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    U.S. Economy Headlines
    Jobless claims rise due to Hurricane Gustav (AP)

    A pedestrian walks by a vending box for a job listing newspaper in the Brooklyn borough of New York City. US unemployment jumped to a five-year high of 6.1 percent in August as 84,000 jobs were slashed, according to a report Friday that sparked fresh fears about recession in the world's biggest economy.(AFP/Getty Images/Spencer Platt)AP - New applications for unemployment benefits rose unexpectedly last week, largely due to Hurricane Gustav, the government said Thursday, adding further strain to the economy.


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    Thu, 18 Sep 2008 17:27:24 GMT - Yahoo! News: Economy News
    Housing construction plunges 6.2 pct. in August (AP)

    Graphic charts the number of new private-owned housing units started;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.


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    Wed, 17 Sep 2008 20:53:25 GMT - Yahoo! News: Economy News
    Housing construction plummets 6.2 pct. in August (AP)
    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
    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 that it would keep an eye on them and act, if needed.


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    Tue, 16 Sep 2008 19:39:34 GMT - Yahoo! News: Economy News
    Big fall in energy pushes consumer prices down (AP)

    In this Sept. 9, 2008 file photo, Zach Conway pulls the filling hose away from his tanker truck on the lot of the Nebraska - Iowa Supply Company, in Omaha, Neb. Consumer prices in August post the first monthly decline in nearly two years Tuesday, Sept.16, 2008, as Americans finally get a break from surging energy prices. (AP Photo/Nati Harnik, file)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.


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    Tue, 16 Sep 2008 20:34:17 GMT - Yahoo! News: Economy News
    Jobless claims fall less than expected (AP)
    AP - 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. -- read full article
    Thu, 11 Sep 2008 12:33:59 GMT - Yahoo! News: Economy News
    Big fall in energy pushes consumer prices down (AP)

    In this Sept. 9, 2008 file photo, Zach Conway pulls the filling hose away from his tanker truck on the lot of the Nebraska - Iowa Supply Company, in Omaha, Neb. Consumer prices in August post the first monthly decline in nearly two years Tuesday, Sept.16, 2008, as Americans finally get a break from surging energy prices. (AP Photo/Nati Harnik, file)AP - Consumer prices in August posted the first monthly decline in nearly two years as Americans finally get a break from surging energy prices.


    -- read full article
    Tue, 16 Sep 2008 15:46:55 GMT - Yahoo! News: Economy News
    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.


    -- read full article
    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
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