Copyright (c) 2007 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/1203 Economy News en-us Fri, 31 Aug 2007 23:52:47 GMT 5 142 18 http://news.yahoo.com/i/1203 http://us.i1.yimg.com/us.yimg.com/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070831/bs_nm/economy_credit1_dc nm/20070831/economy_credit1_dc Fri, 31 Aug 2007 23:52:47 GMT Reuters - The Federal Reserve on Friday reassured investors it would take any steps needed to shelter the U.S. economy from a global credit squeeze, while President George W. Bush promised to help struggling homeowners refinance their mortgages. http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_ge/fuel_economy ap/20070831/fuel_economy Fri, 31 Aug 2007 22:24:35 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_ge/fuel_economy"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070831/capt.dee21d1f154c4afc888fe2441b8ea4dc.economy_codz301.jpg?x=130&y=76&sig=tw36Pd89dsebZbbAvFuigw--" align="left" height="76" width="130" alt="An unidentified shopper searches the rows of unsold 3-series sedans on the lot of a BMW at a dealership in the south Denver suburb of Littleton, Colo., on Sunday, Aug. 19, 2007. Consumers returned to the malls in July after taking a breather in June, although worries about the future could make the rebound short-lived. The Commerce Department reported Friday, Aug. 31, 2007 that consumer spending rose by 0.4 percent in July, double the June increase. The spending was supported by a solid 0.5 percent rise in incomes, the best showing in this area in four months. (AP Photo/David Zalubowski)" border="0" /></a>AP - New vehicles are expected to set records for average gas mileage in 2007, driven by improved technology and demand for fuel-efficient vehicles, the government reported.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_ge/fuel_economy"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070831/capt.dee21d1f154c4afc888fe2441b8ea4dc.economy_codz301.jpg?x=130&y=76&sig=tw36Pd89dsebZbbAvFuigw--" align="left" height="76" width="130" alt="photo" title="An unidentified shopper searches the rows of unsold 3-series sedans on the lot of a BMW at a dealership in the south Denver suburb of Littleton, Colo., on Sunday, Aug. 19, 2007. Consumers returned to the malls in July after taking a breather in June, although worries about the future could make the rebound short-lived. The Commerce Department reported Friday, Aug. 31, 2007 that consumer spending rose by 0.4 percent in July, double the June increase. The spending was supported by a solid 0.5 percent rise in incomes, the best showing in this area in four months. (AP Photo/David Zalubowski)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_go_ec_fi/economy ap/20070831/economy Fri, 31 Aug 2007 21:50:36 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_go_ec_fi/economy"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070831/capt.d60ac147600a4f048393da60d4d46250.economy_cx107.jpg?x=130&y=84&sig=EW7pNDu.5gFrx6neNomMrA--" align="left" height="84" width="130" alt="A pedestrian looks at kitchen appliance on display at a store along Chicago's Michigan Ave., Friday, Aug. 31, 2007. The Commerce Department reported Friday that consumer spending rose by 0.4 percent in July, double the June increase. The spending was supported by a solid 0.5 percent rise in incomes, the best showing in this area in four months. (AP Photo/M. Spencer Green)" border="0" /></a>AP - Consumers returned to the malls in July after taking a breather in June, although worries about the future could make the rebound short-lived.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_go_ec_fi/economy"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070831/capt.d60ac147600a4f048393da60d4d46250.economy_cx107.jpg?x=130&y=84&sig=EW7pNDu.5gFrx6neNomMrA--" align="left" height="84" width="130" alt="photo" title="A pedestrian looks at kitchen appliance on display at a store along Chicago's Michigan Ave., Friday, Aug. 31, 2007. The Commerce Department reported Friday that consumer spending rose by 0.4 percent in July, double the June increase. The spending was supported by a solid 0.5 percent rise in incomes, the best showing in this area in four months. (AP Photo/M. Spencer Green)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070831/bs_nm/usa_economy_pce_inflation_dc nm/20070831/usa_economy_pce_inflation_dc Fri, 31 Aug 2007 19:03:56 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070831/bs_nm/usa_economy_pce_inflation_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070831/2007_08_31t083813_450x335_us_usa_economy_pce_inflation.jpg?x=130&y=96&sig=.196RaYkHg1r5_FcbhBzEw--" align="left" height="96" width="130" alt="Customers shop for produce at the Food Project's Farmer's Market in the Boston neighborhood of Dorchester, Massachusetts, August 14, 2007. Core U.S. consumer prices rose by a less-than-expected 0.1 percent in July, showing stable prices that held the year-on-year rate of nonfood, nonenergy inflation to 1.9 percent for the second month in a row, the Commerce Department said on Friday. (Brian Snyder/Reuters)" border="0" /></a>Reuters - Inflation was under control in July and U.S. factories were busier than forecast, according to economic data released on Friday, but other reports showed U.S. consumer sentiment worsened in August and the outlook for economic growth weakened.