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    U.S. Economy Headlines
    Wholesale prices drop for second straight month (AP)
    AP - The government says wholesale prices fell for the second straight month in September, driven by a sharp drop in energy costs. -- read full article
    Wed, 15 Oct 2008 12:36:28 GMT - Yahoo! News: Economy News
    Bush, Paulson say economy's rebound will take time (AP)

    Treasury Secretary Henry Paulson speaks at a press conference at the Treasury Department in Washington, Tuesday, Oct. 14, 2008. (AP Photo/Gerald Herbert)AP - The country hit fresh economic potholes Wednesday as President Bush sought to reassure anxious Americans that the government's latest rescue plan will eventually bring relief.


    -- read full article
    Wed, 15 Oct 2008 13:56:08 GMT - Yahoo! News: Economy News
    August inventories up less than expected (AP)
    AP - Businesses increased their inventories in August by the smallest amount in five months, a possible indication of concerns about the slowing economy. -- read full article
    Wed, 15 Oct 2008 14:26:35 GMT - Yahoo! News: Economy News
    Retail sales plunge 1.2 percent in September (AP)

    American flags flutter in the wind over the sign splashed across the windshield of a an unsold used 2005 Subaru Legacy sedan at a Mazda dealership in the west Denver suburb of Lakewood, Colo., on Sunday, Sept. 28, 2008. Retail sales fell off a cliff in September, plunging by the largest amount in three years as worried consumers shunned the malls and auto showrooms in the midst of the country's financial meltdown. (AP Photo/David Zalubowski)AP - Retail sales fell off a cliff in September, plunging by the largest amount in three years as worried consumers shunned the malls and auto showrooms in the midst of the country's financial meltdown.


    -- read full article
    Wed, 15 Oct 2008 15:36:32 GMT - Yahoo! News: Economy News
    Fed: Economy sinks deeper into rut (AP)

    The US Federal Reserve in Washington, DC. The United States has slipped into recession, the head of the San Francisco branch of the central bank has said.(AFP/File/Karen Bleier)AP - The country has sunk deeper into an economic rut, the Federal Reserve reported Wednesday, reflecting mounting damage from the financial and credit crises.


    -- read full article
    Wed, 15 Oct 2008 18:37:42 GMT - Yahoo! News: Economy News
    Japan's current account surplus down 52.5 percent (AP)
    AP - Japan's current account surplus in August shrank 52.5 percent from a year earlier as the country's spending on oil imports soared, the Finance Ministry said Wednesday. -- read full article
    Wed, 15 Oct 2008 02:08:40 GMT - Yahoo! News: Economy News
    Jobless claims drop from 7-year high (AP)

    Graphic charts monthly unemployment rate for the past 13 months; 1c x 3 1/2 inches; 46.5 mm x 88.9 mmAP - New applications for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, though they remain at elevated levels that indicate recession.


    -- read full article
    Thu, 09 Oct 2008 14:04:04 GMT - Yahoo! News: Economy News
    Japan's core machinery orders plunge in August (AP)
    AP - A key barometer of corporate capital spending in Japan plunged in August to its lowest level in more than five years, the government said Thursday, as business investment retreated sharply amid fears of a broader global slowdown. -- read full article
    Thu, 09 Oct 2008 02:44:07 GMT - Yahoo! News: Economy News
    Retirement accounts have lost $2 trillion (AP)
    AP - Americans' retirement plans have lost as much as $2 trillion in the past 15 months, Congress' top budget analyst estimated Tuesday. -- read full article
    Tue, 07 Oct 2008 18:45:46 GMT - Yahoo! News: Economy News
    Payrolls drop by most in 5 years; more pain ahead (AP)
    AP - THE LATEST: Employers slashed 159,000 jobs in September, the most in more than five years and the ninth month in a row of nationwide job losses. So far this year, the economy has lost a staggering 760,000 jobs. -- read full article
    Fri, 03 Oct 2008 19:21:55 GMT - Yahoo! News: Economy News
    Economy sheds most jobs since 2003, more cuts seen (AP)

    George Williams uses a phone in the resource center at Pennsylvania Career Link in Harrisburg, Pa., Friday, Oct. 3, 2008. WIlliams is looking for work. Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead, an urgent signal the country may be careening toward a deep and painful recession just as Americans prepare to elect a new president. (AP Photo/Carolyn Kaster)AP - Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead, an urgent signal the country may be careening toward a deep and painful recession just as Americans prepare to elect a new president.


    -- read full article
    Sat, 04 Oct 2008 04:06:35 GMT - Yahoo! News: Economy News
    Economy sheds most jobs since 2003, more cuts seen (AP)

    In this July 30, 2008 file photo, Donte Walker reads job listings at the employment training facility, JobTrain, in Menlo Park, Calif.  New applications for unemployment benefits rose slightly last week to a seven-year high due to a weakening economy and the impact of Hurricanes Ike and Gustav, the Labor Department said Thursday, Oct. 2, 2008. (AP Photo/Paul Sakuma, file)AP - Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead, an urgent signal the country may be careening toward a deep and painful recession just as Americans prepare to elect a new president.


    -- read full article
    Fri, 03 Oct 2008 18:16:12 GMT - Yahoo! News: Economy News
    Tighter credit begins to hit manufacturing, jobs (AP)
    AP - There's no need to explain to Al Lubrano how deeply tight credit has wounded the economy. -- read full article
    Thu, 02 Oct 2008 20:51:40 GMT - Yahoo! News: Economy News
    Summary Box: Tighter credit slows economy (AP)
    AP - THE LATEST DATA: Signs emerged that tighter credit is harming the broader economy, as more people than expected sought unemployment benefits last week and factory orders plunged by the largest amount in two years. -- read full article
    Thu, 02 Oct 2008 20:55:01 GMT - Yahoo! News: Economy News
    Weak economy pushes jobless claims to 7-year high (AP)
    AP - Tight credit is taking a toll on manufacturing and jobs. -- read full article
    Thu, 02 Oct 2008 14:30:06 GMT - Yahoo! News: Economy News
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