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  • Index: Weak economy may dodge a recession

    Monday, May 19th, 2008

    Gas prices are high, food’s more expensive and the job market’s cold, but the U.S. may still avoid a recession.That was the message Monday from a private business group whose index of leading economic indicators defied expectations and inched higher in April.
    The New York-based Conference Board said its forecast of future economic activity rose 0.1 […]

    Summer may bring a turning point for stock market

    Saturday, May 17th, 2008

    After nine months of turmoil that started with the collapse of the subprime mortgage market, Wall Street appears to be at a turning point of sorts.The data of the past few weeks have given investors some hope that the worst of the credit crisis has passed, that the economy isn’t losing jobs at a dangerous […]