We have been hearing a lot of rumors that the recession is finally over, and we get another hint at this today with a new report that the majority of economists believe that the recession has ended but econonic recovery is going to be slow. According to a poll by National Association for Business Economics, 80% of economists that it polled stated that they believe the recession has ended and the ...

For the first time in over 11 years, the market dropped below the psychological 7,000 mark today, as investors continue to weigh concerns over a struggling financial sector, and worry over how deep and long lasting the current session is going to wind up being. When the smoke finally settled this afternoon, the DOW showed a hefty 4.2% loss, closing all the way down at 6,763.29.  The NASDAQ also took a ...

Despite being hit with some seriously unfavorable employment data today, Wall Street made strong gains to close out the week today. The DOW was up 2.7% today, the NSADAQ inched up 2.9%, and the S&P posted a rise of 2.7%. Earlier in the day, it appeared as though we may be in store for a sell off when the Labor Department released unemployment data for January. In its report, it said that ...