Entries for November 2008
Unemployment at 16-year highNovember 24, 2008
by Christopher S. Rugaber
The Associated Press
With the number of new claims for U.S. jobless benefits hitting a 16-year high, some economists warn of further waves of layoffs in the months ahead.
Even already battered industries such as construct...
Bush to promote action plan to deal with economic crisisNovember 24, 2008
by Martin Crutsinger
The Associated Press
President George W. Bush, struggling to get ahead of a global financial crisis, hopes to win more converts at a summit here for an action plan aimed at showing governments have the will and the means to hal...
Bush signs law extending jobless benefitsNovember 24, 2008
by Jim Abrams
The Associated Press
With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off American workers will keep getting their unemployment checks as the year-end holidays approach.
Bush...
Big 3 get time to come up with bailout planNovember 24, 2008
by Ken Thomas
The Associated Press
The Bush administration sharply criticized congressional Democrats on Friday for taking a recess without approving a multibillion-dollar lifeline for the Big Three U.S. automakers.
"It is appalling that Congress ...
Former Texas Attorney General Jim Mattox has passed awayNovember 21, 2008
by April Castro
The Associated Press
Democrat Jim Mattox, known as the junkyard dog of Texas politics who served in Congress and as state attorney general and battled Ann Richards in a vicious campaign for governor, has died. He was 65.
Mattox, a ...