Industrial production up more than expected
15.08.09
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Feb. 2 May 27
Gold neared its all-time high on Friday amid choppy markets and ongoing concerns about contagion in the euro zone.
The hard-hit city of Pontiac, Mich., is auctioning off the Silverdome, a stadium of more than 80,000 seats that once played host to the Super Bowl. More employers are planning to reverse pay cuts and other employee cutbacks, another sign that the employment picture is improving, according to a survey released Thursday.
The government's first step toward thawing the frozen market for small business loans will take effect next month, in a behind-the-scenes move to unlock the capital some banks rely on to finance their small business lending.
Take a deep breath. Hold it in. Exhale. Feel better? No? Didn't think so.
Just how much is a rainmaker at a bailed-out bank really worth? Or a senior executive at a recently bankrupt automaker for that matter? Government bond prices reversed their new year's slide Thursday as investors weighed a flood of supply against a potentially sour unemployment report being released by the government on Friday.
Personal income was essentially unchanged in September, while spending by individuals fell, government figures showed Friday.
Jan. 27
Disaster averted.
Santa's load will be lighter once again, with crucial year-end holiday sales expected to decline for a second year in a row, according to an industry forecast Tuesday. The Obama administration took the first concrete steps Thursday to make good on its pledge to halt new offshore drilling projects, suspending the approval process for new wells off of the Virginia coast.
With a growing number of homebuyers depending on government-insured loans, the Obama administration is taking steps to shore up the Federal Housing Administration program.
March jobs report shows growth
08.05.10
The U.S. economy gained more jobs in March than any other month in the last three years, according to a government report released Friday.
Shoppers slow down in April
08.05.10
Retail sales showed weakness in April, after March's data posted the biggest single monthly gain on record thanks to a shift in the Easter holiday.
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More college graduates have jobs waiting
08.05.10
More college graduates are heading straight into new jobs this year, a study from a college employment group showed Thursday.
Paulson, Geithner: Shed light on Wall Street
08.05.10
Henry Paulson and Timothy Geithner, two key players in the government's bailout of the financial system, said Thursday that steps should be taken to shed light on the darker corners of Wall Street in order to prevent another crisis from happening.
Another jobless summer
08.05.10
The job situation is starting to look better for grownups. But college and high school kids could be in for a long, disappointing summer.
Obama suspends new Virginia offshore drilling bid
08.05.10
The Obama administration took the first concrete steps Thursday to make good on its pledge to halt new offshore drilling projects, suspending the approval process for new wells off of the Virginia coast.
Fear index skyrockets to 13-month high
08.05.10
Wall Street's key volatility measure soared to a 13-month high Friday as stocks continued their slide, a day after computer glitches caused erroneous trades that prompted a huge sell-off in equities.