In its latest quarterly global economic outlook, Fitch Ratings said the recent intensification of financial market volatility and fiscal policy uncertainty has eroded confidence, which has undermined private consumption and business investment growth. read more

OCT 3, 2011 - 9:36 am

The Commerce Department said nondefense new orders for capital goods in August
increased $3.9 billion or 5.2% to $78.1 billion. Overall, new orders for manufactured durable goods in August decreased $0.2 billion or 0.1%. read more

SEP 29, 2011 - 8:45 am

A recent survey conducted by Prime Advantage, a buying consortium for mid-sized manufacturers, revealed that optimism is picking up with respondents saying they are anticipating growth in revenues, employment and capital spending. read more

SEP 27, 2011 - 9:02 am

Moody's has downgraded the credit ratings of Bank of America and Wells Fargo over concern that government support would be unlikely should they become financially troubled. read more

SEP 22, 2011 - 4:08 pm

Federal Open Market Committee will buy $400 billion of longer-term Treasury securities and sell an equal amount of shorter-term Treasury securities by the end of June 2012 to put downward pressure on longer-term interest rates and help make broader financial conditions more accommodative, the FOMC said today. read more

SEP 22, 2011 - 9:06 am

The Department of Labor reported that the all-items Consumer Price Index edged up to 3.8% after holding at 3.6% for three months, while the 12-month change for all items, less food and energy, reached 2.0% for the first time since November 2008. read more

SEP 16, 2011 - 8:50 am

The National Association of Business Economics revised its growth projections downward for both 2011 and 2012. Real GDP is expected to advance 1.7% in 2011, down from the panel's May prediction of 2.8%, and 2.3% in 2012. read more

SEP 14, 2011 - 9:04 am

In a commentary on President Obama's plan to boost economic growth and job creation, Cobra Capital president Dale Kluga notes that as a national finance business reliant upon the success of small business clients, "we should expect one thing to definitely occur as a result of Obama's American Jobs Act - more cash hoarding." read more

SEP 12, 2011 - 9:36 am

According to the initial findings from a survey conducted by Pepperdine Private Capital Markets Project, economic uncertainty, followed by access to capital and government regulations and taxes are the top three issues facing small businesses. read more

SEP 9, 2011 - 9:28 am

Economic activity in the U.S. service sectors grew for the 21st consecutive month in August, according to the latest Non-Manufacturing ISM Report on Business. read more

SEP 8, 2011 - 8:42 am

U.S. economic activity continued to expand at a modest pace, although some Districts noted mixed or weakening activity since the last Beige Book report was released on July 27, according to the Federal Reserve. read more

SEP 8, 2011 - 8:36 am

According to a Turnaround Management Association poll, six out of ten corporate restructuring specialists think a double-dip recession is likely within six to 18 months. read more

SEP 1, 2011 - 8:36 am

According to the August 9 FOMC meeting minutes, a few members felt that recent economic conditions warranted "a more substantial move" than holding the target range of the federal funds rate at 0 to 0.25% through mid-2013. read more

AUG 31, 2011 - 8:40 am

Bloomberg reported that the U.S. economy grew less than previously estimated in the second quarter, capping the weakest six months of the recovery that began in mid 2009. GDP climbed at a 1% annual rate, down from a 1.3% prior estimate. read more

AUG 29, 2011 - 10:00 am

Bloomberg reports that Fed Chairman Ben Bernanke said in a speech to central bankers and economists in Jackson Hole, WY that the central bank has tools to stimulate a recovery, while sticking to his view that growth will pick up. read more

AUG 26, 2011 - 2:16 pm