For the first time in four years, employers have cut jobs, raising new fears that a deep housing slump and painful credit crunch could push the economy into a recession. ...more

September 8, 2007

Wall Street shook off early uncertainty to close moderately higher Thursday as a series of mixed economic reports managed to make investors more optimistic about the chances for an interest rate cut. ...more

September 7, 2007

Stocks finished sharply lower Wednesday as a jittery Wall Street sold off on a report showing a large drop in pending home sales and read anecdotal data from the Federal Reserve's regional banks as offering little assurance that an interest rate cut is likely. The Dow Jones industrial average dropped more than 140 points. ...more

September 6, 2007

A painful credit crunch is taking its worst toll on the ailing housing market, and its effect on the rest of the economy so far seems limited, the Federal Reserve reported Wednesday. ...more

September 6, 2007

Wall Street extended its rebound from the big summer slump Tuesday after dips in manufacturing growth and construction spending raised investors' hopes for an interest rate cut. ...more

September 5, 2007