Economy Aug 19

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Wholesale Inflation Rises, Home Construction Falls

Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, while construction of homes and apartments fell to the lowest level in more than 17 years, the government reported Tuesday.

Apr 30

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Federal Reserve Trims Key Interest Rate

In a smaller move than in past months, the Federal Reserve cut a key interest rate by a quarter percentage point Wednesday in what could be the last in a line of reductions aimed at boosting an economy hit hard…

Nov 29

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U.S. economic news hit a downbeat note Thursday as the White House lowered its outlook for 2008 and a mortgage research company announced that last month's foreclosure filings nearly doubled those in October 2006.

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