Financial & Economic Blog

Stocks tumbled Friday, in the second worst day of 2008, after AIG's record loss added to worries about the financial sector and more weak economic news intensified fears about a recession.

Gold prices surged Friday as dollar weakness and a brutal selloff on Wall Street sent investors in search of a safe haven.

Gold prices surged Friday as dollar weakness and a brutal selloff on Wall Street sent investors in search of a safe haven.

Retirement doesn't appear to be a priority for Berkshire Hathaway's 77-year-old chief executive, Warren Buffett.

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Read full story for latest details.

Read full story for latest details.

Read full story for latest details.

Stock futures sank early Friday after a huge loss at insurer AIG raised worries about the credit crunch and investors awaited another wave of economic reports.

Stock futures sank early Friday after a huge loss at insurer AIG raised worries about the credit crunch and investors awaited another wave of economic reports.