Thursday's stock market selloff reflects a sobering truth: Nine months of strong medicine have failed to cure the credit crisis and left the economy in a weakened state.
German production stalls in June
Industrial output in Germany grew by just 0.2% in June, adding to fears the economy is on the brink of sliding into a recession.
Bank holds UK interest rate at 5%
The Bank of England keeps its key interest rate at 5% as it weighs up the slowing economy with inflation worries.
Bad economy tops voters' minds
As election day draws nearer, the economy is becoming the defining issue for more Americans as they size up the candidates, a poll released Wednesday...
Credit losses aren't done yet
Merrill Lynch's fire sale of toxic mortgage debt last week has generated hopeful discussion about the beginning of the end of the credit crisis being...
Fed leaves rates unchanged
The Federal Reserve left a key short-term interest rate unchanged Tuesday and cited both the risk of a slowing economy and inflation pressures, a...
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