Stocks tumbled Friday morning after a government report showed unemployment at a five-year high, exacerbating fears about the recession.
Bonds rise after weak jobs report
Bonds rose Friday morning after a disappointing report on the U.S. job market raised fears that the economy is in a recession.
Cheap gas can't save the economy
The stock market stinks like a moldy piece of Limburger cheese. Unemployment is on the rise. Home prices continue to fall. There are fears that one...
Pound falls again against dollar
Sterling's losses mount as the currency hits its lowest in six years against the dollar on fears of a deep recession.
Stocks hurt by retailers
Stocks fell Wednesday morning as a fresh bout of weakness from major retailers stoked fears that anemic consumer spending will push the economy into...
Oil falls to below $60 a barrel
The price of Brent crude oil falls below $60 a barrel for the first time in 20 months, amid fears of a recession in the US.
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