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The sell-off is relatively subdued after the Labor Department reports the heaviest job losses in 34 years.

Stock prices fell this morning after the Labor Department reported the heaviest job losses in 34 years, but the decline was relatively muted given that layoffs were far higher than predicted.

Labor Department statistics show that U.S. employers have cut 1.2 million jobs in the last three months. 'This was much worse than was expected,' one analyst says.

The bottom fell out of the job market last month, with businesses laying off a staggering 533,000 workers -- many more than even gloomy economists predicted. It was the worst one-month decline in more than 30 years, the government reported today.

WASHINGTON -- A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy.

WASHINGTON -- Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.

NEW YORK -- Wall Street was on edge Friday as investors waited to learn how many jobs were lost as employers slashed their payrolls in November. Stock index futures were trading moderately lower.

Motorcycle exhibition this weekend in Long Beach will pay special attention to riders who value economy over power.

The 28th annual International Motorcycle Show, rolling into the Long Beach Convention Center today, caters to the crowd that wants its bikes bigger, better and faster. But, in a nod to changing times, there's a new feature this year: a scooter pavilion.

TECHNOLOGY AMD cuts sales forecast for quarter

The event in Long Beach will pay special attention to riders more interested in economy than muscle.

The 28th annual International Motorcycle Show, rolling into the Long Beach Convention Center today, caters to the crowd that wants its bikes bigger, better and faster. But, in a nod to changing times, there's a new feature this year: a scooter pavilion.

An executive says the company expects to apply for FDA approval to sell the diabetes treatment device next year.

MannKind Corp., the company staking its future on inhaled insulin, said Thursday that its drug didn't cause adverse lung effects in the last studies for U.S. regulatory approval.

Mattel and eight other companies agree to pay $1.8 million and to comply with new federal lead limits.

Mattel Inc. and eight other toy makers Thursday agreed to pay $1.8 million and accelerate reductions in the levels of toxic lead in consumer products to settle an environmental lawsuit brought by the state and the city of Los Angeles.