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Late payments on equity loans rise

WASHINGTON, July 3 (UPI) -- Delinquency rates on home-equity loans are higher than they have been in more than a decade, the American Bankers Association said.

Fed cut expected to be quarter-point

WASHINGTON, Dec. 10 (UPI) -- The U.S. Federal Reserve's expected interest-rate cut will be smaller than some on Wall Street want, Chicago futures market traders said.

Oil remains wild card for consumer confidence

WASHINGTON, March 29 (UPI) -- Well over three years since the terrorist attacks on U.S. soil and two years after the United States invaded Iraq, it appears that neither foreign policy nor te
SHIHOKO GOTO, UPI Senior Business Correspondent

NY regional manufacturing still strong

NEW YORK, March 15 (UPI) -- The New York Federal Reserve Bank reported Tuesday manufacturing in the New York area rose slightly in March.

Weak dollar not improving U.S. trade

WASHINGTON, March 11 (UPI) -- There may be some signs that a weaker dollar is helping the U.S. economy, as the country's trade deficit with the rest of the world fell from its highs late las
SHIHOKO GOTO, UPI Senior Business Correspondent

Job market remains patchy

WASHINGTON, March 4 (UPI) -- After months of lackluster growth, it appears that the U.S. job market is finally improving, at least at first blush. But it's still too early to declare that t
SHIHOKO GOTO, UPI Senior Business Correspondent

U.S. job market still steady but lackluster

WASHINGTON, Jan. 7 (UPI) -- As Washington prepares for President Bush's inauguration for a second term, there is less urgency for the administration to tout its achievements on the economi
SHIHOKO GOTO, UPI Senior Business Correspondent

How weak is a too weak dollar?

WASHINGTON, Dec. 30 (UPI) -- The dollar's value is falling, and dropping fast, much to the angst of the Europeans and Japanese. But for many Americans, the greenback's decline has actually
SHIHOKO GOTO, UPI Senior Business Correspondent

U.S. GDP holds up, but worries linger

WASHINGTON, Oct. 29 (UPI) -- Economic growth in the third quarter wasn't as robust as it earlier in the year, but that hasn't stopped the Bush administration from arguing that the U.S. econ
SHIHOKO GOTO, UPI Senior Business Correspondent

Jobs data further political divide

WASHINGTON, Oct. 8 (UPI) -- With only three weeks to go until the presidential elections, both Democrats and Republicans are turbo-charging their efforts to promote their own candidate on
SHIHOKO GOTO, UPI Senior Business Correspondent

More jobs to be had, but still not enough

WASHINGTON, Sept. 3 (UPI) -- The Bush administration should be delighted that the job market picked up in August, as voters continue to fret about jobs ahead of the Nov. 2 presidential elec
SHIHOKO GOTO, UPI Senior Business Correspondent

More economic worries for Bush looming

WASHINGTON, Aug. 27 (UPI) -- As election day draws ever closer, the pressure is on the Bush administration to prove that the U.S. economy has indeed improved under its watch over the past t
SHIHOKO GOTO, UPI Senior Business Correspondent

Fed raises rates as investors expect more

WASHINGTON, Aug. 10 (UPI) -- The Federal Reserve's decision Tuesday to raise rates yet again came as no surprise to Wall Street investors, but the question now is whether the Fed will conti
SHIHOKO GOTO, UPI Senior Business Correspondent

U.S. job growth not as robust as expected

WASHINGTON, July 2 (UPI) -- Not as many jobs were created in the United States during the month of June as economists had expected, which could prove to be a political blow for the Bush ad
SHIHOKO GOTO, UPI Senior Business Correspondent

Fed raises rates and more hikes expected

WASHINGTON, June 30 (UPI) -- The Federal Reserve's decision to raise interest rates Wednesday came as no surprise, but the question now is how much and how often the Fed will continue to ja
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