Americans keep tighter grip on cash

Filed Under (Economic) by admin on 24-12-2008

In a troubling sign that consumers are retrenching this holiday season, consumer spending and orders for durable goods fell further in November, according to government reports released Wednesday.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Unemployment claims highest since ‘82

Filed Under (Economic) by admin on 24-12-2008

The number of Americans filing for first-time unemployment benefits rose to a new 26-year high last week, according to a government report released Wednesday.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Save energy, save the economy

Filed Under (Economic) by admin on 24-12-2008

It looks like America may be getting a whole lot more energy efficient as part of any new stimulus plan.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Mortgage applications soar as rates fall

Filed Under (Economic) by admin on 24-12-2008

Near record low mortgage rates sent mortgage applications shooting higher last week, especially for refinances, according to an industry report.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Final holiday push: Empty stores

Filed Under (Economic) by admin on 24-12-2008

Foot traffic plummeted at stores this Saturday compared to last year but sales increased slightly, suggesting that shoppers are making fewer, more efficient trips for their holiday buying, according to a report released Tuesday.

Original post by Economic news - CNNMoney.com and software by Elliott Back

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