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Last updated: 10:17:27 Thursday Oct 2, 2008


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  • Weak economy pushes jobless claims to 7-year high
    WASHINGTON - Tight credit is taking a toll on manufacturing and jobs.   Nations:U.S.   Activities:2008 U.S. Recession   2008-10-02

    Japan faces fresh economic gloom
    TOKYO (AFP) - Worries grew Tuesday that Japan's economy was slipping into recession as job offers sank to their lowest level in four years, while consumer spending and industrial output tumbled.   Nations:Japan   Source:(AFP)   2008-09-30

    US consumer spending flat as incomes rise
    WASHINGTON (AFP) - US consumers kept a tight rein on spending in August even as incomes rose, government data showed Monday.   Activities:2008 U.S. Recession   Source:(AFP)   2008-09-29

    Tightening of credit strikes nerve among consumers
    When Deb Freitag applied for a credit card so she could replace her roof, her leaky refrigerator and her old dishwasher, she was offered a $1,000 line of credit, not the $5,000 she needed.   Nations:U.S.   Activities:2007 Global Credit Crunch   Source:(AP)   2008-09-26

    Fed to hold rates steady and ride out storms
    WASHINGTON - Tighten your seat belt. Federal Reserve Chairman Ben Bernanke and his colleagues are doing just that as they prepare to ride out economic and financial storms by holding their most important interest rate steady this week and probably through the rest of this year.   Nations:U.S.   People:Ben Bernanke Barack Obama John McCain   Activities:Lehman Brothers Bankruptcy 2008 U.S. Recession   2008-09-14

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