S&P 500 index takes biggest drop this year following Federal Reserve doubts about stimulus

  • Article by: MATTHEW CRAFT , Associated Press
  • Updated: February 20, 2013 - 4:12 PM

NEW YORK - The stock market posted its biggest loss this year on news that Federal Reserve officials suggested the central bank scale back its effort to keep borrowing costs low.

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clnorthFeb. 20, 1311:39 AM

Gas near $4/gallon. Get ready for another "unexpected" slide.

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ciamanFeb. 20, 13 2:27 PM

This article says that housing is down. Yet in another article it said that housing is good!? These cannot be true, right? Something is bad here and it is right in front of us. Housing is down and will continure to slide as the young are still living at home with mom and dad. They cannot get any decent job and that is why the young cannot get married or buy homes. Clear? And the boomers are still living in their homes since they cannot afford anything else. And they will work for years to come. These are facts, not opinions. Better think, people.

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