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Apparently deterred by rising unemployment in the U.S., the number of Mexican immigrants who crossed the border dropped sharply in the past year to the lowest level in a decade, even while undocumented workers already here are opting to stay.
Deterred by immigration laws and the lackluster economy, the population growth of Hispanics and Asians in the U.S. has slowed unexpectedly, causing the government to push back estimates on when minorities will become the majority by as much as a decade.
The tourists chatting in multiple languages in the piazzas, bars and shops of Rome belie a more somber mood at the ancient city's hotels.
Job cuts, factory closures, unpaid export shipments — stalling worldwide demand for products made-in-China is driving home a new economic reality for businesses that until recently were struggling to keep up with soaring exports.
Cambodia's economy will grow by a modest 4.8 percent next year due to slowdowns in key sectors and a drop in foreign direct investment caused by the global economic crisis, the International Monetary Fund said Friday.
October was supposed to herald a revolution for Indian automakers.
Chicago's police superintendent is denying a news report that officers in his command are working the streets less aggressively out of fear of being second-guessed by him.
Serious crime is up but arrests are down in Chicago, and some police officers say they are working the streets less aggressively out of resentment toward their new chief and fear of being second-guessed by him.
As the midyear earnings season gets into full swing, closely watched results from the banking industry offer some hope that lenders have seen the worst of the damage from the mortgage meltdown and housing crisis.
Some examples of Europeans' pain from rising energy and food costs:
It took a few months. But the economic woes touched off by soaring oil prices and the subprime mortgage crisis in the United States are finally engulfing Europe.
Unlike gamblers on a hot streak who think the good times will never end, the casinos know better. Yet companies have forged on with plans to spend at least $9 billion on a wave of new casino projects in the country's second-largest gambling destination, even as not-so-subtle signs were surfacing that it might be time to walk away from the table for a while.
The U.S. economy is wheezing so badly that even Internet power Google Inc. and its once-robust stock is looking haggard.
Improved efficiency has helped airlines better prepare for a possible global economic slowdown compared to the last major recession, but expensive fuel continues to hurt bottom lines, an airline industry group said Monday.
Swarms of online shoppers armed with new iPods and iTunes gift cards apparently overwhelmed Apple's iTunes music store over the holiday, prompting error messages and slowdowns of 20 minutes or more for downloads of a single song.
The hip Atria condos have a lot to offer young professionals and empty-nesters — a prime downtown address, skyline views, gym, rooftop deck and units starting at $300,000.
South Florida law firms trimming payThere is no doubt that the recession have affected all the sectors.But atleast the legal profession is less affected than software and other industries. Now the law firms in USA have started cutting salaries of lawyers but i dont thing the trend will continue for long time.
Economics 'masking China rights record' Ahead of the UN Human Rights Council recommendations to China, the BBC's Michael Bristow examines whether the country's growing economic power is forcing world leaders to mute their criticism of human rights violations.
Real-estate glut hits Austin, TexasIt wasn't supposed to be like this. As Austin's economy recovered from the tech bust, developers were drawn to the area's fast population growth, its role as a tech hub, its trendy culture and colleges that drive apartment demand. Home to such companies as Dell Inc.
Monkey waiters (Two different Video Links for this story)-- 2 different Video Links for this story-- Excerpt: Hard pressed to find good helping hands these days? Not bothered that these helping hands may not be human? Then you may want to try hiring the same workers as used by the owners of the Japanese tavern Kayabukiya.
Obama Asks Bush to Back Rescue of Automakers - washingtonpost.comPresident-elect Barack Obama yesterday urged President Bush to support immediate aid for struggling automakers and back a new stimulus package, even as congressional Democrats began drafting legislation to give the Detroit automakers quick access to $25 billion by adding them to …
McDonald's same-store sales rise 8.2 percent"NEW YORK (AP) -- Consumers worldwide who are watching their spending bought more burgers and chicken breakfast biscuits at McDonald's in October, leading to a big rise in sales at established locations for the fast-food leader.
Who shrank the economy? Food prices dent U.S. growthInflation ate deeply into U.S. consumer spending in the third quarter, doing more harm to the economy than either slumping car sales or housing, but recent commodity price falls may support growth going forward.
Microsoft Institutes Hiring FreezeMicrosoft has instituted a hiring freeze, likely spurred by the worsening economic conditions in the US, according to a source close to the company.
WASHINGTON--High-ranking officials from the People's Republic of China descended on Washington today and offered to buy a controlling share of the United States Treasury, Steve House News Wire can now confirm. The development comes on the heels of a drop in the Dow Jones Industri …
Campus dream jobs in danger"The tendency of companies delaying appointment letters was noticed during the previous round of recruitment as well… But we are seeing more such cases now," said Manas Sanyal, the placement officer at Bengal Engineering and Science University.
Favre officially asks for release from PackersGREEN BAY -- Brett Favre indeed wants to play football again, and he's willing to do it for someone other than the Green Bay Packers -- setting up what figures to be an ugly parting of the ways between the legendary quarterback and the franchise he'd embodied for 16 years.
People's decisions to cut back add up to weaker economyAn article on how American families are cutting back on spending, with talks of a recession.
Apple Riding a 51% Jump in Mac Sales SAN FRANCISCO — Signs of a consumer slowdown abound in the United States, but Apple customers appear not to have noticed.
IMF admits 'weak' US is close to recession The International Monetary Fund (IMF) today added to the growing chorus of concern the US is heading for a full-blown slowdown, stating that the world's largest economy "remains very weak, certainly close to a possible recession."
What is it with high oil prices? The economic sages say that what really matters is the average price the refineries had to pay for the whole month. Fair enough. Back in 1980, the oil market bore a price of $38 a barrel. Then the sages work their magic.
UK Interest rates held at 5.25pc on inflation fearsThe decision, which follows a quarter percentage point cut by the Monetary Policy Committee last month, will come as a blow to homeowners struggling with higher mortgage payments and businesses dependent on consumer spending.
Hopes Rise For A Safer IraqLast year was the deadliest year of the Iraq war, but following a surge of 30,000 extra troops, overall violence is in decline. What happens when the surge ends?
End of property boom to cool Spanish growthSpanish economic growth will contract to 1.5 percent in 2008, less than half the rate expected this year, due to the end of the country's real estate boom and a prolonged slowdown in the construction industry, analysts with German bank Commerzbank have warned.
Workers Threaten HeinekenWorkers at Heineken's plant in St. Petersburg are threatening a rulebook slowdown unless they get a 30 percent raise, a year-end bonus, extra pay for hazardous conditions and other concessions.
US housing slowdown continuesUgly and scary: the best two words to describe the current US housing slowdown. Whilst the article does take a positive outlook in the near future, it fails to explain where new buyers will come from and it is silent on foreclosures.
MercuryNews.com | 08/12/2006 | Slowing economy raises concernsMore potential gloom...
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