Auto makers return to Washington to ask for financial bailout
Mark Zandi, chief economist and cofounder of Moody's Economy.com testifies before the Senate Banking Housing and Urban Affairs committee about the state of the US automobile manufacturing industry on Capitol Hill in Washington on December 4, 2008. Chrysler, GM and Ford are asking Congress for billions of dollars to help the industry weather the current economic crises. (UPI Photo/Roger L. Wollenberg)
UPI Related News
WASHINGTON, June 22 (UPI) -- High unemployment is likely to haunt the U.S. economy for years to come, a leading U.S. economist said.
WASHINGTON, Oct. 21 (UPI) -- Forty-one states are in or close to a recession, a prominent U.S. economist said.
NEW YORK, May 27 (UPI) -- Fast-rising crude oil costs have sparked divided opinions on whether the U.S. economy will sink into a recession, economists said.
LEXINGTON, Mass., Jan. 2 (UPI) -- U.S. home prices will likely fall an average 10 percent before the real estate market stabilizes, economists said.
WASHINGTON, Dec. 22 (UPI) -- U.S. banks and Treasury Department officials have scrapped a plan to create a $100 billion fund to stabilize the short-term credit market.
SAN DIEGO, July 11 (UPI) -- While the subprime U.S. real estate market is in the dirt, high-end U.S. homes are in clover, an analysis of nationwide home sales published Wednesday showed.
WASHINGTON, June 11 (UPI) -- Borrowing in the United States and overseas is becoming more expensive as governments contend with inflation rates and robust economy, economists said.
NEW YORK, April 11 (UPI) -- In a stark reversal, people in most U.S. metropolitan areas who rent homes, rather than buy them, have saved money, a New York Times/Moody's analysis found.
NEW YORK, March 2 (UPI) -- Foreclosures among high-risk U.S. mortgages could create the worst mortgage crisis since the 1980s, a published report said Friday. Rising foreclosures and defaults have pushed more than 20 lending companies into bankruptcy, The Christian Science Monitor
WASHINGTON, Dec. 26 (UPI) -- U.S. companies told pollsters they plan to hire less early next year than in late 2006, survey results that point to a slight softening in the job market.
