NYT: The Nation’s Unemployment Landscape

The Nation’s Unemployment Landscape

The recession and the slow recovery have reshaped the nation’s economic map, with the highest unemployment rates now found in the West and the South. Related Article »

Sources: Bureau of Labor Statistics; Moody’s Analytics
Correction: An earlier version of this graphic misstated the unemployment rate for Massachusetts in June 2009.

NYT: Slump Alters Jobless Map in U.S., With South Hit Hard

Slump Alters Jobless Map in U.S., With South Hit Hard
By MICHAEL COOPER
Published: September 26, 2011

When the unemployment rate rose in most states last month, it underscored the extent to which the deep recession, the anemic recovery and the lingering crisis of joblessness are beginning to reshape the nation’s economic map.

CNNMoney: Deflation fears are back

Deflation fears are back
By Chris Isidore @CNNMoney September 26, 2011: 3:15 PM ET

NEW YORK (CNNMoney) -- Suddenly, investors and some economists are worried about deflation once again.

WSJ: Europe Split on Rescue Plan

ECONOMY SEPTEMBER 26, 2011
Europe Split on Rescue Plan
World Urges Swift Action; Germany Opposes Expanded Bailout; Anxiety at IMF

By SUDEEP REDDY,BOB DAVIS and MARCUS WALKER

WASHINGTON—European officials are debating ways to boost the firepower of their financial-bailout fund after the world's finance ministers, worried about the potential for a market meltdown, ratcheted up pressure on euro-zone officials to act.

Bloomberg: Purchases of New Homes in U.S. Probably Fell to Lowest Level in Six Months

Related News: Real Estate, U.S.
Purchases of New Homes in U.S. Probably Fell to Lowest Level in Six Months
By Shobhana Chandra - Sep 25, 2011 08:01 PM

Purchases of new houses in the U.S. probably declined in August to the lowest level in six months as buyers sought cheaper distressed properties, economists said before a report today.

Bloomberg: El-Erian Sees Global Economy Slowing Next Year

El-Erian Sees Global Economy Slowing Next Year
By Simon Kennedy, Rich Miller and Gabi Thesing - Sep 25, 2011 06:09 PM PT

Pacific Investment Management Co., which runs the world’s biggest bond fund, is forecasting that advanced economies will stall over the next year as Europe slides into a recession, underscoring mounting investor concern about the global economic outlook.

CNNMoney: Euro crisis: three perspectives

EUROPE'S DEBT CRISIS
Euro crisis: three perspectives
By Ben Rooney September 25, 2011: 9:52 AM ET

WASHINGTON D.C. (CNNMoney) -- George Soros, the billionaire hedge fund manager and philanthropist, warned Saturday that failing to resolve the sovereign debt crisis in Europe could lead to a "real meltdown" of the global financial system.

CNNMoney: The Fed needs a little help from its friends

THE BUZZ
The Fed needs a little help from its friends
http://money.cnn.com/2011/09/21/news/economy/thebuzz/index.htm?iid=HP_River
By Paul R. La Monica @CNNMoney September 21, 2011: 2:42 PM ET

NEW YORK (CNNMoney) -- People like to use the metaphor "pushing on a string" to describe something that's ineffective. After all, you can pull a string. But you can't really push one.

USA Today: Rising rents lessen the affordability of housing

Rising rents lessen the affordability of housing
By Julie Schmit and Barbara Hansen, USA TODAY

More renters found housing unaffordable last year as incomes declined, and more are likely to be squeezed this year, given rising rents.

Fortune: How Italy can save itself

How Italy can save itself
http://money.cnn.com/2011/09/20/news/international/italy_downgrade.fortune/index.htm?iid=HP_Highlight
By Cyrus Sanati, contributor @FortuneMagazine September 20, 2011: 10:14 AM ET

FORTUNE -- The surprise downgrade of Italy's sovereign debt overnight by Standard and Poor's exposes the fatal flaws of pushing through draconian austerity measures on a nation experiencing economic weakness.