Highlights
A collection of news and information related to Economy published by Tribune Company sources.
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Jobless rate up, signals 'R' word
Chicago Tribune reporterThe nation's jobless rate jumped to 6.1 percent in August—its highest level in five years—as U.S. employers accelerated workforce cuts in response to weakening economic conditions. The Labor Department reported Friday that employers chopped...Tags: Business, Wages and Pensions, Employers, August, Machine Manufacturing
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Crude Prices Lowest In 5 Months
Associated PressOil prices sank to a five-month low Friday as a jump in the U.S. unemployment rate signaled to traders that Americans might keep paring their energy use to save money. The Labor Department said the unemployment rate spiked to 6.1 percent from 5.7 percent...Tags: Commodity Markets, Energy Saving, Petroleum Industry, Unemployment, Energy Resources
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Dow drops more than 340 on retail sales reports, jobless data
The Associated PressWall Street plunged today, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. The market was...Tags: Gold and Precious Material, Gymnastics, Commodity Markets, Gap Inc., Stocks
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SIU-Carbondale enrollment slips; economy blamed
Southern Illinois University says fall enrollment at its flagship Carbondale campus is down and the struggling economy may be to blame for some of it. Interim Chancellor Samuel Goldman says enrollment is down 1.5 percent to 20,673. That's a decrease... -
Business Briefing - September 5, 2008
DOLLAR HITS YEARLY HIGH AGAINST THE EURO NEW YORK | The dollar rose to a 2008 high against the euro and a fresh 28-month high against the pound Thursday after the European Central Bank held its interest rate steady and cut growth forecasts for the euro...Tags: Central Bank, Yahoo! Inc., Petroleum Industry, Market and Exchange, Diplomacy
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Wall Street bummer
Of The Associated PressWall Street plunged Thursday, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. The market...Tags: Gold and Precious Material, Gymnastics, Business, Gap Inc., Stocks
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Multinationals offset feeble sales at home
Dow Jones NewswiresU.S. multinationals have been raking in money from around the world lately, a welcome offset to depressed sales at home. That's why the strengthening dollar and recent news of weakening economies overseas are bad omens for the future of U.S. corporate...Tags: Annual Reports, International Relations, Personal Finance, Quarterly or Semiannual Financial Statements, Diplomacy
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Barack Obama, ''Not ready to lead:' RNC
The Swampby Mark Silva ST PAUL - While Republicans stage their convention here in St. Paul, the presidential campaign battle rages in states such as Michigan, where the GOP's John McCain hopes to make Democrat Barack Obama pay for a struggling......Tags: Barack Obama, Republican National Conventions, Plant Closings, Petroleum Industry, John McCain
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As Gustav passes, oil drops to five-month low
Associated PressOil prices plunged to the lowest level in five months yesterday, falling to within sight of $100 a barrel on signs that Hurricane Gustav only grazed U.S. energy infrastructure in the Gulf of Mexico. Light, sweet crude for October delivery fell $5.75 to...Tags: Commodity Markets, Petroleum Industry, Disasters, Energy Resources, Natural Disasters
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Dear Recession: You're not so bad
Dear Recession, There has been quite a bit of commentary about you recently, nearly all of it bad. Just about everyone wants to see you gone. But I believe that where the business cycle is concerned, if you cannot be with the one you love, you should...Tags: Monuments and Heritage Sites, Studs Terkel, Imports, Society, Homes
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Oil Prices Inch Lower Despite Inactivity In Gulf
Oil prices inched lower Wednesday as a stronger dollar and slowing demand for crude overshadowed an almost total shutdown of energy output in the Gulf of Mexico after the passage of Hurricane Gustav. Light, sweet crude for October delivery fell 36 cents,...Tags: Commodity Markets, New York Mercantile Exchange, Hurricane Gustav, Energy Saving, Petroleum Industry
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Immigrants squeezed as Spain's boom turns to bust
Los Angeles Times Staff WriterLured by the promise of wealth in a booming economy, immigrants from North Africa, Latin America and other regions flocked to Spain in the last decade, quickly becoming Exhibit A in the Mediterranean nation's remarkable success story. But the surging...Tags: Business, Mortgages, Property, August, Migration
Sep 6, 2008
|Story| Chicago Tribune
Sep 6, 2008
|Story| Associated Press
Sep 4, 2008
|Story| Associated Press
Sep 4, 2008
|Story| Associated Press
Sep 5, 2008
|Story| Allentown Morning Call
Sep 5, 2008
|Story| Allentown Morning Call
Sep 5, 2008
|Story| Chicago Tribune
Sep 4, 2008
|Blog| Chicago Tribune
Sep 3, 2008
|Story| Baltimore Sun
Sep 2, 2008
|Story| Baltimore Sun
Sep 4, 2008
|Story| Hartford Courant
Sep 4, 2008
|Story| Los Angeles Times
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