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EconomyAnother white-knuckle day on Wall Street Bush calls for economic package worth about $145 billionSubmitted by WWAY on Fri, 01/18/2008 - 1:34pm.READ MORE:
President Bush is calling for about $145 billion worth of tax relief and other incentives to stimulate a sluggish economy. President Bush says if Congress passes an economic stimulus package, the country will be "just fine."
Full story... » NC unemployment rate jumps to 5 percent, following national trendSubmitted by WWAY on Fri, 01/18/2008 - 11:45am.READ MORE:
North Carolina's unemployment rate jumped to 5 percent in December, following a nationwide trend.
Full story... » Tax rebates could spark economySubmitted by WWAY on Thu, 01/17/2008 - 3:44pm.READ MORE:
Both President Bush and Federal Reserve Chairman Ben Bernanke are supporting calls for an economic stimulus package to avert recession. Bernanke says a plan should be aimed at quickly getting cash into the hands of people.
Full story... » New home construction falls 24.8 percent in 2007Submitted by WWAY on Thu, 01/17/2008 - 10:59am.READ MORE: Romney promises to save southern economySubmitted by WWAY on Thu, 01/17/2008 - 10:24am.READ MORE:
Republican presidential candidate Mitt Romney has exchanged his talk about laid off auto workers in Michigan for laid off textile workers in South Carolina.
Full story... » Economic news hints at recessionSubmitted by WWAY on Wed, 01/16/2008 - 6:08pm.READ MORE: More recession fears after retail sales reportSubmitted by WWAY on Tue, 01/15/2008 - 6:17pm.READ MORE:
Fresh signs are emerging that the U.S. economic slowdown may be intensifying. Retail sales fell in December for their worst showing in six months.
Full story... » Goldman Sachs predicts recessionSubmitted by WWAY on Wed, 01/09/2008 - 6:05pm.READ MORE:
Economists have been flirting with dire predictions for weeks. Today the world's most profitable securities firm, Goldman Sachs, predicted a recession.
Full story... » Housing market could pick up in 2008Submitted by WWAY on Fri, 01/04/2008 - 6:22pm.READ MORE:
Locally, 2008 could be the year the housing market picks up. Everybody has been talking about the housing market. Economists think it will bottom out later in the year and then pick up.
Full story... » Bush considers economic stimulusSubmitted by WWAY on Fri, 01/04/2008 - 6:20pm.READ MORE:
President Bush huddled with his top economic advisors today as new figures suggested a slowing US economy. Mr. Bush says he hopes to work with congress on a stimulus plan.
Full story... » NC unemployment rate drops to 4.7 percentSubmitted by WWAY on Fri, 12/21/2007 - 4:05pm.READ MORE:
North Carolina's unemployment rate dropped for the second consecutive month to 4.7 percent in November.
Full story... » More in NC moving to non-profit sectorSubmitted by WWAY on Wed, 12/19/2007 - 7:00pm.READ MORE: In this changing and challenging economy, a new report says more North Carolinians are going to work in the non-profit sector.
Full story...Fed aims to protect Americans from shady loan practicesSubmitted by WWAY on Tue, 12/18/2007 - 7:30pm.READ MORE: Recent lending practices, particularly for some mortgages, have been called everything from dishonest to outright dangerous.
Full story...Report: Drought costs 2007 agriculture economy $573 millionSubmitted by WWAY on Mon, 12/17/2007 - 2:57pm.READ MORE:
A new report said the state's drought will cost North Carolina's agriculture economy $573 million in 2007.
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