Tag archive for ‘Soaring Energy’
Treasury Secretary Paulson - “Markets are Calmer Now”
Washington, D.C. (Associated Press): Treasury Secretary Henry Paulson said Friday that financial markets are “considerably calmer” now than they were two months ago. He predicted the economy will be rebounding by the second half of this year.
In a speech to business executives in Washington, Paulson said the drag from housing, which he characterized as still [...]
Bush faults Democrats on housing crisis, energy and taxes
Washington, D.C. (AP):
President Bush on Wednesday criticized Democrats in Congress for their approach to dealing with the nation’s housing crisis and soaring energy prices and called anew for an extension of expiring tax cuts and government wiretapping authority.
Bush met at the White House with Republican leaders of Congress and then critiqued the Democrats’ strategy for [...]
Economy NOT in recession (not yet) - Grows at .6 percent in first quarter
WASHINGTON (AP) - The bruised economy limped through the first quarter of this year at only 0.6 percent as housing and credit problems forced people and businesses alike to hunker down.
The country’s economic growth during January through March was the same as in the final three months of last year, the Commerce Department reported Wednesday. [...]
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