The prospect of a bear market, and the pessimistic investment environment that it entails, carry disconcerting near-term implications. In the 26 bear markets since 1929, the S &P 500 — the index ...

Just 20 days ago, the US stock market was sitting at all-time highs. The US economy appeared to be growing at a solid pace. And a recession was nowhere in sight.

Service industry grows: Service-based industries make up 70% of GDP. Those industries grew in July for the 47th time in 50 months, the Institute for Supply Management reported Monday. Signs of ...