Businesses trim inventories by 0.2 pct in December
Thursday, March 17th, 2011Businesses reduced inventories in December, a sign that they remain cautious about the strength and durability of the economic recovery.
Jobs, prices data flag hurdles for economy
Thursday, March 17th, 2011The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.
Strong growth in Q4 likely to slow throughout 2010
Thursday, March 17th, 2011Don’t count on the economic growth spurt at the end of 2009 to carry into this year.
Lone holdout gives in, Senate OKs jobless benefits
Thursday, March 17th, 2011Putting a lone senator’s cantankerous challenge behind it, the Senate is back to work on a $100 billion-plus bill reviving popular tax breaks and extending longer and more generous jobless benefits through the end of the year.
Record low mortgage rates spur high interest in refinancing, sales
Wednesday, March 16th, 2011Interest rates are falling to hitherto-unseen lows, thanks to a persistently volatile stock market and the ongoing debt crisis in Europe.
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