AP
WASHINGTON - The economy is not growing as fast as the government first thought and the recovery still faces significant obstacles, including households nervous about spending and rising unemployment. Full Story »
AP
WASHINGTON - Sales of new homes are expected to post a modest increase in October, reinforcing data this week that showed the real estate market is regaining its footing after a dramatic collapse. Full Story »
AP
WASHINGTON - Consumers got back in the buying mood in October as their incomes grew modestly, an encouraging sign for the budding economic recovery. Full Story »
AP
CHAMPAIGN, Ill. - Deere and Co. lost $223 million in the fourth quarter, reflecting big charges and a 28 percent slump in sales as demand for tractors, combines and construction equipment sagged amid the global economic downturn. Full Story »
AFP/Getty Images/File
WASHINGTON (AFP) - Initial claims for US jobless insurance benefits plunged to their lowest levels since September last year, according to official data Wednesday showing improvement in the troubled labor market. Full Story »
Reuters
WASHINGTON (Reuters) - The number of U.S. workers filing new applications for jobless insurance tumbled last week by a surprisingly large amount to the lowest level in more than a year, according to government data on Wednesday that gave fresh evidence the battered labor market is improving. Full Story »
WASHINGTON - Orders for big-ticket factory goods fell unexpectedly in October as the economy struggles to get back to full health. Full Story »
WASHINGTON (Reuters) - U.S. consumer spending rose more than expected in October as incomes increased, data showed on Wednesday, offering some hope at the start of the fourth quarter for the nascent economic recovery. Full Story »
WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods fell unexpectedly in October, according to government data on Wednesday that reinforced views of a gradual economic recovery from recession. Full Story »
WASHINGTON - White House official says Obama will attend next month's global climate summit in Copenhagen. Full Story »
AFP/Getty Images/File
LONDON (AFP) - Oil prices rose slightly on Wednesday as traders awaited the weekly US energy report after slower-than-expected economic growth in the United States, the world's biggest energy consuming nation. Full Story »
AP
Oil prices rose above $76 a barrel Wednesday as the dollar weakened and investors awaited data on the U.S. economy and crude inventories. Full Story »
AP
CHICAGO - The Miles family is changing it up this year in the annual American race to make it to the table for Thanksgiving dinner. Instead of booking plane tickets, they opted to take the 1,100-mile trip by train. Full Story »
SINGAPORE (Reuters) - Swift interest rate hikes aimed at containing inflation in product and asset prices could cause another downturn in the slowly recovering economies of the United States and Europe, the head of the World Bank said. Full Story »
The Federal Reserve upgraded its view of the U.S. economy on Tuesday, saying this year's contraction won't be as steep as previously thought and that growth next year may be better than expected. Full Story »
WASHINGTON (Reuters) - The Obama administration, facing criticism its economic stimulus plans are failing to halt layoffs, on Tuesday said hiring prompted by the spending would accelerate next year. Full Story »
Reports on GDP and consumers signal modest rebound Full Story »
KANSAS CITY, Mo. - Kansas commercial banks posted a net loss for the third quarter as the recession and bad loans continued to punish the state's lenders. Full Story »
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