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Factory orders up in December
Feb 4 2008 4:43PM (CT)
WASHINGTON (AP) - U.S. factories saw demand for their products rise in December by the largest amount in five months, a spot of welcome news that failed to change the picture of an economy struggling to stay afloat.
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Fed survey: banks tightening credit
Feb 4 2008 2:54PM (CT)
WASHINGTON (AP) - Many U.S. banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey released Monday that underscored the spread of a painful credit crunch.
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