House approves credit card legislation

Filed Under (Economic) by on 30-04-2009

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

No bankruptcy help for homeowners

Filed Under (Economic) by on 30-04-2009

The Obama administration lost a bid to add a powerful weapon in its fight against foreclosure Thursday, after the Senate voted down a proposal to allow bankruptcy judges to modify mortgages.

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

Chrysler’s factories: A fate uncertain

Filed Under (Economic) by on 30-04-2009

With Chrysler declaring bankruptcy, what may happen to the storied carmaker's 22 U.S. plants and thousands of workers is an open question.

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

Obama’s success: It’s all about 2010

Filed Under (Economic) by on 30-04-2009

President Obama has said if the economy doesn't turn around on his watch, voters won't give him a second term.

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

Lowest employment cost growth on record

Filed Under (Economic) by on 30-04-2009

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

Jobless claims fall unexpectedly

Filed Under (Economic) by on 30-04-2009

The number of initial claims for unemployment insurance fell last week, with the number of people collecting benefits overall hitting a fresh record high of 6.27 million, according to a U.S. government report released Thursday.

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

Obama says he’s fighting for economy

Filed Under (Economic) by on 29-04-2009

President Obama is expected to use a prime-time news conference Wednesday to tout his efforts to rebuild the economy in his first 100 days in office, while reminding the public that the pain of the downturn will continue for some time.

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

Fed: Economy weak, but improving

Filed Under (Economic) by on 29-04-2009

The Federal Reserve said Wednesday that it believes the U.S. economy is getting worse, but the pace of decline has slowed and the outlook has improved.

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

Read the Fed’s statement

Filed Under (Economic) by on 29-04-2009

The following statement was posted on the Federal Reserve Web site on April 29, 2009:

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

GDP: Not as dismal as it looks

Filed Under (Economic) by on 29-04-2009

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

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