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- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
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- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
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Latest Nigel Gault Items
The nation's unemployment rate ticked up to 9 percent last month despite strong growth of 244,000 in new jobs, the Labor Department reported Friday morning.
Standard & Poor's Corp., one of Wall Street's top ratings agencies, put the United States on notice Monday that it may lose its gold-plated AAA rating if it does not act quickly to pare down deficits ranging over $1 trillion for years to come.
Signs of a strengthening job market sent Wall Street stocks soaring Thursday, inspiring hopes that the U.S. economy will see robust growth this year despite surging oil prices.
Inflation is making a quick comeback after touching the lowest levels in decades last fall.
The economy and markets got off to a strong start in the new year as signs emerged Monday of gains in manufacturing, construction and employment.
The Dow Jones Industrial Average is back over 11,000, corporations are flush with $2 trillion in cash, growth has held up for more than a year, and interest rates are at record lows. But none of that does much to cheer the average voter.
The worst recession since the Great Depression ended more than a year ago, the nation's official scorekeeper declared Monday, but the aftershocks from the once-in-a-century event continue to reverberate through the economy and people's lives.
Sales of existing homes plummeted 27.2 percent to a 15-year low last month despite record-low mortgage rates, shocking markets and heightening worries that housing's steep slide will drag the rest of the economy back into recession.
The deep recession and widespread joblessness appear to have taught Americans an important lesson about living within their means and setting aside more money for economic emergencies.