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(NEW YORK) The worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. Confronting opposition ...

Retail sales sink as Dems seek auto industry loans - Newsweek

Bryan and Trudi Sorge used two credit cards with 0 percent interest rates to pay for a new deck at their Pine, Colo., home, unaware the transaction would lower their credit score. "We thought why use the cash, this is easier," said Trudi, 47. "But ...

Credit scores more important than ever for best loan rates - Contra Costa Times

NEW YORK - Wall Street retreated sharply from the previous session’s big gains Friday as investors absorbed another wave of downbeat economic news and took little comfort from hints that an additional interest rate cut might be possible. The Dow ...

Stocks retreat as investors refocus on economy - MSNBC

OK, think about this — it is easy for a big corporation to protect their pocketbook. We need to fix housing first? Don’t think so! There’s the credit crisis ... Don’t think so! It is easy for a big corporation to say, “Sorry, don’t need ...

Return to reality is best fix for bad economy - Dunn County News

U.S. Federal Reserve and Bank of Japan officials said they were on alert for signs of deflation and grappling with how the central banks would keep it at bay as interest rates approach zero. St Louis Federal Reserve President James Bullard said the ...

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