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  • First-time jobless claims drop slightly

    March 18, 2010 9:51 AM

    The number of newly laid-off workers requesting jobless benefits fell slightly last week for the third straight week. But initial claims remain above levels that would signal net job gains. The Labor Department says new claims for unemployment insurance fell 5,000 to a seasonally adjusted 457,000. That nearly matched... more »
  • New home sales fall to record low

    February 24, 2010 4:25 PM

    Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades. The Commerce Department reported Wednesday that new home sales dropped 11.2 percent last month to a seasonally adjusted annual... more »
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