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070831/bs_nm/usa_economy_pce_inflation_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070831/2007_08_31t083813_450x335_us_usa_economy_pce_inflation.jpg?x=130&y=96&sig=.196RaYkHg1r5_FcbhBzEw--" align="left" height="96" width="130" alt="photo" title="Customers shop for produce at the Food Project's Farmer's Market in the Boston neighborhood of Dorchester, Massachusetts, August 14, 2007. Core U.S. consumer prices rose by a less-than-expected 0.1 percent in July, showing stable prices that held the year-on-year rate of nonfood, nonenergy inflation to 1.9 percent for the second month in a row, the Commerce Department said on Friday. (Brian Snyder/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_go_ec_fi/factory_orders ap/20070831/factory_orders Fri, 31 Aug 2007 14:20:02 GMT AP - Orders to U.S. factories jumped more than expected in July, following three months of lackluster gains. http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_go_ec_fi/most_powerful_women ap/20070831/most_powerful_women Fri, 31 Aug 2007 12:13:12 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_go_ec_fi/most_powerful_women"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070831/capt.xjk10708310858.japan_germany_asia_merkel_xjk107.jpg?x=130&y=83&sig=gcd4.FyOWPMsXUu2eMldvQ--" align="left" height="83" width="130" alt="German Chancellor Angela Merkel ,right, listens to Master of Tea Ceremony Genshitsu Sen as she is served by him at a Japanese tea ceremony as part of her side trip to the ancient Japanese capitol in Kyoto, Friday, Aug. 31, 2007. (AP Photo/Junji Kurokawa, Pool)" border="0" /></a>AP - Germany's Chancellor Angela Merkel tops Forbes magazine's list of the world's 100 most powerful women for the second year in a row, while Secretary of State Condoleezza Rice slipped to fourth from second last year.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070831/ap_on_bi_go_ec_fi/most_powerful_women"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070831/capt.xjk10708310858.japan_germany_asia_merkel_xjk107.jpg?x=130&y=83&sig=gcd4.FyOWPMsXUu2eMldvQ--" align="left" height="83" width="130" alt="photo" title="German Chancellor Angela Merkel ,right, listens to Master of Tea Ceremony Genshitsu Sen as she is served by him at a Japanese tea ceremony as part of her side trip to the ancient Japanese capitol in Kyoto, Friday, Aug. 31, 2007. (AP Photo/Junji Kurokawa, Pool)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070831/bs_afp/stocksworld afp/20070831/stocksworld Fri, 31 Aug 2007 12:16:06 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070831/bs_afp/stocksworld"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070831/capt.sge.pse30.310807121356.photo00.photo.default-512x331.jpg?x=130&y=84&sig=Jp6aHMZoLsiK5oU1H2sEnQ--" align="left" height="84" width="130" alt="A trader at the Frankfurt Stock Exchange. Global stocks have rallied after US media said President George W. Bush is set to launch a plan to nurse the ailing American housing sector.(AFP/DDP/File/Martin Oeser)" border="0" /></a>AFP - Global stocks rallied on Friday after US media said President George W. Bush was set to launch a plan to nurse the ailing American housing sector.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070831/bs_afp/stocksworld"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070831/capt.sge.pse30.310807121356.photo00.photo.default-512x331.jpg?x=130&y=84&sig=Jp6aHMZoLsiK5oU1H2sEnQ--" align="left" height="84" width="130" alt="photo" title="A trader at the Frankfurt Stock Exchange. Global stocks have rallied after US media said President George W. Bush is set to launch a plan to nurse the ailing American housing sector.(AFP/DDP/File/Martin Oeser)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070830/bs_nm/usa_economy_dc nm/20070830/usa_economy_dc Thu, 30 Aug 2007 21:45:55 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070830/bs_nm/usa_economy_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070830/2007_08_30t093253_450x309_us_usa_economy.jpg?x=130&y=89&sig=DXRJn_f.Ewo9uaGceokJRA--" align="left" height="89" width="130" alt="Romero Solis pounds in a stake for concrete forms at the building Tesco is refurbishing that will house one of their Fresh and Easy Neighborhood Markets in Mesa, Arizona, August, 15, 2007. (Jeff Topping/Reuters)" border="0" /></a>Reuters - Strong business investment and higher exports drove the U.S. economy ahead at a robust 4 percent annual rate in the second quarter, before the onset of turmoil in credit markets that is expected to brake growth.