NEW YORK (AP) — A disheartened Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industrials fell 400 points, and all the major indexes dropped more than 4 percent. ...more

November 12, 2008

Circuit City Stores Inc. said Monday that it is closing 20 percent of its U.S. stores, but the Tampa Bay area was spared in the latest cutbacks by the struggling electronics retailer. ...more

November 4, 2008

Circuit City Stores Inc. said Monday it is pulling the plug on about 20 percent of its U.S. stores in an effort to return the nation's No. 2 consumer electronics retailer to profitabilit ...more

November 3, 2008

Economy Jolts Into Decline; Bad Recession Seen WASHINGTON (AP) - The government reported Thursday that the economy shrank in the summer, sending the strongest signal yet that a recession may have already begun. ...more

November 2, 2008

Just a day after the Federal Reserve dropped its key short-term interest rate to 1 percent - matching the generational low reached in 2003-04 - the betting is intensifying on another cut. ...more

November 2, 2008

Government spending is growing at an astounding pace. Congress and the president have thrown hundreds of billions into stimulus packages, domestic programs, military spending and other initiatives. Total federal spending is growing at a 13.8 percent annual rate. ...more

November 1, 2008

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

Investors agonizing over a faltering economy sent the stock market plunging all over again today after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The Dow Jones industrials dropped as much as 572 points, more than half their huge 936-point advance from Monday, and all the major indexes fell at least 5 percent. ...more

October 15, 2008

For the past two decades, the nation could count on one thing to keep it going when economic times got tough: Consumers kept spending. ...more

October 4, 2008

When Deb Freitag applied for a credit card so she could replace her roof, her leaky refrigerator and her old dishwasher, she was offered a $1,000 line of credit, not the $5,000 she needed. ...more

September 27, 2008