Economic Impact
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Damon Winter / DMN
A stock
trader wears the U.S. flag draped over his suit as trading resumed at the
New York Stock Exchange, Monday.• Graphic: Airports struggle nationwide |
G-7 finance ministers discuss global economy
WASHINGTON - Finance ministers from the world's seven richest industrialized nations gathered Saturday to discuss the weakening global economy and develop better strategies to choke off the flow of money to terrorist organizations.
Job losses at 10-year high
WASHINGTON – The economy was deteriorating at a faster-than-expected clip even before the terrorist attacks, as employers trimmed 199,000 workers from their payrolls in September.
Planners aim to transform New York
From the ashes and sorrow of the World Trade Center site, imagine this: a complex of low-rise buildings for offices, hotels, shops and housing, surrounded by street-level plazas for a free flow of pedestrians. A museum or performance hall to infuse the new center with culture. A transportation hub to link Lower Manhattan with train stations and airports. And a memorial to honor those lost in the Sept. 11 attack.
Bush calls for $60 billion in tax cuts
WASHINGTON – President Bush urged Congress Friday to pass an additional $60 billion in tax relief for individuals and businesses to help revive an economy staggered by the Sept. 11 terrorist attacks.
MORE ON THE ECONOMIC IMPACT:
Friday, Oct. 5
• Bush offers more jobless benefits
• Official: Attacks may cost up to $105 billion
• Airlines drastically lower prices to draw back customers after terrorist attacks
Thursday, Oct. 4
• Jobless claims surge by 71,000
• Bush offers benefits to workers laid off as result of Sept. 11 attacks
• Lawmakers' proposal would offer tax breaks to Big Apple visitors
• From bad to worse in Mexico: As fearful Americans stay home, already shaky economy shrivels
Wednesday, Oct. 3
• Bush visits New York; talks with business leaders
• Dow ends up 173; Nasdaq rises 88
• Airlines offer incentives to bring back passengers
• Fed cuts key interest rate by half-point to lowest level since 1962
• Chinatown 'dying a thousand deaths'
Tuesday, Oct. 2
• SEC investigates pre-attacks trading in shares of 38 companies
• AMR's reserves fall by $1 billion
• Pilots dispute crash payout
• Fed expected to cut interest rates
Monday, Oct. 1
• World poverty likely to rise because of effects of terrorist attacks
Sunday, Sept. 30
• NFL mulls option of New York Super Bowl
• Stock markets' prospects for a quick recovery uncertain
• Airlines scrambling to make it
Saturday, Sept. 29
• Bush directs staff to make plan
• Defense spending to favor spying
• Casino operator Mandalay Resort Group cuts 4,500 jobs
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