| U.S. Economy Headlines |
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| Housing construction plunges 6.2 pct. in August
(AP)
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| AP - Construction of new homes and apartments fell to the weakest pace in 17 years in August, far more than expected, but lower mortgage rates and tax credits have given builders some glimmer of hope of a possible rebound.
-- read full article |
| Wed, 17 Sep 2008 20:53:25 GMT - Yahoo! News: Economy News |
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| Housing construction plummets 6.2 pct. in August
(AP)
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| AP - Construction of new homes and apartments fell to the lowest level in 17 years last month, showing the country is still gripped by a severe housing downturn that has triggered billions of dollars of losses and is reshaping the structure of U.S. finance. -- read full article |
| Wed, 17 Sep 2008 13:00:35 GMT - Yahoo! News: Economy News |
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| 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 that it would keep an eye on them and act, if needed.
-- read full article |
| Tue, 16 Sep 2008 19:39:34 GMT - Yahoo! News: Economy News |
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| Big fall in energy pushes consumer prices down
(AP)
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| AP - Consumer prices in August posted the first monthly decline in nearly two years as Americans finally got some relief from surging energy prices. But the cost of food and clothing still rose last month and wages over the past year are down.
-- read full article |
| Tue, 16 Sep 2008 20:34:17 GMT - Yahoo! News: Economy News |
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| 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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