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The biggest rise in the unemployment rate since 1986 is an "aberration" and investors who sold equities Friday are "completely misreading" the outlook for economic growth, according to JPMorgan Chase & Co. ...more
June 7, 2008
Investors have found plenty of reasons to be optimistic about Wal-Mart of late, as the company found the right mix of merchandise and marketing to complement its refocus on low prices at a time when Americans are seeking less expensive options. ...more
June 4, 2008
Dark clouds continue to hang over the economy: The manufacturing sector shrank for the fourth consecutive month, construction spending has been falling for more than two years, future orders are down and prices are skyrocketing. ...more
June 3, 2008
Billionaire investor George Soros said the "acute phase" of the financial crisis is "largely behind us" even as the U.S. economy is only now starting to feel the effect. ...more
May 8, 2008
Every January, my husband and I update our finances, but this year's review nearly sent me over the edge. ...more
February 3, 2008
A jittery Wall Street advanced Monday, reversing some of Friday's sharp losses as investors took a dismal new home sales report as a sign the Federal Reserve will lower rates this week. ...more
January 29, 2008
The Federal Reserve, confronted by deepening panic in global financial markets about a possible recession in the United States, struck back on Tuesday with the biggest one-day reduction of interest rates on record and at least temporarily stopped a vertigo-inducing plunge in stock prices. ...more
January 23, 2008
Don't panic. That advice could probably serve as a stand-in for "hello" at many brokerages these days. With Wall Street stumbling - particularly since the beginning of the year - uneasy investors are calling on financial advisers with an urgency not seen since the start of the decade. ...more
January 23, 2008
Wall Street extended its 2008 plunge Thursday, tumbling after a regional Federal Reserve report showed a sharp decline in manufacturing activity and as investors feared that downgrades of key bond insurers could trigger further trouble with souring debt. ...more
January 18, 2008
Fed chairman Ben Bernanke borrowed a page from Alan Greenspan's crisis playbook when he promised emphatically to cut interest rates further if the weak economy needs the help. ...more
January 11, 2008
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