Oil prices dropped on Tuesday to their lowest level in 20 months on, since March 2007, as one of the worst economic slowdowns in recent months continued to slower consumption around the world.

Will stocks pay off in the long run? This question is the most relevant in the current market meltdown. Statistics show stocks have paid off in the past, but it all depends on how long you're willing to wait.

The U.S. economy shrank during the third quarter as consumers cut back on their spending by the largest amount in 28 years, underscored the terrible toll of the housing, credit and financial crises as well as sent the strongest signal the country has plun

The Federal Reserve on Wednesday lowered its target for overnight federal funds rates by a half point to 1.0 percent in effort to turn around the economy hit by financial crisis. The vote to lower the Fed funds rate was unanimous.

U.S. consumer confidence plunged in October to its all-time low as consumers badly hurt by the financial crisis, the Conference Board reported Tuesday.

A closely watched gauge of U.S. home prices, the Case-Shiller Home Price 20-city index, dropped 1percent in August and fell a record 16.6percent from the previous year as the downturn in residential real estate prices continued, Standard & Poor published

U.S. stocks blasted higher Tuesday afternoon, wiping away a week's worth of steep losses as bargain hunters flooded the market and investors expected for an interest-rate cut by the Federal Reserve on Wednesday.

Volatility Index, known also as the VIX, helps investors measure the blood in the streets. Peaks in the VIX are closely associated with market bottoms. That's because climaxes of fear are times when everyone who's ever going to sell has sold. And when all

Only a few weeks ago Volatility Index has come under spotlight when financial news outlets invoked the index in their market commentary. Unfortunately most of the general public was blissfully unaware about it.

U.S. and international stocks sprang higher on Monday to end brutal week for stock market around the globe. A frantic weekend of international government actions bolstered confidence in the banking sector and credit markets.