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The economy shrank more than expected in the third quarter and home prices fell to levels not seen since early 2004 as the government announced new plans to provide $800 billion to boost consumer spending and home buying. ...more
November 25, 2008
-WASHINGTON - Managing the biggest financial crisis since the Great Depression has left Treasury Secretary Henry Paulson little time to sleep, let alone fly across the country to speak at fundraisers. ...more
November 21, 2008
A swarm of dire economic reports on Wednesday pushed the Dow Jones industrials to a five-year low below 8,000 points. What happened? Consumer prices plunged by the largest amount in 61 years, housing starts fell to the lowest level on record and the Federal Reserve sharply lowered its projections for economic activity this year and next. ...more
November 20, 2008
China's president was signing dozens of trade and investment deals with communist ally Cuba on Tuesday, part of a Latin America trip on which Chinese businessmen have been snapping up all manner of raw materials. ...more
November 19, 2008
WASHINGTON - The number of newly laid-off individuals seeking unemployment benefits has jumped to a level not seen since just after the Sept. 11, 2001, terrorist attacks. ...more
November 13, 2008
Alaska Gov. Sarah Palin has put the "brutal" 2008 campaign behind her and has the next presidential race in her sights, with a flurry of national television interviews and a high-profile appearance at the Republican Governors Association meeting this week. ...more
November 12, 2008
If they're smart, President-elect Barack Obama and congressional Democrats will resist as much as possible the temptation to flex their new mandate muscles. ...more
November 9, 2008
As he confronts the nation's worst financial crisis since the Depression, President-elect Obama has assembled a broad-based team of economic advisers though those who stand closest to him tend to be non-ideological pragmatists. ...more
November 8, 2008
The government will borrow a record $550 billion in the current quarter as it scrambles to fund the huge rescue programs being put in place to deal with the worst financial crisis in seven decades. ...more
November 3, 2008
Buoyed by improved affordability, existing single-family home sales in Hernando County rose in September. ...more
November 2, 2008
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