Search results for

The nation's unemployment rate shot up to 7.2 percent last month. It's the highest level in nearly 16 years. Governments and businesses cut more than half a million jobs in December. For all of 2008, the economy lost 2.6 million jobs.

The government said Friday the economy shrank at an annual rate of 6.2 percent. Meanwhile, the Treasury Department announced it is converting some preferred shares it owns in Citigroup to common stock, a move that helps stabilize the bank, but increases risks for taxpayers.

The downpours and flooding blocked roads, floated vehicles and delayed the Florida Panthers on their way to Stanley Cup games in Canada against the Edmonton Oilers.

Economists had expected better news. Private payrolls grew by just 57,000. Cuts at government agencies pulled the overall figure down even more. Previous months' job growth figures were revised down.

The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.

The court by a vote of 6-3 ruled that those challenging the government's interaction with social media companies lacked legal standing to sue.

More inventory hitting the market was expected to drive sales. Instead, existing home sales suggest a continued slump in the housing market, with mortgage rates hurting affordability.

More calls for justice came Wednesday at a funeral for 28-year-old Irvo Otieno, who died March 6 while in police custody at a psychiatric hospital in Virginia.

Three women who tried bowling to beat the winter blahs had no idea it would evolve into an institution: Denver's Blind Bowling League. (Story aired on Weekend Edition Saturday on Jan. 6, 2024.)

The decision firmly rejected the executive order that Trump issued on the first day of his second term.