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Germany ponders tax cuts -
reuters-com
- 20 hours ago
Jan 05 - German Chancellor Angela Merkel plans to include tax relief in a second stimulus plan designed to help Germany's economy weather its worst recession since World War Two.
Recession
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Samsung: No spending cut -
reuters-com
- 1 day ago
Jan 5 - Samsung Electronics, the world's top memory chip maker, denies it will cut semiconductor investment this year by over half amid a market downturn.
Samsung
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Wall Street welcomes 2009 -
reuters-com
- 3 days ago
Jan. 2 - Wall Street brought in 2009 on an upbeat note with equities roaring higher. This comes after a year of pain - with 2008 marking the worst annual drop since the Great Depression.
Wall Street
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Factory activity hits 28-year low -
reuters-com
- 4 days ago
Jan. 2 - U.S. factory activity sank to a near 30 year low, on a deepening recession. The report on U.S. manufacturing activity was similar to factory surveys across the globe and signaled tough times ahead.
Recession
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2009 begins on up note for stocks -
reuters-com
- 4 days ago
Jan. 2 - A strong opening on Wall Street adds to positive sentiment as European shares closed higher and commodity shares rose on higher energy and metals prices.
Wall Street
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PepsiCo wins ownership rights -
reuters-com
- 4 days ago
Jan 02 - The Indian government has allowed PepsiCo Inc to retain full ownership of its local bottling arm despite regulations about foreign ownership.
PepsiCo
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Recession is getting stronger. -
reuters-com
- 13 days ago
Dec 24 - Government data confirms economic recession is getting stronger.
Recession
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Recession promotion -
cnnmoney-com
- 13 days ago
Struggling to find work, one carpenter in Florida promotes his craft by standing in the middle of a highway.
Highway
Recession
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Japan's elderly shoplifters -
cnnmoney-com
- 13 days ago
A new crime wave is growing as the recession deepens in Japan: shoplifters over the age of 65.
Recession
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Wall Street hit by Grinch -
reuters-com
- 13 days ago
Dec 23 - Economic news underscored the fact that the U.S. is in a sharp recession. Existing home sales fell by a record amount, marking what may be the steepest decline since the Great Depression.
Existing Home Sales - Recession
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GM's bankruptcy risk 'high' -
cnnmoney-com
- 14 days ago
Standard & Poor cut its rating to the lowest corporate crediting rating level and suspects the automaker will go bankrupt soon.
Bankruptcy
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GDP shrinks in UK -
cnnmoney-com
- 14 days ago
The global recession caused one of the world's largest economies to experience its largest contraction since 1990.
Recession
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Taiwan exports drop 28.5% -
cnnmoney-com
- 14 days ago
Weak demand for electronics pushed Taiwan into a recession in the third quarter.
Recession
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Key indicators due Tuesday -
cnnmoney-com
- 15 days ago
Readings on new and existing home sales, GDP and consumer sentiment are out Tuesday.
Existing Home Sales
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The emotional pain of recession -
cnnmoney-com
- 15 days ago
Fortune's Stanley Bing says that irritability, fatigue and poor eating habits are increasing because of the slumping economy.
Recession
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Macworld without the Mac -
cnnmoney-com
- 18 days ago
Apple says Steve Jobs won't deliver Macworld 2009 keynote speech, and announces it will abandon show altogether in 2010.
Apple - Steve Jobs
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Mark-to-market misconceptions -
cnnmoney-com
- 18 days ago
Ernst & Young CEO James Turley says the accounting rule did not create the market volatility but merely reflected it.
Volatility
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Is the Fed out of ammo? -
cnnmoney-com
- 18 days ago
Fortune's Andy Serwer says the Fed's rate cuts have done little to turn around the struggling economy.
Federal Reserve
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Running out of unemployment funds -
cnnmoney-com
- 18 days ago
As the number of jobless claims grows, states are borrowing federal dollars to pay for unemployment benefits.
Jobless
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Consumer confidence up in Britain. -
cnnmoney-com
- 18 days ago
A cut in the sales tax and lower interest rates have made consumers more willing to shop - and make big purchases.
Consumer Confidence - Interest rates
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Posh pets duck recession -
reuters-com
- 18 days ago
Dec. 19 - Britain's pet lovers are still spending on their furry friends despite the recession.
Recession
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Jobless claims dip, but remain high -
reuters-com
- 18 days ago
Dec. 18 - U.S. unemployment lines were shorter-than-expected last week but remained near 26-year highs, according to the Labor Department.
Jobless
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Roots of the recession -
cnnmoney-com
- 19 days ago
Ernst & Young CEO James Turley says that bad loans and poor underwriting are the underlying causes of the economic crisis.
Recession
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Treasury rates take a hit -
cnnmoney-com
- 19 days ago
Interest rates of Treasury bills and notes see all-time lows, as investors flock to the safety of U.S. government debt.
Interest rates
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Japan eyes strong yen -
reuters-com
- 19 days ago
Dec 18 - The U.S. dollar remained near a 13-year-low against the yen Thursday as Japanese government and corporate concerns grew, while eyes turned to oil after a record OPEC output cut.
OPEC
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OPEC's dramatic cut -
reuters-com
- 19 days ago
Dec. 17 - OPEC cut production more than expected, but there are doubts about its effectiveness.
OPEC
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Economic worries bite stocks, dollar -
reuters-com
- 19 days ago
Dec 17 - Financial markets continued to assess the changing landscape one-day after the Federal Reserve pushed a key lending rate almost to zero.
Federal Reserve
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Ford eyes future with energy -
cnnmoney-com
- 20 days ago
CEO Alan Mulally says the automaker plans to make the most fuel-efficient vehicles as the U.S. shifts to more energy independence.
Independence
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Dollar whipped for second day -
reuters-com
- 20 days ago
Dec. 17 - The U.S. dollar plunged to a 13-1/2 year low against the Japanese Yen one day after the Federal Reserve target rate was pushed close to zero.
Federal Reserve
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OPEC cuts deep -
reuters-com
- 20 days ago
Dec. 17 - OPEC made its deepest production cut ever, amid lagging worldwide demand, but prices remain in a slump.
OPEC
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