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Monday, March 22, 2010
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Financial Crisis
U.S. Job Losses Spike in June, Dampen Recovery Hopes
Jul 2, 2009, 6:00 pmThe U.S. cut more jobs than expected last month and unemployment hit 9.5 percent, the highest in nearly 26 years.
U.S. Home Sales Rise, Manufacturing Morale Perks Up
Jun 23, 2009, 11:00 pmSales of previously owned U.S. homes rose for a second straight month in May but were weaker than expected.
World Bank Sees Steeper Global Economy Contraction
Jun 11, 2009, 7:00 pmThe global economy will contract more than initially thought, given rising unemployment, the World Bank says.
May Foreclosures Third Highest in Month on Record
Jun 11, 2009, 5:00 amU.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace.
Obama: Slower Job Losses an Encouraging Sign
Jun 8, 2009, 5:00 pmPres. Obama said that even though he remains concerned about the economy, the latest jobs report was encouraging.
U.S. Jobless Claims Fall Again, Productivity Rises
Jun 4, 2009, 5:00 pmFewer U.S. workers filed new claims for jobless benefits for a third straight week last week and productivity rose.
GM, Chrysler Say Dealer Cuts Crucial to Turnaround
Jun 3, 2009, 7:00 pmGM and Chrysler told Congress that eliminating more than 2,300 dealerships was crucial to saving the companies.
Bernanke Warns on Deficits as Treasury Rates Rise
Jun 3, 2009, 5:00 pmFederal Reserve Chairman Ben Bernanke warned that rising U.S. debt could eventually undermine the economy.
UAW Ratifies New GM Labor Agreement
May 29, 2009, 6:00 pmThe United Auto Workers union has overwhelmingly ratified a new cost-cutting labor agreement with General Motors Corp.
U.S. Economy Contracts Less in Q1, Profits Rebound
May 29, 2009, 5:00 pmThe U.S. economy contracted less than initially estimated in the first quarter, while corporate profits rebounded.
