Bloomberg: First-Time Jobless Claims in U.S. Unexpectedly Decrease to Four-Month Low

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First-Time Jobless Claims in U.S. Unexpectedly Decrease to Four-Month Low
By Bob Willis - Aug 11, 2011 08:19 PM GMT

Claims for U.S. unemployment benefits unexpectedly dropped last week to a four-month low, signaling the job market is being hampered by a lack of hiring rather than more firings.

CNNMoney: Mortgages rates keep falling: 30-year nears record low

Mortgages rates keep falling: 30-year nears record low
By Les Christie August 11, 2011: 3:17 PM ET

NEW YORK (CNNMoney) -- Just when it seemed mortgage rates weren't going to get any lower, they started testing new lows.

CNNMoney: Unemployment claims fall to 4-month low

Unemployment claims fall to 4-month low
By Annalyn Censky @CNNMoney August 11, 2011: 9:55 AM ET

NEW YORK (CNNMoney) -- At a time when the economy seems to be hanging by a thread, the Labor Department reported at least some better news about the job market Thursday.

U.S. Consumer Confidence Declines to Lowest Since May in Bloomberg Index

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U.S. Consumer Confidence Declines to Lowest Since May in Bloomberg Index
By Jillian Berman - Aug 11, 2011 05:45 AM GMT-0800

Consumer confidence dropped last week to the lowest level since mid-May as American high earners, homeowners and those working full time turned more pessimistic.

CNNMoney: Foreclosures fall for 10th straight month

Foreclosures fall for 10th straight month
By Les Christie August 11, 2011: 5:27 AM ET

NEW YORK (CNNMoney) -- Foreclosure filings dropped once again in July, hitting their lowest level since November 2007, as processing delays and foreclosure prevention measures enabled a larger number of delinquent borrowers to remain in their homes.

Bloomberg: Cut in Household Spending Points to Recession

Related News: Bloomberg, Canada, Retail, Economy, Currencies, Italy, Municipal Bonds, US
Cut in Household Spending Points to Recession
By Shobhana Chandra and Steve Matthews - Aug 11, 2011 04:01 AM GMT

Recession signals in the world’s largest economy are flashing red again.

CNNMoney: Roubini: Double dip more likely

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Roubini: Double dip more likely

 
Economist Nouriel Roubini says the chances of a double dip recession have increased given the market plunge, weak housing market and structural weaknesses in the economy. Play

CNNMoney: Recession 2.0 would hurt worse

RECOVERY AT RISK
Recession 2.0 would hurt worse
By Chris Isidore @CNNMoney August 10, 2011: 10:25 AM ET

NEW YORK (CNNMoney) -- The risk of double dip recession is rising.

WSJ: Report: Housing Pain Persists, but Less Pervasive

AUGUST 9, 2011, 12:02 AM ET
Report: Housing Pain Persists, but Less Pervasive
By Nick Timiraos

The pace of home-value declines eased during the spring, but worries over the economy and high levels of foreclosures mean that the housing bottom is as elusive as ever.

CNNMoney: Housing recovery slips out of sight

Housing recovery slips out of sight
By Les Christie August 9, 2011: 1:58 PM ET

NEW YORK (CNNMoney) -- Any glimmer of hope that the housing market will stage a recovery in the upcoming months has vanished, thanks to the recent spate of bad economic news that has been making headlines over the past several weeks.