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Tag Archives | recession

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More economic worries: Stocks take another dive

The stock market took a beating again today. Some dramatic swings in the market over the past few days. Worries about the country tumbling into another recession reportedly caused the market to plunge more than 500 points today. When the market closed stocks had gained some ground — ending the day down 419 points. More on the stocks and the economic fears, which have investors jittery and scrambling for cover here on Reuters.

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We’re in a recession again

  It’s official. A report from the National Bureau of Economic Research confirmed what most Americans already know, we’re in a recession. The bureau evaluates the nation’s economic cycles and it says the U.S. has been in a recession since December 2007. On that news Monday, the shaky stock market took a serious dive with the Dow Jones Industrial closing down 680 points at 8,149 — one of  the worst declines ever. A lot of folks went shopping on Black Friday and Cyber Monday, but experts fear consumer spending is not going... Read More →

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