House Dems unveil $894 billion health care bill

01.11.09

House Democratic leaders unveiled a sweeping health care bill Thursday that includes a more moderate version of the government-run public health insurance option.

The potential collapse of Colonial BancGroup poses another hazard to the still-shaky housing market: Mortgages could become even harder to get. Jobless Americans in high-unemployment states would see their benefits extended for another 13 weeks under legislation to be considered by Congress next Wednesday. He famously stirred controversy with his observations about women and science while running Harvard, but in his current post as director of the White House's National Economic Council, Larry Summers received a warm welcome from the female power brokers at Fortune's summit.



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. Technical glitch. Violence in Greece. Historic U.K. elections. A combination of these factors sent the Dow plummeting nearly 1,000 points Thursday before regaining two-thirds of the ground lost. The Obama administration said Friday that stimulus has created or saved 640,000 jobs so far.

The largest stimulus program in the nation's history has created or saved just over 640,000 jobs, the Obama administration said Friday.

Oil prices extended their declines Thursday as further signs of economic weakness signaled a slowdown in demand. 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.

President Obama on Monday pushed his plans to make the nation's economy more stable in the future by investing in education for high-tech industries. Read full story for latest details. Personal income was essentially unchanged in September, while spending by individuals fell, government figures showed Friday.



Main Street's job hemorrhaging has slowed. Shares of BB&T Corp. shot higher after reports that it might be scooping up the remains of Colonial BancGroup. Detroit continued to lead the nation's cities of 1 million people or more with the highest unemployment rate in September, according to government figures released Wednesday.

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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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