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added: 14-08-2007

US stocks closed little changed on Monday as concerns about subprime mortgage exposure haunted financial shares even as central banks pumped fresh cash into the global financial system.

U.K. Leading Economic Indicators For June 2007

added: 14-08-2007

The Conference Board announced that both the leading and coincident indexes for the U.K increased 0.2 percent in June.

Email Security Statistics Show Rising Threat from PDF and ZIP Spam

added: 14-08-2007

Data collected by SonicWALL, Inc. from its Smart Network database of over 1.3 million e-mail users shows ongoing growth in the volume of spam, virus and phishing attacks, increased use of PDF spam and the emergence of a new wave of Excel and ZIP spam. The results were based on aggregated results from the SonicWALL Smart Network from April to July, 2007.

Consumer Spending Weak due to Housing Market

added: 14-08-2007

"The housing market is beginning to have a substantial impact on consumer spending," says Carl Steidtmann, chief economist with Deloitte Services LP's Deloitte Research and author of the monthly index. "Large amounts of housing inventory continue to exert downward pressure on home prices, creating a negative 'wealth effect' among consumers.

U. S. Home Values Are Going Down In Q2

added: 14-08-2007

Home buyers who "moved up" in the recent past may find their new investment has "moved down" over the past year, while neighbors in cozy cottages have held on to their value better in the face of a nationwide decline. Similarly, condo owners experienced a sharp decline in home values in Q2.

3G Drives China's Communication Power Supply Market

added: 14-08-2007

Communication power supply is a key infrastructure for communication networks. Buyers are not limited to carriers. This is still a huge market of telecom equipment makers. CCID Consulting's report shows that 208,000 sets of communication power supplies were sold in China in the first half of 2007, generating sales revenues of 2.28 billion Yuan.

UK House Price Index in June 2007

added: 13-08-2007

The mix-adjusted average house price in the UK in June 2007 stood at £214,222, up from £210,793 in May 2007 (not seasonally adjusted).

U.S. Blue-Chips Slipped

added: 13-08-2007

US blue-chips slipped, while the broader market edged higher on Friday after the Federal Reserve injected cash to shore up the banking system and ease anxieties about the subprime mortgage crisis. Central banks in Europe, Japan and Australia also made billions available.

U.S. Steel Industry Is Vital to Both Economic Competitiveness and National Security

added: 13-08-2007

The steel industry is critical to the U.S. economy. Steel is the material of choice for many elements of construction, transportation, manufacturing, and a variety of consumer products. Traditionally valued for its strength, steel has also become the most recycled material, with two-thirds of U.S. steel now produced from scrap.

Stock Market, Housing Woes Don't Restrain Consumer Confidence

added: 13-08-2007

After sliding for most of 2007, consumers' views about current and future economic conditions rebounded this month, according to the most recent results of the RBC CASH Index, which measured the attitudes of 1,003 Americans earlier this week. As a result, the overall RBC CASH Index stands at 89.3 for August 2007. This is 13 points above July's 76.1 level and its highest level since March 2007.

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