|
Select
Example Headline for Date
Weak economy pushes jobless claims to 7-year high
AP - New applications for unemployment benefits rose slightly last week to a seven-year high due to a weakening economy and the impact of Hurricanes Ike and Gustav, the Labor Department said Thursday.
Payrolls drop by most in 5 years; more pain ahead
AP - THE LATEST: Employers slashed 159,000 jobs in September, the most in more than five years and the ninth month in a row of nationwide job losses. So far this year, the economy has lost a staggering 760,000 jobs.
Japan's core machinery orders plunge in August
AP - A key barometer of corporate capital spending in Japan plunged in August to its lowest level in more than five years, the government said Thursday, as business investment retreated sharply amid fears of a broader global slowdown.
Jobless claims drop from 7-year high
AP - New applications for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, though they remain at elevated levels that indicate recession.
Japan's current account surplus down 52.5 percent
AP - Japan's current account surplus in August shrank 52.5 percent from a year earlier as the country's spending on oil imports soared, the Finance Ministry said Wednesday.
Wholesale prices drop for second straight month
AP - The government says wholesale prices fell for the second straight month in September, driven by a sharp drop in energy costs.
Report is expected to show higher consumer prices
AP - Bad economic signals may continue today as the Federal Reserve is expected to report that industrial production dropped in September, while the Labor Department is anticipated to report another uptick in consumer prices and only a slight decline in applications for unemployment benefits.
Correction: Federal Budget story
AP - In an Oct. 14 story on the record federal budget deficit for 2008, The Associated Press incorrectly quoted Senate Budget Committee Chairman Kent Conrad as saying the national debt had climbed by more than $1 trillion while President Bush was in office.
Jobless claims increase more than expected
AP - New claims for jobless benefits increased by more than expected last week as companies cut jobs due to the slow economy, the Labor Department said Thursday.
September existing home sales up 5.5 percent
AP - Sales of existing homes rose by the largest amount in more than five years in September, a real estate trade group said Friday. The data is a possible glimmer of hope that the housing slump could be starting to bottom out.
September new home sales rise by 2.7 percent
AP - Sales of new homes recorded an unexpected increase in September as median home prices dropped to the lowest level in four years, the Commerce Department reported Monday.
Sept. durable goods rise by largest since June
AP - Government data show orders to U.S. factories for big-ticket manufactured goods posted an unexpectedly strong showing in September. A surge in demand for airplanes and autos pushed orders up by the largest amount in three months.
Economy shrinks in 3Q, signaling recession
AP - The economy jolted into reverse during the third quarter as consumers cut back on their spending by the biggest amount in 28 years, the strongest signal yet the country has hurtled into recession.
Employment costs post modest gain in 3rd quarter
AP - The government says that wages and benefits paid to U.S. workers rose by a moderate amount in the third quarter, matching analysts' estimates.
| 
