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Consumer Confidence 'Plummeted In August'

A widely watched gauge of consumers' mood is at a two-year low. That could be a warning sign for consumer spending in coming months.
NPR

East Coast Starts To Add Up Irene's Economic Blow

It's still early to make exact pronouncements about how much damage Irene caused, and President Obama said the cleanup in many areas will be tough. But overall, the storm appears to have caused much less damage than forecasters said was possible.
NPR

Obama Names Krueger Chief Economic Adviser

President Obama nominated Princeton University economist Alan Krueger to chair the White House Council of Economic Advisers. The appointment comes as Obama prepares to unveil a new jobs package.
NPR

'Land Bank' Knocks Out Some Foreclosure Problems

The housing crisis has left banks stuck with crumbling, foreclosed houses that they can't re-sell. In Cleveland, a quasi-government corporation takes over those houses and the lenders pay to demolish them. The idea may soon take hold in other cities as well.
NPR

Bernanke Offers No New Measures To Boost Economy

Chairman Ben Bernanke is proposing no new steps by the Federal Reserve to boost the economy while hinting that Congress may need to act to stimulate hiring and growth.
NPR

No Signs Of New Steps In Fed Chief Bernanke's Address

On Wall Street, stocks fell at first on word that the Fed isn't likely to take any new steps to boost the economy. They later recovered.
NPR

As Economy Teeters, All Eyes On Bernanke

The Federal Reserve chairman delivers a much-anticipated speech Friday morning on additional steps the Fed might take to shore up the economy. Some investors are hoping for another round of quantitative easing, but others warn that a solution can ultimately only be worked out by the president and congressional Republicans.
NPR

Drought Puts Texas Ranchers, And Cattle, At Risk

At an East Texas auction, the animals look pitiful. They're standing in 107-degree heat with their ribs showing, stressed out. The heat, and no rain, has forced many ranchers to sell off their stock. Many will retire; and few young ranchers are ready to step in.
NPR

Foreclosures A Third Of Sales; Mortgage Rates Rise

Foreclosures made up roughly one-third of all home sales this spring. While that's a smaller share of sales from the previous quarter, it's six times the percentage of foreclosures in a healthy housing market. Meanwhile, fixed mortgage rates edged up this week from their lowest levels in decades.
WAMU 88.5

Virginia Budget Problems Could Affect Domestic Violence Prevention Programs

Virginia's Domestic Violence Prevention Board has drawn up proposals on ways to curb the number of attacks, but budget problems could delay implementation.

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