Wall Street sank today, after weak readings on economic growth and the job market touched off renewed concerns about the financial health of businesses and consumers.

ONE of Martha Stewart’s closest friends has dealt a harsh blow to her longtime pal by testifying that the trendsetter told her she sold ImClone Systems Inc shares after learning the biotech company’s founder was dumping his stock.

US investors today used the latest round of disappointing economic data as an excuse to gather profits and send stocks lower.