Economy Growth Slows After Last Quarter Burst
The economy likely expanded at half the 5.9 percent pace from last quarter as consumer spending slows and unemployment stays high. Commerce revised Q4 2009 growth to 5.9 percent, driven by manufacturing, while consumer demand remained weak. Unemployment 9.7 percent, housing weak, stocks modestly up by 4.23 points.
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Washington
Stuart Hoffman
PNC Financial Services Group
Commerce Department
Wall Street
Fannie Mae seeks extra 15 billion in federal aid
Fannie Mae requests another 15 billion in Treasury support, pushing the total for Fannie and Freddie to exceed 126 billion. The company warns losses will persist this year amid high unemployment and foreclosures, as the 2008 seizure and three year losses reach 136.8 billion.
MENTIONED IN THIS ARTICLE
Fannie Mae
Mortgage Finance Company
Freddie Mac
Fannie
Treasury
White House social secretary Desiree Rogers to step down
Desiree Rogers, White House social secretary, will leave next month after guiding more than 330 events in just over a year. President Obama and the first lady thanked her for the “terrific job” while noting no cause for departure and Gibbs saying she was not forced out.
MENTIONED IN THIS ARTICLE
Washington
White House
Desiree Rogers
Obama
Barack Obama
Michelle Obama
Chicago
Robert Gibbs
Rogers
Gibbs
Northern Virginia
South Lawn
Tareq
Michaele Salahi
Joe Biden
Facebook
Chicago Sun-Times
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Washington, D.C
Rogers Had Role
Dinner Crashing
Darlene Superville
Associated Press
le Janet Reid
Lawrence
Erie
ErieMetalRoofs
At&t
Samsung
At&t Navigator
Free Shipping
23Rd St. Ste. H
Samsung Flight
MySpace
Twitter
Kansas City
Village West Phvy
Sheridan
Facebook, Inc
ATAT
At&t Mobility
ATBT
ATST
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