Archive for June 6th, 2008

Supreme Court justices sell off stocks

Friday, June 6th, 2008
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Democrats revive economic stimulus push

Friday, June 6th, 2008
The dismal jobs report on Friday has prompted renewed calls for a second congressional effort to stimulate the economy.

Dow tumbles 395 points on oil spike

Friday, June 6th, 2008
Stocks tanked Friday, with the Dow industrials shedding 395 points, after oil prices spiked more than $11 a barrel and the May jobs report showed a big jump in the unemployment rate.

Consumer debt jumps $8.9 billion

Friday, June 6th, 2008
Americans' personal debt jumped to a more-than-expected $2.6 trillion in April, according to a report from the Federal Reserve released Friday.

Jobless rate spikes

Friday, June 6th, 2008
A spike in the unemployment rate - the biggest in more than two decades - raised new concerns Friday that a weak labor outlook, high oil prices and continuing woes in the housing and credit markets are leading the U.S. economy into a painful recession.

Wall Street shakes as Dow sinks 300 points

Friday, June 6th, 2008
Stocks tanked Friday afternoon, with the Dow industrials shedding over 300 points after oil prices spiked more than $11 a barrel and the May jobs report showed a big jump in the unemployment rate.

‘Stimulus may be working’ - Bush

Friday, June 6th, 2008
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Bush considers new economic measures

Friday, June 6th, 2008
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Racing blues, despite Big Brown

Friday, June 6th, 2008
Horse racing fans are likely to flock to Belmont Park in record numbers Saturday to see Big Brown take a shot at history.

Jobless spike deepens economic pain

Friday, June 6th, 2008
A spike in the unemployment rate - the biggest in more than two decades - raised new concerns Friday that a weak labor outlook, high oil prices and continuing woes in the housing and credit markets are leading the U.S. economy into a painful recession.