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Ed McMahon can stay put. Publicist Howard Bragman confirmed Thursday that the TV icon and his wife have no plans to move from their home, which has been facing foreclosure for nine months. ...more
December 19, 2008
Jobless Claims Jump As Housing Market Gets Weaker WASHINGTON (AP) - Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. ...more
July 27, 2008
Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market. ...more
July 4, 2008
Investors weren't at their finest Tuesday. A tsunami of selling drove the Dow Jones average down 464 points, only to bounce back and end the day off 128 points. Big rises and falls continued through the week. ...more
January 27, 2008
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