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  • Consumers Using Tax Rebates for Bills, Savings Wednesday, 7 May 2008 | 10:20 AM ET
    Tax Refund Check

    The first batch of U.S. taxpayers has already started to receive their federal tax rebates as part of the economic stimulus package, but very few consumers interviewed by Reuters in the past week said they plan to spend them on anything other than necessities.

  • US Credit Crisis Is Easing, Merrill CEO Thain Says Wednesday, 7 May 2008 | 9:55 AM ET

    The U.S. credit crisis is easing and the risk in housing is dramatically lower now, but economic growth will remain under pressure , the CEO of Merrill Lynch said.

  • Productivity Gains More Than Expected Wednesday, 7 May 2008 | 8:35 AM ET
    Manufacturing Cars

    US businesses cut back sharply on worker hours during the first three months of this year as the economy slowed, driving up productivity to a higher-than-expected 2.2 percent annual pace.

  • Paulson Says Markets Emerging From Crunch: WSJ Tuesday, 6 May 2008 | 10:10 PM ET

    U.S. Treasury Secretary Henry Paulson said U.S. financial markets are emerging from the credit crunch that many economists believe has pushed the country to the brink of recession, according to The Wall Street Journal.

  • US Factory Growth Seen "Marginal" in 2008: ISM Tuesday, 6 May 2008 | 1:10 PM ET

    U.S. manufacturing will see only "marginal" growth this year, according to an industry survey released Tuesday highlighting the difficulties facing the U.S. economy.

  • Martin Feldstein

    Martin Feldstein, head of  the National Bureau of Economic Research, told CNBC: "the odds are we will slide into a recession."

  • A View from the Top: What the CEOs are Saying Tuesday, 6 May 2008 | 7:38 AM ET

    Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Tuesday.

  • High Foreclosure Rates Hurt Broad Economy: Bernanke Monday, 5 May 2008 | 9:10 PM ET
    Federal Reserve Chairman Ben Bernanke.

    Federal Reserve Chairman Ben Bernanke on Monday said conditions in mortgage markets remain strained, posing a threat to the economy, and urged steps be taken to prevent home foreclosure where possible

  • Is the commodity play back? Energy and materials stocks were the sole leaders today. Oil hit new highs, as did gasoline. The dollar faltered, along with financials. Airlines were down big. Sounds like March!

  • Bush Says Rebate Checks Will Boost Ailing Economy Saturday, 3 May 2008 | 6:40 PM ET

    President Bush sought to assure Americans Saturday that federal checks en route to them as part of a stimulus plan will help spur the ailing economy and pay for soaring gas and food prices.

  • Stellar Week for Stocks; Buzz Boosts Yahoo Friday, 2 May 2008 | 5:20 PM ET

    Stocks closed mixed as profit-taking, oil's resurgence and downgrades on Sun put a lid on the post-jobs report rally.

  • Investors Take Profits; Sun Goes Down Friday, 2 May 2008 | 1:26 PM ET

    Stocks pulled back after rallying on better-than-expected April jobs report.

  • Reader Poll: Is This The Bottom? Friday, 2 May 2008 | 12:40 PM ET

    Fewer U.S. jobs were lost in April than economists feared and the unemployment rate unexpectedly improved...

  • Constrcution Worker

    I want to talk about a huge number: 457,000. That’s the number of construction jobs that have been lost since the sector peaked in September of 2006. What’s interesting to me about this number is that at the beginning of the downturn in housing we didn’t see a huge drop in construction jobs, primarily because workers moved from residential into commercial.

  • Consumer Bankruptcies Soar Nearly 48% in April Friday, 2 May 2008 | 11:36 AM ET
    debt collector

    Bankruptcy filings by U.S. consumers jumped 47.7 percent in April from one year ago as families cope with fallout from the subprime mortgage crisis, the American Bankruptcy Institute said.

  • Jobs Report Fuels Hopes Economy Has Hit Bottom Friday, 2 May 2008 | 10:50 AM ET
    Manufacturing Cars

    Fewer U.S. jobs were lost in April than economists feared and the unemployment rate  improved, raising hopes an economic downturn was not gathering steam.

  • UBS Seen Slashing Jobs with Big Quarterly Loss Friday, 2 May 2008 | 10:48 AM ET

    UBS shares rose over 5 percent on Friday on hopes the ailing Swiss bank will unveil job cuts next week to reverse breakneck expansion into investment banking which made it Europe's worst subprime victim.

  • Factory Orders Jump in March, Beating Forecasts Friday, 2 May 2008 | 10:10 AM ET

    New orders at U.S. factories jumped a much stronger than expected 1.4 percent in March, and durable goods orders for the month rose a revised 0.1 percent, a government report showed.

  • Wall Street Cheers April Jobs Report Friday, 2 May 2008 | 10:02 AM ET

    Stock index futures hovered around the unchanged mark Friday as investors waited for the latest employment numbers.

  • Jobs Numbers:  Breakdown by Sector Friday, 2 May 2008 | 9:36 AM ET

    The latest overall job loss numbers are much better than economists expected and still well below the six figure numbers seen in past recessions.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

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