CINCINNATI (Reuters) - A 90-year-old Ohio woman, facing eviction from the home she has lived in for 38 years, shot and wounded herself this week, becoming a grim symbol of the U.S. home mortgage crisis.
NEW YORK (NY TIMES) The American economy lost 159,000 jobs in September, the worst month of retrenchment in five years, the government reported on Friday, enhancing fears that an already pronounced downturn had entered a more painful stage that could last well into next year.
LOS ANGELES — With the credit crisis cutting off access to short-term financing, California officials said the state may be forced to ask the United States government to lend it $7 billion, warning that the state could run out of money in a few weeks without it.
NEW YORK (Reuters) - New York Gov. David Paterson on Friday pledged not to raise taxes, even as he predicted an increase in the state's budget deficit to $2 billion amid fallout from the credit crisis and recalled the legislature for a special session next month to address the economy.
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