MW: Dow tallies fifth straight loss as autos, GDP weigh
MARKETWATCH FRONT PAGE
U.S. stocks decline for a second session this week as worries intensify that federal funds might not salvage the auto industry, and economic reports illustrate the economy’s decline and ongoing trouble in the housing market. See full story.
Details of Obama's stimulus still being negotiated: Biden
Barack Obama’s transition team is still negotiating the nuts and bolts of its economic-stimulus plan with Congress, but no deal has been reached, Vice President-elect Joseph Biden says. See full story.
The Technical Indicator: Closing out the historic 2008 market crash
The U.S.markets are closing out the 2008 market crash with a guardedly positive technical outlook to start next year. See full story.
Economic Report: U.S. data show sales of new homes at lowest level in 17 years
Sales of new homes in the U.S. decline to their lowest level in more than 17 years during November, falling 2.9% to a seasonally adjusted annual rate of 407,000, according to the Commerce Department. See full story.
Economic Report: U.S. Nov. existing-home sales fall 8.6%; home-price drop a record
Resales of U.S. single-family homes and condos fell 8.6% in November to a seasonally adjusted annual rate of 4.49 million, the National Association of Realtors reported Tuesday, even as home prices fell at the fastest annual pace on record. See full story.
MARKETWATCH PERSONAL FINANCE
Divorce rates drop as couples stay together due to tight finances
The recession and economic turmoil is creating a new class of casualties: Married couples who can’t afford to get divorced. In these tough times many people are finding it’s cheaper to stay together, even when they can’t stand each other.