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Healthcare Headlines |
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Economic news - CNNMoney.com
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Fed predicts economy will get worse
The U.S. economy is likely to deteriorate further this year and unemployment will rise into 2010, according to the latest forecasts from the staff of the Federal Reserve.
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Obama: $1 trillion deficits 'for years'
President-elect Barack Obama is inheriting the worst economy in decades and says he'll need to "invest an extraordinary amount of money" to get it back on track.
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Millionaires? More like $700,000-aires
While it may be hard to feel sympathy for America's millionaires, they're feeling the economic crunch, too - nearly a third of their assets have disappeared in the downturn, according to a consulting firm's report released Tuesday.
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Avoiding Paulson's mistakes
Don't expect Tim Geithner to set any records when it comes to doling out the rest of the Treasury's bailout fund.
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TARP expenses total $26.6 million
Read full story for latest details.
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Factory orders fall for 4th month
New factory orders fell for fourth straight month in November, the government said Tuesday, posting a much steeper decline than economists had expected.
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Stocks recharge rally
Stocks rallied Tuesday as investors looked beyond the Federal Reserve's dour outlook on the economy and instead scooped up shares hit in last year's big selloff.
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Dollar rises on weak European data
The dollar continued its rise against the euro Tuesday as negative economic reports punished the European currency.
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The $8 trillion bailout
Sitting down? It's time to tally up the federal government's bailout tab.
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Service sector reading improves slightly
Service sector activity improved in December, but remained weak amid an economy in recession, a purchasing managers' group said Tuesday.
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