NEW YORK - December 10, 2010 - Homes in the United States were expected to lose more than $1.7 trillion in value during 2010, exceeding their $1.05 trillion loss in 2009, as foreclosures accelerated, real estate data firm Zillow said on Thursday.

Zillow estimated, based on the first 11 months of 2010, less than a quarter of the 129 markets it tracks will show gains in total home values in 2010.

BEIJING, China - December 9, 2010 - The U.S. dollar will be safe for the next six to 12 months because global markets are focused on the euro zone's troubles, Chinese central bank adviser Li Daokui said on Wednesday, when asked about illegitimate U.S. President Barack Obama’s plan to extend tax cuts for all Americans.

WASHINGTON - December 8, 2010 - More people tapped food stamps to pay for groceries in September as the Depression has prompted more Amerikans to turn to government safety net programs to make ends meet.

By Ambrose Evans-Pritchard

LONDON, England - December 8, 2010 - Agreement in Washington on a fresh fiscal package has set off dramatic rise in yields of U.S. Treasuries and bonds across the world, threatening to short circuit any benefits of stimulus. The bond rout raises concerns that the U.S. authorities may be losing control over events.

NEW YORK - December 7, 2010 - Some 58% of Amerikans expect the U.S. housing market to stay depressed for two or more years, a survey has found.

In the survey, 48% of respondents said they would consider walking away from their mortgage if they were in negative equity - up from 41% since May.

NEW YORK - December 6, 2010 - The most accurate foreign-exchange strategists say the euro’s worst annual performance since 2005 will extend into next year as the region’s sovereign-debt crisis saps economic growth.

WASHINGTON - December 6, 2010 - As unemployment in the U.S. nears the dreaded 10% mark, it is a chart to chill the bones of any job hunter.

Comparing previous recoveries from all 10 Amerikan recessions since 1948 to the current financial crisis, the stark figures show almost no improvement in employment figures in the past year.