PERSON | Sung Won Sohn

Decline in U.S. jobless claims raises hopes for hiring March 03, 2011 The number of people filing for unemployment benefits sank last week to its lowest point in nearly three years, and retailers and other service companies posted strong results Thursday for last month. On the eve of the government's February jobs report, the news suggests the economy may be about to take off despite... Read More

Decline in U.S. jobless claims raises hopes for hiring March 03, 2011 The number of people filing for unemployment benefits sank last week to its lowest point in nearly three years, and retailers and other service companies posted strong results Thursday for last month. On the eve of the government's February jobs report, the news suggests the economy may be about to take off despite... Read More

US government takes on big role in mortgage market September 08, 2008 WASHINGTON (AP) -- Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration is seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis. But private analysts worried that it may not be enough to... Read More