Updated : Thu, 09 Oct 2008 14:04:04 GMT
Jobless claims pushed to 7-year high (AP)
AP - New claims for unemployment benefits jumped last week to their highest level in seven years due to the impact of a slowing economy and Hurricanes Ike and Gustav, the Labor Department reported Thursday.
Publ.Date : Thu, 25 Sep 2008 14:23:13 GMT
Factory orders drop by 4 percent in August (AP)
AP - Orders to U.S. factories plunged by the largest amount in nearly two years in August as the credit strains began to hit manufacturing with full force.
Publ.Date : Thu, 02 Oct 2008 14:38:03 GMT
Banks, Wall Street firms borrow more from Fed (AP)
AP - Banks and Wall Street firms ramped up borrowing from the Federal Reserve's emergency lending facility over the past week, a fresh sign of the credit stresses plaguing the country.
Publ.Date : Thu, 18 Sep 2008 20:47:29 GMT
Payrolls drop by most in 5 years; more pain ahead (AP)
AP - THE LATEST: Employers slashed 159,000 jobs in September, the most in more than five years and the ninth month in a row of nationwide job losses. So far this year, the economy has lost a staggering 760,000 jobs.
Publ.Date : Fri, 03 Oct 2008 19:21:55 GMT
Retirement accounts have lost $2 trillion (AP)
AP - Americans' retirement plans have lost as much as $2 trillion in the past 15 months, Congress' top budget analyst estimated Tuesday.
Publ.Date : Tue, 07 Oct 2008 18:45:46 GMT
Fed leaves key rate unchanged (AP)
AP - The Federal Reserve kept a key interest rate unchanged Tuesday, saying that strains in financial markets have "increased significantly" but that it would keep an eye on them and act, if needed.
Publ.Date : Tue, 16 Sep 2008 19:39:34 GMT
Japan's core machinery orders plunge in August (AP)
AP - A key barometer of corporate capital spending in Japan plunged in August to its lowest level in more than five years, the government said Thursday, as business investment retreated sharply amid fears of a broader global slowdown.
Publ.Date : Thu, 09 Oct 2008 02:44:07 GMT
Jobless claims drop from 7-year high (AP)
AP - New applications for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, though they remain at elevated levels that indicate recession.
Publ.Date : Thu, 09 Oct 2008 14:04:04 GMT
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