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recovery

US jobless rate rises to 9.2% in June

Sun, 07/10/2011 - 15:17 by Jamie Anderson

Hiring in the United States slowed down considerably last month raising apprehensions that the lukewarm recovery witnessed so far has stalled out.

Japan trudges towards recovery as industrial output rises

Tue, 05/31/2011 - 15:20 by Jamie Anderson

The Japanese economy, which was in a shambles after an unprecedented quake-tsunami in March and subsequent nuclear crisis hit it, is slowly but surely limping back to recovery.

Proper wound cleaning may speed-up recovery--study

Thu, 02/24/2011 - 17:36 by Jaspreet Virk

The next time your kids graze their knees and bruise elbows, ensure to clean their wounds before applying an antibiotic cream, as a new study states that timely and proper cleaning might lead to quick recovery.

Challenging the Bulls: Is the Housing Market Still a Threat to the Stock Market?

Fri, 12/31/2010 - 15:15 by Eben Esterhuizen

Coming off the rally stocks have seen in the latter half of 2010, hopes are high for 2011. But several dark clouds remain on the economic horizon, with the lingering housing crisis looming largest. Unlike most other industries, the sector has yet to stage anything resembling a recovery. And the light at the end of tunnel may be further off than anyone would care to admit.

6 Stocks a Transportation CEO Is Watching

Thu, 12/16/2010 - 12:31 by Roger Friedman

As the head of a shipping logistics company, Doug Waggoner has a front-row seat to the country's commerce. The chairman and CEO of Echo Global Logistics (Nasdaq:ECHO) sees who's shipping what to where and is able to use that as a barometer of the economy. And while he admits he's neglected his personal investing over the past year -- he has a good excuse: he's been busy taking his company public -- he maintains a watchlist of the businesses that seem poised to capitalize on the economic mood. (By the way, you can now create your own version at MyWatchlist.com, your free customized hub to follow the performance and Fool coverage of the companies you care about.)

Commercial rocket in successful launch

Thu, 12/09/2010 - 08:23 by Prince damin

Cape Canaveral, Fla. -- Commercial U.S. spacecraft company SpaceX had a successful demonstration launch and recovery of its Falcon 9 rocket and Delta capsule Wednesday, NASA said.

The liftoff was at 10:43 EST from Launch Complex 40 at Cape Canaveral Air Force Station, and after a short orbital mission the capsule was recovered after a splashdown in the Pacific Ocean, NASA said.

The successful launch, safe reentry and recovery is the first demonstration flight for NASA's Commercial Orbital Transportation Services program, which will provide cargo flights to the International Space Station, the space agency said.

NASA Administrator Charles Bolden, a former astronaut, issued congratulations to SpaceX.

Poll: Home owners losing faith in recovery

Thu, 12/09/2010 - 07:34 by Prince damin

San Francisco -- A majority of consumers now believe the U.S. housing market will not see a sustained recovery until at least 2013, a national survey said.

In a poll conducted Nov. 2-4 by Harris Interactive on behalf of realty firms Trulia.com and RealtyTrac, 24 percent of respondents indicated the housing market would recover in 2013, while 12 percent indicated it would take until 2014 for the market to improve. An additional 22 percent indicated it would take until 2015 or beyond for the housing market to get back on its feet.

Report shows recovery split in Europe

Thu, 12/02/2010 - 06:42 by Prince damin

London -- The Markit indexes of manufacturing activity in Europe showed France and Germany pulling away from the rest of the pack in the 16-nation eurozone.

The headline Purchasing Managers Index for the eurozone rose to 55.3 in November, up from 54.6 in October.

Numbers above 50 indicate growth, while below 50 indicates contraction.
Overall, the eurozone's PMI reached a four-month high showing growth for 14 consecutive months.

With gains in new orders and output, the PMI reached a three month high in Germany and a 10-year high in France.

The PMI also rose in the Netherlands and Ireland, but fell in Italy, Austria and Spain, where the PMI dropped to a break-even 50, Markit reported Wednesday.

Gray wolf no longer endangered?

Wed, 12/01/2010 - 09:28 by Prince damin

Denver -- U.S. and state officials are trying to determine what a healthy number of gray wolves is for the species in the northern Rockies.

Interior Secretary Ken Salazar discussed the issue Monday at a meeting in Denver with the governors of Idaho, Montana and Wyoming, The Denver Post reported. The meeting was closed to the public and news media, but those who attended said there was general agreement the gray wolf can be taken off the endangered species list, returning control of populations to the states.

"The successful recovery of the gray wolf is a stunning example of how the Endangered Species Act can work to keep imperiled animals from sliding into extinction," Salazar said in a statement.

Serena Williams to miss Australian Open

Fri, 11/26/2010 - 09:31 by Rakhi

Melbourne -- Australian Open officials announced Thursday that five-time champion Serena Williams had withdrawn from the first major tennis event of 2011.

Williams told tournament director Craig Tiley she had not fully recovered from foot surgery this summer. She has not competed since winning the title at Wimbledon in July.

"Serena is a great champion and we will miss her in January," Tiley said in announcing the withdrawal. "We send her our very best wishes for a speedy recovery."

Williams has reached the finals of the Australian Open five times and has won every one of them. She won the last two Australian titles as well as
in 2003, 2005 and 2007.

Economists peg Michigan comeback as slow

Sat, 11/20/2010 - 23:14 by Prince damin

Lansing, Mich. -- University of Michigan economists said the state is poised for a slow comeback through 2012.

It may, however, be too slow a recovery for some, university economist George Fulton said.

"Many residents," he said, "will feel the recovery has yet to arrive."

An annual report on the state's economy released this week said Michigan would add 24,500 jobs next year and 63,100 in 2012, the Detroit Free Press reported Saturday.

That would keep the state's unemployment rate at 12.4 percent in 2011 and 11.5 percent in 2012 -- a high rate, but better than the current 13.4 percent unemployment rate.

7 Insider Executives Betting on a Housing Recovery

Wed, 10/27/2010 - 12:44 by Eben Esterhuizen

 Wall Street is anything but immune from the woes of Main Street -- so in the wake of the latest foreclosure mess, experts are predicting that the market could take a hit. Even as banks are starting to lift their foreclosure suspensions, it's becoming apparent that the damage may already be done.