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Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market. ...more
July 4, 2008
All those job cuts at automakers, newspapers and even Starbucks are hard to stomach. But in a roundabout way, they may actually help the economy a bit. ...more
July 4, 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 U.S. economy may be suffering from its first bout of stagflation since the start of this decade, reports on housing, prices and manufacturing indicated. ...more
June 18, 2008
Reports of rising inflation and weak gains in wages kept the paycheck struggles of Americans at the center of the presidential campaign Friday. ...more
June 14, 2008
The stimulus checks are working. A big increase in retail sales signaled that people are spending their rebate payments, helping to ward off a serious economic slump, at least for now. ...more
June 13, 2008
The biggest rise in the unemployment rate since 1986 is an "aberration" and investors who sold equities Friday are "completely misreading" the outlook for economic growth, according to JPMorgan Chase & Co. ...more
June 7, 2008
RULES FOR YOUNGER WORKERS Summer jobs can provide teens with opportunities to learn important life skills, gain hands-on experience and earn money to spend or save. Federal and state rules regarding young workers strike a balance between ensuring sufficient time for educational opportunities and work experiences. ...more
May 28, 2008
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