Housing slump deepens as prices fall 0.5 percent in March
The Case Shiller 20 city index shows prices down 0.5 percent from February with six straight monthly declines and 13 cities posting losses. Experts warn of a double dip amid weak job growth and tight credit, while tax credits failed to lift values.
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Worries push down market for crude oil
Oil prices fell for a third week as stock markets declined and fears of a European debt crisis persisted. Benchmark crude for July delivery closed at 68.75 dollars a barrel on the NYMEX, with gasoline and heating oil also lower amid ongoing Gulf spill concerns.
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Dow dips below 10000 then rebounds amid European debt concerns
The Dow Jones fell to its lowest level of the year before finishing down 22.82 at 10,043.75 as bank stock gains and political signals limited moves on derivative rules. The Nasdaq and S&P 500 closed modestly higher and lower respectively amid fears of a wider European recession.
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Wal Mart worker loses job after foiling thief
Wichita Walton employee Heather Ravenstein tried to stop a shoplifter stealing a $600 computer Friday night. She pursued the suspect and recovered the item but was fired the next day for acting outside policy. Ravenstein, a 30 year old single mother, says she acted to save the store money and protect customers.
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