Consumer borrowing drops $14.8B in September
AP - 16 hours ago

WASHINGTON (AP) - Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.

What recovery? Unemployment shoots past 10 percent
AP - 17 hours ago

WASHINGTON (AP) - Just when it was beginning to look a little better, the economy relapsed Friday with a return to double-digit unemployment for only the second time since World War II and warnings that next year will be even worse than previously thought.

Wholesale inventories fall, sales grow in Sept.
AP - 20 hours ago

WASHINGTON (AP) - Businesses cut inventories at the wholesale level for a record 13th consecutive month in September, but sales rose for a sixth straight time.

October sales offer relief to merchants
AP - 1 day ago

NEW YORK (AP) - October's retail sales results, the best performance since April 2008, show that Americans are spending a little more. But will they be willing to pay full price this holiday season?

Jump in productivity puts job creation in doubt
AP - 3 days ago

WASHINGTON (AP) - Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.

Treasury expects debt limit will be hit in Dec.
AP - 4 days ago

WASHINGTON (AP) - The Treasury Department now expects to hit the government's debt limit in December, two months later than its initial estimate, after scaling back an emergency loan program as the financial crisis abated.

September construction spending rises 0.8 percent
AP - 6 days ago

WASHINGTON (AP) - Construction spending in September posted a better-than-expected performance, powered by the largest jump in housing construction in more than six years.

First-time jobless claims drop less than expected
AP - 1 week ago

WASHINGTON (AP) - The number of people claiming jobless benefits for the first time dropped less than expected last week, evidence that the labor market remains weak even as the economy is recovering.

Metro jobless rates fall as more workers drop out
AP - 1 week ago

WASHINGTON (AP) - The unemployment rate fell in September in most metro areas for the second straight month, although that's largely because more people gave up on job searches than found new work.

New home sales fall a surprising 3.6 percent
AP - 1 week ago

WASHINGTON (AP) - Sales of new homes dropped unexpectedly last month as the effects of a temporary tax credit for first-time owners started to wane.