'Economic Recovery Months Away'

Previous Entry | Next Entry
By
Muhammed El-Hasan
on July 20, 2008 9:57 AM | | Comments (0) |

If not years away.


Economy needs months to recover: Paulson

(REUTERS) The U.S. economy will need months to recover from a growth slowdown caused by a home mortgage crisis, turmoil in financial markets and high energy prices, Treasure Secretary Henry Paulson said on Sunday.

Paulson also told CBS television's "Face the Nation" he was optimistic Congress would approve the Bush administration's request for authority to lend money to the troubled mortgage giants Fannie Mae and Freddie Mac.

Read the full story.

Leave a comment


Type the characters you see in the picture above.

About this Entry

This page contains a single entry by Muhammed El-Hasan published on July 20, 2008 9:57 AM.

Local Exec Quits to Spend Time With Family was the previous entry in this blog.

They Make the Sets for Kenny Chesney is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.25

Search

About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

Subscribe to RSS feed

Links

Advertisement