Can Rising Interest Rates Hurt Economic Recovery?
Rising interest rates could hurt not only consumers but the government as it tries to sell more Treasury notes. 06/05/09 (AP): Stocks end mixed on unemployment news With unemployment still rising, investors are questioning if stocks should be, too. 06/05/09 (Reuters): Chrysler sale approved The sale of U.S. automaker Chrysler to Italian auto company Fiat was approved by a U.S. appeals court — but legal challenges remain. 06/05/09 (AP): Labor Secretary on jobless rise Labor Secretary Hilda Solis reacts to word that the nation’s unemployment rate rose to 9.4 percent in May.
