PBGC reports deficit of $18.1 billion (AP)
16th Nov 2006, 08:42 GMT
AP - The federal agency that insures private pension plans for millions of Americans logged a deficit of $18.1 billion this year, a big improvement from last year as a new law helped to put the agency on better financial footing.
Latest news from Yahoo! News: Economy News:
- Japan July-Sept GDP growth tops forecasts (Reuters)
- Japan July-September GDP growth tops forecasts (Reuters)
- Core producer prices drop sharply (Reuters)
- Euro-area economy grows 0.5 pct. in 3Q (AP)
- Wholesale inflation drops record amount (AP)
- Producer prices, retail sales down (Reuters)
- Asia's 2007 growth hinges on U.S. economy (Reuters)
- Fed points to soft landing for economy (FT.com)
- Fed sees cutting inflation as greatest concern (Reuters)
- Fed still concerned about inflation (AP)