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    U.S. Economy Headlines
    Gas prices fuel drop in car owner satisfaction (AP)
    AP - Drivers of new cars were less satisfied with their vehicles this year for the first time in at least five years due mainly to rising fuel prices, according to an annual survey released Thursday. -- read full article
    Thu, 26 Jun 2008 12:11:57 GMT - Yahoo! News: Economy News
    Jobless claims hold steady (AP)
    AP - New filings for unemployment benefits held steady last week but were still at a high level, pointing to a cooler jobs market. -- read full article
    Thu, 26 Jun 2008 12:53:17 GMT - Yahoo! News: Economy News
    Existing home sales edge up 2 percent in May (AP)
    AP - Sales of existing homes edged up slightly in May although median home prices continued to fall. -- read full article
    Thu, 26 Jun 2008 14:25:00 GMT - Yahoo! News: Economy News
    Dow industrials drop 300 to lowest level of year (AP)

    Businessmen walk on Wall Street on Monday, June 23, 2008 in New York. Stocks declined again Monday following last week's steep losses as investors anxiously watched the direction of oil prices and awaited the Federal Reserve's meeting that starts Tuesday. (AP Photo/Mark Lennihan)AP - Stocks plunged Thursday as Wall Street contended with a barrage of bad news: another surge in oil prices and warnings of trouble in the key financial, automotive and high-tech industries. The major indexes showed losses of about 2 percent, including the Dow Jones industrial average, which shed more than 300 points and dropped to its lowest level in nearly two years.


    -- read full article
    Thu, 26 Jun 2008 18:49:30 GMT - Yahoo! News: Economy News
    Existing home sales rose 2.0 percent in May (Reuters)

    A newly built home sits vacant with a 'for sale' sign in front, in the Courtland Ridge development in Alpine, Utah, March 26, 2008. (George Frey/Reuters)Reuters - The pace of existing home sales rose in May to a 4.99 million-unit annual rate, the National Association of Realtors said in a report on Thursday that slightly beat analyst expectations.


    -- read full article
    Thu, 26 Jun 2008 14:32:20 GMT - Yahoo! News: Economy News
    New York women faring worse economically: study (Reuters)
    Reuters - Women in New York state face tougher economic conditions than they did two decades ago and are more likely to live in poverty than the U.S. average, according to a study released on Thursday. -- read full article
    Thu, 26 Jun 2008 15:03:35 GMT - Yahoo! News: Economy News
    Existing-homes sales rise; GDP growth revised up (Reuters)

    Customers shop inside a Sam's Club in Fayetteville, Arkansas, June 5, 2008. (Jessica Rinaldi/Reuters)Reuters - Sales of previously owned U.S. homes rose in May and the glut of homes for sale shrank, but prices were off sharply from a year ago, suggesting the housing sector remains a big weight on the economy.


    -- read full article
    Thu, 26 Jun 2008 17:08:46 GMT - Yahoo! News: Economy News
    Fragile economy improves but not out of woods yet (AP)
    AP - The fragile economy improved slightly at the beginning of the year and could grow a bit stronger in the current quarter as extra cash from tax rebates spurs people to buy more. Still, it's not out of danger yet. -- read full article
    Thu, 26 Jun 2008 18:04:02 GMT - Yahoo! News: Economy News
    Oil prices slide on surprise rise in US crude supply (AFP)

    A motorist holds a fuel pump at a service station. Oil prices slid Wednesday after official data revealed an unexpected rise in crude stockpiles in the United States, the world's biggest energy consumer, traders said.(AFP/DDP/File/Norbert Millauer)AFP - Oil prices slid Wednesday after official data revealed an unexpected rise in crude stockpiles in the United States, the world's biggest energy consumer, traders said.


    -- read full article
    Wed, 25 Jun 2008 19:55:52 GMT - Yahoo! News: Economy News
    Stocks up slightly after Fed keeps rates unchanged (AP)

    File photo shows a trader working on the floor of the New York Stock Exchange. In a myriad of ways, the effects of soaring oil prices are being felt across the US, forcing many into lifestyle changes(AFP/Getty Images/File/Mario Tama)AP - Wall Street ended an erratic day with a modest gain after the Federal Reserve left interest rates unchanged and issued a mixed assessment of the economy.


    -- read full article
    Wed, 25 Jun 2008 21:44:01 GMT - Yahoo! News: Economy News
    Market up on Fed rate pause and oil (Reuters)

    Traders work on the floor of the New York Stock Exchange, June 24, 2008. (Brendan McDermid/Reuters)Reuters - Stocks rose on Wednesday, as the price of oil declined, while the Federal Reserve held its key interest rate steady and reduced expectations for a rate hike at its next meeting.


    -- read full article
    Wed, 25 Jun 2008 21:24:50 GMT - Yahoo! News: Economy News
    Durable goods orders hold, home sales slip (Reuters)

    New home construction continues in Carlsbad, California June 24, 2008. (Mike Blake/Reuters)Reuters - U.S. durable goods orders held steady last month, but sales of new single-family homes fell, government data showed on Wednesday, highlighting a weak economy as the Federal Reserve kept interest rates unchanged.


    -- read full article
    Wed, 25 Jun 2008 19:30:35 GMT - Yahoo! News: Economy News
    Oil falls on U.S. inventory build, weak demand (Reuters)

    A gas flame is seen in the desert near the Khurais oilfield in Saudi Arabia, June 23, 2008. (Ali Jarekji/Reuters)Reuters - Oil fell more than $2 on Wednesday after U.S. weekly data showed crude inventories in the world's top consumer rising as high fuel prices continued to erode demand.


    -- read full article
    Wed, 25 Jun 2008 19:33:14 GMT - Yahoo! News: Economy News
    Gas prices driving California strangers to carpool (Reuters)

    Gas and diesel pumps along with gas prices are shown at an Exxon gas station in Carlsbad, California May 28, 2008. (Mike Blake/Reuters)Reuters - High gas prices are driving strangers into each others' cars in San Francisco.


    -- read full article
    Wed, 25 Jun 2008 20:18:21 GMT - Yahoo! News: Economy News
    US new home sales drop as Fed holds rates steady (AFP)

    A new development advertisement tries to entice customers to newly constructed homes in April 2008 in Fontana, California. A government survey Wednesday showed sales of new homes tumbled 2.5 percent across the United States in May amid unsettled economic times, as Federal Reserve policymakers opted to keep interest rates on hold.(AFP/Getty Images/File/David Mcnew)AFP - A government survey Wednesday showed sales of new homes tumbled 2.5 percent across the United States in May amid unsettled economic times, as Federal Reserve policymakers opted to keep interest rates on hold.


    -- read full article
    Wed, 25 Jun 2008 20:26:00 GMT - Yahoo! News: Economy News
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