December 2, 2008
U.S. stocks rose Tuesday following Monday's huge stock market sell-off that represented the fourth largest point decline on record for the Dow industrials. The broader...
December 1, 2008
Now it's official. On Dec. 1, the Business Cycle Dating Committee of the National Bureau of Economic Research—the widely acknowledged arbiters of when the U.S. ...
December 1, 2008
Different month, same stock market. U.S. stocks suffered a sharp sell-off on the first day of December, and closed at their worst levels of the session. The large-cap ...
November 26, 2008
There was nothing but gloom in the slew of U.S. economic reports released Nov. 26, as the organizations responsible for their production raced to get out their data ...
November 26, 2008
The drumbeat of bad economic news continues, and policymakers keep coming up with big-money strategies to arrest the damage. The latest move by the Federal Reserve and...
November 25, 2008
Somewhere, the Grinch is smiling. This holiday shopping season—specifically, the combined months of November and December—will likely produce worse ...
November 25, 2008
Add another acronym to the U.S. government's alphabet soup of financial relief programs: TALF. Under the Term Asset-Backed Securities Loan Facility, announced Nov. 25,...
November 20, 2008
Forget inflation for now. Prices are falling on almost everything, including stocks. Investors need to adjust to a new reality: A few months ago, inflation was a top ...
November 20, 2008
The current U.S. downturn continues to generate remarkable moves in economic data. Consider the reports on U.S. consumer prices and housing starts for October, ...
November 20, 2008
Economic reports this week will shed light on three crucial areas that will determine just how far down the U.S. is sinking in to recession this quarter: housing, ...
November 13, 2008
Get ready for more dismal October economic data this week. It begins with industrial production, moves on to housing starts, and ends with the leading indicators ...
November 7, 2008
U.S. stocks moved solidly higher Friday as a weak jobs report failed to prevent a rebound from steep declines earlier in the week. Some observers argue that Friday's ...
November 7, 2008
Confirming Wall Street's fears, the U.S. employment report for October, released Nov. 7, showed a worse-than-expected pace of job losses for the U.S. economy. Nonfarm ...
November 6, 2008
As the U.S. faces a serious economic downturn, many Americans are seeking out the cheapest possible option when buying necessities. Enter ultra-discounters like Dollar...
November 6, 2008
The October U.S. employment report, scheduled for release Nov. 7, should prove the worst one yet for the current downturn, and will set the stage for the degree of ...
November 6, 2008
It’s been an eventful couple of weeks in both politics and the economy. The data are starting to make it clear that President-elect Barack Obama will inherit the ...
November 6, 2008
U.S. stocks on Thursday extended the steep losses from the previous session, with the Dow industrials logging a second straight decline of over 400 points. A negative ...
November 4, 2008
Is it too soon to wonder whether the government's $700 billion financial rescue program has gone off track? The U.S. Treasury has taken a lot of flack in the past few ...
November 4, 2008
Investors will be spending the morning after the election of a new U.S. President figuring out what it means for their investments and the stock market as a whole. (At...
November 3, 2008
We're almost there. The U.S. Presidential contest between Senators John McCain (R-Ariz.) and Barack Obama (D-Ill.) marked its final full day on Nov. 3 before U.S. ...
November 1, 2008
"Are you better off?" It's a question the candidate of the challenging party asks during each Presidential campaign. The economy, of course, is the No. 1 issue this ...
October 30, 2008
In June 2004, Alan Greenspan—remember him?—raised the fed funds rate target from 1% to 1.25%. As BusinessWeek wrote at the time, the then-Federal Reserve ...
October 30, 2008
It’s election week, and investors will finally get a look at the political backdrop the markets will be facing for the next few years. However, as important as that ...
October 30, 2008
The Federal Reserve said in its Oct. 29 policy statement that "[t]he pace of economic activity appears to have slowed markedly," and a look at the U.S. third-quarter ...
October 28, 2008
One phrase you probably haven't been hearing in recent weeks: "do-nothing central banker". The U.S. Federal Reserve and its counterparts have been busy slashing rates,...