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FINANCE
Today's Business Headlines
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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.
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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.
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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.
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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.
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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.
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FINANCE VIDEOS - U.S.
Economy Front And Center
Economic news will dominate in the week ahead with the markets closed ...
Dow Jumps Nearly 500 Points
Wall Street ended a tough week with optimism after reports ...
New Fear On Wall Street: Deflation
The U.S. financial system appeared to be suffering a relapse this ...
Smick: Paulson Lacked Vision
Treasury Secretary Paulson, who has faced an economic storm at the ...
FINANCE VIDEOS - EUROPE
Profits To Blame -- Former IMF Head
Speaking at a banking congress in Frankfurt, German President and ...
IMF Bailout List Grows
The Internation Monetary Fund bails out Iceland with Turkey and ...
Walking House Takes A Stroll
A walking house designed by Danish art collective N55 explores ...
A Surprise Offer For Troubled Opel
German solar company SolarWorld makes an offer to buy the factories ...
FINANCE VIDEOS - ASIA
Macau's Luck On The Wane
After several golden years as the world's top gambling hub, Macau's ...
Asia Rallies On Bargain-Hunting
Asian shares shook off a host of economic and company woes, rallying ...
Nissan Not Eyeing Detroit
As Detroit's Big Three again looked to the government for auto ...
Asian Shares Hit 5-Year Low
Asian markets closed with multi-year lows on recession fear. 11/2008 ...