losses

Question: I'm retired and my 401(k) has lost approximately 35% over the past year. My financial adviser tells me to stay the course, but the losses keep mounting.

What should I do? -Dale Marcos, Lafayette, Indiana

AP - Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday.

U.S. stocks were poised to extend losses Thursday, a day after a rout on Wall Street sent the blue-chip Dow average below 8,000 for the first time since 2003.

Sterling's losses mount as the currency hits its lowest in six years against the dollar on fears of a deep recession.

Plus: Lenovo revenue plunges...Time Warner performance is flat...Pioneer predicts greater loss...Motorola losses return.

HSBC's losses relating to the US housing market reach $4.3bn in the third quarter.

Shares in Hong Kong carrier Cathay Pacific plunge 14% after it warns of falling revenue and fuel hedging losses.

AP - Democrats counted on solidifying their thin leadership grip on the Senate as voters flocked to the polls Tuesday to fill 35 Senate seats.

Embattled Republicans braced for losses but hoped they would be modest ones.

It might be possible to deduct some of your losses from retirement accounts on your taxes, but it's probably not a good idea.

The struggling company announces a third-quarter loss and delays the planned spinoff of its mobile-handset business amid macroeconomic woes.