gloom
California's housing slump fast-tracks recovery for wildfire victims
SAN DIEGO - The housing slump is spreading gloom through the economy, but it's turned out to be a silver lining for thousands of Southern Californians who lost homes in last October's wildfires.
Stocks pull off a big turnaround
After being down more than 300 points midday, the Dow closes up 298 as bulls regain their footing following a five-day sell-off. The gloom on Wall Street suddenly lifted on Wednesday as buyers poured in and fueled a 600-point U-turn in the Dow Jones industrial average.
Dow dives on barrage of bad news
Most foreign stock indexes also fare poorly as concern over the course of the U.S. economy spreads. Wall Street's gloom over the economy thickened on Tuesday, and not even rumors of an emergency interest rate cut by the Federal Reserve were enough to stem the selling.
Investors in banks seeking a bottom
Countrywide's results, unveiled today, may offer clues to how much pain is still ahead. Will Countrywide Financial Corp.'s earnings report today deepen the gloom over housing-related stocks -- or lift it?
Housing data could set tone on Wall St.
The Federal Reserve may have thrown Wall Street a bone Friday by lowering the rate it charges banks, but if this week's housing market data and corporate headlines portend more gloom, it may have to toss another.
