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President-elect Barack Obama called the latest U.S. job losses on Friday "a stark reminder of how urgently action is needed" to revive the nation's staggering economy. He said he was open to fresh ideas from Congress. ...more
January 9, 2009
Pink slips are piling higher as companies scramble to cut costs even deeper to survive the country's economic and financial storms. ...more
January 8, 2009
Stocks Extend Advance In Year's Final Session NEW YORK (AP) - Wall Street saw a merciful end to a dreadful year Wednesday as stocks closed the last session of 2008 with a sizable advance. ...more
January 4, 2009
Wall Street saw a merciful end Wednesday to a dreadful year as stocks closed the last session of 2008 with a sizable advance. ...more
January 1, 2009
With the economy teetering and thousands of Floridians and other Americans losing their jobs, three Florida members of Congress say they would vote to give up their automatic $4,700 pay raise next year. ...more
December 25, 2008
New claims for unemployment benefits rose more than expected last week, the government said Wednesday. ...more
December 25, 2008
With the economy teetering and thousands of Floridians and other Americans losing their jobs, three Tampa Bay members of Congress say they would vote to give up their automatic $4,700 pay raise next year. ...more
December 24, 2008
Consumers cut back on spending at retail stores for a record fifth straight month in November, another sign the recession that is already the longest in a quarter-century will translate into a dismal holiday shopping season. ...more
December 13, 2008
As the number of unemployed consumers climbs, Wall Street analysts say restaurant sales, profits and stock prices are likely to drop, leading to even more layoffs in the restaurant industry. ...more
December 6, 2008
A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy. ...more
December 6, 2008
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