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    U.S. Economy Headlines
    Productivity up strongly while labor costs dip (AP)
    AP - Americans' productivity soared in the spring while labor costs declined, two welcome outcomes that should relieve concerns that inflation is getting out of hand. -- read full article
    Thu, 04 Sep 2008 13:12:41 GMT - Yahoo! News: Economy News
    Jobless claims jump, productivity soars (AP)
    AP - The number of newly laid off workers seeking unemployment benefits jumped unexpectedly last week, the government said Thursday, reversing three weeks of declines. -- read full article
    Thu, 04 Sep 2008 14:48:52 GMT - Yahoo! News: Economy News
    ECB, BoE expected to leave interest rates steady (AP)
    AP - The European Central Bank and Bank of England will likely leave interest rates unchanged on Thursday as they face mounting inflation and slowing growth. -- read full article
    Thu, 04 Sep 2008 04:02:27 GMT - Yahoo! News: Economy News
    Factory orders see wide gains led by aircraft (AP)
    AP - The government says orders to U.S. factories rose by a larger-than-expected amount in July as demand for commercial aircraft, heavy machinery and iron and steel all posted solid gains. -- read full article
    Wed, 03 Sep 2008 14:05:02 GMT - Yahoo! News: Economy News
    Construction spending fell 0.6 percent in July (AP)

    In this July 1, 2008 file photo, construction crews work on a huge commercial residential and retail complex in Richmond, Va. Construction spending took a bigger-than-expected tumble in July as housing activity dropped to the lowest level in seven years and nonresidential activity fell for the first time in seven months, the Commerce Department announced Tuesday, Sept. 2, 2008.  (AP Photo/Steve Helber, file)AP - Construction spending took a bigger-than-expected tumble in July as housing activity dropped to the lowest level in seven years and nonresidential activity fell for the first time in seven months.


    -- read full article
    Tue, 02 Sep 2008 14:28:33 GMT - Yahoo! News: Economy News
    Hundreds of thousands lose power in the Gulf (AP)
    AP - Three years after being punished by Hurricane Katrina, utilities along the Gulf of Mexico were buffeted by 110 mph plus winds from Gustav with customer outages topping 500,000 and growing. -- read full article
    Mon, 01 Sep 2008 20:55:01 GMT - Yahoo! News: Economy News
    Gustav loses stranglehold on energy prices (AP)

    A delegate from Ohio watches as Mississippi Governor Haley Barbour talks about the effects of Hurricane Gustav, by way of video link, at the 2008 Republican National Convention in St. Paul, Minnesota September 1, 2008. (Brian Snyder/Reuters)AP - The punch of Hurricane Gustav appeared to fall softly Monday on the nation's vast energy complex along the U.S. Gulf Coast, and was overshadowed by growing anxiety over the state of the global economy.


    -- read full article
    Mon, 01 Sep 2008 22:00:29 GMT - Yahoo! News: Economy News
    Incomes drop sharply in July while spending slows (AP)

    Shoppers walk next to children's store at a mall in San Jose, Calif., Tuesday, Aug. 12, 2008. Personal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane. (AP Photo/Paul Sakuma)AP - Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments.


    -- read full article
    Fri, 29 Aug 2008 18:29:51 GMT - Yahoo! News: Economy News
    Spring's economic rebound unlikely to last (AP)

    A tugboat passes a cargo ship loading containers at the Port of Newark on Wednesday, Aug. 27, 2008 in New Jersey. The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home. (AP Photo/Mark Lennihan)AP - The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn't expected to last. Economic slowdowns overseas could make exports tail off just as Americans are hunkering down after the bracing impact of rebate checks wanes, plunging the country into another rut later this year.


    -- read full article
    Thu, 28 Aug 2008 20:42:57 GMT - Yahoo! News: Economy News
    Jobless claims fall for 3rd straight week (AP)
    AP - The number of people signing up for jobless benefits declined last week, the third straight drop from a six-year high reached earlier this month, the government said Thursday. -- read full article
    Thu, 28 Aug 2008 13:07:07 GMT - Yahoo! News: Economy News
    Spring's economic rebound unlikely to last (AP)

    A tugboat passes a cargo ship loading containers at the Port of Newark on Wednesday, Aug. 27, 2008 in New Jersey. The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home. (AP Photo/Mark Lennihan)AP - The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn't expected to last. Economic slowdowns overseas could make exports tail off just as Americans are hunkering down after the bracing impact of rebate checks wanes, plunging the country into another rut later this year.


    -- read full article
    Thu, 28 Aug 2008 18:06:29 GMT - Yahoo! News: Economy News
    Durable goods post strong gains in June, July (AP)

    A shopper passes a display of washing machines at a store Wednesday, Aug. 27, 2008, in Chicago. The Commerce Department said Wednesday that orders for durable goods rose 1.3 percent last month, far above the slight 0.1 percent increase economists had been expecting. (AP Photo/M. Spencer Green)AP - U.S. factories saw a surprisingly hefty increase in their orders for big-ticket products in July, reflecting continued strength in export sales and a boost to business investment from the government's tax stimulus package.


    -- read full article
    Wed, 27 Aug 2008 19:45:02 GMT - Yahoo! News: Economy News
    Durable goods post strong increases in July, June (AP)

    In this May 20, 2008 file photo, Boeing Co. 737 airplanes are shown lined up during assembly in Renton, Wash. Orders for big-ticket manufactured goods turned in a second consecutive strong monthly performance in July, a far bigger-than-expected gain led by a huge jump in demand for commercial aircraft. (AP Photo/Ted S. Warren, file)AP - Orders for big-ticket manufactured goods turned in a second consecutive strong monthly performance in July, a far bigger-than-expected gain led by a huge jump in demand for commercial aircraft.


    -- read full article
    Wed, 27 Aug 2008 12:53:37 GMT - Yahoo! News: Economy News
    Gov't home price index posts largest-ever drop (AP)
    AP - U.S. home prices fell 4.8 percent in the second quarter compared with a year ago, a new record low, according to a government report. -- read full article
    Tue, 26 Aug 2008 14:29:03 GMT - Yahoo! News: Economy News
    New-home sales rose slightly in July, prices fell (AP)

    Byron Rodas works on the roof line of a modular home at the Westchester Modular Homes factory in Wingdale, N.Y. Thursday, Aug. 7, 2008. The employee-owned company produces about 400 modular homes annually. Sales of new homes posted an unexpected gain in July as heavily discounted properties enticed cautious house hunters to become home buyers.  (AP Photo/Craig Ruttle)AP - Sales of new homes rose in July, but still fell short of economists' expectations, and home prices continued to sink.


    -- read full article
    Tue, 26 Aug 2008 16:08:10 GMT - Yahoo! News: Economy News
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