Nariman Behravesh News
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America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach -- and investors are taking notice.
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The U.S. economy looks better placed to withstand a slowdown projected for the second quarter as the labor market keeps making progress.
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Trends affecting U.S. consumer spending have turned positive, Nariman Behravesh, chief economist at researcher IHS Automotive, said today at an auto forum in New York.
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Applications for unemployment benefits in the U.S. fell more than forecast last week, easing concern the labor market was taking a turn for the worse.
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A spiraling default crisis in Europe poses the “single biggest threat” to the world economy, IHS Inc. chief economist Nariman Behravesh said today in an interview on Bloomberg Television.
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Toyota Motor Corp., after reporting slower growth in February, is boosting its U.S. auto market outlook on improving consumer confidence, a better economy and demand for Camry sedans and Prius hybrids.
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Jacob J. Lew pivots to Europe, a region fraught with risks to the world economy, after making China his first overseas destination as Treasury secretary last month in a nod to the strongest engine of global growth.
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President Barack Obama’s path to re- election may pass through Berlin and Paris.
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Concern that U.S. personal income taxes will increase next year caused an unexpected decline in consumer confidence in September, indicating the biggest part of the economy will struggle to pick up.
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David Beers says he sees a “political divide” in the U.S. that won’t be any easier to bridge with time.
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