It's ugly out there. As of late July, Standard & Poor's 500-stock index was down almost 13% for the preceding 12 months.
With the housing market on the skids and energy prices soaring, the economy seems more vulnerable than it has in decades.
At times like these, you may be sorely tempted to flee stocks before your 401(k) gets any droopier.
High food costs 'a global burden'
Almost two-thirds of people in 26 countries say higher food and energy prices have affected them "a great deal", a BBC report finds.
Existing home sales sink again
Sales of existing homes fell in August, according to the latest reading on the battered housing market released Wednesday by an industry trade group.
Consumer prices ease slightly
Consumer prices eased on an annual basis in August, bouncing off a 17-year high the previous month as energy prices fell, the government said Tuesday.
Tokyo's Nikkei index falls to 6-month low
Japan's key stock index sank to its lowest in nearly six months Thursday as investors unloaded banks and brokerages on unabated concerns over the health of financial markets.
US home sales 'decline in July'
Pending sales of US homes fell more than expected in July, as the housing market continues to struggle, says the main estate agency trade body.
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