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Month: September 2008

Immigration Boom Slows As Economy Falters

By STEPHEN OHLEMACHER Associated Press Writer WASHINGTON (AP) – The wave of immigrants entering the United States slowed dramatically last year as the economy faltered and the government stepped up enforcement of immigration laws. The nation added about a half million immigrants in 2007, down from more than 1.8 million the year before, according to

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Immigration Boom Slows As Economy Falters

By STEPHEN OHLEMACHER Associated Press Writer WASHINGTON (AP) – The wave of immigrants entering the United States slowed dramatically last year as the economy faltered and the government stepped up enforcement of immigration laws. The nation added about a half million immigrants in 2007, down from more than 1.8 million the year before, according to

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Bernanke: Recession More Likely Without Bailout

WASHINGTON – Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures if they fail to pass the Bush administration’s $700 billion plan to bail out the financial industry. Bernanke sketched a scenario in which neither businesses nor consumers could borrow money as President

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Bernanke: Recession More Likely Without Bailout

WASHINGTON – Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures if they fail to pass the Bush administration’s $700 billion plan to bail out the financial industry. Bernanke sketched a scenario in which neither businesses nor consumers could borrow money as President

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