Yesterday was one of the worst days for global stock markets since the 2008 collapse of Lehman Brothers. A sell-off in European markets continues today.
Sharp stock market drops of late are reminiscent of the 2008 crisis — and that's put investors on edge. But the roots of our current economic turmoil are much different than the causes of the last recession.
New York bureau chief Heidi Moore discusses what S&P's downgrade was really about and how we are going to get substantive economic help out of what's going on
How Europe is dealing with the U.S. downgrade news, in light of its own debt problems, and the latest on China's reactions as the largest foreign holder of U.S. debt
Markets are down slightly this morning, but Marketplace's Jeff Horwich says that stocks could see a big gain: because the downturn has investors seeing sale prices.