WASHINGTON (Reuters) - The U.S. economy shrank at its fastest pace since 1982 in the fourth quarter and corporate profits plunged a record $120.1 billion, pulled down by falling consumer spending and exports, government data showed on Thursday.
Stories Related to U.s. Economy Shrinks, Profits Plunge In Q4
Reuters: Top News, Reuters
Thu, 03/26/2009 - 6:26am
RELATED ARTICLES
- US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More - Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More - Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More - Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More - US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
- GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 — but a wider trade deficit could throw up a roadblock. Here’s what to ...
04/24/2024 - 6:43 am | View Link - U.S. economy takes a step backward in April, S&P surveys show, as demand weakens
Story developing. Stay tuned for updates here. The numbers: The U.S. economy lost momentum in April, a pair of S&P surveys found, as businesses reported a decline in new orders and reduced ...
04/23/2024 - 3:57 am | View Link - Larry Summers and Natasha Sarin on U.S. economy, tax policy and national debt
With nearly $3 trillion of tax cuts slated to expire next year, there are renewed questions about the future of the U.S. tax code and how the American economy can grow in fiscally responsible ways.
04/16/2024 - 1:00 am | View Link - Think Tanks From Five Countries Predict China to Overtake U.S. as World’s Largest Economy by 2035
The research team, comprised of scholars from the United States, Russia, Canada, India, and China, predicts that China’s growth will lead the global economy in the future. Global Times quoted ...
04/2/2024 - 3:29 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more