CAPE CANAVERAL, Florida, Dec. 1, 2008 (Reuters) Astronauts aboard the space shuttle Endeavour wrapped up a 16-day mission to prepare the International Space Station for its first six-member crew with a flawless touchdown at NASA's backup landing site in California. ... > full story
CAPE CANAVERAL, Florida, Nov. 30, 2008 (Reuters) The space shuttle Endeavour fired its braking rockets and left orbit on Sunday, beginning an hourlong glide to California after finishing a marathon home-improvement mission at the International Space Station. ... > full story
NEW YORK, Nov. 26, 2008 (Reuters) Housing, consumer spending and business investment all weakened sharply last month as the dizzying downward spiral of the world's largest economy gathered speed, data showed on Wednesday. ... > full story
WASHINGTON, Nov. 25, 2008 (Reuters) The Federal Reserve threw a massive life-line to consumers on Tuesday with two new programs aimed at making it easier for them to obtain loans for homes, cars and on credit cards. ... > full story
LONDON, Nov. 22, 2008 (Reuters) President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ... > full story
DETROIT, Nov. 21, 2008 (Reuters) General Motors Corp will return two of its leased corporate jets amid intense criticism in Washington this week on the luxury travel arrangements of its chief executive even as the company pleads for federal aid. ... > full story
HOUSTON, Nov. 20, 2008 (Reuters) Shuttle Endeavour astronauts working outside the orbiting International Space Station faced glitches during a second spacewalk on Thursday, as one astronaut experienced high carbon-dioxide levels after his crew mate lost a tool bag on the mission's first spacewalk. ... > full story
NEW YORK, Nov. 16, 2008 (Reuters) Jennifer Bingham earned $7.50 an hour packing boxes for a jewelry company, but after a short illness she was fired and had to seek help at a food pantry and women's shelter. ... > full story
WASHINGTON, Nov. 13, 2008 (Reuters) The number of U.S. workers drawing jobless benefits hit a 25-year high this month and imports suffered a record fall in September, according to reports on Thursday that underscored a rapid drop-off in the U.S. economy. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) Foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points for the second consecutive month due to a state law slowing the foreclosure process, according to a monthly report by RealtyTrac. ... > full story
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The $500 Billion Buy Up Of MBS: Is It Really Enough? Nov. 25, 2008 (CNBC) Across the spectrum of the folks who talk about housing as much as I do, it seems like the Fed's announcement that it will buy up to $500 billion ...
BofA to lay off 7,500 after Countrywide deal Nov. 25, 2008 (Jacksonville Business Journal) Bank of America Corp. will cut 7,500 jobs as part of its acquisition of Countrywide Financial Corp.. . The layoffs are expected to occur during the ...
Mortgage security rates fall after Fed action Nov. 25, 2008 (San Jose Mercury News) Rates on Fannie Mae and Freddie Mac debt fell Tuesday-a promising sign that homeowners' mortgage rates could decline, too-after the Federal Reserve ...