Dollar dips as Greece announces new spending cuts

Source WashingtonPost by ERIN CONROY on Thursday, March 11, 2010

Economy - NEW YORK -- The dollar eased against the euro and the pound Thursday as Greece announced additional salary cuts and tax hikes to deal with its ballooning deficit, while China reported a jump in inflation.

Fed emergency loans decline in past week

Source WashingtonPost by MARTIN CRUTSINGER on Thursday, March 11, 2010

Economy - WASHINGTON -- Banks borrowed less from the Federal Reserve's emergency lending program over the past week, providing further evidence that the strains caused by the financial crisis are easing.

Obama details plans to boost exports, create jobs

Source WashingtonPost by DARLENE SUPERVILLE on Thursday, March 11, 2010

Economy - WASHINGTON -- President Barack Obama sought Thursday to put some detail behind his lofty drive to double U.S. exports over the next five years, calling the effort imperative to putting people back to work. But doubts remain about how many net jobs his trade agenda will create - and how he will get...

Stocks trade flat on concern about China inflation

Source WashingtonPost by STEPHEN BERNARD and TIM PARADIS on Thursday, March 11, 2010

Economy - NEW YORK -- Stocks traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also held the market back.

Jobless claims fall, trade gap narrows on oil

Source WashingtonPost by Lucia Mutikani and Doug Palmer on Thursday, March 11, 2010

Economy - WASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating that rapid job growth would probably continue to elude theeconomyfor a while.

Obama outlines strategy to boost exports

Source WashingtonPost by Doug Palmer on Thursday, March 11, 2010

Economy - WASHINGTON (Reuters) - President Barack Obama, anxious to spur growth and tackle high unemployment, on Thursday laid out a plan for tougher enforcement of trade laws, government advocacy and credit assistance to double U.S. exports in five years.

World stocks subdued after Chinese inflation jump

Source WashingtonPost by PAN PYLAS on Thursday, March 11, 2010

Economy - LONDON -- European and U.S. stock markets fell modly Thursday amid growing concerns of an overheating Chineseeconomyand as invors awaited further insight into the state of the U.S. economic recovery.

How free markets sank the U.S. economy

Source WashingtonPost by Ellen Freilich on Thursday, March 11, 2010

Economy - NEW YORK (Reuters) - Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steep downturn since the Great Depression.

Trade deficit shrinks as auto and oil imports drop

Source WashingtonPost by MARTIN CRUTSINGER on Thursday, March 11, 2010

Economy - WASHINGTON -- The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.

Ahead of the Bell: Trade deficit expected to widen

Source WashingtonPost by AP on Thursday, March 11, 2010

Economy - WASHINGTON -- The U.S. trade deficit likely widened slightly in January reflecting a higher foreign oil bill and a drop in aircraft exports.

Senate passes $149 billion for jobless aid

Source WashingtonPost by Andy Sullivan on Wednesday, March 10, 2010

Economy - WASHINGTON (Reuters) - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.

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