WASHINGTON, Dec. 1, 2008 (Reuters) — The U.S. economy has been in a recession for a year, the nation's business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a deepening downturn. ... > full story
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
SYDNEY/MELBOURNE, Nov. 26, 2008 (Reuters) — Global miner Rio Tinto Ltd said on Wednesday it was confident it could sell assets worth billions of dollars to pay down massive debt, despite concerns about a lack of buyers, a day after rival BHP Billiton Ltd dropped a bid for the firm. ... > full story
KABUL, Nov. 25, 2008 (Reuters) — British, Canadian and Dutch troops are doing their best to fight the Taliban in southern Afghanistan with limited resources, but with progress slow, the United States is considering a surge of its own firepower to tip the balance. ... > 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
LIMA, Nov. 24, 2008 (Reuters) — The United States, China, Japan and 18 other economies in Asia and the Americas promised fast and decisive action on Sunday to prevent a severe global economic downturn. ... > 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
UNITED NATIONS, Nov. 21, 2008 (Reuters) — Western nations claimed a success on Friday when a U.N. General Assembly resolution condemning human rights violations in Iran passed through a key committee more easily than in the past. ... > 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
CORNWALLIS, Nova Scotia, Nov. 21, 2008 (Reuters) — The Pentagon is considering a plan to send more than 20,000 troops to Afghanistan over the next 12 to 18 months to help safeguard elections and quell rising Taliban violence, officials said on Friday. ... > 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 ...
Bush to promote action plan to deal with crisis Nov. 24, 2008 (FindLaw) — President George W. Bush, struggling to get ahead of a global financial crisis, hopes to win more converts for an action plan designed to ...
Rajrishi Singhal: Election therapy Nov. 24, 2008 (Economic Times, India) — Incentives, concessions or subsidies have always existed in some form or the other. Emperors, kings and invaders have all used one variety of ...
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