The latest news on economy
With Fed rates cuts seemingly ineffective and the dollar plunging, all signs point to an expensive government fix for the housing crisis.
Long the saving grace in the real-estate market, plummeting commercial construction may finally break the economy's back.
The famed investor thinks America is in recession. Meanwhile, he made $100 mil on Brazilian currency.
With losses in Asian markets and spreading credit fears, bullish sentiment is scarce.
Fast-growing Asian economies may help keep America out of recession.
Strategist Ed Yardeni now thinks a recession started last month.
President Bush's surprise over the prospect of $4-per-gallon gasoline shows he may be overrating those rebates.
But they are skeptical that the economic stimulus package will help them.
The economy has weakened but seems to be holding on.
The treasury secretary doesn't think the housing crisis calls for radical government action.