November 19, 2009
Geithner says some bailout funds to help lower deficit
Treasury Secretary Timothy Geithner said Thursday the government’s $700 billion bailout program will end “as soon as we can,“ and that part of it will be used to lower the record deficit.
Leading economic indicators signal slow growth
A private forecast of economic activity over the next six months edged up less than expected in October, signaling slow, bumpy growth next year.
New jobless benefit claims unchanged at 505,000
The number of newly laid-off workers seeking unemployment insurance was unchanged last week, while those continuing to claim benefits dipped.
November 18, 2009
Weak home building a drag on economic recovery
The weak figures show that builders still lack confidence that buyers can soak up the glut of unsold homes already on the market — a supply magnified by a record number of home foreclosures.
Consumer prices up 0.3 percent in October
Consumer prices edged up faster than expected in October, driven higher by another increase in energy prices and the biggest jump in new car prices in 28 years.
November 13, 2009
Trade deficit widens more than expected in Sept.
The U.S. trade deficit widened more than expected in September as foreign oil prices rose to the highest level in nearly a year, swamping a fifth consecutive gain in exports.
November 12, 2009
Jobless claims fall more than expected to 502,000
New claims for unemployment insurance fall more than expected last week, evidence the job market is slowly healing as the economy recovers.
November 10, 2009
U.S. third-quarter home sales increase 11 percent
Median sales prices of existing homes declined in 123 out of 153 metropolitan areas compared with the same period a year ago. Prices rose in the other 30 cities.
November 06, 2009
Wholesale inventories fall, sales grow in Sept.
Businesses cut inventories at the wholesale level for a record 13th consecutive month in September, but sales rose for a sixth straight time.
Jobless rate tops 10 percent for first time since 1983
The unemployment rate has surpassed 10 percent for the first time since 1983. Nearly 16 million people can’t find jobs and employers cut a net total of 190,000 jobs last month, the Labor Department says.
November 04, 2009
Toyota pulling out of Formula One to cut costs
Toyota is pulling out of Formula One racing, the world’s largest automaker announcing Wednesday that it needs to cut costs and focus on its core business.
November 03, 2009
Factory orders rise 0.9 percent in September
Fifth increase in six months bolstered hopes that a revival in manufacturing will help support an overall economic recovery. The worry is that if consumer spending falters in coming months, orders will slump again.
November 02, 2009
3 strong economic reports lift hopes for recovery
Hopes for the fledgling economic recovery got a boost today from better-than-expected news on manufacturing, construction and contracts to buy homes.
President says private, public sectors must create jobs
President Barack Obama says the public and private sectors must find more ways to create jobs to continue the U.S. climb out of an economic recession.
U.S. manufacturing posts largest increase since April ‘06
A private measure of U.S. manufacturing activity grew in October at the fastest pace in more than three years, helped by government spending and higher demand from overseas. The better-than-expected reading is a positive signal for the fledgling economic recovery.

