NEW YORK - U.S. consumer confidence plunged to record low in October as the economy appeared to be sliding into a deep recession, threatening to pull the rest of the world along with it. -...
WASHINGTON - Bleak outlooks from world carmakers and more news of big job cuts at major companies on Thursday deepened fears in corporate boardrooms and trading floors around the world of an extended global recession....
NEW YORK - Bleak outlooks from world carmakers and a barrage of job cuts by major U.S. companies including Chrysler and Xerox deepened fears of an extended global recession and kept market nerves on edge...
LONDON/NEW YORK - Japan and France extended more help to banks, the IMF prepared to intervene in trouble spots around the world and the Fed devised a new plan to inject liquidity into money markets...
NEW YORK/BRUSSELS - European leaders called on Wednesday for a new world financial order to prevent future financial crises, as growing signs of global recession damped optimism over government efforts to bail out banks. -...
NEW YORK - Governments around the world bet hundreds of billions of dollars to rescue failing banks, sending world stocks soaring and giving Wall Street its biggest one-day gain ever. - - - - VIENNA...
NEW YORK - Governments around the world bet hundreds of billions of dollars to rescue failing banks, sending world stocks soaring and giving Wall Street its biggest one-day gain ever. - - - - VIENNA...
NEW YORK - The world bet solidly on recapitalizing ailing banks as the fastest way out of the financial crisis in a clear new direction that reinvigorated stock markets after their worst week in history....
LONDON - Governments across the world launched multi-billion dollar bailouts on Monday to shore up tottering global banks and Britain called for a new Bretton Woods agreement to reshape the world financial system. - -...
NEW YORK/WASHINGTON - Central banks around the world cut interest rates in unison on Wednesday but the unprecedented move failed to help battered stocks, thaw credit markets or temper forecasts for a sharp global economic...