WTTG Fox 5 News Edge At 6 August 18, 2011
a negative mood has overtaken the country, fueled by more disappointing economic reports and investors move their money to safe havens. the first-time claims for unemployment abouty fits were up last week, consumers being hit with higher prices for gas, food and clothing and despite record low mortgage rates, the home sales dropped to an 8- month low in july. on top of that, the morgan stanley lifts say the u.s. and europe are hovering close to a deadly recession. most americans feel like they still in one. >> 23% of wages and salaries are being consumed by food and energy alone. whe...