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

The Senate moved Friday against the worsening mortgage crisis, voting to make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans. ...more

December 15, 2007

Walk into a new AutoNation dealership in West Palm Beach and you'll find more than just a pot of coffee on a hot plate, rigid chairs or some stale doughnuts. ...more

December 12, 2007

Federal Reserve policymakers are expected to slice a key interest rate for a third time this year in an effort to prevent troubles in the housing and credit markets from sinking the nation's economy. ...more

December 11, 2007

Since the Federal Reserve last met in October, credit has become harder to obtain, Wall Street has convulsed again and the housing slump has intensified. And policymakers at the central bank now appear to have changed their minds about the need to drop interest rates again. ...more

December 10, 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

The deteriorating housing market forced the White House to lower its projection for economic growth next year and raise its forecast for unemployment. Inflation is expected to moderate. ...more

November 30, 2007

Federal Reserve chairman Ben Bernanke on Thursday hinted that another interest rate cut may be needed to bolster the economy. The worsening credit crunch, a deepening housing slump and rising energy prices probably will create some "headwinds for the consumer in the months ahead," he said. ...more

November 30, 2007

The economy grew at a slower pace in the late fall as shoppers watched their pennies heading into the busy holiday season. ...more

November 29, 2007

The nation's retailers had a robust start to the holiday shopping season, according to results announced Saturday by a national research group that tracks sales at retail outlets. ...more

November 25, 2007