New jobless claims rise more than expected!
WASHINGTON - October 1, 2009 - First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak.
State prepares for shutdown as budget deadline looms!
LANSING, Michigan - September 30, 2009 - With minutes to go before a midnight deadline state lawmakers failed to reach agreement on a budget deal, making a government shutdown likely.
Consumer confidence unexpectedly falls!
NEW YORK - September 29, 2009 - Amerikans' worries about job security flared up in September, causing a widely watched barometer of consumer confidence to dip unexpectedly and raising more concern about the upcoming holiday shopping season and providing a reality check for propagandists that suggest we are in an economic recovery.
U.S. income gap widens as poor take hit in Depression!
WASHINGTON - September 29, 2009 - The Depression has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Amerikans as rippling job layoffs ravaged household budgets.
Japan deflation deepens!
TOKYO, Japan - September 29, 2009 - Japanese core consumer prices fell a record 2.4% in August from a year earlier, as weak final demand adds to pressure from a slide in oil prices, raising questions about the Bank of Japan's view that deflation will not warrant more policy action.
AMBROSE EVANS-PRITCHARD: Merkel warns on spending cuts, fearing Depression era!
By Ambrose Evans-Pritchard
LONDON, England - September 28, 2009 - The era of cozy consensus in German politics is over. The election victor is arch-Thatcherite Guido Westerwelle, who led his pro-business Free Democrats to their best result ever with acerbic attacks on the welfare state and trade unions - which he called a "plague on our country".
LONDON, England - September 28, 2009 - The era of cozy consensus in German politics is over. The election victor is arch-Thatcherite Guido Westerwelle, who led his pro-business Free Democrats to their best result ever with acerbic attacks on the welfare state and trade unions - which he called a "plague on our country".
U.S. may collapse if China and Japan don't buy debt!
NEW YORK - September 28, 2009 - The U.S. is too dependent on Japan and China buying up the country's debt and could face severe economic problems if that stops, Tiger Management founder and chairman Julian Robertson told CNBC.
More Articles ...
- Job losses and early retirements hit Social Security!
- AMBROSE EVANS-PRITCHARD: Money figures show there's trouble ahead!
- Simmons plans to file for bankruptcy protection!
- Luxury hotels risk loan defaults!
- Citigroup considers shrinking branch network!
- AMBROSE EVANS-PRITCHARD: Spain tips into Depression!
- Teens lack jobs despite federal stimulus money!
- Depression could stall growth for seven years!
- Commercial real estate is next bubble to burst!
- FDIC may look to U.S. banks for funds!
- Iran replaces U.S. dollar with euro in foreign exchange!
- 42 states lose jobs in August!
- Kalifornia and Nevada hit record unemployment levels!
- Incomes of young people in nosedive!
- Big companies that are veering toward bankruptcy!
- Officials warn option mortgages about to explode!
- 86 percent of Amerikans believe Depression continues!
- Blockbuster more than doubles planned store closures!
- Projections suggest 200-300 more bank failures this year!
- AMBROSE EVANS-PRITCHARD: U.S. credit shrinks at Great Depression rate!
- U.S. foreclosure filings continue at record pace!
- Number of poor in U.S. climbs to 39.8 million!
- July trade deficit rises to $32 billion!
- Another wave of foreclosures looms!
- Gold jumps to 18-month high on weaker dollar!
- Post Office threat adds to U.S. property woes!
- Swiss topple U.S. as most competitive economy!
- China signals move away from U.S. dollar!
- UN conference calls for new global currency!
- U.S. banks lose collective 3.7 billion dollars in quarter!
- FDIC might sink into red by end of year!
- Ambrose Evans-Pritchard: Can the soufflé really rise again?
- Real U.S. unemployment rate at 16 percent!
- Senator warns of hyperinflation!
- State government to shut down for 12 days!
- Analyst predicts 150-200 more bank failures!
- Noted economist warns of double-dip Depression!
- Seized Texas bank sold to Spanish firm!
- Arizona's credit rating downgraded to negative!
- Frailty lingers in housing and producer price reports!
- Reader's Digest set to file for bankruptcy!
- Unemployment spike compounds foreclosure crisis!
- Tax bills put pressure on struggling homeowners!
- Resort offers $19 "survivor" package!
- Chinese stocks plunge almost 6 percent!
- Consumers don't share market optimism!
- An avalanche of insider stock selling!
- Consumer bankruptcies may hit 1.4 million by end of year!
- Foreclosures rise substantially over previous month!
- Retail sales dip more than expected while jobless claims rise!