The housing collapse and credit crisis will slow economic growth and nudge up unemployment next year, the Federal Reserve said Tuesday in a first-of-its-kind forecast that some economists think will lead to interest rate cuts early in 2008. ...more

November 21, 2007

The economy picked up speed in the summer, growing at a brisk 3.9 percent pace, the fastest in 1 1/2 years and an impressive performance even as a credit crunch plunged the housing market deeper into turmoil. ...more

November 1, 2007

The weather early this morning is closer to the necessary variables needed to cause fish to migrate in larger numbers for longer periods — something that hasn't occurred very often lately. Get to the lake as early as possible and there is a very good chance you might catch the larger fish at the tail end of their feeding spree. The barometer should be near the bottom of the drop that happened Tuesday night, or already starting to rise — but only slightly. For this reason, start your presentation in close to the vegetation, or in the shallows working your way out. There's a great possibility of a "top-water" bite, so give that a try before switching to other methods. I prefer working top-water retrieves at top speed at first, then gradually slowing it down if it doesn't produce any strikes. ...more

October 17, 2007

Crumbling consumer confidence and slumping home sales could prove to be a bad combination for retailers, and for the broader economy going into the holiday season, if the labor market contracts further and chokes off spending, economic data showed Tuesday. ...more

September 26, 2007