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Yahoo - US Economy

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Economy News
Updated: 51 min 37 sec ago

Jobless claims drop from 7-year high (AP)

Thu, 10/09/2008 - 18:26
AP - New applications for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, though they remain at elevated levels that indicate recession.
Categories: Economy

Japan's core machinery orders plunge in August (AP)

Thu, 10/09/2008 - 07:44
AP - A key barometer of corporate capital spending in Japan plunged in August to its lowest level in more than five years, the government said Thursday, as business investment retreated sharply amid fears of a broader global slowdown.
Categories: Economy

Retirement accounts have lost $2 trillion (AP)

Tue, 10/07/2008 - 23:45
AP - Americans' retirement plans have lost as much as $2 trillion in the past 15 months, Congress' top budget analyst estimated Tuesday.
Categories: Economy