WASHINGTON (Reuters) – Job losses in the United States slowed sharply in November, cushioned by seasonal adjustments and a budding economic recovery that is encouraging some companies to retain workers, a Reuters survey predicts.
Archive for November, 2009
U.S. job cuts slowed in November, jobless rate seen steady
Monday, November 30th, 2009Court takes on fraud lawsuit vs. Australian bank
Monday, November 30th, 2009The Supreme Court has agreed to decide whether Australian investors can use U.S. securities law and American courts to sue an …
Iran’s Nuclear Ambitions Highlight Kazakhstan’s Uranium Potential
Monday, November 30th, 2009One bonus of the global recession is that it wiped a lot of incompetent hedge fund managers and energy speculators from the canyons of Wall Street. As the Gordon Gecko sycophants regroup and look for the next Big Thing, maximizing profit while minimizing risk, the landscape looks very different than it did a year ago. In such a climate, it is uranium, not oil and natural gas that would seem to have the brightest future for one simple, overriding capitalist principle – supply and … [visit site to read more]
Obama won’t dwell on costs in Afghan speech-WHouse
Monday, November 30th, 2009President Barack Obama will raise the issue of costs but not go into specifics when he unveils a new Afghan strategy on Tuesday to deploy thousands more U.S. troops, the White House said on Monday.
UAE banks able to weather crisis: cbank governor
Monday, November 30th, 2009DUBAI (Reuters) – The United Arab Emirates’ central bank governor said on Monday there was no cause for concern about local banks, which he said had proven themselves able to weather the global crisis, the state news agency WAM reported.
U.S. November auto sales to show slow recovery
Monday, November 30th, 2009DETROIT (Reuters) – Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.
November factory activity seen decelerating
Monday, November 30th, 2009NEW YORK (Reuters) – The U.S. manufacturing sector is expected to have grown but at a slower pace in November in a still fragile recovery from the longest recession in decades, according to a Reuters’ poll of economists.
U.S. regional manufacturing recovers, consumers wary
Monday, November 30th, 2009NEW YORK (Reuters) – Manufacturing in parts of the United States was picking up steam, data showed on Monday, but jobs were lagging the recovery and consumers remained cautious, economists said.
PREVIEW-Nov ISM factory activity seen decelerating to 55.0
Monday, November 30th, 2009The U.S. manufacturing sector is expected to have grown but at a slower pace in November in a still fragile recovery from the longest recession in decades, according to a Reuters’ poll of economists.
Big rise in oil demand after 2010 may hit growth-IEA
Monday, November 30th, 2009Demand for oil after 2010 could increase significantly and this may pose a risk to global recovery, International Energy Agency (IEA) chief economist Fatih Birol said on Monday.