Black Monday

(Newser) - The NFL regular season is in the books, and one of the biggest questions on "Black Monday"—the day when coaches' heads often roll—is one that would have been unthinkable not too long ago: Will the Patriots fire Bill Belichick? The 71-year-old's once-powerful team just wrapped...

(Newser) - Wall Street observed the 20th anniversary of Black Monday with an absolute bloodbath today as the Dow fell a whopping 366.94 points to close at 13,522.02. Wachovia, Caterpillar, and Honeywell led a host of disappointing earnings reports, driving every major index down over 2.5%. The S&...

(Newser) - Twenty years ago, Black Monday—now, the credit crunch. Haven’t we learned a thing? Yes and no, says MSNBC: Today, "circuit breakers" make a 1987-style sell-off unlikely by cutting off trading at certain limits. And new, tighter mortgage standards will keep credit under control. But greed and fear...