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Retail sales rise brightens recovery picture »
Sales at retailers were unexpectedly strong last month, suggesting consumers were feeling a little more comfortable to spend and improving prospects for first-quarter economic growth.
Retail sales rose 0.5 percent as consumers stepped up spending not only on essential goods but luxury items as well, the Commerce Department said on Friday.
Optimism over the increase [...]
Recovery, debt woes to hound stocks »
Recovery, debt woes to hound stocks
Stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe’s sovereign debt woes rattle sentiment.
Investors worry that the debt problems will hinder efforts to sustain the nascent economic recovery and [...]
Oil slips below $77 as demand lags economic recovery »
SINGAPORE (Reuters) – Oil fell a few cents on Thursday to trade below $77 as rising crude inventories in the United States signaled that a rebound in U.S. economic activity was failing to translate into higher demand.
U.S. crude for March delivery declined 17 cents to $76.81 a barrel at 0736 GMT (2:36 a.m. EST), [...]
News Corp profit up on ad recovery, Avatar »
News Corp profit up on ad recovery, Avatar
NEW YORK (Reuters) – News Corp’s results beat expectations thanks to “Avatar” and improved advertising sales, and the company raised its outlook and dividend in a sign of confidence for the battered media sector.
The 25 percent dividend increase announced on Tuesday by Rupert Murdoch’s media conglomerate [...]
Activity indicators in Peru and Colombia reinforces the recovery trend in the region »
Mon, Jan 25 2010, 19:15 GMT
The release of activity indicators in Peru and Colombia reinforces the recovery trend in the region. In Mexico, the inflation expanded more than expected due to the fiscal program. The deficit in the current account continued to increase in Brazil in consequence of the economic dynamism. In [...]
The world’s superpower and neighbor remain on the right track for recovery… »
Fri, Jan 22 2010, 13:02 GMT
by ecPulse.com analysis team
The world’s largest economy; the Unites States, along with its major trading partner and territorial neighbor, Canada,remains onthe right track of economical healing from the ongoing downside pressures of the worst recession witnessed since WWII; however, a full strong recovery is still far [...]
Hesitant Wall Street looks for more recovery evidence (AFP) »
, hesitant about the pace of recovery, gets a fresh batch of corporate earnings and economic data in the coming week that may help set the tone for a skittish market.
in the economic recovery and mixed signals from earnings and economic data, analysts said.
The market opens a holiday-shortened week Tuesday after the Martin [...]
IMF urges care as Europe worries recovery may slow »
PARIS (Reuters) – France raised its economic growth forecast for 2010 on Monday but the central banks of Germany and Italy offered more sobering readouts on the probable strength of the recovery from recession in Europe.
The predictions on growth came alongside warnings from International Monetary Fund officials of the risks that developed economies may [...]
Machine orders in Japan unexpectedly declined amid concerns about the strength of recovery »
Thu, Jan 14 2010, 01:42 GMT
by ecPulse.com analysis team
Machine orders in Japan unexpectedly declined in November, indicating that companies still concerned about the strength of recovery, especially with some central banks around the world began thinking of exiting the exceptional policies adopted since the beginning of the crisis.
Machine orders in [...]
Energy Prices Remain Soft Despite Recovery »
Thu, Jan 14 2010, 04:51 GMT
After plummeting to a 2-week low at 78.37, crude oil for February delivery recovered to close at 79.65, slightly below 80. The benchmark contract lost -1.4% for the day and has dropped -5% from the 15-month high at 83.95. Gasoline and heating oil also corrected sharply [...]