DETROIT/WASHINGTON, Dec. 2, 2008 (Reuters) Distressed U.S. automakers began submitting plans to Congress on Tuesday as they tried to show that they have a viable future and deserve federal aid, while new reports showed that vehicle sales continued their freefall in November. ... > full story
NEW YORK/BRUSSELS, Dec. 2, 2008 (Reuters) U.S. automakers rushed to submit restructuring plans to secure government aid on Tuesday while European ministers and Japan took steps to pump credit into the economy. ... > full story
NEW YORK, Dec. 1, 2008 (Reuters) Key retail stocks fell on Monday as investors feared that deep discounts offered by U.S. stores during the year's first holiday shopping weekend could sap profits and would not save a bleak season. ... > full story
LONDON, Nov. 28, 2008 (Reuters) Global stocks headed toward a sixth consecutive session of gains on Friday, although European shares were weak, as investors took some comfort from government moves to stimulate a deteriorating world economy. ... > full story
CHICAGO, Nov. 27, 2008 (Reuters) U.S. President-elect Barack Obama on Wednesday named former Federal Reserve Chairman Paul Volcker to chair a new panel to advise him how to stabilize financial markets and navigate a potentially painful recession. ... > full story
NEW YORK, Nov. 26, 2008 (Reuters) Housing, consumer spending and business investment all weakened sharply last month as the dizzying downward spiral of the world's largest economy gathered speed, data showed on Wednesday. ... > full story
LONDON, Nov. 26, 2008 (Reuters) World stocks struggled on Wednesday, with European and Japanese markets falling, while the low-yielding Japanese yen rose as investors counted the cost of global fiscal stimulus packages to boost flagging economies. ... > full story
WASHINGTON, Nov. 25, 2008 (Reuters) The U.S. economy contracted at its fastest pace in seven years in the third quarter as consumer spending plunged to a 28-year low, data showed on Tuesday, raising the specter of a deeper recession. ... > full story
LONDON, Nov. 25, 2008 (Reuters) European stocks fell more than 1 percent on Tuesday and the low-yielding yen rose broadly as euphoria surrounding the U.S. rescue of Citigroup gave way to concerns about sharply deteriorating major economies. ... > full story
LIBERTYVILLE, Illinois, Nov. 25, 2008 (Reuters) Many U.S. retailers, large and small, have good reason to envy Sue Opeka -- sales at her store have been up 15 percent for the past four months and she's up 5 percent for the year so far. ... > full story
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