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Tag Archives: americans

U.S. household wealth takes biggest hit since 2008

WASHINGTON — Americans’ wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and home values lost value. At the same time, corporations increased their cash stockpiles to record levels. Household net worth ...

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Consumers borrow more in Oct. as economy improves

WASHINGTON — Americans stepped up their borrowing in October to buy cars and attend college, and they also charged a little more to their credit cards. The second straight monthly gain in overall borrowing suggests consumers are growing more confident ...

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Claims for unemployment aid dip but remain high

WASHINGTON — The number of Americans seeking unemployment benefits dipped slightly last week, though not by enough to suggest that hiring is picking up. Weekly applications for unemployment benefits declined 2,000 to a seasonally adjusted 402,000, the Labor Department said ...

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U.S. economy added 103,000 jobs in September

WASHINGTON — The United States added 103,000 jobs in September, an improvement over this summer and just enough to calm fears of a new recession that have hung over Wall Street and the nation for weeks. The Labor Department also ...

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Fewer people applied for unemployment benefits

WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week, an encouraging sign that layoffs are easing. Weekly applications dropped 37,000 to a seasonally adjusted 391,000, the Labor Department said Thursday. That’s the lowest level since April ...

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