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Yahoo! News: Economy News
Updated : Fri, 03 Jul 2009 19:33:02 GMT
U.S. home prices seen down over 40 percent: Barclays (Reuters)
Reuters - U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said.
Publ.Date : Thu, 02 Jul 2009 19:56:55 GMT
Dollar gains as US jobs report rattles markets (AFP)
AFP - The dollar found fresh momentum Thursday after a disappointing US unemployment report sent shockwaves through financial markets, pushing investors to safe havens.
Publ.Date : Thu, 02 Jul 2009 21:29:36 GMT
Meltdown 101: Unemployment by the Numbers (AP)
AP - How bad is the current recession? Here's one measure: the United States now has fewer jobs than it did nine years ago, even though the work force — the number of people either working or looking for work — has grown by 12.5 million people since then.
Publ.Date : Thu, 02 Jul 2009 21:36:01 GMT
Banks trim borrowing from Fed's emergency program (AP)
AP - Banks borrowed less from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, encouraging signs that some credit stresses are easing.
Publ.Date : Thu, 02 Jul 2009 20:46:46 GMT
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