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Yahoo! News: Economy News Updated : Wed, 15 Oct 2008 18:37:42 GMT
August inventories up less than expected (AP) AP - Businesses increased their inventories in August by the smallest amount in five months, a possible indication of concerns about the slowing economy. Publ.Date: Wed, 15 Oct 2008 14:26:35 GMT Source: Yahoo.com
Payrolls drop by most in 5 years; more pain ahead (AP) AP - THE LATEST: Employers slashed 159,000 jobs in September, the most in more than five years and the ninth month in a row of nationwide job losses. So far this year, the economy has lost a staggering 760,000 jobs. Publ.Date: Fri, 03 Oct 2008 19:21:55 GMT Source: Yahoo.com
Wholesale prices drop for second straight month (AP) AP - The government says wholesale prices fell for the second straight month in September, driven by a sharp drop in energy costs. Publ.Date: Wed, 15 Oct 2008 12:36:28 GMT Source: Yahoo.com
Retail sales plunge 1.2 percent in September (AP) AP - Retail sales fell off a cliff in September, plunging by the largest amount in three years as worried consumers shunned the malls and auto showrooms in the midst of the country's financial meltdown. Publ.Date: Wed, 15 Oct 2008 15:36:32 GMT Source: Yahoo.com
Japan's core machinery orders plunge in August (AP) 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. Publ.Date: Thu, 09 Oct 2008 02:44:07 GMT Source: Yahoo.com
Fed: Economy sinks deeper into rut (AP) AP - The country has sunk deeper into an economic rut, the Federal Reserve reported Wednesday, reflecting mounting damage from the financial and credit crises. Publ.Date: Wed, 15 Oct 2008 18:37:42 GMT Source: Yahoo.com
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