The US Federal Reserve has moved in an unprecedented fashion and without a complete and unanimous vote to cut the fed funds rate by 75 basis points to 3.5 percent. Read More

As we reported earlier today, the Federal Open Market Committee (FOMC) sliced and diced its symbolic target rate for fed funds by three-quarters of 1 percent or 75 basis points to 3.5 percent. Read More

US stocks quickly spiraled downward after the opening bell. Following the Federal Reserve’s emergency interest rate cut, stocks pared back losses. But the three major indexes still closed in the red. Read More

Another day, another pile of money ground up and spit out by the markets. How bad can it get? Well, plenty. All it takes is to put together a few bits of negative data, build a scenario around logical extremes and, presto: a compelling case that the market will head into the cellar, taking the economy with it. Read More

Breaking News: In the Jan. 23, 2008 issue of Personal Finance, we accidentally omitted buy targets for the following three Income Portfolio holdings and apologize for the inconvenience.  Read More

After an early-session rally, US stocks turned lower amid recession fears. President Bush announced a plan for a fiscal stimulus package to help the country’s wavering economy, which pushed stocks further into the red. Read More

US stocks plummeted today following Federal Reserve Chief Ben Bernanke’s comments on the country’s economic trouble. Bernanke said the outlook for the economy has worsened, pushing stocks deeper into negative territory on the worst-performing trading day of 2008. Read More

The downturn on the major indexes slowed in early trading as commodity prices turned lower. But following an intraday rally, US stocks dipped back into the red on overall gloomy economic prospects and disappointment in the tech sector. Read More

US stocks tumbled back into negative territory today on weak retails sales and significant losses reported by Citigroup Inc. The company lost nearly $10 billion in the last three months of 2007, the largest quarter deficit in its 196-year history. Read More

It’s getting pretty gloomy out there, and I’m not referring to the absolutely crummy weather the nation’s endured for seemingly weeks on end.  Perhaps it’s just me. You may find yourself in a nice, sunny clime as you read this, and your view on life and the markets may be a whole different than mine. Read More