This business update is brought to you by Verizon Online DSL. New Fed Chair Ben Bernanke delivered his first report on the economy before congress today, saying we've snapped out of the end of the yea...
Michelle Wright: A new report from the Commerce Department reveals that we are continuing to spend more on goods from overseas than folks in foreign countries do, purchasing stuff made in the USA. Tha...
Michelle Wright: President Bush submitted his budget to lawmakers today. And according to White House Press Secretary Scott McClellan, the plan focuses on(of) the most important national priorities. S...
Michelle Wright: A Labor Department report out today reveals that U. S. employers added a smaller than forecasted 193, 000 new jobs in January. Despite that , Labor Secretary Elaine Chao says this rep...
Stocks ended the day little changed after the Federal Reserve did, well, what it was expected to do. I'm Gerri Willis in New York for CNN. com. The Fed, one last time under Alan Greenspan, raised its...
Rachel Lee: The U. S. economy slowed to a crawl in the last three months of 2005. Gross Domestic Product grew just 1. 1%. Economist John Narof: John Narof: There were a number of factors that are easi...
Rachel Lee: The housing market keeps losing steam. Sales of previously owned homes fell 5. 7% last month according to the National Association of Realtors. If you're looking for a house , the group's...
Rachel Lee: A tough day for Wall Street after General Electric and Citigroup reported earnings just shy of what analysts estimated. Cheif economist Robert Brusca with Fact and Opinion Economics, isn't...
Rachel Lee: We got a break from inflation in December with a 10th of a percent decline in consumer prices. But economist Steve Cochrane with "economy.com" notes the core rate of inflation taking up fo...
This business update is brought to you by Verizon Online DSL. Rachel Lee: Genentech has halted / test of a peanut-allergy treatment after two kids suffered serious reactions. CNN's Susan Lisovicz has...
