Consumer prices in largest annual fall since '50

15.08.09

The government's index of prices paid by consumers was unchanged in July from the previous month, but the closely watched inflation gauge recorded its largest over-the-year decline in 59 years.

More than 1,000 emergency loans have been granted to struggling companies since the Small Business Administration launched the much-anticipated America's Recovery Capital program in mid-June, according to a lending tally released this week. While the list confirms that the program is likely to hit its goal of making 10,000 loans by the time it ends in late 2010, it also reveals that banks are still cautious about participating. 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. California will have enough cash to stop issuing IOUs on Sept. 4, almost one month earlier than expected, the state controller said Thursday. That's also the date when people and companies can redeem their IOUs with the state treasurer.



President-elect Barack Obama's economic team is considering an overhaul of the $700 billion Wall Street bailout for the financial services industry, three transition aides told CNN. 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? Jan. 14

JPMorgan Chase chief executive officer defended the dollar -- and the size of his company -- at a securities industry conference Tuesday.

Hey there risk. Welcome back. What's shaking? Two key reports Thursday showed one thing: happy days are not here again for American consumers.

The next round of executive pay decisions for companies that have received substantial government bailout funds could have a more lasting impact on pay practices nationwide, the special master on pay for the bailout said Tuesday. Australia's raising interest rates! The global recession is over! The only question now is how strong and fast the economic rebound will be. Hip hip hooray! As yet another bank faces collapse, consumers are worried about their cash.



Dear Annie: I found your column "6 Ways to Be Happier at Work" very helpful, but what I could really use is some advice on how to help the people under me be happier (and more productive). Our department was cut drastically, back in February, so everyone has been working crazy hours since then. On top of that, we just heard our pay has been frozen, and bonuses this year will be far smaller than in the past. Regulators were as culpable for the financial crisis as banks, mortgage originators, and the ratings agencies, Securities and Exchange Chairman Mary Schapiro said Tuesday. Read full story for latest details.

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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.

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Home Prices

08.05.10

May 25

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GDP

08.05.10

May 27

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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.

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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.

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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.

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Jobs slowly returning on Main Street

08.05.10

Main Street's job hemorrhaging has slowed.

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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.

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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.

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