NEW YORK, Dec. 1, 2008 (Reuters) — Stocks tumbled on Monday as news pointing to the deepening economic slump around the world erased much of last week's sharp gains, with financial services companies and retailers among Wall Street's biggest casualties. ... > full story
WASHINGTON, Dec. 1, 2008 (Reuters) — The U.S. economy slipped into recession in December 2007, the nation's business cycle arbiter declared on Monday, and the downturn could be the worst since World War Two. ... > full story
WASHINGTON, Nov. 30, 2008 (Reuters) — The Big Three U.S. automakers should tell Congress they will limit corporate pay, bonuses and severance packages in return for government loans, the president of the United Auto Workers union said on Sunday. ... > full story
NEW YORK, Nov. 29, 2008 (Reuters) — General Motors Corp is pushing some bondholders to swap their debt for equity, as Chief Executive Rick Wagoner tries to keep the automaker out of a Chapter 11 bankruptcy that would likely cost him his job, The Wall Street Journal said late Friday, citing people familiar with the plan. ... > full story
NEW YORK, Nov. 27, 2008 (Reuters) — General Motors Corp , whose chief executive was blasted last week by U.S. lawmakers for flying on a private jet to ask for public funds, has asked the U.S. Federal Aviation Administration to prevent public tracking of a jet it leases. ... > full story
NEW YORK, Nov. 24, 2008 (Reuters) — The U.S. rescued Citigroup Inc, agreeing to shoulder most losses on about $306 billion of the bank's risky assets, and inject new capital, bolstering investor hopes that the government will support big banks as the economy sinks into recession. ... > full story
LONDON, Nov. 22, 2008 (Reuters) — President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ... > full story
CHICAGO, Nov. 22, 2008 (Reuters) — U.S. President-elect Barack Obama said on Saturday that he was crafting an aggressive, two-year stimulus plan to revive the troubled economy, warning that swift action was needed to prevent a deep slump and a spiral of falling prices. ... > full story
WASHINGTON, Nov. 22, 2008 (Reuters) — The board of directors of embattled U.S. automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday. ... > full story
DETROIT/WASHINGTON, Nov. 21, 2008 (Reuters) — Detroit automakers began work on turnaround plans demanded by Congress in return for $25 billion in aid as General Motors Corp said it would cut production more and give up two of its controversial corporate jets. ... > full story
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"Volatility Trade" Biggest Factor In Sell-Off? Dec. 1, 2008 (CNBC) — With volatility this high, it's little wonder that last week's 20 percent rally in the S&P 500 is being met with aggressive selling today. . We ...
Volatility Index S&P 500 Options-VIX up 12.65 to 67.93 Dec. 1, 2008 (StreetInsider) — Volatility Index S&P 500 Options-VIX up 12.65 to 67.93 . Volatility Index .... . This article: 9 words Date Published: Dec 1, 2008 03:58PM Why is ...
Obama says agressive economic plan needed Nov. 22, 2008 (RTE.ie) — US President-elect Barack Obama said he was crafting an aggressive, two-year stimulus plan to revive the troubled economy, warning that swift ...
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