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070830/bs_nm/usa_economy_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070830/2007_08_30t093253_450x309_us_usa_economy.jpg?x=130&y=89&sig=DXRJn_f.Ewo9uaGceokJRA--" align="left" height="89" width="130" alt="photo" title="Romero Solis pounds in a stake for concrete forms at the building Tesco is refurbishing that will house one of their Fresh and Easy Neighborhood Markets in Mesa, Arizona, August, 15, 2007. (Jeff Topping/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070830/bs_afp/useconomygrowth afp/20070830/useconomygrowth Thu, 30 Aug 2007 19:24:22 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070830/bs_afp/useconomygrowth"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070830/capt.sge.pmk82.300807192207.photo00.photo.default-512x341.jpg?x=130&y=86&sig=TPB4wacnZW9PlLPSQlL22A--" align="left" height="86" width="130" alt="Cranes rise above a construction site in Miami. The US economy grew at a strong pace of 4.0 percent in the second quarter, the government has said in a revised estimate of gross domestic product for the April-June period.(AFP/Getty Images/File/Joe Raedle)" border="0" /></a>AFP - The US economy expanded at a solid 4.0 percent pace in the second quarter, revised data showed Thursday, highlighting strong momentum ahead of the turbulence from housing and credit woes of recent weeks.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070830/bs_afp/useconomygrowth"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070830/capt.sge.pmk82.300807192207.photo00.photo.default-512x341.jpg?x=130&y=86&sig=TPB4wacnZW9PlLPSQlL22A--" align="left" height="86" width="130" alt="photo" title="Cranes rise above a construction site in Miami. The US economy grew at a strong pace of 4.0 percent in the second quarter, the government has said in a revised estimate of gross domestic product for the April-June period.(AFP/Getty Images/File/Joe Raedle)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20070830/ap_on_bi_go_ec_fi/mortgage_rates ap/20070830/mortgage_rates Thu, 30 Aug 2007 19:16:35 GMT AP - Rates on 30-year mortgages fell this week to the lowest level in three months. http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070830/bs_nm/usa_economy_gdp_dc nm/20070830/usa_economy_gdp_dc Thu, 30 Aug 2007 12:58:04 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070830/bs_nm/usa_economy_gdp_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070830/2007_08_30t090738_450x327_us_usa_economy_gdp.jpg?x=130&y=94&sig=T7Pza_Mr1k_0L6eISgmvvg--" align="left" height="94" width="130" alt="Workers at the site of Tesco's Fresh and Easy Neighborhood Market continue construction of the building being refurbished in Mesa, Arizona, August, 15, 2007. (Jeff Topping/Reuters)" border="0" /></a>Reuters - Robust business investment helped push U.S. second-quarter growth ahead at an upwardly revised 4 percent annual rate, the government reported on Thursday, the fastest pace since early last year but one that is unlikely to be sustained.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070830/bs_nm/usa_economy_gdp_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070830/2007_08_30t090738_450x327_us_usa_economy_gdp.jpg?x=130&y=94&sig=T7Pza_Mr1k_0L6eISgmvvg--" align="left" height="94" width="130" alt="photo" title="Workers at the site of Tesco's Fresh and Easy Neighborhood Market continue construction of the building being refurbished in Mesa, Arizona, August, 15, 2007. (Jeff Topping/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070829/bs_afp/useconomybankrate afp/20070829/useconomybankrate Wed, 29 Aug 2007 21:13:33 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070829/bs_afp/useconomybankrate"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070829/capt.sge.pcx36.290807211159.photo00.photo.default-512x336.jpg?x=130&y=85&sig=wdXod06Op9SJMsu5J1YI2A--" align="left" height="85" width="130" alt="Federal Reserve chairman Ben Bernanke, pictured 21 August 2007, said in a letter to a US senator that the central bank would act &quot;as needed&quot; to ease the impact of a credit squeeze on the US economy.(AFP/Getty Images/File/Chip Somodevilla)" border="0" /></a>AFP - Federal Reserve chairman Ben Bernanke said in a letter to a US senator that the central bank would act &quot;as needed&quot; to ease the impact of a credit squeeze on the US economy.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20070829/bs_afp/useconomybankrate"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070829/capt.sge.pcx36.290807211159.photo00.photo.default-512x336.jpg?x=130&y=85&sig=wdXod06Op9SJMsu5J1YI2A--" align="left" height="85" width="130" alt="photo" title="Federal Reserve chairman Ben Bernanke, pictured 21 August 2007, said in a letter to a US senator that the central bank would act &quot;as needed&quot; to ease the impact of a credit squeeze on the US economy.