Weak job market could dampen consumer spending and hold back an economic recoveryWASHINGTON — The job market is thawing at a snail’s pace, raising doubts about whether consumer spending will become vigorous enough to sustain an economic recovery anytime soon. Obama administration plans to wind down Cash for Clunkers program on MondayWASHINGTON — The Obama administration will end the popular $3 billion Cash for Clunkers program on Monday, giving car shoppers a few more days to take advantage of big government incentives. Obama administration to wind down Cash for Clunkers on MondayWASHINGTON — Car shoppers have until Monday night to take advantage of lucrative Cash for Clunkers rebates from the government, and the Obama administration is hoping for a smooth ending to a program that has spurred auto sales but created headaches for many auto dealers. White House says it understands frustration auto dealers feel about Cash for Clunkers programWASHINGTON — The White House says it understands some of the frustration automobile dealers are feeling about the government’s Cash for Clunkers vehicle trade-in program. Senate will approve ‘cash-for-clunkers’ extension, Democratic and GOP leaders sayWASHINGTON — The Senate has cleared the way for a vote extending the “cash-for-clunkers” program, which offers car buyers rebates of up to $4,500 for trading in their gas-guzzlers for new, higher-mileage models, setting aside Republican opposition to the plan. Some dealers hold back on new ‘clunkers’ deals until Senate approves additional moneyAs dealerships and car shoppers alike wait for the Senate to decide the fate of “cash for clunkers,” one question reigns: Deal or no deal? House eyeing votes Friday to save popular ‘cash for clunkers’ car purchase programWASHINGTON — The House rushed Friday to pump $2 billion into a popular cash-for-clunkers program running near empty, with a leading Democrat saying “consumers have spoken with their wallets.” White House trying to keep ‘cash for clunkers’ program alive amid funding concernsWASHINGTON — The government’s popular “cash for clunkers” program may be running out of money after only a matter of days as car shoppers flock to dealerships to take advantage of the rebates. House approves ‘cash for clunkers’ plan in hopes of boosting lagging auto salesWASHINGTON — The House has approved the “cash for clunkers” bill to boost lagging auto sales. AP News in BriefObama says he’ll accept Nobel Peace Prize as ‘call to action’ toward peace and prosperity Business HighlightsRetailers see sales begin to recover in September NEW YORK (AP) — The nation’s stores saw their first sales gain in 14 months in September, a sign of life from shoppers that fuels some hope for the holiday shopping season. |
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