Leading indicators show recession bottoming out
Date: Monday, September 21, 2009
Leading indicators show recession bottoming out
The U.S. recession is bottoming out and a recovery is near, economists
for the Conference Board say.
QUICK WAYS TO REBUILD YOUR RETIREMENT PORTFOLIO
Jo and Al Lineberry were expecting a smooth and stress-free retirement
when life intervened. Two years ago, the Lineberrys were corporate
executives in Minneapolis with successful and lucrative careers. Then
Al was laid off, and Jo lost her job nine months later.
FINANCIAL STOCKS REMAIN WEAK ON DATA
Shares of U.S. financial stocks fall as investors digested data showing that
economic recovery is real, but slow.
RETAIL STOCKS DROP ON CONCERNS RALLY MAY NOT LAST
Retail stocks opened lower with broader markets against concerns that
the market's six-month run up may not be sustainable. Costco Wholesale
Corp. shares bucked the trend and were up slightly after its stock was
upgraded to outperform by William Blair & Co.
DOLLAR RISES AHEAD OF FED MEETING, G20
The U.S. dollar gained ground Monday as investors shied away from
risk-oriented trades ahead of this week's meeting of U.S. Federal
Reserve policy makers and a summit of the leaders of the Group of 20
global economic powers.
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