Financial Outlook

Our view on jolting the economy: Don’t like the stimulus?

President Obama urged Congress Monday to limit cost-of-living pay raises to 2% for 1.3 million federal employees in 2010, extending an income squeeze that has hit private workers and threatens Social Security recipients and even 401 investors.

The opposition party pledged a shift, but many economists say Japan’s stagnant economy may need more American-style deregulation and market-led growth, not less.

September 1, 2009

NEW YORK — The dollar was mixed Monday against major currencies after a plunge in China ’s main index prompted a decline in world markets and fueled concerns about the economy. The 16-nation euro advanced to $1.4329 from $1.4287 it bought late Friday, while the British pound slipped to $1.6266 from $1.6269.

Cost-conscious home chefs have a growing genre of cookbooks to help keep grocery budgets in check. The concept is not new, but the new formats and titles are appealing.

The economy is over the worst and Labour did it, says Gordon Brown Brown and Darling to claim “the worst is over” The Prime Minister is expected to claim that the economy is through the worst — and that it was Labour that did it Gordon Brown is hoping to seize back the political agenda with a new focus on the economy.

The dollar was mixed Monday against major currencies after a plunge in China’s main index prompted a decline in world markets and fueled concerns about the economy.

Aug. 31 — Canada’s economy shrank faster than expected in the second quarter and the country’s first recession since 1991 is proving deeper than thought, even as growth in June indicates the contraction is nearing an end.

Jason Perlow and Ken Hess talk to Frank Cabri of Centrify, Inc. at VMWorld 2009 about the recently released results of a virtualization platform study conducted by the company