WASHINGTON, Nov. 19, 2008 (Reuters) — Consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession that may be long and deep. ... > full story
WASHINGTON, Nov. 19, 2008 (Reuters) — Consumer prices plummeted at the sharpest rate on record in October as a slowing economy caused energy costs to drop for a third straight month, according to a Labor Department report on Wednesday. ... > full story
NEW YORK, Nov. 18, 2008 (Reuters) — Customers are coming in to Wal-Mart's stores more frequently now that gas prices have fallen, the head of its U.S. operation said on Tuesday, and the retailer is cutting prices on food to win sales ahead of the Thanksgiving holiday. ... > full story
WASHINGTON, Nov. 16, 2008 (Reuters) — World leaders pledged rapid action on Saturday to rescue a weakening global economy from the worst financial crisis in over 70 years and agreed to give emerging nations more say in running financial affairs. ... > full story
WASHINGTON, Nov. 14, 2008 (Reuters) — Sales at U.S. retailers suffered a record decline in October as fears of recession sapped spending, but part of the drop was due to slumping gasoline prices which helped buoy consumer confidence. ... > full story
NEW YORK, Nov. 14, 2008 (Reuters) — Consumer confidence rose unexpectedly in November, rebounding from a record drop the previous month as tumbling gasoline prices produced a "stunning" drop in inflation expectations, a survey showed on Friday. ... > full story
WASHINGTON, Nov. 14, 2008 (Reuters) — Sales at retailers suffered a record decline in October, government data on Friday showed, as shoppers reined in spending with home prices falling, although plunging gasoline prices also reduced outlays by consumers. ... > full story
WASHINGTON, Nov. 13, 2008 (Reuters) — The number of U.S. workers drawing jobless benefits hit a 25-year high this month and imports suffered a record fall in September, according to reports on Thursday that underscored a rapid drop-off in the U.S. economy. ... > full story
LONDON, Nov. 12, 2008 (Reuters) — European stocks recovered some ground on Wednesday after steep losses in the previous session and the dollar dipped, but oil hovered near 20-month lows on ongoing worries about a slowdown in global demand. ... > full story
NEW YORK, Nov. 11, 2008 (Reuters) — Stock index futures fell on Tuesday, signaling that Wall Street would extend a worldwide equity slide fueled by concern that the global economic downturn is escalating. ... > full story
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Delay Consideration of Colombia Trade Deal Nov. 13, 2008 (Huffington Post) — In the midst of the economic crisis, the Bush administration has decided to spend its final days in office pushing for a trade agreement with ...
Financing of global trade deteriorating, says Lamy Nov. 13, 2008 (Times of India) — The World Trade Organization (WTO) warned on Thursday that the financing of global commerce is "deteriorating" amid the financial crisis and the ...
P&G Ups Earnings Forecast on Folgers Sale Nov. 11, 2008 (The Street) — Procter & Gamble (PG Quote - Cramer on PG - Stock Picks) raised its earnings forecast after saying it expects a gain from the sale of the Folgers ...
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