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Economy

 

Date Link Article
December 10, 2008 Oversight panel to Treasury: Help homeowners
CNNMoney
The Treasury Department must do more to rescue struggling homeowners and ensure that the money it's using to bail out banks is working, according to a draft report...
December 05, 2008 Foreclosures soar 76% to record 1.35 million
CNNMoney
Foreclosure rate hits nearly 3% in the third quarter, while another 7% of borrowers fell behind on their mortgages.
December 03, 2008 Record number of Americans using food stamps
Reuters
Food stamps, the main U.S. antihunger program which helps the needy buy food, set a record in September...
December 02, 2008 Japan's car industry 'in freefall'
Telegraph (UK)
Japan's car industry - the sector upon which much of the country's export wealth has been traditionally based - is "in freefall,"...
November 28, 2008 Pension lifeboat may be sunk by wave of firms being liquidated
Guardian
A government-sponsored pension lifeboat scheme could be overwhelmed by a wave of liquidations, experts warned yesterday after the collapse of Woolworths.
November 28, 2008 Sales gridlock puts manufacturers in a state of panic
Guardian
Shutdowns planned at factories across continent. Companies see biggest crisis in 60 years
November 28, 2008 Meltdown far from over, new mortgage crisis looms
Associated Press
Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis.
November 28, 2008 Japan industry: 'Unprecedented' decline
CNNMoney
Country's industrial production plummets as slowing world economy weighs on exports.
November 28, 2008 European unemployment soars
CNNMoney
Unemployment in the 15 nations that share the euro shot up to 7.7% in October - the highest level in two years - as growth dropped sharply...
November 27, 2008 Thai economy braces for fresh blow
CNNMoney
Shutdown of country's main airport [by protesters] could have devastating effect on tourism and other vital components of economy.
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