The nation's stores finally got some relief this Thanksgiving weekend, according to data released late Monday, but the sales gains were modest and analysts worry the pace can't be sustained through the season and beyond as shoppers worry about the recession. ...more

December 2, 2008 |

"Tell me how this ends," Army Gen. David Petraeus once asked a reporter. At the time, the U.S. military effort in Iraq was mired in futility. Today, he has his answer. The Iraqi Cabinet has approved a proposed security agreement that calls for the withdrawal of all U.S. troops by the end of 2011. Most Americans would say it's about time. ...more

November 24, 2008 |

Oil prices on Thursday hit levels not seen in more than three years and retail gasoline prices are now below $2 across nearly half of the country on dour economic reports suggesting a painful economic pullback. ...more

November 21, 2008 |

NEW YORK (AP) — A disheartened Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industrials fell 400 points, and all the major indexes dropped more than 4 percent. ...more

November 12, 2008 |

Wall Street joined stock markets around the world in a huge sell-off Friday, sending major market indexes to their lowest levels in more than five years on the belief that a punishing economic recession is at hand. A grim outlook from electronics maker Sony helped trigger the selling, and another bleak forecast from the automaker Daimler added momentum to the drop. ...more

October 25, 2008 |

General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks. ...more

October 12, 2008 |

After several weeks of declines in the Tampa Bay area, gas prices may start to creep up ahead of the Labor Day weekend. ...more

August 26, 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 |

Many more job cuts, likely totaling more than 6,000, are likely at American Airlines as the nation's biggest airline hunkers down and tries to survive record high fuel costs. ...more

July 4, 2008 |

All those job cuts at automakers, newspapers and even Starbucks are hard to stomach. But in a roundabout way, they may actually help the economy a bit. ...more

July 4, 2008 |