In a troubling sign that consumers are retrenching this holiday season, consumer spending and orders for durable goods fell further in November, according to government reports released Wednesday.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
The number of Americans filing for first-time unemployment benefits rose to a new 26-year high last week, according to a government report released Wednesday.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Continue reading about Unemployment claims highest since '82
It looks like America may be getting a whole lot more energy efficient as part of any new stimulus plan.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Near record low mortgage rates sent mortgage applications shooting higher last week, especially for refinances, according to an industry report.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Continue reading about Mortgage applications soar as rates fall
Foot traffic plummeted at stores this Saturday compared to last year but sales increased slightly, suggesting that shoppers are making fewer, more efficient trips for their holiday buying, according to a report released Tuesday.
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The Treasury Department, broadening the reach of its bank bailout, said Tuesday it had invested $4.7 billion in another 92 local banks.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Continue reading about Treasury: $4.7 billion to local banks
