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With the economy teetering and thousands of Floridians and other Americans losing their jobs, three Tampa Bay members of Congress say they would vote to give up their automatic $4,700 pay raise next year. ...more
December 24, 2008
Consumers cut back on spending at retail stores for a record fifth straight month in November, another sign the recession that is already the longest in a quarter-century will translate into a dismal holiday shopping season. ...more
December 13, 2008
As the number of unemployed consumers climbs, Wall Street analysts say restaurant sales, profits and stock prices are likely to drop, leading to even more layoffs in the restaurant industry. ...more
December 6, 2008
A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy. ...more
December 6, 2008
In November, nearly three years after Bob Puccinelli filed his claim for benefits and nine months after his death, the Labor Department determined toxic chemicals at the Largo GE plant likely caused his cancer. His wife would receive a compensation check and be eligible for reimbursement for his medical bills. The family declined to say how much they received. ...more
December 4, 2008
Neither the former workers at a nuclear weapons plant in Largo nor Sen. Bill Nelson are buying into a recently released Inspector General report. ...more
December 1, 2008
Four grim economic reports released by the government Wednesday added up to a bleak overall picture of the slowing economy. ...more
November 27, 2008
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year. ...more
November 20, 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
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
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