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October Retail Sales Expected To Be Weak

Posted: 11/14/2008 - Consumers, the backbone of the economy, are taking a beating from the worst economic crisis in seven decades and there is little prospect of that letting up soon.

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October Budget Deficit Hits Record Of $237.2B

Posted: 11/14/2008 - The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system.

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Gas Under $2 In Greenville!

Posted: 11/14/2008 - It's a welcome sign for Eastern Carolina motorists--gas under $2 a gallon.

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Foreclosures Up 25 Percent: RealtyTrac

Posted: 11/13/2008 - U.S. foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points for the second consecutive month due to a state law slowing the foreclosure process, according to a monthly report by RealtyTrac.

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Congress Examines $700 Billion Rescue Program

Posted: 11/13/2008 - While the Bush administration shifts course on its $700 billion rescue plan, Congress is examining whether even bigger changes should be made in the program in light of the deteriorating economy and soaring mortgage foreclosures.

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Oil Falls To $55 On Grim US Economic Outlook

Posted: 11/13/2008 - Oil prices slid to near $55 a barrel Thursday in Asia as more bad economic news from the U.S. heightened fears of a severe global downturn that will pulverize demand for crude.

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Hard Economic Times And Spike In Crime

Posted: 11/13/2008 - There's no doubt this sour economy has had its effects on not only our wallet, but according to law enforcement in the east, the economy may also have a lingering impact on crime

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Wall Street Falls, Unable To Shake Economic Woes

Posted: 11/11/2008 - Wall Street caved in to its economic anxieties and closed lower Monday, giving up an early rally over a stimulus package in China and refocusing on the acute pullback in spending that is pummeling U.S. companies.

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FDIC Foreclosure Prevention

Posted: 11/12/2008 - With the downturn in the economy many homeowners are looking for ways to prevent their home from Foreclosure.

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Final State Quarter Released

Posted: 11/10/2008 - The coin representing the state of Hawaii is the 50th and final coin released in the series.

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Circuit City Files For Bankruptcy

Updated: 11/10/2008 - Circuit City Stores Inc. filed for bankruptcy protection on Monday but plans to stay open for business

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College Saving Tips

Posted: 11/10/2008 - College planning specialists have some tips on how you can control your student's college costs.

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Bush Team Keeping Obama "Up To Speed" On G20 Summit

Posted: 11/09/2008 - A Treasury Secretary official said Sunday that the Bush administration is keeping President-Elect Barack Obama's economic team "up to speed" on what will be discussed at the G20 Summit in Washington next weekend.

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Automakers Struggle To Survive Past Mistakes

Posted: 11/09/2008 - At Ford Motor Co. they called it "Blue," a team set up around the year 2000 to design an array of small, fuel-efficient cars to compete with the Japanese. It didn't get far because no one could figure out how to make money on low-priced compacts with Ford's high labor costs.

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Brazil's President Discusses Worldwide Financial Crisis

Updated: 11/08/2008 - Brazil's President, Luiz Inacio Lula Da Silva, said Saturday that big emerging nations must have a prominent role in fixing the world's troubled financial system because the poor are blameless victims of the economic turmoil.

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Administration Speeding Up On Economic Problems

Posted: 11/06/2008 - At a time when most administrations are slowing down, the Bush White House appears to be speeding up — at least when it comes to getting the $700 billion financial rescue program up and running.

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