Spring's Economic Rebound Unlikely To Last Gross domestic product, or GDP, grew at a 3.3 percent annual rate in the April-June quarter, its fastest pace in nearly a year, the Commerce Department reported Thursday. ...more

August 31, 2008

A private sector measure of the economy's health showed the largest drop in a year, and even though new jobless claims fell for the second straight week, they remain near the highest levels since 2002. The reports are the latest evidence that the languishing American economy remains stuck in low gear. ...more

August 22, 2008

Jobless Claims Jump As Housing Market Gets Weaker WASHINGTON (AP) - Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. ...more

July 27, 2008

The economy, hobbled by higher fuel and food prices, tighter credit and a depressed housing market, is limping along at a snail's pace, a private business group said Thursday. ...more

June 20, 2008

The economy has defied persistent predictions that it would run out of gas, but everyday working folks are feeling a financial squeeze they can only define as hard times. ...more

June 15, 2008