Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday and extended Wall Street's sell-off to a second day. The major indexes each fell more than 1.5 percent, including the Dow Jones industrial average, which...
42 news stories / 6 blog posts / 0 images / 22 videos / 1 voice
Thursday it has filed to become a bank holding company, joining the growing list of lenders making such a move in a bid to secure U.S...Troubled Asset Relief Program is conditional on its becoming a bank. The company, which had previously...
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US politicians have told the crisis-hit "Big Three" carmakers to come up with their own viable recovery plan if they want a $25bn (£17bn) government rescue. The leaders of both houses of Congress said Ford, General Motors and Chrysler had...
12 news stories / 2 blog posts / 4 images / 3 videos / 1 voice
NEW YORK: Oil dropped 8% to below $50 yesterday as a bearish US jobs report intensified concerns of a long and deep global recession and further crushed demand expectations. The US government reported the number of workers making new claims...
13 news stories / 6 blog posts / 3 images / 21 videos / 1 voice
by Biodun Iginla, BBC News, Minneapolis Featured Articles Longtime Head of House Energy Panel Is Ousted By JOHN M. BRODER Representative Henry A. Waxman unseated John D. Dingell to become chairman of the powerful Energy and Commerce Committee. Times Topics:...
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Maurna Desmond , 11.20.08, 09:45 AM EST Weekly jobless claims have hit a sixteen-year high. The number of Americans who applied for unemployment benefits for the first time hit a 16-year high last week, pushing the rolling herd of jobless...
18 news stories / 3 blog posts / 18 images / 18 videos / 1 voice
Slideshow: Stock Markets Play Video Video: Recession-End Indicator CNBC Related Quotes Symbol Price Change GM 1.82 -0.97 ^GSPC 793.63 -12.95 ^IXIC 1,375.18 -11.24 <SCRIP AP – A man checks stock prices online at a TD Ameritrade brokerage Wednesday, Nov. 19,...
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By MIKE SCHNEIDER – 49 minutes ago HOUSTON (AP) — Astronauts vowed to double-check, even triple-check, to make sure a bag of tools is properly tied down during a spacewalk Thursday so it doesn't float away like one did earlier...
15 news stories / 2 blog posts / 22 images / 11 videos / 1 voice
BY ELIZABETH MOORE | November 20, 2008 elizabeth.moore@news
31 news stories / 4 blog posts / 5 images / 17 videos / 1 voice
To succeed at modern diplomacy, it helps to take the long view. As word trickled out that President-elect Barack Obama was considering Hillary Clinton for Secretary of State, Clinton was on the phone with the President of Pakistan. Asif Ali...
41 news stories / 5 blog posts / 0 images / 24 videos / 1 voice
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