TOKYO/ BEIJING, Dec. 3, 2008 (Reuters) — Central banks in Europe are poised to slash interest rates on Thursday to try to contain a global economic slump that appears to be spreading faster than policy makers in the industrialized countries had anticipated. ... > full story
SINGAPORE, Dec. 3, 2008 (Reuters) — Oil fell below $46 a barrel to near four-year lows on Thursday, extending four consecutive days of falls as continued demand worries minimized bullish draws in U.S. oil stocks. ... > full story
NEW YORK, Dec. 3, 2008 (Reuters) — Stocks rose for a second day on Wednesday as investors flocked to shares of Coke and other companies that hold up well in recessions following another round of disappointing economic data and corporate outlooks. ... > 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
EVANSVILLE, Indiana, Nov. 21, 2008 (Reuters) — Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday. ... > full story
NEW YORK, Nov. 20, 2008 (Reuters) — The number of American workers on the unemployment rolls surged to the highest in a quarter century and a regional manufacturing gauge slumped as U.S. economic misery intensified. ... > full story
LONDON, Nov. 20, 2008 (Reuters) — World stocks hit 5-1/2 year lows and oil hit 22-month troughs on Thursday on worries over bank giant Citigroup and U.S. automakers, though they trimmed losses on an increased Saudi stake in Citi and a Swiss rate cut. ... > full story
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) — Federal Reserve officials slashed economic growth forecasts through 2009 and some believed even deeper interest rate cuts may be needed if growth slows further, minutes of their October policy meeting show. ... > full story
WASHINGTON, Nov. 18, 2008 (Reuters) — Producer prices posted a record decline in October as weak economic growth sent energy prices tumbling and chain store sales slipped, data on Tuesday showed, while home prices fell sharply in the third quarter. ... > full story
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Missouri customers revel in falling gas prices Dec. 3, 2008 (USA Today) — Robert Karashin likes what he sees when he pulls his pickup into Meiners Convenience Store in Lee's Summit, Mo. The price of a gallon of regular ...
JobCentre closures to be reviewed Nov. 20, 2008 (Blackpool Gazette, UK) — There were calls for the Government to halt its JobCentre closure programme, after a minister said he was reviewing it in the light of the economic ...
Midwest Consumer Price has biggest one-month drop since 1987 Nov. 19, 2008 (Jacksonville Business Journal) — The Midwest Consumer Price Index was 206.019 in October, down 1.5 percent from 209.252 in September, the U.S. Department of Labor's Bureau of Labor ...
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