in the headlines

Doug Henwood dhenwood at panix.com
Wed Jan 29 17:21:13 PST 2003


[from the infoshop news list - gotta say this is an impressive litany of bad news]

Subject: The continuing slow-motion collapse Date: Wed, 29 Jan 2003 07:50:19 -0500 From: "Tom Wheeler" <twbounds at pop.mail.rcn.net>

Economic headlines

Consumer Confidence in U.S. Declines to a Nine-Year Low Amid Job Concerns - Bloomberg (1/28/2003 3:26 PM)

Goldman's Paulson Sees Dim Outlook for 2003 Recovery, May Cut More Jobs - Bloomberg (1/28/2003 3:26 PM)

U.S. pension agency loses $8 billion - MSNBC (1/28/2003 8:47 AM)

U.S. State Deficits Top $100 Bln, Legislators Say - Bloomberg (1/28/2003 6:34 AM)

As retailers close, available space grows - Dallas MN (1/29/2003 5:53 AM)

U.S. Deficit Could Top $300 Billion - NY Times (1/29/2003 6:16 AM)

World jobless hits record high - BBC (1/28/2003 8:47 AM)

Trade deficit sets record - USAToday (1/29/2003 6:22 AM)

Funding woes threaten passenger train service in Missouri - KC Star (1/28/2003 8:27 AM)

Nevada jobless rate rises - Las Vegas RJ (1/28/2003 8:28 AM)

Student debt load triples over decade - Houston Chronicle (1/28/2003 10:14 AM)

Shares plunge on war jitters - BBC (1/29/2003 6:05 AM)

First equity outflow in 14 years - Detroit FP (1/28/2003 8:17 AM)

Davos economists predict falling dollar - FT ($) (1/27/2003 8:23 PM)

End of the cult of equities - Coggan, FT ($) (1/27/2003 8:19 PM)

Soros warns against weak US$ - BusinessTimes (1/28/2003 7:00 AM)

Tension over pensions - CBSMW (1/28/2003 6:54 AM)

VENTURE CAPITAL: Investment pace slowest since 1st quarter of 1998. - Chi. Trib (1/28/2003 6:21 AM)

Office vacancies skyrocket - Rocky MN (1/29/2003 5:56 AM)

Venture Capital Investment Rolls Back - AP (1/28/2003 6:40 AM)

Top bankers wary of quarterly reports - FT (1/27/2003 8:18 PM)

Credit-rating agencies under SEC microscope - Houston Chronicle (1/28/2003 10:18 AM)

Home heating oil prices rise as ice slows delivery - USAT (1/28/2003 7:06 AM)

Too many bottles, not enough buyers - ST (1/28/2003 8:37 AM)

SBC offers gloomy forecast - Dallas MN (1/29/2003 5:55 AM)

Domestic unknown haunts UPS - FT (1/28/2003 10:14 PM)

SEC Watching Some Credit - Rating Agencies - AP (1/28/2003 6:43 AM)

Retailers Plod Through Dismal January - Reuters (1/27/2003 8:02 PM)

Rough chapter for the book business - CNBC (1/28/2003 6:56 AM)

I2 facing informal SEC inquiry - Dallas MN (1/28/2003 6:27 AM)

Mirro expects to shut ground breaking plant - Milwaukee JS (1/28/2003 8:18 AM)

Bank of America and J.P. Morgan Retreat From Businesses in South America - Bloomberg (1/29/2003 6:09 AM)

Japan's Industrial Production Unexpectedly Falls; Companies Move Overseas - Bloomberg (1/29/2003 6:10 AM)

Japanese Bond Yield Falls to Within 1 Basis Point of Record Low - Bloomberg (1/28/2003 6:45 AM)

Japan's Retail Sales Fall a Greater-Than-Expected 3.9 Percent in December - Bloomberg (1/27/2003 8:01 PM)

Germany's Clement Cuts Economic Growth Forecast for This Year to 1 Percent - Bloomberg (1/29/2003 6:07 AM)



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