| U.S. Economy Headlines |
| Fed leaves key rate unchanged
(AP)
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| AP - The Federal Reserve kept a key interest rate unchanged Tuesday, saying that strains in financial markets have "increased significantly" but the inflation outlook remains uncertain.
-- read full article |
| Tue, 16 Sep 2008 18:35:16 GMT - Yahoo! News: Economy News |
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| Output drops worse-than-expected 1.1 percent
(AP)
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| AP - Government data show the nation's industrial output plunged in August by nearly four times the amount that had been expected. It's the worst performance since Hurricane Katrina devastated the Gulf Coast in 2005. -- read full article |
| Mon, 15 Sep 2008 13:16:02 GMT - Yahoo! News: Economy News |
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| Sales slide in August while price pressures abate
(AP)
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| AP - The largest drop in wholesale prices in nearly two years in August failed to spur consumers to spend more at the shopping malls, raising new worries about a possible recession as the temporary boost from tax rebate checks becomes a distant memory.
-- read full article |
| Fri, 12 Sep 2008 20:35:19 GMT - Yahoo! News: Economy News |
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| Trade deficit surged to 16-month high in July
(AP)
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| AP - America's trade deficit shot up in July to the highest level in 16 months as oil imports hit an all-time high, offsetting strong export growth. The deficit with China climbed to the second highest level on record.
-- read full article |
| Thu, 11 Sep 2008 15:18:35 GMT - Yahoo! News: Economy News |
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| 30-year mortgages dip to lowest level since April
(AP)
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| AP - Rates on 30-year mortgages dropped sharply this week, falling to the lowest level in five months, as the government's dramatic takeover of mortgage giants Fannie Mae and Freddie Mac had the hoped-for impact of lowering mortgage rates.
-- read full article |
| Thu, 11 Sep 2008 15:49:54 GMT - Yahoo! News: Economy News |
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| Many CEOs see more pink slips ahead
(AP)
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| AP - Nearly one-third of the country's top executives expect to cut payrolls in the coming months as companies cope with a weakened economy dogged by housing, credit and financial problems. -- read full article |
| Thu, 11 Sep 2008 17:02:50 GMT - Yahoo! News: Economy News |
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