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Fed: Action likely justified 'fairly soon'

WASHINGTON, Aug. 23 (UPI) -- Something will probably need to be done soon to boost the U.S. economy if growth doesn't pick up considerably and stay considerable, the Federal Reserve said.
Treasury considers bank purchasing plan

Treasury considers bank purchasing plan

WASHINGTON, Oct. 9 (UPI) -- The U.S. Treasury Department said it is considering a plan of buying bank shares to restore confidence in lending.

Leading economists say recession is here

WASHINGTON, April 29 (UPI) -- The U.S. economy has reached the point of being in recession, leading economists indicated Tuesday.

High oil prices possible economic problem

NEW YORK, Oct. 15 (UPI) -- Crude oil prices, if they remain above $50 a barrel, could begin to take a toll on the nation's economy, a Wall Street Journal survey shows.

Tax bill's job creativity diminishes

WASHINGTON, Oct. 13 (UPI) -- The possibility a tax break expected to be signed soon by President Bush will lead to lots of new jobs for U.S. workers appears to be vastly overstated.

Economists: U.S. economy is booming

WASHINGTON, March 29 (UPI) -- Fifty-six economists surveyed about their views on the U.S. economy predict job creation will rise this year, USA Today reported Monday.

Greenspan's approval of debt sparks debate

WASHINGTON, March 16 (UPI) -- The top U.S. central banker is embroiled in a debate with other economists about rising personal debt, the New York Times reported Tuesday.

Jobless recovery may remain jobless

WASHINGTON, Oct. 1 (UPI) -- The U.S. jobless recovery may remain just that because of a shifting labor market of jobs going overseas and having "just enough" employees.

Economists feeling more confident

NEW YORK, Aug. 8 (UPI) -- Economists are beginning to feel more confident about the future of the economy despite a lot of false starts.
Photos
Allen Sinai
David Kreutzer, senior policy analyst in energy economics and climate change in the Heritage Foundation's Center for Data Analysis, listens as Allen Sinai, chief global economist, strategist and president of Decision Economics, Inc., testifies before the House Budget Committee hearing on the economy on Capitol Hill in Washington on September 9, 2008. (UPI Photo/Roger L. Wollenberg)
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