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Consumer spending fell for a record sixth straight month in December as recession-battered households, worried about surging layoffs, boosted savings rates to the highest level since May. ...more
February 3, 2009
The extraordinary profit for Exxon Mobil may be over for now, but opportunities abound even in a year that is expected to be miserable for the entire oil and gas industry. ...more
January 31, 2009
Battered by layoffs, debts and dread of worse to come, shoppers clutched ever tighter to their wallets in the final three months of 2008 and thrust the economy into its worst downhill slide in a quarter-century. Americans cut spending on everything from cars to computers, and it's only getting worse so far in the new year. ...more
January 31, 2009
The economy shrank at a 3.8 percent pace at the end of 2008, the worst showing in a quarter-century, as the deepening recession forced consumers and businesses to throttle back spending. ...more
January 30, 2009
The country tumbled deeper into recession and probably logged its worst economic performance in a quarter-century during the final three months of last year as battered consumers and businesses throttled back spending. ...more
January 30, 2009
Tampa International Airport continues to fare better than some other Florida airports in the airline industry's latest moves to conserve on fuel costs by trimming flights or replacing larger aircraft with smaller planes. ...more
November 10, 2008
The largest drop in wholesale prices in nearly two years in August failed to spur consumers to spend more at shopping malls, raising new worries about a possible recession as the temporary boost from tax rebate checks becomes a distant memory. ...more
September 13, 2008
Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments. ...more
August 30, 2008
The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn't expected to last. Economic slowdowns overseas could make exports tail off just as Americans are hunkering down after the bracing impact of rebate checks wanes, plunging the country into another rut this year. ...more
August 29, 2008
Ryan Raburn may be playing an unfamiliar role, but it's something he gladly will take right now. ...more
August 4, 2008
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