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Jobless Claims At 7-Year High As Congress Works On Bailout
New claims for unemployment benefits jumped last week to their highest level in seven years because of the impact of a slowing economy and Hurricanes Ike and Gustav, the Labor Department reported Thursday. ...more
September 26, 2008
Claims For Jobless Benefits Have Hit A 7-Year High
WASHINGTON (AP) -- New claims for unemployment benefits jumped last week to their highest level in seven years due to the impact of a slowing economy and Hurricanes Ike and Gustav, the Labor Department reported Thursday. ...more
September 25, 2008
Jobless Rate Zooms To 13-Year High
Florida's unemployment rate hit 6.5 percent last month, the highest in 13 years. ...more
September 20, 2008
Wholesale Prices Fall, But Retail Sales Continue To Slide
The largest drop in wholesale prices in nearly two years in August failed to spur consumers to spend more at shopping malls, raising new worries about a possible recession as the temporary boost from tax rebate checks becomes a distant memory. ...more
September 13, 2008
Home Loan Troubles Break Records Again
The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. ...more
September 7, 2008
BUSINESS HIGHLIGHTS
Stocks Plummet After Retail, Unemployment Data NEW YORK (AP) - Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. ...more
September 7, 2008
Mortgage Woes Corralling Those With Good Credit
The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. ...more
September 6, 2008
Unemployment Rate Hits 5-Year High
The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike. ...more
September 6, 2008
Unemployment Claims Spike Unexpectedly
Jobless claims rose unexpectedly last week, the government said Thursday, while companies responded to the slowing economy by producing more with fewer workers. ...more
September 5, 2008
Retailers Have Sluggish August With Slow Back-To-School Sales
Many of the nation's retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials amid worries about high gas and food prices. ...more
September 5, 2008
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