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Shares in Jabil Circuit tumbled 21 percent Friday to their lowest point since 2002, after the company released profit forecasts well below Wall Street expectations. ...more
December 22, 2007
Wall Street plunged Tuesday after the Federal Reserve lowered interest rates by a quarter point, disappointing investors who were expecting the central bank to move more aggressively to help the economy overcome the credit and mortgage crisis. ...more
December 11, 2007
If you're a bond investor hankering for higher yields, here's a radical suggestion: Try stocks. ...more
December 2, 2007
General Motors Corp. probably thought nothing could be worse than poor quality ratings or a strike by the United Auto Workers union. ...more
November 30, 2007
Wall Street barreled higher Wednesday for the second day in a row, giving the Dow Jones industrial average its biggest two-day point gain in five years after a Federal Reserve official hinted that the central bank may lower interest rates again. ...more
November 29, 2007
Wall Street sold off sharply Monday as concerns about a weakening credit market wiped out investors' enthusiasm about strong retails sales during the holiday weekend. The Dow Jones industrial average fell nearly 240 points. ...more
November 27, 2007
Markets resumed their slide Monday as Wall Street absorbed a gloomy outlook for the banking sector, as well as bleak news from the National Association of Home Builders. ...more
November 20, 2007
Federal Reserve Chairman Ben Bernanke said Thursday that economic growth will slow noticeably in coming months while surging oil costs will raise inflation pressures. But he said the economy is nowhere close to the stagflation nightmare of the 1970s and he predicted an economic rebound by mid-2008. ...more
November 9, 2007
Wall Street suffered its second big drop in a week Wednesday, with investors worried about spreading fallout from the credit crisis at banks and about a dollar that just keeps getting weaker. The Dow Jones industrial average fell more than 360 points - just about matching its pullback Nov. 1. ...more
November 7, 2007
With Christmas only about eight weeks away, shoppers are feeling more forlorn about the economy than they have since hurricanes Katrina and Rita battered the Gulf Coast two years ago. ...more
October 31, 2007
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