RutlandHerald.com - We Are Vermont

Freddie Mac loses $6.3 billion in 3Q WASHINGTON — Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.  Published: November 7, 2009 ( 0)

Borrowing drops $14.8 billion WASHINGTON — Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions.  Published: November 7, 2009 ( 0)

AIG posts 2nd quarterly profit NEW YORK — AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the government last year.  Published: November 7, 2009 ( 0)

Stocks surge on jobs data NEW YORK — A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government report on jobs.  Published: November 6, 2009 ( 0)

Productivity gains may be bad news WASHINGTON — Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.  Published: November 6, 2009 ( 0)

October sales offer relief NEW YORK — Stores are heading into the period with slashed inventories, determined not to have the fire sales that characterized last Christmas.  Published: November 6, 2009 ( 0)

Stocks give up gains in last hour; investors get nervous NEW YORK — A late-day slump left stocks mixed Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy.  Published: November 5, 2009 ( 0)

GMAC Financial narrows losses NEW YORK — GMAC, the main lender for GM and Chrysler customers and dealers, reported another quarterly loss Wednesday as bad loans continued to haunt its mortgage lending unit.  Published: November 5, 2009 ( 0)

• GM's Opel move raises anger - Nov. 5, 2009
• Fed again pledges to hold interest - Nov. 5, 2009
• Auto sales show industry recovery - Nov. 4, 2009
• Strong economic reports lift recovery hopes - Nov. 3, 2009
• Stocks waver as Dow gives up big early gain - Nov. 3, 2009

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