Initial jobless claims unexpectedly rose in the week ending Aug. 7 as the slowing economy hits labor markets. Jobless claims rose 2,000 to 484,000, the Department of Labor said in a statement. That’s the highest in almost six months. The revised figure for the previous week was 482,000. Earlier this week, the Federal Reserve warned […]

Via Huffington Post: When two struggling families appeared as guests on The Oprah Winfrey Show to talk about the home foreclosures they were facing, they had no idea a surprise guest would make their problems disappear. The Eller family and the Allgood family shared their stories with Oprah and explained how the national recession took […]