New data Thursday showed the US economy shrank in the third quarter, with consumers and businesses retrenching from the global financial storm, as Japan unveiled a 277 billion dollar stimulus package.
Are Utilities Recession Proof? - Interview with CEO Thomas Farrell
Oct. 30 - Stocks jumped on Thursday despite signs the U.S. economy was one step closer to an official recession.
The market for the short-term debt known as commercial paper rose last week - a good sign for companies worried about having to refinance at the end of the year, when investors are loath to add risk to their ...
The U.S. economy shrank in the third quarter as the financial crisis raged while Japan and Germany said on Thursday they would spend billions of dollars to provide a cushion against a deep global recession.
In a stark acknowledgment of the tough times ahead in the credit card industry, American Express Co.
The U.S. economy shrank at a 0.3 percent annual rate in the third quarter, its sharpest contraction in seven years as consumers cut spending and businesses reduced investment in the face of rising fears that ...
Deutsche Bank AG reported a surprise third-quarter profit on Thursday, helped by new European Union accounting rules that limited its write-downs to 1.2 billion euros .
A customer fuels her car with petrol at in Coalville, central England, October 15, 2008.
Stocks fell on Wednesday as a big rally faltered in the last minutes of trading on worry about the weakening corporate profit picture after a news report raised questions about General Electric's earnings ...
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