Price Inflation Soaring - Employment Cuts Soaring hxxp://news.myway.com/index/id/business|reuters.html
verschiedene Auszüge:
Price Inflation
Health Costs
CHICAGO (Reuters) - Health insurance premiums rose five times faster than U.S. workers' salaries this year, according to a survey released on Thursday that also showed slippage in the percentage of American workers covered by employer health plans. ...............
Import prices
U.S. Import Prices Jump 1.7 Percent (over 20% annualized)
Oil
U.S. crude surges $1.84 to end at $44.61 a barrel
Labor Cuts
EDS: 20,000 Job Cuts Over Next 2 Years Oneida to Shut Last Factory, Cut 500 Jobs Delta Aims to Cut Jobs 12%, Drop a Hub and Reduce Pay US Air - Expect Chapter 11, pilots told
Corporate Earnings Warnings
Visteon Warns on Earnings (Auto parts manufacturer) Alcoa Warns Earnings to Miss Forecasts JetBlue Airways sings the blues
US GDP Forecast
Economists Lower Second Half U.S. GDP Forecasts, Survey Finds........The world's largest economy will grow at a 3.7 percent annual rate from July through September, slower than the 3.9 percent estimated last month
Trade Deficit
July trade deficit expected between $51-57 billion
Budget Deficit
2003-2004 - $422 billions on a cash basis over $3 trillions using GAAP
Der Ölschock von 2004 setzt sich fort.....von der OPEC wird erwartet, das sie ihr Preisband aus normalen Bedingungen auf $30 an dem unteren Ende und wahrscheinlich $34 an dem oberen Ende anhebt.
Die letzten Worte gehören Alan Greenspan:
"If it weren’t for the oil prices I would be very optimistic about where the economy is going,"
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