Fears the U.S. will sink into a recession slammed head first into Wall Street on Wednesday, sending the Dow plunging to its worst percentage drop since October 1987.

An ugly report on retail sales served as a wake-up call for the markets, reminding Wall Street that even as the ailing credit markets appear to have improved, the economy is still in a precarious state. picked by ImNotBlue 1 year ago

Broke foodies might like to whip up a batch of lettuce soup and other recession recipes to save money.

Fascinating read. I definitely won't be trying any of these. picked by doggylives 2 years ago

Economist predict that the recession in the United States will last for 14 months.

*Not* another depression. picked by JoshSF49 1 year ago

Jam making is enjoying a resurgence as consumers try to save money in the recession and make the most of this summer's bumper crop of fruit. picked by AutumnLotus 4 months ago

Before condos in Williamsburg started selling at a loss and weekend flights to L.A. dropped to under $200, New York's cocaine dealers were supplying good times to people who indulged like the party wouldn't end. Before the recession, "I was making deliveries every night of the week," says Eddie, a middle-aged man who exclusively deals cocaine. picked by nateebiinature 3 months ago

The current global recession is "the most serious for over 100 years", cabinet minister Ed Balls has said.

*Mr. Balls* picked by Bornbad 10 months ago

Across the country, the recession is giving extra sizzle to cooking at home. But this isn't Mom's meatloaf or macaroni and cheese. People who grew accustomed to dining out every night still want to eat in style. picked by kakana 8 months ago

Sunday night saw the fall of the two remaining big-boy investment banks to the US government. The government has now bailed out or allowed the collapse of all of Wall Street's investment banking firms in an effort to plug the damn holding back an impending economic crash. picked by Rowangrey 1 year ago

"There has to be a modification of the greedy behavior of some of these people," he said, using the word "greedy" repeatedly in remarks to the Associated Press annual meeting at the Washington Convention Center today. picked by deEPCHill 2 years ago

Mom said that I could eat as much McDonald's as I want, and she even offered to leave me there in the ball pit for an entire day while she went and looked for new jobs! Awesome! picked by tvirus 9 months ago

Millions of Britons struggling with debt are being left without access to consumer charities due to a severe lack of funding.Here we take a quick look at the best tips for helping yourself out of debt. picked by iamamaniac 6 months ago

The wave may sweep away sales of new systems from companies like Cisco Systems Inc. and Dell Inc., which are already suffering amid the recession and increasingly competing with sellers of their own used products. picked by bellybombers 12 months ago

A brothel in Berlin is looking to fight the global financial crisis by offering unlimited food and drink, and unlimited women, for a flat rate during off-peak periods. picked by AutumnLotus 8 months ago

"The labor market has indeed turned south," said Joel Naroff, president of Naroff Economic Advisors. "That was the one last bastion of hope to stay out of a recession. Now the question is how deep and how long will it last?" picked by keroberos32 2 years ago

While boom years gives us radical innovation and improve consumer choice, recessions help us focus on what's really important and accelerate the demise of technologies and companies that are already obsolete. picked by equinox 10 months ago

A new tax year has begun which provides a great opportunity to do a little financial spring cleaning. Even in a tough economy, it is possible to spend less without making major sacrifices picked by Bornbad 7 months ago

Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 600 points and erasing a huge chunk of last week's big gains.

Update: picked by ImNotBlue 12 months ago

Despite his obvious general intelligence, and uplifting and motivational eloquence, Sen. Obama reveals this startling economic illiteracy in his policy proposals and economic pronouncements.

(Good Read..from WSJ) picked by JoshSF49 1 year ago

And it comes in a fun chart! picked by gammerus 7 months ago

Once the recession is done (hopefully soon), people will be getting RICHHH (HOPEFULLY SOON) and when that happens, don't you want to know which private jet fits you the best to buy or rent? Give this short quiz a go. picked by bellybombers 11 months ago