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A proposal to offer federally subsidized mortgage rates as low as 4.5 percent could go a long way toward reviving the Phoenix metropolitan area's decimated housing market, according to analysts.
Stocks tumbled Friday morning after the government reported the economy lost 533,000 jobs in November - the biggest monthly decline in 34 years.
WASHINGTON -- China and the U.S. have pledged around EUR 15bn to boost global trade.
Associated Press - December 5, 2008 10:45 AM ET KINDERHOOK, N.Y. (AP) - State and federal officials gathered in an upstate New York cemetery to honor the nation's eighth president on the 226th...
U.S stocks on Friday tallied a second straight day of losses after the government reported a 553,000 drop in payrolls in November.
KINDERHOOK, N.Y. (AP) -- State and federal officials gathered in an upstate New York cemetery to honor the nation's eighth president on the 226th anniversary of his birth.
WASHINGTON (AP) — Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.
NEW YORK/LONDON (Reuters) - The U.S. economy haemorrhaged more than half a million jobs in November, data showed on Friday, underscoring the depth of a global recession that this week prompted historic interest rates worldwide.
NEW YORK (AP) — News of a rapidly weakening job sent stocks falling today as investors feared that the recession will be deeper and more prolonged than many have expected.
NEW YORK -- News of a rapidly weakening job sent stocks falling Friday as investors feared that the recession will be deeper and more prolonged than many have expected. The major indexes were all down more than 2 percent and...
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