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    U.S. Economy Headlines
    Fed leaves key rate unchanged (AP)

    In this July 15, 2008 file photo, Federal Reserve Board Chairman Ben Bernanke arrives on Capitol Hill in Washington, to report on the economy before the Senate Banking Committee. Tighten your seat belt. Federal Reserve Chairman Ben Bernanke and his colleagues are preparing to ride out economic and financial storms by holding their most important interest rate steady this week and probably through the rest of this year.  (AP Photo/Susan Walsh)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.


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    Tue, 16 Sep 2008 18:35:16 GMT - Yahoo! News: Economy News
    Output drops worse-than-expected 1.1 percent (AP)
    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
    Sales slide in August while price pressures abate (AP)

    Tanker truck driver Rick Mears makes a fuel delivery to a North Little Rock, Ark., Exxon gas station Tuesday, Aug. 26, 2008. Wholesale inflation plunged in August by the largest amount in nearly two years, reflecting a steep drop in gasoline and other energy products. (AP Photo/Danny Johnston)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.


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    Fri, 12 Sep 2008 20:35:19 GMT - Yahoo! News: Economy News
    Retail sales slide, producer prices drop in August (AP)
    AP - Wholesale inflation plunged in August by the largest amount in nearly two years, reflecting a steep drop in energy prices. But in less positive news, retail sales remained in the doldrums in August. -- read full article
    Fri, 12 Sep 2008 14:49:31 GMT - Yahoo! News: Economy News
    USDA cuts estimates for corn, soybean harvests (AP)
    AP - The Agriculture Department on Friday reduced its forecast for this year's corn and soybean harvests due to drier weather, potentially leading to higher commodity prices. -- read full article
    Fri, 12 Sep 2008 14:56:15 GMT - Yahoo! News: Economy News
    Trade deficit surges, jobless claims remain high (AP)

    In this Sept. 5, 2008 file photo, a job seeker enters the Career Resource Center in Barre, Vt. Government data show new applications for unemployment benefits fell less than expected last week as the struggling economy continues to take a toll on workers.  (AP Photo/Toby Talbot)AP - The U.S. trade gap has hit a 16-month high, the job market is shrinking and exports — a rare item in the economy's plus column lately — may slow.


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    Thu, 11 Sep 2008 20:15:34 GMT - Yahoo! News: Economy News
    Settlement reached in AIG shareholder lawsuit (AP)
    AP - Attorneys for a Louisiana pension fund have reached a $115 million settlement in a shareholder lawsuit against former executives of insurance giant American International Group Inc. -- read full article
    Thu, 11 Sep 2008 20:51:01 GMT - Yahoo! News: Economy News
    Japan reports economy shrank 3 percent April-June (AP)
    AP - Japan's economy shrank at a 3 percent annual rate in the April-June quarter, the government said Friday in a lowered revision of an already pessimistic reading for the world's second biggest economy. -- read full article
    Fri, 12 Sep 2008 02:09:57 GMT - Yahoo! News: Economy News
    Trade deficit surged to 16-month high in July (AP)

    A container ship is docked at Maher Terminals, Monday, Sept. 8, 2008 in Elizabeth, N.J. The New York City skyline is behind. The Commerce Department says the trade deficit rose by 5.7 percent to $62.2 billion in July, much worse than the $58 billion deficit that Wall Street expected. It pushed the gap between what America imports and what it sells abroad to the highest level since March 2007. (AP Photo/Mark Lennihan)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.


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    Thu, 11 Sep 2008 15:18:35 GMT - Yahoo! News: Economy News
    Trade deficit surges, jobless claims remain high (AP)

    In this Sept. 5, 2008 file photo, a job seeker enters the Career Resource Center in Barre, Vt. Government data show new applications for unemployment benefits fell less than expected last week as the struggling economy continues to take a toll on workers.  (AP Photo/Toby Talbot)AP - The U.S. trade deficit soared in July to the highest level in 16 months as oil imports hit an all-time high, offsetting strong export growth.


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    Thu, 11 Sep 2008 15:24:54 GMT - Yahoo! News: Economy News
    30-year mortgages dip to lowest level since April (AP)

    A large computerised display of the FTSE 100 index in London. The FTSE 100 index has closed lower as ailing US investment bank Lehman Brothers unveiled huge write-downs linked to the subprime mortgage crisis.(AFP/File/Shaun Curry)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.


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    Thu, 11 Sep 2008 15:49:54 GMT - Yahoo! News: Economy News
    Many CEOs see more pink slips ahead (AP)
    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
    Japan's core machinery orders fall in July (AP)
    AP - A key barometer of corporate capital spending in Japan fell for the second consecutive month in July, suggesting that manufacturers are bracing for slower demand in the months ahead. -- read full article
    Thu, 11 Sep 2008 01:13:39 GMT - Yahoo! News: Economy News
    Fed auctions another $25 billion in loans to banks (AP)

    U.S. Federal Reserve Chairman Ben Bernanke pauses during remarks at the 2008 National Historically Black Colleges and Universities Week Conference in Washington September 9, 2008. Bernanke on Tuesday praised historically black colleges and universities for their roles in education, but made no comments about the recent government rescue of mortgage finance companies Fannie Mae and Freddie Mac. REUTERS/Jason Reed (UNITED STATES)AP - The Federal Reserve has auctioned another $25 billion in loans to squeezed banks to help them overcome credit problems.


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    Wed, 10 Sep 2008 14:21:56 GMT - Yahoo! News: Economy News
    Japan wholesale prices rise 7.2 percent in August (AP)
    AP - Japan's wholesale inflation remained near a 27-year high in August, the government said Wednesday, as the soaring costs of energy and raw materials continued to pressure businesses. -- read full article
    Wed, 10 Sep 2008 06:25:58 GMT - Yahoo! News: Economy News
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