AP - Borrowing by consumers slipped in July to the weakest pace in seven months, reflecting a big slowdown in demand for car loans. -- read full article
AP - The nation's unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years — and it's likely to go even higher in the months ahead, possibly throwing the economy into a tailspin as Americans pick a new president.
AP - THE LATEST: The nation's unemployment rate zoomed to a five-year high of 6.1 percent August and employers slashed jobs for the eighth month in a row. -- read full article
AP - The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.
AP - JOBLESS CLAIMS JUMP: The number of people filing new claims for unemployment benefits rose 15,000 to 444,000 last week. Economists expected that number to drop. -- read full article
AP - Jobless claims rose unexpectedly last week, the government said Thursday, while companies responded to the slowing economy by producing more with fewer workers.
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
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
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
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
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.
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
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.
