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  • Banks Stingier With Loans To Consumers, Businesses Monday, 5 May 2008 | 3:13 PM ET

    US banks kept tightening lending standards and terms for both business and consumer loans over the past three months out of concern about a weakening economic outlook.

  • 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.

  • 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.

  • Fresh off its strongest month in nearly a year, the dollar looks set to extend its rally next week on signs the Fed is on hold after seven months of aggressive interest rate cuts.

  • 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.

  • 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.

  • Dow Closes Above 13000 as Oil Recedes Thursday, 1 May 2008 | 5:24 PM ET

    Stocks continued to rally, pushing the Dow Jones Industrial Average past 13,000.

  • Friday's Jobs Report Likely To Bring More Bad News Thursday, 1 May 2008 | 4:44 PM ET

    Investors are anticipating another gloomy reading on U.S. employment on Friday, though market reaction may be somewhat muted.

  • Financials, Techs Lead Rally; Oil Recedes Thursday, 1 May 2008 | 3:08 PM ET

    Stocks continued to rally, pushing the Dow Jones Industrial Average past 13,000.

  • Pimco's Gross: Fed Could Learn from European Banks Thursday, 1 May 2008 | 2:30 PM ET
    Bill Gross

    Europe's central banks should serve as an example to the Federal Reserve of how to manage an economy suffering through stagnation and liquidity issues, Pimco's Bill Gross told CNBC/Europe.

  • Builders Facing Facts: No Congressional Bail-Out Thursday, 1 May 2008 | 12:53 PM ET

    Yesterday I wrote about the rather uncomfortable situation of hundreds of home builders on Capitol Hill, asking lawmakers for help, after their association had brashly cut off Congressional contributions.

  • Tech Stocks Gain; Exxon Slides Thursday, 1 May 2008 | 11:49 AM ET

    The Dow industrials tilted higher Thursday after a better-than-expected reading on U.S. manufacturing activity. The Nasdaq moved solidly higher, however, as big-name tech stocks continued to draw interest.

  • Exxon Drags on Dow; Techs Advance Thursday, 1 May 2008 | 10:18 AM ET

    The Dow industrials wobbled Thursday as a rise in jobless claims rattled a few cages ahead of tomorrow's jobs report and ExxonMobil's $10.9 billion quarterly profit was -- wait for it -- a disappointment.  The Nasdaq moved solidly higher, however, as big-name tech stocks continued to draw interest.

  • Jobless Claims Jump, but Consumer Spending Up Thursday, 1 May 2008 | 7:43 AM ET

    The number of workers applying for jobless benefits surged last week, but personal spending in March was stronger than expected, government data  showed.

  • Fed Kills Rally but Dow Snaps Losing Streak Wednesday, 30 Apr 2008 | 5:15 PM ET

    Stocks finished slightly lower Wednesday as another rate cut and no indication from the Federal Reserve that it plans to stop anytime soon killed an earlier rally.

  • Analysis: The Fed's Baby Punch Bowl Steps Wednesday, 30 Apr 2008 | 3:46 PM ET
    Federal Reserve

    There are a lot of ways to describe what the Fed did today: it took the rate-cut punch bowl off the dining room table, but didn't pour out the punch. It took a baby-step towards neutral, not a grown-up step. That means it preserved the ability to cut if it needs to.

  • Stocks Pop After Fed Rate Cut, Then Fizzle Wednesday, 30 Apr 2008 | 3:10 PM ET

    Stocks advanced Wednesday after a slightly better-than-expected report on economic growth. General Motors shares jumped after the auto maker posted a smaller-than-expected loss.

  • Rate Cuts May Not End As Soon As Wall Street Thinks Wednesday, 30 Apr 2008 | 2:36 PM ET
    NYSE traders

    “The news on the economy is going to be pretty much unrelentingly bad in the next few months,” says one economist, who thinks the Fed may keep cutting after today.

  • TEXT: FOMC Statement Wednesday, 30 Apr 2008 | 2:18 PM ET
    The Federal Reserve headquarters in Washington, DC.

    The full statement released by the Federal Open Market Committee after its meetings held from April 29-30 on interest rate policy.