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The fallout from the vote against a bailout package for the U.S. financial system may well dig deep into the economy. ...more
September 30, 2008
New claims for unemployment benefits jumped last week to their highest level in seven years because of the impact of a slowing economy and Hurricanes Ike and Gustav, the Labor Department reported Thursday. ...more
September 26, 2008
The evidence is mounting that Tampa Bay home sales have hit bottom, even though prices are still in a free fall. ...more
September 25, 2008
Holiday sales are expected to grow at the slowest pace in six years as shoppers worry about jobs, the housing and stock markets and high gas and food prices, according to a forecast from the National Retail Federation being released Tuesday. ...more
September 23, 2008
Wall Street turmoil left John McCain defending his support for privately investing Social Security money in the same markets that had tanked earlier in the week. ...more
September 20, 2008
The flow of money through critical parts of the financial system all but stopped Wednesday, prompting the stock market to plunge again as banks lost faith in one another and investors rushed to U.S. government securities to protect their savings. ...more
September 18, 2008
Unemployment is at a five-year high. Financial firms that withstood the Great Depression are failing. Congress and a lame-duck president are gridlocked. So when John McCain declared that "the fundamentals of our economy are strong," it drew ridicule from Democrat Barack Obama. ...more
September 17, 2008
Battered housing developers are a getting a bit more optimistic about their prospects for the next six months, an index of the sector's confidence showed Tuesday. ...more
September 17, 2008
Pending U.S. home sales fell more than expected in July as the housing market's struggles continued, an industry group said Tuesday. ...more
September 10, 2008
a nonissue except at times such as the present when the two are sending conflicting messages. ...more
September 9, 2008
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