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The outlook for the back-to-school shopping season seemed grim Thursday, as retailers' July sales reports showed an increasing shift toward buying necessities such as food and household supplies at discounters and away from discretionary spending on clothing. ...more
August 8, 2008
TALLAHASSEE (AP) - The values of homes, businesses and other properties across Florida declined $153 billion during the last year, and the murky economic picture isn't expected to improve until sometime in 2009, state officials said. ...more
August 7, 2008
The values of homes, businesses and other properties across Florida declined $153 billion during the past year, and the murky economic picture isn't expected to improve until sometime in 2009, state officials said. ...more
August 7, 2008
Top economists from Wachovia and Regions banks say there's little doubt Florida has fallen into a recession. ...more
August 7, 2008
Confronted by problems at every turn - rising unemployment, shaky growth, credit troubles and creeping inflation - the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move was no move at all. ...more
August 6, 2008
For many Americans, rising unemployment, higher gas and food prices, and the housing slump have felt like an economic downturn. Now the government's data are catching up. ...more
August 1, 2008
Questions and answers about the housing bill signed by President Bush on Wednesday to help as many as 400,000 struggling homeowners facing foreclosure: ...more
July 31, 2008
Christmas in July? Maybe not a bad idea this year. Retailers are already talking about price increases of up to 15 percent this year on holiday goods, from staples like tree ornaments and toys to luxury gifts like European handbags and clothing. The main cause? It's the same old chestnut, soaring energy prices. ...more
July 31, 2008
There's a debate in the media about the recession. ...more
July 25, 2008
Cash-strapped homebuyers and borrowers facing foreclosure will get some relief from a housing bill passed by the House on Wednesday but the bill won't solve the deep-rooted ills of the U.S. housing market. ...more
July 24, 2008
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