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The bill for America's excessive borrowing during the housing boom has arrived, and more people are having trouble paying it. ...more
January 17, 2008
A growing conviction that the United States is headed toward recession sent Wall Street plunging Tuesday, with weak retail sales figures and disappointing results from Citigroup exacerbating investors' pessimistic mood. The Dow Jones industrials tumbled nearly 280 points. ...more
January 16, 2008
Orders to U.S. factories jumped in November by the largest amount in four months. The increase was driven by higher petroleum prices and was not viewed as a sign of any newfound strength in manufacturing. ...more
January 4, 2008
The federal government took half a million requests for coupons to buy analog-to-digital converter boxes for televisions Wednesday, one day after they became available, said Bart Forbes, a spokesman for the Commerce Department. ...more
January 3, 2008
The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years. ...more
December 29, 2007
U.S. factories saw orders for costly manufactured goods rise only marginally in November - falling short of expectations for a much bigger gain and underscoring the strains on the economy from housing and credit problems. ...more
December 28, 2007
TAMPA - Floridians' personal incomes rose slightly faster than the national average in the third quarter of this year. ...more
December 19, 2007
Housing construction fell in November with single-family activity dropping to the lowest level in more than 16 years. Analysts said the recession in housing showed no signs of a turnaround. ...more
December 19, 2007
Retail sales exceeded forecasts in November, and wholesale prices jumped the most in 34 years, diminishing both the need and scope for the Federal Reserve to make deeper interest-rate cuts. ...more
December 14, 2007
Consumers battered by a slumping housing market and a credit crunch slowed the growth in spending to the smallest amount in four months. In another sign of weakness, construction activity fell by a larger-than-expected amount. ...more
December 1, 2007
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