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In 17 out of 20 major American cities, home prices in September were lower than in August, the latest S&P/Case-Shiller home price index shows. 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»

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»

World markets rallied in relief on news of a last-minute deal to raise the U.S. debt ceiling and avoid an unprecedented default. Read more»