Economic Roundup

Lots happening on the economic front today.  Not much of it good.  Below, you'll find links to the big stories:

Chrysler to cut up to 12,000 jobs

Chrysler LLC said Thursday it plans to cut up to 12,000 jobs, or up to 15 percent of its work force, as part of an effort to slash costs and match slowing demand for some vehicle [...]

Foreclosure Filings Soar in 3rd Quarter

A soaring number of U.S. homeowners struggled to make mortgage payments in the third [...]

Consumer Spending Slows in September

Consumers, battered by a steep downturn in housing and a severe credit crunch, slowed spending growth in September to the weakest performan [...]

And, by the way, the Dow was down 360 points at the close.  Energy.  Housing. You name it.

Tags: Jobs, Foreclosure, Consumer Spending

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