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Tag Archives: unemployment rate

Bernanke: With unemployment high, Fed can do more

JACKSON HOLE, Wyo. — Chairman Ben Bernanke sent a clear message Friday that the Federal Reserve will do more to help the still-struggling U.S. economy. His remarks seemed to leave two questions: What exactly will the Fed do? And when? ...

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U.S. retail sales disappointment weighs on markets

LONDON — A disappointing U.S. retail sales report weighed on stock markets Monday but helped the euro clamber off two-year lows against the dollar. The U.S. Commerce Department reported that retail sales fell 0.5 percent in June from the previous ...

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Employers add 80,000 jobs as economy struggles

WASHINGTON — The American job machine has jammed. Again. The economy added only 80,000 jobs in June, the government said Friday, erasing any doubt that the United States is in a summer slump for the third year in a row. ...

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Consumer confidence in the economy plunged in May

NEW YORK — Americans grew much gloomier about the economy in May, causing a critical measure of consumer confidence to suffer its biggest decline in eight months and ending a period of steady optimism. Worries about jobs, housing and the ...

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Eye Opener: O’Malley on ‘Meet the Press’

As a work group prepares to consider expanded gambling in Maryland in its first meeting next week, the developer of the Maryland Live! casino at Arundel Mills mall says the state is already facing slots over saturation. Here’s a few other ...

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Late payments on mortgages fall in 1Q nationwide; Md.’s increase

LOS ANGELES — The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level since 2009, according to a new report. Some 5.78 percent of the nation’s mortgage holders ...

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