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After a dismal start to 2009, business people see more pain ahead, expecting no improvement in economic conditions till late this year at the earliest. ...more
March 5, 2009
Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The market's despair - fed by a stream of disheartening economic data - propelled the Dow Jones industrials down 733.08 points to 8,577.91 in its second-largest point loss ever. The major indexes all lost at least 7 percent. ...more
October 16, 2008
Stocks finished sharply lower Wednesday as a jittery Wall Street sold off on a report showing a large drop in pending home sales and read anecdotal data from the Federal Reserve's regional banks as offering little assurance that an interest rate cut is likely. The Dow Jones industrial average dropped more than 140 points. ...more
September 6, 2007
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