There has been so much misinformation about so many of the different financial crises facing the country over the last few months. Unless one is paying very close attention to what is being and not being said, one can become totally confused. ...more

March 28, 2009

The Federal Reserve on Wednesday downgraded its projections for the country's economic performance this year, predicting the economy will shrink and unemployment will rise. ...more

February 19, 2009

The Federal Reserve warned Wednesday that the nation's crippled economy is even worse than thought and predicted it would deteriorate throughout 2009, with no sign that the housing market will stabilize. ...more

February 18, 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

If given a choice, would Hillsborough County school employees choose layoffs and salary cuts to help close a multimillion-dollar deficit, or would they take a few days off without pay? ...more

January 17, 2009

With the economy in crisis, President-elect Barack Obama urged the new Congress to pass a quick economic stimulus bill, pledged help for the troubled auto industry and blessed the Bush administration's bailout of the financial industry. ...more

November 24, 2008

In the midst of a bear market, Tom Payant, the CEO and chairman of Payant Financial Plaza in Sun City Center, said he spends a lot of time on the phone easing his client's many fears. Meanwhile, Payant and other Sun City Center financial advisors continue to brave the financial jungle. ...more

November 5, 2008

Comparisons to Pearl Harbor might have been an exaggeration, according to two University of Florida economics professors. ...more

September 26, 2008