(AFP/Getty Images/File/Chip Somodevilla)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_mortgages_bernanke_dc nm/20070829/economy_mortgages_bernanke_dc Wed, 29 Aug 2007 20:53:20 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_mortgages_bernanke_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_29t164132_450x350_us_economy_mortgages_bernanke.jpg?x=130&y=101&sig=edYU.TNoxaY39jFInqHyLw--" align="left" height="101" width="130" alt="U.S. Federal Reserve Chairman Ben Bernanke speaks at a Senate Banking, Housing and Urban Affairs committee hearing in Washington July 19, 2007. Federal Reserve Chairman Ben Bernanke, in a letter to Democratic Sen. Charles Schumer of New York, said he did not think caps on investment limits for Fannie Mae (Jason Reed/Reuters)" border="0" /></a>Reuters - Regulators need not lift investment caps on Fannie Mae and Freddie Mac in order to rescue troubled subprime borrowers, but new loan products could help some avoid foreclosure, Federal Reserve Chairman Ben Bernanke said in a letter released on Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_mortgages_bernanke_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_29t164132_450x350_us_economy_mortgages_bernanke.jpg?x=130&y=101&sig=edYU.TNoxaY39jFInqHyLw--" align="left" height="101" width="130" alt="photo" title="U.S. Federal Reserve Chairman Ben Bernanke speaks at a Senate Banking, Housing and Urban Affairs committee hearing in Washington July 19, 2007. Federal Reserve Chairman Ben Bernanke, in a letter to Democratic Sen. Charles Schumer of New York, said he did not think caps on investment limits for Fannie Mae (Jason Reed/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/usa_economy_mortgages_dc nm/20070829/usa_economy_mortgages_dc Wed, 29 Aug 2007 16:36:40 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/usa_economy_mortgages_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_29t082213_450x301_us_usa_economy_mortgages.jpg?x=130&y=86&sig=KBZH9LWAMBVs6IpnfX6cYg--" align="left" height="86" width="130" alt="A home in North Carolina in a file image. U.S. mortgage applications fell for a second consecutive week, reflecting a drop in demand for home purchase and refinancing loans even as interest rates sank, an industry group said on Wednesday. (File/Reuters)" border="0" /></a>Reuters - Consumers are shunning adjustable-rate mortgages in droves as rates surged to levels not seen in over six years, data from an industry trade group showed on Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/usa_economy_mortgages_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_29t082213_450x301_us_usa_economy_mortgages.jpg?x=130&y=86&sig=KBZH9LWAMBVs6IpnfX6cYg--" align="left" height="86" width="130" alt="photo" title="A home in North Carolina in a file image. U.S. mortgage applications fell for a second consecutive week, reflecting a drop in demand for home purchase and refinancing loans even as interest rates sank, an industry group said on Wednesday. (File/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/usa_economy_pay_dc nm/20070829/usa_economy_pay_dc Wed, 29 Aug 2007 16:15:09 GMT Reuters - Top executives at major businesses last year made as much money in one day of work on the job as the average worker made over the entire year, according to a report released on Wednesday. http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ft/20070829/bs_ft/fto082920070711020871 ft/20070829/fto082920070711020871 Wed, 29 Aug 2007 11:00:38 GMT FT.com - Industrial metals continued to fall on Wednesday as stockpiles of copper and nickel remained at multi-month highs, while fears over the US economy also weighed on prices. http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_chamber_dc nm/20070829/economy_chamber_dc Wed, 29 Aug 2007 01:28:21 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_chamber_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_28t183225_450x322_us_economy_chamber.jpg?x=130&y=93&sig=6KeRzqNeSIcsI5QGs6VRHA--" align="left" height="93" width="130" alt="A foreclosed house is seen for sale in the Green Valley Ranch neighborhood in Denver, Colorado July 26, 2007. Problems in the U.S. subprime mortgage market are unlikely to push the U.S. economy into a recession over the next 12 months, the top economist for a leading U.S. business group said on Tuesday. (Rick Wilking/Reuters)" border="0" /></a>Reuters - Problems in the U.S. subprime mortgage market are unlikely to push the U.S. economy into a recession over the next 12 months, the top economist for a leading U.S. business group said on Tuesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_chamber_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_28t183225_450x322_us_economy_chamber.jpg?x=130&y=93&sig=6KeRzqNeSIcsI5QGs6VRHA--" align="left" height="93" width="130" alt="photo" title="A foreclosed house is seen for sale in the Green Valley Ranch neighborhood in Denver, Colorado July 26, 2007. Problems in the U.S. subprime mortgage market are unlikely to push the U.S. economy into a recession over the next 12 months, the top economist for a leading U.S. business group said on Tuesday. