tag:Economy News

Consumers may soon notice that it's harder to find products like bananas, electronics and *gasp* booze, now that dockworkers at ports from Maine to Texas are officially on strike.As of Tuesday, 36 East and Gulf coast ports have shut down…

Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market.Large rate cuts – such as those Fed officials approved and forecast last week – typically reflect an economy…

Americans woke up Monday morning to a stock market that was plummeting, further evidence that the country could be heading toward a recession.The Nasdaq and the S&P 500 were each down 3% on the day, and the Dow lost 2.6%. The…