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

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»

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 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»

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

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»

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