Wall Street plunged Tuesday, driving the Dow Jones industrials down 370 points after investors saw an unexpected contraction in the service sector as evidence the economy is sinking into recession. It was the Dow's biggest percentage drop in almost a year. ...more

February 6, 2008

Investors weren't at their finest Tuesday. A tsunami of selling drove the Dow Jones average down 464 points, only to bounce back and end the day off 128 points. Big rises and falls continued through the week. ...more

January 27, 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

The bank branch on the corner might be changing names - again. Get set for the next wave of consolidation that could sweep through the nation's banking industry this year. Chief executives at some of the top regional players might be mulling deals to salvage businesses pummeled by the subprime mortgage market's collapse. ...more

January 12, 2008

The assassination of Benazir Bhutto is likely to further complicate business relations between the United States and Pakistan, which is already a major manufacturer of clothing and has been pushing for deeper private-sector ties. ...more

December 28, 2007

even if we don't get a recession. Investors are anxiously awaiting third-quarter earnings, worried that a slowing economy may have damaged company profits. But even if the economy keeps humming along, things could get rough for stock-market investors. ...more

October 7, 2007

An Associated Press analysis of new census data provides insight into the reasons for the slumping housing market: Since 1990, homeowners have faced a growing gap between their incomes and the price of their homes. ...more

September 12, 2007