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Jobless claims drop from 7-year high (AP) (Yahoo! News: Economy News)
AP - New applications for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, though they remain at elevated levels that indicate recession.
Factory orders drop by 4 percent in August (AP) (Yahoo! News: Economy News)
AP - Orders to U.S. factories plunged by the largest amount in nearly two years in August as the credit strains began to hit manufacturing with full force.
Durable goods orders drop 4.5 percent in August (AP) (Yahoo! News: Economy News)
AP - Orders for big-ticket manufactured goods plunged in August by the largest amount in seven months as demand for both airplanes and autos fell sharply.
Retirement accounts have lost $2 trillion (AP) (Yahoo! News: Economy News)
AP - Americans' retirement plans have lost as much as $2 trillion in the past 15 months, Congress' top budget analyst estimated Tuesday.
Payrolls drop by most in 5 years; more pain ahead (AP) (Yahoo! News: Economy News)
AP - THE LATEST: Employers slashed 159,000 jobs in September, the most in more than five years and the ninth month in a row of nationwide job losses. So far this year, the economy has lost a staggering 760,000 jobs.
Jobless claims pushed to 7-year high (AP) (Yahoo! News: Economy News)
AP - New claims for unemployment benefits jumped last week to their highest level in seven years due to the impact of a slowing economy and Hurricanes Ike and Gustav, the Labor Department reported Thursday.