Tag Archive

Will Congress trim sub ’stimulus’ program?

In an era of high unemployment and no-growth defense budgets, the makers of the Virginia-class subs are playing up their ability to help restore buoyancy to the sinking U.S. economy.

Unemployment: Dealing with debt

Unemployment is at a 25-year high. If you’ve recently found yourself with a pink slip, here is some advice on how to manage your debt while you’re unemployed.

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Town Offers Glimpse Into Jobs Woes

The people seeking help in Lawrence, Mass., a mill-turned-jobs-center, offer a glimpse into the world of double-digit unemployment.

Stocks suffer their worst week since November

A late-day rally can’t undo the damage from earlier in the week. Unemployment hits a 25-year high. Apple slumps on a downgrade. Wells Fargo slashes its dividend. Coca-Cola will invest in China.

Stocks fall as jobless rate hits 25-year high

February’s jobs report shows a loss of 651,000 jobs, with the national unemployment rate hitting 8.1%. Wells Fargo slashes its dividend. Coca-Cola will invest in China.

Obama: Job figures justify stimulus package

President Barack Obama said Friday that the latest unemployment figures prove the necessity of his 7 billion economic stimulus plan.

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Unemployment rate hits 25-year high

February’s jobs report shows a loss of 651,000 jobs and a jobless rate of 8.1%. Wells Fargo slashes its dividend. Coca-Cola will invest in China.

Economy sheds 651,000 jobs

The unemployment rate rises to 8.1% in February, the highest in 25 years. Wells Fargo slashes its dividend. Coca-Cola will invest in China.