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

Spring's Economic Rebound Unlikely To Last Gross domestic product, or GDP, grew at a 3.3 percent annual rate in the April-June quarter, its fastest pace in nearly a year, the Commerce Department reported Thursday. ...more

August 31, 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

Billionaire investor Warren Buffett said Friday the economy continues to be in a recession, by his definition, and will continue to be for at least several months. ...more

August 23, 2008

Top economists from Wachovia and Regions banks say there's little doubt Florida has fallen into a recession. ...more

August 7, 2008

Exxon Mobil reported the fattest operating profit in U.S. corporate history Thursday but took a beating anyway - from politicians railing against Big Oil, drivers bleeding cash at the pump and investors who expected more. ...more

August 1, 2008

The prospects for a quick economic recovery dimmed Thursday, with new data showing the economy grew at a slower-than-expected rate this spring despite some oomph from tax rebate checks - and actually shrank late last year. ...more

August 1, 2008

Just for a minute let's set aside all the bad things plaguing the financial world. Even in these gloomy times, there's some good news worth checking out. ...more

July 31, 2008

The intense pain caused by the bursting of the housing bubble is beginning to ease. Really. ...more

July 11, 2008

Sales of new homes tumbled for the sixth time in seven months in May while median prices kept plunging, underscoring the depth of the nation's housing woes. ...more

June 26, 2008