Coming up Wednesday

Wildfires burn through Colorado causing thousands to evacuate, and protests in Turkey are in 13th day. Tune in at 7am ET.
July 25th, 2012
11:54 AM ET

How has the economy changed since last summer? Christine Romans weighs in

(CNNMoney) - U.S. stocks fell sharply Tuesday, with the Dow suffering a triple-digit decline for a third session, on a combination of gloomy factors.

However, the market recovered some ground just before the closing bell after a report in the Wall Street Journal suggested the Federal Reserve may be moving toward more simulative monetary policies.

The outlook for U.S. economic growth has dimmed amid a recent spate of disappointing reports, including weak manufacturing data from the Richmond Federal Reserve Tuesday.

On Starting Point this morning, Christine Romans breaks down the latest economic data and discusses Congress' role in the continuing downturn.

Filed under: Business
soundoff (No Responses)

Post a comment


CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.