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Fed survey shows US recession may be over
The recession is ending and the economy is finally growing again. That's the message implicit in the Federal reserve's latest survey of businesses around the country, which found economic activity stabilizing or improving in most regions. Economists warn the...
SF Gate

US economic outlook `optimistic`
The US economic outlook is 'cautiously optimistic', according to the Federal reserve's influential Beige Book.
BBC

Tough times for indie labels
Business News: Major studios rethink their specialty divisions -- In tough economic times, stand-alone divisions can't necessarily be justified.
Variety

Economists eye prospects for jobless recovery
A new economic indicator suggests that the current recession may be moving closer to a so-called jobless recovery. This week, The Conference Board announced that its newest Employment Trends Index reading was 88.1, down 0.1 percent from July. This is 18.5 percent lower than the index reading...
NASDAQ

DPJ sets stage for deep cuts to stimulus
The man widely tipped to become Japan's new finance minister has called for 'substantial cuts' to the country's nearly Y15,000bn economic stimulus package
FT

Fed survey: most of US in economic healing mode
A new government survey finds the vast majority of the country reporting economic activity is stabilizing or improving, as the worst recession since the 1930s appears to be over.
SignOnSanDiego.com

AMD CEO: Economic Signs Encouraging
Speaking at a technology conference in New York, AMD President and CEO Dirk Meyer said he is getting encouraging feedback from customers and is optimistic about the last few months of 2009 and 2010. Meyer also talked about AMD technologies, such as the ?Congo? platform for ultralight notebooks, and the recent announcement of Globalfoundries buying Chartered as positives steps forward for the company as it struggles to get back to profitability. - Advanced Micro Devices has plans for new PC and graphics offerings that will help the chip maker take advantage of what officials say are encouraging signs in the technology industry for later this year and into 2010. Speaking at the Citi Investment Global Technology Conference in New York City Sep...
eWEEK

State, local governments could cut most jobs since '80s
Colorado state workers got an extra day off yesterday - without pay. Their California colleagues have three unpaid days of furlough every month through at least next June. Faced with the worst economic slump in decades, cash-strapped state governments are trying to soften the blow for employees by cutting ...
Christian Science Monitor

Bankruptcy filings up 22% in August vs. last year
Nevada has replaced Tennessee as the state with the most bankruptcies, as filings continue to stack up nationally.From January to August, national bankruptcy filings reached 954,911, up from 703,732 in the same period of 2008, according to Automated Access to Court Electronic Records. In August, filings were up 22% compared with August 2008.It is likely that filings will total 1.45 million this year, says Robert Lawless, professor of law at the University of Illinois. After the bankruptcy law changed in 2005, filings had slowed.'But we're now heading back close to where they were before the law was enacted,' Lawless says. 'It's not surprising, because the 2005 law did nothing to change the underlying economic reality of why people file for bankruptcy.' The 2005 reform aimed to curb bankruptcy abuse and make it harder to erase debts.The housing crisis has caused much of the recent financial distress. It's not surprising that Nevada has seen bankruptcy filings surge, because Clark...
Market Watch

Israel signs accord with West African bloc
Israel has signed a cooperation agreement focusing food security and water resources with a west African economic regional bloc aimed at forging partnership with 15 countries.
iol.co.za

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