Global Economic Slowdown

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  • USDA: Number of Americans going hungry increases

    Nov 16th, 2009 - Boston

    WASHINGTON—More than one in seven American households struggled to put enough food on the table in 2008, the highest number since the U.S. Department of Agriculture began tracking food security levels in 1995. That's 14.6 percent of U.S...

  • Chinese president pledges to boost domestic demand

    Nov 13th, 2009 - Forbes

    SINGAPORE -- China is doing what it can to expand domestic demand and rebalance its economy, President Hu Jintao said Friday, calling for renewed efforts to improve international financial oversight to prevent future crises.

  • JAL falls into red in H1, gives no annual outlook

    Nov 13th, 2009 - Reuters

    TOKYO, Nov 13 (Reuters) - Japan Airlines Corp (9205.T), whichis seeking a state bailout, said it sank into the red in thefirst-half year as the global economic slowdown hit travel andcargo demand and refrained from issuing annual forecasts.

  • Devon, XTO profits down but exceed Street view

    Nov 4th, 2009 - Reuters

    HOUSTON (Reuters) - Devon Energy Corp (DVN.N) and XTO Energy Inc (XTO.N) reported lower quarterly earnings on Wednesday as crude oil and natural gas prices fell from a year ago, but higher output and cost-cutting helped the U.S...

  • Crude price rises $1.47 as Fed meets

    Nov 3rd, 2009 - Boston

    Crude price rises $1.47 as Fed meetsOil prices rose yesterday as the Federal Reserve began a two-day policy meeting on interest rates. The US government stepped in to bail out faltering banks and other giant businesses over the past year...

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