U.S. Economy: Home Prices Fall Near Depression Pace

Sales of single-family houses in the U.S. dropped in November by the most in two decades and resale prices collapsed at a pace reminiscent of the Great Depression, dashing speculation the market was close to a bottom.

http://tinyurl.com/8alcyc



Visits to U.S. Retailers Fell 24% on Weekend Before Christmas

Customer visits to U.S. retailers fell 24 percent last weekend compared with a year earlier, the biggest drop on record, as deepened discounts failed to attract consumers.

http://tinyurl.com/7bxeww



Cash-strapped states look to cut from Medicaid

States from Rhode Island to California are being forced to curtail Medicaid, the government health insurance program for the poor, as they struggle to cope with the deteriorating economy.

http://www.chron.com/disp/story.mpl/headline/nation/6182177.html


From Information Clearing House



http://freepage.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=retailer
http://freepage.twoday.net/search?q=medicaid
http://freepage.twoday.net/search?q=health+insurance

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