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Lay off the lattes. Buy a house you can afford. Refrain from grabbing every electronic doodad that rolls off the Best Buy truck. ...more
November 23, 2008
I will never forget how I felt two weeks ago when I watched Barack Obama celebrating with more than a hundred thousand in Chicago, tens of millions across our nation, and millions more around the world. Now, Congress has to ensure that we live up to the possibility of that day, and the promise of this moment in history. ...more
November 23, 2008
Bad economic news flooded in from all directions Friday, as state economists predicted tax collections would come up short by $1.4 billion and new figures showed that unemployment had soared to 7 percent. ...more
November 22, 2008
By the end of the summer, the local unemployment rate reached the highest point in nearly 16 years. ...more
November 22, 2008
Jarred by new jobless alarms, Congress quickly approved legislation Thursday to keep unemployment checks flowing through the holidays in December and into the new year for a million or more laid-off Americans whose benefits are running out. ...more
November 21, 2008
Wholesale prices in October experienced the biggest one-month drop on records that go back more than 60 years. ...more
November 19, 2008
Consumers boosted their borrowing in September, defying expectations for a cutback. ...more
November 8, 2008
WASHINGTON - The nation's unemployment rate bolted to a 14-year high of 6.5 percent in October as another 240,000 jobs were cut, the government said Friday. It was stark proof the economy is almost certainly in a recession. ...more
November 7, 2008
Barack Obama rode a wave of economic discontent to the White House, and now he faces the daunting task of turning the weakening economy around. ...more
November 6, 2008
A whopping 29 percent of Florida's homeowners owe more on their mortgages than their homes are worth. And 1.4 million others in the state may soon join them if property values keep falling, according to a report from First American CoreLogic, a Santa Ana, Calif.-based company that analyzes loan data for lenders. ...more
November 4, 2008
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