Private Sector Cuts 522,000 Jobs in January

U.S. stock index futures gained more ground after the data. U.S. government bonds, which usually benefit from weak economic data, pared their gains after the ADP report.

//moneynews.newsmax.com/economy/employment/2009/02/04/178216.html



Auto sales hit 27-year low

U.S. auto sales plunged to a 27-year low in January, a steeper-than-expected drop that took the slumping U.S. market below China's for the first time.

//www.reuters.com/article/email/idUSTRE5124RB20090203



Foreclosures Now One in Five Home Sales

The declines mean that U.S. homeowners lost a cumulative $3.3 trillion in home values during 2008, with much of that loss coming in the fourth quarter.

//moneynews.com/streettalk/home_values_report/2009/02/03/177876.html


From Information Clearing House



//freepage.twoday.net/search?q=job+loss
//freepage.twoday.net/search?q=automaker
//freepage.twoday.net/search?q=foreclosure
//freepage.twoday.net/search?q=homeowner

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