, higher exports and a lessening drag from housing. Headline inflation accelerated, but the gauge excluding food and energy eased. 10:58 a.m.

 

• Economists React: Growth Not ‘Sustainable’?

• Econ Blog: GDP Revised Down for Last Three Years

• Desktop News Alert: See a sample, sign up

Stocks declined again after a big selloff in the previous session, despite data showing a pickup in economic growth and an easing in core inflation in the second quarter. The Nikkei 225 slid 2.4% and South Korea’s Kospi fell 4.1%. 11:09 a.m.

 

• Stocks Tumble as Wary Investors Reassess Risks

• Graphic: The Dow’s Ride | Markets Data: Overview

• Fund Managers Share a View

• Vote: Is now a good time to buy stocks?

KKR may have to postpone its IPO as flagging debt markets halt the private-equity boom. Cadbury Schweppes extended the bid deadline in the auction for its U.S. drinks business. 8:26 a.m.

 

• As LBOs Lose Luster, a Stock-Price Prop Falls

• Bear Stearns Seizes Most of Fund’s Collateral

• Scorecard: Deals affected by credit-market tremors

Posted in Economy | No Comments »

Global Growth at 5.2 Percent

Thursday, August 9th, 2007

Economic Risk – 2007 Global Growth at 5.2 Percent

The global economy continued to expand at a brisk pace in the first half of 2007, according to the July update of the IMF’s World Economic Outlook (WEO). Emerging market countries have led the way, with China growing by 11½ percent in the first half of 2007, and India and Russia also growing very strongly.

Full Story…

Posted in Uncategorized, Economy | No Comments »