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Mar 2 2008, 10:45 AM EST
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74 words added
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Change: Offical data shows that increased energy and food costs, has caused a sharp increase in price. This resulted in the highest rate of inflation in 17 years. Data shows that consumer prices rose 4.1%, energy prices rose 17.4%, and food prices rose 4.9% in the year of 2007. The
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(Word count: 4112)
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Mar 2 2008, 9:46 AM EST
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184 words added
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Change: According to the article, the average price of a gallon of gasoline in the United States rose to $3.10 per gallon, which was an increase
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Mar 2 2008, 9:15 AM EST
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77 words added
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Change: In a series of speeches in New York and Atlanta -- one day after Fed Chairman Ben Bernanke fielded sharp questions from members of Congress
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Mar 2 2008, 8:48 AM EST
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88 words added
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Change: People owe more money than their homes are worth. “When homes go into foreclosure, banks face a pileup of bad assets on their books.” Banks
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Mar 2 2008, 8:18 AM EST
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85 words added
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Change: The United States has become a spending nation. Even though this is to be expected because rising wealth increases the average propensity to spend, many
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(Word count: 3684)
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Mar 2 2008, 7:14 AM EST
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69 words added
106 words deleted
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Change: Economists are worried about the disease “stagflation” coming back to haunt the U.S. economy. Prices are still rising and a government report stated that wholesale
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(Word count: 3600)
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Mar 2 2008, 7:13 AM EST
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106 words added
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Change: Economists are worried about the disease “stagflation” coming back to haunt the U.S. economy. Prices are still rising and a government report stated that wholesale
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(Word count: 3635)
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Mar 2 2008, 6:55 AM EST
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75 words added
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Change: While the rest of the world is experiencing inflation, inflation in the Philippines actually dropped. The government expected a 3.9% increase, but inflation only increased
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(Word count: 3528)
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Mar 2 2008, 6:13 AM EST
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174 words added
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Change: Stagflation is an economic conundrum where aggregate supply decreases, or shifts to the left, resulting in both increased prices and reduced real domestic output. In
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(Word count: 3450)
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Mar 2 2008, 5:54 AM EST
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111 words added
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Change: The value of the dollar continues to slip and this time it is because of rumors that interest rates would be cut and also because
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Mar 2 2008, 4:29 AM EST
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62 words added
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Change: "No Fridge Required" Is an article about new technology that is emerging which will take away the need to refrigerate certain medications. I think that
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Mar 2 2008, 3:25 AM EST
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109 words added
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Change: This article highlights the massive consumer purchasing slowdowns in recent months. Apparently, consumer spending has not been so weak since 2001 when the US was
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(Word count: 3084)
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Mar 2 2008, 2:59 AM EST
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83 words added
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Change: This article talks about how because of skill shortage in India, it resulted in a cost push inflation. Because there is a shortage in the
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Mar 1 2008, 8:50 AM EST
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104 words added
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Change: With United States in recession, consumers are being accused of their frugal consumption schedules and negligible savings accounts. In this article, Kelly shows how good
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(Word count: 2891)
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Mar 1 2008, 5:56 AM EST
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117 words added
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Change: President Bush acknowledged Thursday that the economy has slowed down but said the United States is not headed toward a recession. This comes at a
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Mar 1 2008, 3:38 AM EST
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80 words added
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Change: Although this article primarily discusses how the US stock market is falling, it also includes the effects this decline has on consumers. In a confidence
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(Word count: 2667)
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Mar 1 2008, 3:20 AM EST
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101 words added
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Change: Consumer spending is threatening to stall out while consumer confidence, battered by soaring energy costs and falling home prices, has taken a steep nosedive." This
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(Word count: 2586)
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Mar 1 2008, 2:49 AM EST
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68 words added
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Change: By 2010, China hopes to reduce energy consumption per capita by 20% with a slight change to the law. In 2007 China had already shown
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Feb 29 2008, 11:00 PM EST
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133 words added
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Change: This article explores the question as to whether the United States is actually at stagflation or not. The Federal Reserve Chairman, Ben Bernake, argues that
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(Word count: 2414)
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Feb 29 2008, 10:25 PM EST
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101 words added
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Change: This articles says that China should not delay in stepping up efforts to tame inflation because price pressures are spreading and people are increasingly taking
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(Word count: 2278)
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