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Latest New York State Economy News

  • World economic growth to drop steeply in next two years, UN says 16 May 2008 08:17 GMT
    ... steeply in next two years, UN says New York (ANTARA News) - The United Nations on ... in a mid-year study on the world economy and prospects in 2008. The study said the ...

  • Oily ad campaign spins it industry's way 16 May 2008 08:17 GMT
    ... Paul Krugman pointed out Monday in The New York Times, speculators are only a minor factor ... all the other things that keep an economy humming. To complicate matters, the higher the price ...

  • Dominican president seeks third term in today's election 16 May 2008 08:16 GMT
    ... Fernandez, a lawyer who grew up in New York and has warm ties to the ... York-style," said 27-year-old Ana Virginia Custodio, an unemployed mother of two in the capital's working-class ...

  • Scant oil price relief if US stops filling reserve 16 May 2008 08:15 GMT
    ... 2008, 01:43 AM Doha style="PADDING-LEFT: 10px;PADDING-RIGHT: 12px;"> NEW YORK: A move to stop filling the US ... surge has added pressure to the US economy, already hard-hit by a credit crisis and housing ...

  • Oil prices: Wall Street's game 16 May 2008 08:10 GMT
    ... on CNN — This week, 12pm ET NEW YORK (CNNMoney.com) -- There's no question about it, ... fall, investors flock to commodities as an inflation hedge. "They Fed tipped their hand," he said. ...

  • Credit woes easing says Fed 16 May 2008 08:10 GMT
    ... "Doing so not only helps the broader economy but positions firms to take advantage of new ... economy improve," he said. Bernanke and the New York Fed's William Dudley, who oversees financial markets ... focused on ensuring price stability and sustainable employment, "it falls to regulatory policies and supervisory ...

  • A dismal record 16 May 2008 08:10 GMT
    ... of the Republican National Committee, told a New York Times reporter. "We can't let the Democrats ... disastrous response to Hurricane Katrina, a tumbling economy, a dangerous loss of respect around the world ...

  • Cash-strapped shoppers buy just a little at a time 16 May 2008 08:09 GMT
    ... NEW YORK — Shoppers have been lugging ever-larger products ... are feeling so pinched by the sagging economy that they are embracing a new behavior: buying ...

  • Squeezed shoppers downsizing 16 May 2008 08:07 GMT
    ... reports that consumers are buying smaller sizes. NEW YORK - Shoppers have been lugging ever-larger products ... are feeling so pinched by the sagging economy that they are embracing a new behavior: buying ...

  • Art gets $41.9M expansion at U-M 16 May 2008 08:03 GMT
    ... H. Hodges / The Detroit News The economy may be reeling and Detroit's principal industry in ... has already won an award from the New York branch of the American Institute of Architects. ...

  • TTC hybrid bus batteries losing their power 16 May 2008 07:59 GMT
    ... the 1990s. Mr. Webster said yesterday that New York has had some similar problems with its ... complaints. The TTC blames its hybrid buses' fuel-economy problems on the fact that they are being ...

  • House committee pushing 10th warship 16 May 2008 07:59 GMT
    ... Mississippi and Louisiana - a major manufacturing employment driver in the region. The House Armed ... fifth in the series - the USS New York - was christened at Northrop Grumman's New ...

  • Stocks surge on tech gain 16 May 2008 07:58 GMT
    ... NEW YORK (CNNMoney.com) -- Stocks rallied Thursday, with technology ... have hit a turning point and the economy appears to be stabilizing. "A lack of continued ...

  • Oil prices up; gas down 16 May 2008 07:58 GMT
    ... settle at $124.12 a barrel on the New York Mercantile Exchange after rising as high as ... earlier bought oil as a hedge against inflation. Also, a stronger dollar makes oil more ...

  • Clinton versus McCain 16 May 2008 07:58 GMT
    ... advantage over the liberal, woman Senator from New York. Despite her campaign’s recent efforts to show ... pro-war McCain. When it comes to the economy, the number 1A issue facing America today, McCain ...

  • Thomson Financial Europe AM at a glance share guide: Shares up, oil mixed 16 May 2008 07:57 GMT
    ... rose Thursday after government reports indicated the economy remains under pressure, lowering chances that the Federal ... settle at $880 an ounce on the New York Mercantile Exchange, after earlier rising as high ...

  • Foreign investments sought for Indian infrastructure sector 16 May 2008 07:57 GMT
    ... New York, May 15, 2008 (Asia Pulse Data Source ... USD 500 billion to sustain India's fast-growing economy, was also on the key area list ... that supply shortages do not trigger runaway inflation. "At present, it offers significant opportunities to ...

  • Scope for fgn investment in infrastructure in India: Officials 16 May 2008 07:57 GMT
    ... New York, May 15, 2008 (Asia Pulse Data Source ... is able to sustain its fast growing economy and the government alone cannot find this ... that supply shortages do not trigger runaway inflation. "At present, it offers significant opportunities to ...

  • Industrial Output Fell Sharply in April, Led by Auto Production Cuts 16 May 2008 07:57 GMT
    ... was in line with expectations. The weak economy has resulted in four consecutive months of ... 3, the total number of people receiving unemployment benefits rose by 28,000, to 3.06 million. ... totaled 26, while 27 reported decreasing claims. New York State had the biggest rise in claims, ...

  • Bernanke Says Banks Need More Capital 16 May 2008 07:57 GMT
    ... loans, which has implications for the broader economy.” Mr. Bernanke's remarks reflect concerns he and ... chief economist at Nomura Securities International in New York. Mr. Bernanke is “just reminding us there's ...

  • Big Retailers Trim Costs, and Their Profits Rise 16 May 2008 07:57 GMT
    ... analysts estimated by reducing costs as the economy teetered near a recession. The better-than-expected performance helped ... estimates, sending the shares higher in regular New York trading. Kohl's fell in late New York ...

  • For Wall Street Workers, Ax Falls Quietly 16 May 2008 07:57 GMT
    ... be vanishing overnight. Wendy Carlson for The New York Times JoAnne Kennedy was laid off by ... Wendi S. Lazar, a partner at the employment law firm of Outten & Golden, said ...

  • Labor Report Shows Gains in City's Job Picture While Rest of State Weakens 16 May 2008 07:57 GMT
    ... job market is weakening after several of New York's largest banks recorded huge losses in the ... Department of Labor indicates that the city's economy has remained relatively vibrant even as the ... a small gain in employment, the city's unemployment rate rose last month to 4.7 percent ...

  • Buffett Increases Stakes in Kraft Foods and Wells Fargo 16 May 2008 07:57 GMT
    ... the credit crisis and the slowing American economy. Mr. Buffett also increased holdings in the health ... has declined 14 percent this year in New York trading after posting two consecutive declines in ...

  • Bill Clinton tells crowd to ignore media about his wife's chances 16 May 2008 07:55 GMT
    ... fold up its tent and return to New York. Sen. Hillary Rodham Clinton is widely expected ... A recent Herald-Leader/WKYT Kentucky poll showed the economy is the number one issue among likely voters. ...


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