Economy Headlines
- First-time jobless claims drop slightly (AP) - 18 Mar 2010
AP - The number of newly laid-off workers requesting jobless benefits fell slightly last week for the third straight time. But initial claims remain above levels that would signal net job gains.
Foreclosure rates up by smallest amount in 4 years (AP) - 11 Mar 2010
AP - The foreclosure crisis isn't over, but the pace of growth may finally be slowing down.
Stocks rise after better-than-expected jobs report (AP) - 5 Mar 2010
AP - Stocks jumped Friday after the government's employment report showed fewer jobs were cut in February than expected.
- Consumer borrowing up in January after 11 declines (AP) - 5 Mar 2010
AP - Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card borrowing.
Jobless claims drop, retail sales climb (AP) - 4 Mar 2010
AP - New claims for jobless benefits fell last week in a sign that layoffs may be easing as the economy slowly recovers.
Fed: Economy grows, but snowstorms hurt some areas (AP) - 3 Mar 2010
AP - The economy is growing slowly, but snowstorms crimped activity along the East Coast last month, according to a Federal Reserve report
Stocks tumble on renewed concerns about economy (AP) - 25 Feb 2010
AP - Stocks tumbled Thursday as downbeat news about the nation's job market and debt loads in Europe revived fears that a global economic recovery will stall.
Eurozone economic sentiment falls in February (AP) - 25 Feb 2010
AP - Economic sentiment in the 16 countries that use the euro worsened in February for the first time in nearly a year, the European Commission said Thursday, in a further sign that the recovery from recession has lost momentum.
New home sales hit record low in January (AP) - 24 Feb 2010
AP - Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.
Fresenius Q4 net income up 32 percent (AP) - 24 Feb 2010
AP - German medical company Fresenius SE said Wednesday that its fourth quarter net income increased by 32 percent, thanks in part to a strong rise in North American revenue.
European markets recover poise ahead of Bernanke (AP) - 24 Feb 2010
AP - European stock markets recovered their poise Wednesday ahead of key testimony from U.S. Federal Reserve chairman Ben Bernanke and after unexpectedly bad U.S. consumer confidence figures had sent shares tumbling around the world the previous day.
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