downturn

Making a blunder with your finances can make a downturn even worse. Here are tips for sidestepping the pitfalls in credit cards, investing, college costs and other areas.

With their credit cards drained, the latest bankruptcy filers are deeper in debt than those in previous downturns.

Don't expect the US economy to burst out of its sharp downturn anytime soon. Here's why, and how investors can deal with a protracted slump.

With the unemployment rate rising and a recession mentality gripping the country, more families are applying for federal aid for students attending college.

The next stage of the downturn is likely to revolve around the worst slump in worker pay since the Great Depression.

Some investors say that the sell-off has gone too far and that stocks could rally if a downturn is not severe.

Two regional banks were closed by state regulators Friday as the downturn in the housing market continues to strain local lenders.

This downturn could be longer and deeper than I anticipated. With the $700 billion rescue plan a danger in itself, consider rebalancing your portfolio for harder times.

Federal Reserve chief Ben Bernanke warned Wednesday that the current Wall Street crisis could drag the U.S. economy into a deeper downturn and urged Congress to take action on a proposed bailout package.

When the credit crunch hit about a year ago, Wall Street was just recovering from losing thousands of jobs to recession and the World Trade Center attacks in 2001.

Amy Scott reports on how the latest downturn is affecting the rebuilding effort.