NEW YORK, Dec. 1, 2008 (Reuters) Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week's sharp gains, with banks and retailers among Wall Street's biggest casualties. ... > full story
MILAN, Dec. 1, 2008 (Reuters) Car makers reported tumbling sales across Asia and Europe on Monday as the recession drove buyers from showrooms and drew a warning of more gloom next year. ... > full story
CHICAGO, Nov. 26, 2008 (Reuters) President-elect Barack Obama takes another step toward tackling the ailing U.S. economy on Wednesday as part of an aggressive effort to demonstrate that his administration will face the global financial crisis head-on. ... > 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
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
DETROIT/WASHINGTON, Nov. 21, 2008 (Reuters) Detroit automakers began work on the turnaround plans demanded by Congress in return for a possible $25 billion rescue as General Motors Corp said it will cut production more deeply and drop two of its controversial corporate jets. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. ... > full story
WASHINGTON, Nov. 20, 2008 (Reuters) Four senators have reached a bipartisan agreement on a bill to assist the struggling automotive industry, the lawmakers announced in a joint statement on Thursday. ... > full story
WASHINGTON, Nov. 20, 2008 (Reuters) Exasperated U.S. lawmakers criticized Federal Reserve and Treasury Department efforts to shore up the faltering economy on Thursday, telling officials that their financial rescue efforts have not reached small businesses or homeowners. ... > full story
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Stock Smackdown: Cramer vs. CAPS Dec. 1, 2008 (Motley Fool) Recs. . There's no denying that "Mad Money" host Jim Cramer is entertaining, popular, and passionate. On many occasions, he's even right. So he's ...
Dow falls sharply on consumer spending worries Dec. 1, 2008 (HeraldNet: Snohomish County, WA) A litany of bad economic news has snuffed out Wall Street's five-day rally, sending stocks falling sharply as investors realized anew how troubled ...