http://economy.thedave.net/ News for economy. en-us Wed, 19 Nov 2008 01:12:05 e Wed, 19 Nov 2008 01:12:05 e 30 http://economy.thedave.net/news/2101/Economic_Slowdown_Tests_Dayton_s_Job_Center economy The Job Center in Dayton, Ohio, is busy these days' It's a one-stop center for help with food stamps, Medicaid, resumes, employment searches and classes for new skills' Forty-three agencies are under one roof' Tue, 18 Nov 2008 15:54:00 e http://economy.thedave.net/news/2101/Economic_Slowdown_Tests_Dayton_s_Job_Center http://economy.thedave.net/news/2103/Paulson_Sticks_To_Bailout_Strategy economy Treasury Secretary Henry Paulson once again defends his management of the federal government's $700 billion rescue program for the financial industry' Democrats want some of the money used to help other ailing industries, as well as struggling homeowners' Tue, 18 Nov 2008 15:00:00 e http://economy.thedave.net/news/2103/Paulson_Sticks_To_Bailout_Strategy http://economy.thedave.net/news/2105/Views_Of_The_Auto_Industry_Bailout_Debate economy As CEOs from the Big Three U'S' automakers addressed lawmakers on Capitol Hill Tuesday, people from around the country shared their opinion of the U'S' auto industry and whether the government should bail it out' Tue, 18 Nov 2008 15:00:00 e http://economy.thedave.net/news/2105/Views_Of_The_Auto_Industry_Bailout_Debate http://economy.thedave.net/news/2104/Auto_Bosses_Seek_Help_On_Capitol_Hill economy Detroit auto executives make their pitch for emergency financial aid at a Senate hearing' GM, Ford and Chrysler say they need about $25 billion in loans' For the moment, they may not have the votes to make that happen' Tue, 18 Nov 2008 15:00:00 e http://economy.thedave.net/news/2104/Auto_Bosses_Seek_Help_On_Capitol_Hill http://economy.thedave.net/news/2106/Should_GM_Be_Left_To_Go_Bankrupt_ economy Former airline executive Michael E' Levine wrote a Wall Street Journal op-ed piece arguing that a federal bailout would be bad for General Motors' Reorganization in federal bankruptcy court is a better solution, Levine says' Tue, 18 Nov 2008 15:00:00 e http://economy.thedave.net/news/2106/Should_GM_Be_Left_To_Go_Bankrupt_ http://economy.thedave.net/news/2102/_Outliers__Puts_Self_Made_Success_To_The_Test economy Why do Asian kids outperform American kids in math? How did Bill Gates become a billionaire computer entrepreneur? Malcolm Gladwell takes on these questions and more in his book Outliers' He argues that the 'self-made man' is a myth' Tue, 18 Nov 2008 15:00:00 e http://economy.thedave.net/news/2102/_Outliers__Puts_Self_Made_Success_To_The_Test http://economy.thedave.net/news/2107/Study_Suggests_Buying_Toxic_Assets_Could_Work economy Purchasing toxic assets from banks is still the fairest way to save the American economy, say two University of Maryland economics professors' To prove it, they had a group of graduate students take part in what's known as a reverse auction' Tue, 18 Nov 2008 14:09:00 e http://economy.thedave.net/news/2107/Study_Suggests_Buying_Toxic_Assets_Could_Work http://economy.thedave.net/news/2108/When_Money_Was_A_Dirty_Word economy Fifty years ago, unless the family was playing Monopoly, parents didn't talk about finances with their children' Parents didn't even talk about money with each other' Now it's all people talk about' What happened? Tue, 18 Nov 2008 14:02:00 e http://economy.thedave.net/news/2108/When_Money_Was_A_Dirty_Word http://economy.thedave.net/news/2109/Sec__Paulson_Defends_Bailout economy Treasury Secretary Henry Pauson is defending the $700 billion bailout on Capital Hill Tuesday' Meanwhile, the question of whether automakers will get more government money, hangs heavy in the air' Tue, 18 Nov 2008 12:00:00 e http://economy.thedave.net/news/2109/Sec__Paulson_Defends_Bailout http://economy.thedave.net/news/2110/What_s_Likely_To_Appear_Under_Christmas_Trees economy Electronics were supposed to be a bright spot in a dismal holiday shopping season, but Best Buy and Circuit City are in terrible shape' Are any sectors looking good? Tue, 18 Nov 2008 12:00:00 e http://economy.thedave.net/news/2110/What_s_Likely_To_Appear_Under_Christmas_Trees http://economy.thedave.net/news/2111/Big_Three_Automakers_Take_Their_Case_To_Capitol_Hill economy The Big Three U'S' automakers — General Motors, Ford and Chrysler — will appear today before lawmakers on Capitol Hill to ask for federal funds to curb to decline of the auto industry' Warren Brown, of the Washington Post; John Schmitt, of the Center for Economic and Policy Research in Washington and Mary Chapman, of African Americans on Wheels magazine discuss the automotive crisis and how consumers should be prepared to respond' Tue, 18 Nov 2008 11:00:00 e http://economy.thedave.net/news/2111/Big_Three_Automakers_Take_Their_Case_To_Capitol_Hill http://economy.thedave.net/news/2112/Demand_From_Emerging_Markets_Helps_Automakers economy There's a huge demand for cars in developing countries' The Economist magazine describes Brazil, Russia, India and China as 'the car industry's big hope'' Matthew Symonds, the lead author of the report, tells Steve Inskeep that such countries represent growth opportunities for Detroit's Big Three automakers' Tue, 18 Nov 2008 08:36:00 e http://economy.thedave.net/news/2112/Demand_From_Emerging_Markets_Helps_Automakers http://economy.thedave.net/news/2113/Foreclosure_Sales__Light_At_The_End_Of_The_Tunnel_ economy Housing areas that saw a lot of foreclosures are starting to see more sales' In Sacramento and Riverside counties in California, sales have been up for the past six months' The same is true in Prince William County in Virginia' Some people wonder whether these pockets of recovery signal a bottom to the housing downturn' Tue, 18 Nov 2008 08:28:00 e http://economy.thedave.net/news/2113/Foreclosure_Sales__Light_At_The_End_Of_The_Tunnel_ http://economy.thedave.net/news/2114/GM_s_Opel_Wants_German_Loan_Guarantees economy Executives from General Motor's European unit, Opel, met Monday with German Chancellor Angela Merkel' They want more than $1 billion in loan guarantees from the German government' Opel is seeking the guarantees because the company expects difficult credit conditions on the open market due to the world financial crisis' Tue, 18 Nov 2008 08:13:00 e http://economy.thedave.net/news/2114/GM_s_Opel_Wants_German_Loan_Guarantees http://economy.thedave.net/news/2115/Business_Conference_Hears_From_Treasury_Experts economy Treasury Secretary Henry Paulson shared a stage Monday night in Washington, D'C', with two of his predecessors' The former secretaries — Robert Rubin and Larry Summers — both served under President Clinton' They all spoke at a business conference hosted by The Wall Street Journal' Tue, 18 Nov 2008 08:09:00 e http://economy.thedave.net/news/2115/Business_Conference_Hears_From_Treasury_Experts http://economy.thedave.net/news/1482/Financial_Trader_Shoots_Himself_in_Stock_Exchange economy A 36 year old trader attempted suicide by shooting himself while working in Sao Paulo's commodities and futures exchange' ''' Tue, 18 Nov 2008 06:39:37 e http://economy.thedave.net/news/1482/Financial_Trader_Shoots_Himself_in_Stock_Exchange