Fiscal cliff would drive the U.S. economy back into recession.

Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

Madoff Trustee: Mets Owners Ignored Ponzi Warning Signs

The New York Mets' owners, their families and businesses were one of the largest beneficiaries of Madoff's fraud..

Source: www.wsj.com

The Fed prepares to make another BIG mistake

The Fed's decision to buy $600 billion more of U.S. Treasury debt is setting off a debate...

P&G Chief Wages Offensive

P&G chief Robert McDonald is mounting an attack on the consumer-products industry....

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Dow Loses Grip on the Year's Gains

Unsettling data and central-bank messages from the U.S., Asia and Europe pushed global growth fears to the fore on Wednesday...

Weak US retail sales data hits World Stocks

World stocks were weighed down Friday by news of an unexpected drop in U.S. retail sales, which suggests the recovery in the world's largest economy is slower than expected...

U.S. stocks' pullback reaches 15% on key indexes

After Monday’s decline, the average New York Stock Exchange stock now is down 15.7% from its April peak, as measured by the NYSE composite index. The index is down 4.1% just since the end of May.