Small-business owner Greg Mohr was hopping in and out of cars at the Los Angeles Auto Show, but he isn't in the market to buy one. Neither are retirees Greg and Pinkie Stanley, or trucker Jorge Vidrio.

Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long and deep recession.

President-elect Barack Obama will announce the leaders of his economic team Monday, naming Timothy Geithner as treasury secretary and Lawrence Summers to direct the National Economic Council, transition officials said.

The Screen Actors Guild said Saturday it will ask its members to authorize a strike after its first contract talks in four months with Hollywood studios failed despite the help of a federal mediator.

President-elect Barack Obama, who is set to announce his economic team, promoted an economic plan Saturday he said would create or save 2.5 million jobs by spending billions of dollars to rebuild roads and bridges and modernize schools while developing alternative energy sources and more efficient cars.