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Photo from Yahoo! Jobless claims data paint bleak picture for 2009
AP - The number of laid-off workers continuing to draw unemployment benefits bolted to 4.5 million in late December, and even more Americans are expected to join the ranks of the jobless in 2009.
Yahoo!  –  Dec 31, 2008 9:39 PM [GMT]  –  comment?
Jobless Claims Drop, Maybe Skewed By Holidays
The number of U.S. workers filing new claims for unemployment benefits fell by 94,000 last week, the biggest decline in 16 years. But analysts say the number was probably skewed by the holidays, when some people just didn't make the trek to unemployment offices.
NPR.org  –  Dec 31, 2008 8:39 PM [GMT]  –  comment?
Piggy banks fly off shelves in freshly frugal U.S.
Reuters - Recession-wary Americans embraced the virtues of thrift this Christmas, with stores reporting a clear rise in the popularity of piggy banks.
Yahoo!  –  Dec 31, 2008 7:34 PM [GMT]  –  comment?
Photo from Yahoo! US rescue averted 'financial collapse': Treasury
AFP - Massive rescue efforts by the US government and central bank in recent months helped avert a "financial collapse" and are working to stabilize the economy, a Treasury report said Wednesday.
Yahoo!  –  Dec 31, 2008 7:19 PM [GMT]  –  comment?
Mortgage rates drop to 37-year low
Reuters - Interest rates on U.S. 30-year fixed-rate mortgages dropped for a ninth consecutive week, reaching their lowest level in 37 years, according to a survey released on Wednesday by home funding company Freddie Mac.
Yahoo!  –  Dec 31, 2008 5:47 PM [GMT]  –  comment?
Photo from Yahoo! Jobless claims dive while mortgage rates ease again
Reuters - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market.
Yahoo!  –  Dec 31, 2008 5:38 PM [GMT]  –  comment?
Photo from Yahoo! Top Dell execs leave as PC maker restructures
Reuters - Two top Dell Inc executives recruited to help turn around the No. 2 PC maker are leaving as part of the second major staff shake-up in the two years since founder Michael Dell returned as CEO.
Yahoo!  –  Dec 31, 2008 5:15 PM [GMT]  –  comment?
Photo from Yahoo! AIG seeks change on loan terms: report
AP - American International Group Inc. is preparing to ask the Federal Reserve to relax rules on how bidders pay for assets as it tries to repay a $60 billion loan, according to a report in the Financial Times Wednesday.
Yahoo!  –  Dec 31, 2008 5:01 PM [GMT]  –  comment?
Photo from Yahoo! US jobless claims dip in holiday week
AFP - New US jobless claims fell by 94,000 in the past week to 492,000, the Labor Department said Wednesday in a report showing a struggling labor market.
Yahoo!  –  Dec 31, 2008 3:30 PM [GMT]  –  comment?
Photo from Yahoo! Cuba and US debate costs of the Revolution, 50 years on
AFP - Fifty years after the Cuban Revolution, the US government still accuses the Americas' only communist regime of doing irreparable harm, while Havana blames US trade sanctions for its economic ills.
Yahoo!  –  Dec 31, 2008 2:49 PM [GMT]  –  comment?