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  • Is this officially a crash?
  • The National Bureau of Economic Research, the recognized arbiter for dating recessions, uses a more complex formula that includes factors such as employment and income growth. It defines a recession as "a significant decline in activity spread across ...
  • After volatile day, Dow ends its worst week
  • NEW YORK - Wall Street ended one of its worst weeks ever trying to figure out whether to continue its freefall or take some tentative steps toward a possible recovery. The stock market gyrated up and down, sending the Dow Jones industrials bouncing ...
  • Fear trumps government efforts to solve crisis
  • Early indications will be seen in a few weeks, when the government begins reporting economic data for October, beginning with the monthly employment data. While monthly job losses have been rising, they haven’t yet approached levels seen in deep ...
  • Movers: MetLife, IBM, National City, TJX Companies
  • ... down revenue previously expected, due primarily to the effects of the recent Gulf Coast hurricanes, anticipated negative foreign currency impact due to the stronger U.S. dollar, and accelerated weakening in the North American and U.K. employment ...
  • No bottom to stock market clearly in sight
  • Most experts don't see a recovery until there's greater stability in the housing market, banks are lending freely and employment improves. Unlike other periods that saw precipitous drops, this one is rooted in foundering credit markets. That makes ...
 
    
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