Retail sales bleak for July, reinforcing fears consumers won’t spend the economy to recovery

WASHINGTON — A bleak report on retail sales Thursday reinforced a nagging worry of economists: Shoppers won’t spend enough to help a recovery take hold.

Wall Street pulls back after weaker-than-expected retail sales report, jump in foreclosures

NEW YORK — Investors are looking at the economy more skeptically.

Wall Street falls in afternoon trading amid weaker-than-expected retail sales report

NEW YORK — Investors retreated further from the stock market Wednesday and turned to bonds instead after the government reported disappointing retail sales for April.

Wall Street falls in midday trading amid weaker-than-expected retail sales report

NEW YORK — Wall Street fell sharply Wednesday after the government reported weaker-than-expected retail sales in April. The Dow Jones industrial average fell more than 2 percent.

Wall Street falls in midday trading amid weaker-than-expected retail sales report

NEW YORK — Wall Street fell sharply Wednesday after the government reported weaker-than-expected retail sales in April.

Wall Street falls in morning trading amid weaker-than-expected retail sales report

NEW YORK — Wall Street fell sharply Wednesday after the government reported weaker-than-expected retail sales in April.

Wall Street falls in morning trading amid weaker-than-expected retail sales report

NEW YORK — Wall Street fell sharply in early trading Wednesday after the government reported weaker-than-expected retail sales in April.

Wall Street falls in early trading amid weaker-than-expected retail sales report

NEW YORK — Wall Street fell sharply in early trading Wednesday after the government reported weaker-than-expected retail sales in April.

Top SC court halts thousands of foreclosure sales to give homeowners chance to modify loans

COLUMBIA, S.C. — South Carolina’s highest court has temporarily stopped thousands of pending foreclosure sales so homeowners can take advantage of a new federal program to refinance mortgages.

Obama adminstration is set to launch effort to aid troubled borrowers with second mortgages

WASHINGTON — The Obama administration is expected to announce Tuesday that it is expanding its plan to stem the housing crisis by offering mortgage lenders incentives to lower borrowers’ bills on second mortgages.

Obama adminstration launches effort to aid troubled borrowers with second mortgages

WASHINGTON — The Obama administration said Tuesday it is expanding its plan to stem the housing crisis by offering mortgage lenders incentives to lower borrowers’ bills on second mortgages.

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