Jabil Is Cutting Work Force, Has Lawsuit Dismissed St. Petersburg electronics manufacturer Jabil Circuit Inc. said Wednesday that it is curtailing its capacity in parts of the world and will trim 3,000 jobs from its work force of 85,000 to match declining customer demand in the midst of the global recession. ...more

January 29, 2009

In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the young administration's plan to revive a badly ailing economy. ...more

January 29, 2009

Rates on 30-year-fixed mortgages dropped this week to their lowest levels in at least 37 years, as the Federal Reserve pledged to pour money into the mortgage market in an effort to spur the moribund U.S. housing market. ...more

December 19, 2008

The Federal Reserve cut its target for a key interest rate to the lowest level on record Tuesday and pledged to use "all available tools" to combat a severe financial crisis and prolonged recession. STORY, Page 13 ...more

December 17, 2008

Just a day after the Federal Reserve dropped its key short-term interest rate to 1 percent - matching the generational low reached in 2003-04 - the betting is intensifying on another cut. ...more

November 2, 2008

The policy debate within the Federal Reserve is growing sharper. On one side is Fed Chairman Ben S. Bernanke, who is opposed to raising interest rates even though consumer prices have gone up 5 percent over the past year. ...more

July 30, 2008

We've all been so focused on whether we are officially in a recession that we may not have paid enough attention to the creeping threat of inflation. ...more

July 13, 2008

Rates on 30-year mortgages rose again this week, climbing to the highest level in more than nine months, reflecting more concerns about how the Federal Reserve will respond to higher inflation pressures. ...more

June 27, 2008

The Federal Reserve decided on Wednesday to leave a key interest rate unchanged and cited a heightened risk of inflation, which could lead to rate increases down the road. Private analysts said the Fed might delay the first rate increase until December. ...more

June 26, 2008

"Just Do It," one of Nike's ad slogans, might also be something the government should use to encourage consumers to spend their expected tax rebates. ...more

February 6, 2008