Uncategorized - September 28, 2007 10:00
Greenspan sees less than 50-50 chance of recession
Greenspan sees less than 50-50 chance of recession
LONDON (Reuters) – The probability of the U.S. economy slipping into recession has increased recently but is still less than 50/50, former Federal Reserve Chairman Alan Greeenspan said in comments broadcast on Friday.
Source: feeds.reuters.com
Home sales fall, job market resilient
WASHINGTON (Reuters) – Sales of new homes plunged in August and prices posted their biggest year-on-year drop in nearly 37 years, the U.S. Commerce Department said on Thursday, underlining the depth of problems facing the housing sector.
Source: feeds.reuters.com
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