U.S. jobs disappear

The labor market struggled in August with the unemployment rate near a five-year high and net job losses extended for an eighth month.

Economic worries rock Wall St.

Bleak jobs data fueled fears the U.S. economy is in another downturn, sending investors to the exits in the biggest Wall Street sell-off in two months [more...].

Bleak jobs data fueled fears the U.S. economy is in another downturn, sending investors to the exits in the biggest Wall Street sell-off in two months.

Oil drops $5 as Gustav fades

Crude oil toppled to a five-month low as initial signs suggest Gustav did not cause major damage to oil operations in the Gulf.

Consumer incomes fall, but mood rises

U.S. personal incomes were down, while consumer inflation rose to a 17-year, but consumers looked on the bright side in August.