Nepal National
NepalNational.com Friday 4th July 2008 Issue 1534
  • More Breaking Business News

  • US stocks mixed amid another record day for oil
  • U.S. stocks end week mixed
  • Chinese sensation Jie Zheng to donate Wimbledon earnings to quake-hit Sichuan
  • U.S. slips into a bear market
  • General Motors makes biggest drop on market
  • G8 summit will tackle food crisis
  • Bangladesh anti-corruption drive scares investors
  • Hollywood stars go bust
  • American Airlines prepares to pay unwanted workers
  • Survey reveals UK money needs
  • German bankers happy with result
  • US considers sanctions over high Chinese currency
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    US population concerned about economic future
    Nepal National
    Friday 16th May, 2008  


    US citizens believe the country is in recession.

    More than three quarters of Americans say the country is seriously 'on the wrong track,' according to a Los Angeles Times/Bloomberg poll.

    The poll has revealed that the percentage of people who say their finances are very or fairly secure has fallen to 57 percent.

    Nearly two out of five people say the state of their personal finances is fairly shaky or very shaky.

    The Los Angeles Times has said the poll paints the picture of a very grim, weakened economy that is affecting how people are going to spend.

    56 percent said the economy should be the top priority for the presidential campaign, which is a shift from December, when the majority said Iraq should be the main focus.

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