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"Economics" News
US Economy: Trade Deficit Widens to a Record (Update4) - Bloomberg - in www.bloomberg.com - 
US Economy : Trade Deficit Widens to a Record (Update4) Bloomberg - ... US companies imported more computers, consumer goods and oil even as they shipped a record ... showed that consumer spending is holding up even as the economy slows ...
Bubbles don't pop, they just shift air around - in bloglines - 
I was looking at a pint glass of Diet 7UP a few weeks ago, staring at the formation of bubbles near the bottom and watched them as they rose.
Second-quarter GDP, profits growth soften (Reuters) - in yahoo news - 
Reuters - The pace of U.S. economic growth softened more sharply than expected in the second quarter and corporate profits rose feebly, according to a Commerce Department report on Thursday that pointed to a significant easing in expansion.
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