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070828/bs_nm/usa_economy_confidence_dc nm/20070828/usa_economy_confidence_dc Tue, 28 Aug 2007 14:24:48 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070828/bs_nm/usa_economy_confidence_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070828/2007_08_28t102416_450x313_us_usa_economy_confidence.jpg?x=130&y=90&sig=PDCaGuKm6sMsNi.cJYtR4w--" align="left" height="90" width="130" alt="The Twenty Ninth Street shopping district is seen in Boulder, Colorado, June 13, 2007. Consumer confidence deteriorated in August to its lowest in a year on concerns about a softening labor market and market turmoil stemming from the subprime mortgage crisis, a business research group said on Tuesday. (Rick Wilking/Reuters)" border="0" /></a>Reuters - Consumer confidence deteriorated in August to its lowest in a year on concerns about a softening labor market and market turmoil stemming from the subprime mortgage crisis, a business research group said on Tuesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070828/bs_nm/usa_economy_confidence_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070828/2007_08_28t102416_450x313_us_usa_economy_confidence.jpg?x=130&y=90&sig=PDCaGuKm6sMsNi.cJYtR4w--" align="left" height="90" width="130" alt="photo" title="The Twenty Ninth Street shopping district is seen in Boulder, Colorado, June 13, 2007. Consumer confidence deteriorated in August to its lowest in a year on concerns about a softening labor market and market turmoil stemming from the subprime mortgage crisis, a business research group said on Tuesday. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070827/bs_nm/usa_economy_housing_dc nm/20070827/usa_economy_housing_dc Mon, 27 Aug 2007 16:32:48 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070827/bs_nm/usa_economy_housing_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070827/2007_08_24t094649_450x300_us_usa_economy_housing.jpg?x=130&y=86&sig=ihWkfzRs7uW7H2NgNz5TwQ--" align="left" height="86" width="130" alt="An undated file photo of houses in Denver. The pace of sales of pre-owned homes fell slightly in July but the inventory of unsold properties soared to the highest level in over 15 years as troubles in the subprime mortgage market continued to wreak havoc on the housing sector. (Rick Wilking/File/Reuters)" border="0" /></a>Reuters - The pace of sales of pre-owned homes fell slightly in July but the inventory of unsold properties soared to the highest level in over 15 years as troubles in the subprime mortgage market continued to wreak havoc on the housing sector.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070827/bs_nm/usa_economy_housing_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070827/2007_08_24t094649_450x300_us_usa_economy_housing.jpg?x=130&y=86&sig=ihWkfzRs7uW7H2NgNz5TwQ--" align="left" height="86" width="130" alt="photo" title="An undated file photo of houses in Denver. The pace of sales of pre-owned homes fell slightly in July but the inventory of unsold properties soared to the highest level in over 15 years as troubles in the subprime mortgage market continued to wreak havoc on the housing sector. (Rick Wilking/File/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070827/bs_nm/usa_economy_gallup_dc nm/20070827/usa_economy_gallup_dc Mon, 27 Aug 2007 14:23:47 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070827/bs_nm/usa_economy_gallup_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070827/2007_08_27t125733_450x329_us_usa_economy_gallup.jpg?x=130&y=95&sig=1HmD2LUVyvncoKQ3nHMU2Q--" align="left" height="95" width="130" alt="Houses for sale are pictured in the Green Valley Ranch development in Denver, Colorado, July 26, 2007. Investor confidence in the economy deteriorated in August to its lowest level in a year, as the growing housing turmoil compounded worries over high energy prices, a survey showed on Monday. (Rick Wilking/Reuters)" border="0" /></a>Reuters - Investor confidence in the economy deteriorated in August to its lowest level in a year, as the growing housing turmoil compounded worries over high energy prices, a survey showed on Monday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20070827/bs_nm/usa_economy_gallup_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070827/2007_08_27t125733_450x329_us_usa_economy_gallup.jpg?x=130&y=95&sig=1HmD2LUVyvncoKQ3nHMU2Q--" align="left" height="95" width="130" alt="photo" title="Houses for sale are pictured in the Green Valley Ranch development in Denver, Colorado, July 26, 2007. Investor confidence in the economy deteriorated in August to its lowest level in a year, as the growing housing turmoil compounded worries over high energy prices, a survey showed on Monday. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters)