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    U.S. Economy Headlines
    Factory orders drop by 4 percent in August (AP)
    AP - Orders to U.S. factories plunged by the largest amount in nearly two years in August as the credit strains began to hit manufacturing with full force. -- read full article
    Thu, 02 Oct 2008 14:38:03 GMT - Yahoo! News: Economy News
    Consumer spending weakens as stimulus fades (AP)
    AP - Consumer spending in August turned in the weakest performance in six months, underscoring the threat the economy faces as the government's stimulus program fades into the past. -- read full article
    Mon, 29 Sep 2008 14:49:16 GMT - Yahoo! News: Economy News
    Economy's spring rebound was bit less energetic (AP)
    AP - The economy's spring rebound turned out to be slightly less energetic than the government previously thought. And, the road ahead is likely to be rocky as the country gets pounded by the worst financial crisis in decades. -- read full article
    Fri, 26 Sep 2008 21:12:59 GMT - Yahoo! News: Economy News
    Economy's spring rebound was bit less energetic (AP)
    AP - The economy's spring rebound turned out to be slightly less energetic than the government previously thought. And, the road ahead is likely to be rocky as the country gets pounded by the worst financial crisis in decades. -- read full article
    Fri, 26 Sep 2008 16:39:51 GMT - Yahoo! News: Economy News
    Durable goods orders drop 4.5 percent in August (AP)
    AP - Orders for big-ticket manufactured goods plunged in August by the largest amount in seven months as demand for both airplanes and autos fell sharply. -- read full article
    Thu, 25 Sep 2008 13:15:13 GMT - Yahoo! News: Economy News
    Jobless claims pushed to 7-year high (AP)

    A job seeker searches for employment opportunities in Arlington Heights, Illinois in 2004. US employers slashed 84,000 jobs in August and the jobless rate jumped to a five-year high of 6.1 percent, according to a government report suggesting fragile economic conditions.(AFP/Getty Images/File/Tim Boyle)AP - New claims for unemployment benefits jumped last week to their highest level in seven years due to the impact of a slowing economy and Hurricanes Ike and Gustav, the Labor Department reported Thursday.


    -- read full article
    Thu, 25 Sep 2008 14:23:13 GMT - Yahoo! News: Economy News
    New home sales and factory orders fall in August (AP)

    In this July 25, 2008 file photo, a new home is for sale in a Little Rock, Ark., neighborhood. The Commerce Department said Thursday, Sept. 25, 2008, government data show sales of new homes dropped sharply in August, falling to the slowest pace in 17 years. The average sales price fell by the largest amount on record, too. (AP Photo/Danny Johnston, file)AP - New home sales tumbled in August to the slowest pace in 17 years, while the average sales price fell by the largest amount on record, demonstrating the depth of the problem that Washington is trying to solve.


    -- read full article
    Thu, 25 Sep 2008 17:27:47 GMT - Yahoo! News: Economy News
    Banks, Wall Street firms borrow more from Fed (AP)

    Federal Reserve Chairman Ben Bernanke (C) speaks next to Treasury Secretary Henry Paulson (L), and House Speaker Nancy Pelosi (D-CA) after their meeting with other congressional leaders in the U.S. Capitol in Washington September 18, 2008. (Mitch Dumke/Reuters)AP - Banks and Wall Street firms ramped up borrowing from the Federal Reserve's emergency lending facility over the past week, a fresh sign of the credit stresses plaguing the country.


    -- read full article
    Thu, 18 Sep 2008 20:47:29 GMT - Yahoo! News: Economy News
    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.


    -- read full article
    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.


    -- read full article
    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.


    -- read full article
    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.


    -- read full article
    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
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