<< Read Full Article
<< Read Full Article
Fed: Economy Worsens Heading Into Holidays
By Jeannine Aversa
WASHINGTON -- The country's economic picture has darkened further as Americans hunkered down heading into the holidays, forcing retailers to ring up fewer sales and factories to cut back on production.
The Federal Reserve's new snapshot of business conditions nationwide, released Wednesday, suggested the economy was sinking deeper into recession.
"Economic activity weakened across all Federal Reserve districts," the report, known as the beige book, concluded. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,087.27 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
23.36
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-2.10%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet