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FX Street
Dec 2
Comment
Highlights The world’s leading economic indicators have gained even more momentum. Their expansion signal is now stronger than at any point in the previous economic cycle, and we are upgrading our forecast accordingly. We now expect above-trend...
StreetInsider.com
Dec 1
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Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/%27Cash+for+Clunkers%27+3-Months+Later%3A+A+Boon+or+a+Bust%3F/5149768.html for the full story.
Wall Street Journal
Dec 1
Comment
Was Cash-for-Clunkers as success? Auto sales today should shed some light on the issue.
TheStreet.com
Nov 25
Comment
Consumer spending inches up in October, after falling in the prior month.
TheStreet.com
Nov 24
Comment
The Commerce Department is expected to revise third-quarter GDP growth to 2.9% from 3.5%.
AlphaNinja
Nov 17
Comment
First off, I love that Cray still refers to themselves as the "
Global supercomputer leader." Forget a clinical, technical name like "high-performance computing experts," or "memory-intensive research device" etc. Just go with SUPERCOMPUTER....
MarketWatch
Nov 16
Comment
U.S. businesses reduced their inventories for the 13th consecutive month in September, but business sales also declined, stalling the progress companies had made toward normalizing their stockpiles. Inventories fell 0.4% in September, while sales...
The Mess That Greenspan Made
Nov 16
Comment
The Census Bureau reported a big increase in retail sales during the month of October paced by a 7.4 percent gain in automobile sales, a bounce-back from the September plunge in car sales after the Cash for Clunkers program ended.
Overall retail...
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Cash for Clunkers (also known as Car Allowance Rebate System) was a $3 billion U.S. federal scrappage intended to replace older vehicles with new ones that use less fuel, are safer and pollute less. The program officially started on July 1 2009 and ended on August 24 2009 due to lack of resources. The goal of the program was to give the struggling auto industry a sales boost. [1] On 26 Aug 2009, The program managed to replace 700,000 cars with far more fuel efficient vehicles. The rebate applications were worth $2.877 billion. [2]
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