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Articles written by Martin Crutsinger

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Economic gains boost US confidence to 5-year high

WASHINGTON (AP) — Home prices are surging, job growth is strengthening and stocks are setting record highs. All of which explains why Americans are more hopeful about the economy than at any other point in five years. Investors o...

 

Fed unveils bold, open-ended steps to aid economy

WASHINGTON (AP) — Alarmed by the chronically weak U.S. economy, the Federal Reserve launched an aggressive new effort Thursday to boost the stock market and make borrowing cheaper for years to come. And it made clear it won't...

 

Unemployment applications jump by most in a month

WASHINGTON — The number of people who applied for unemployment benefits last week rose by the most in a month, signaling growing weakness in the job market. Applications rose by 9,000 to a seasonally adjusted 429,000 last week,...

 

Obama official says new budget won't be pain-free

Obama official says new budget won't be pain-free MARTIN CRUTSINGER, AP Economics Writer WASHINGTON — President Barack Obama will send Congress on Monday a $3 trillion-plus budget for 2012 that promises $1.1 trillion in deficit...

 

Jobless claims rise by largest amount in 3 months

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The surge is evidence of how volatile the job market remains, even as the economy grows....

 

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