Thrifts Lose $4 Billion in Third Quarter The thrift industry lost $4 billion in the third quarter of 2008 and set aside $7.9 billion in loan-loss provisions, down from a record $14 billion in the second quarter, the Office of Thrift Supervision reported yesterday. The industry . More Newsbytes / Archive
The Producer Price Index for finished goods fell 2.8 percent in October, which was the third consecutive monthly decline. The drop was driven by a large 12.8 percent decline in energy goods. Core prices, which exclude food and energy prices, rose 0.4 percent for the second consecutive month. More Perspectives