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Stocks rally to best quarter since 1998

U.S. stocks recorded their biggest first-quarter point gain in 14 years Friday.... Read more»

Dow Jones, S&P have worst Thanksgiving week since '42

The Dow Jones industrial average and S&P 500 index had their worst Thanksgiving week since the markets began observing the holiday in 1942, with the Dow losing 4.8 percent and the S&P slumping 4.7 percent.... Read more»

Supercommittee fails to cut deficit

A Congressional supercommittee responsible for reaching a possible deficit reduction agreement announced Monday that it has failed to cut the federal deficit by $1.2 trillion.... Read more»

Stocks plummet as debt talks fall apart

Stocks dropped Monday, with the Dow Jones industrial average down over 300 points, as Congress’ debt talks are falling apart. A 12-member bipartisan panel was assigned to cut $1.2 trillion from the federal deficit by Wednesday but it seems the panel is ready to admit it has failed much sooner. ... Read more»

Market crash could signal recession

Stock market crashes are rarely happy events for human beings (except, of course, for short sellers who guessed right). But what's the impact of a sustained and steep market decline on the overall economy?... Read more»1


It's time to face the ugly truth about the U.S. economy

As Wall Street tumbled, pundits and prophets of doom pointed their fingers at Standard & Poor's downgrade of U.S. debt. Those on the political right pointed barbed tongues at President Barack Obama and his policies, and by the end of the day, all the main stock market indexes on Wall Street pointed markedly lower.... Read more»

S&P got it wrong, Buffett says

U.S. billionaire Warren Buffett not only thinks that Standard & Poor's shouldn't have downgraded the country's credit rating from AAA to AA+ — he thinks it should have been raised to "quadruple A."... Read more»1

Dow Jones CEO resigns amid Murdoch phone-hacking scandal

Dow Jones CEO Les Hinton has resigned amid the continuing phone-hacking scandal at Rupert Murdoch’s embattled News Corp.... Read more»