Worst retail sales trend since 1974 expected
Last Update: 11/9/2008 12:01:00 AM
The recession, persistent distress in the housing and financial markets and mounting job losses will demand the president-elect's attention, even as immediate remedies may prove elusive.

Obama's plans may be delayed, but your tax bill will change
Last Update: 11/6/2008 8:55:00 PM
Taxpayers’ bills will very likely change under President-elect Barack Obama’s administration, but don’t hold your breath for major tax changes as soon as he takes office.

China lifts wraps on stimulus package
Last Update: 11/9/2008 11:35:00 AM
China unveils an economic stimulus package worth over half a trillion dollars in an effort to reverse slowing economic growth in the world’s most populous country.

AIG in talks with government over new bailout -- report
Last Update: 11/8/2008 10:49:00 AM
American International Group Inc. reportedly is seeking a new bailout from the U.S. government less than two months after the Federal Reserve came to the insurance giant's rescue with an $85 billion loan, according to a published report.
AIG

Top hedge fund managers 'funereal' in midst of financial crisis
Last Update: 11/7/2008 8:32:00 PM
In the midst of the worst financial crisis since the Great Depression, several top hedge fund managers sent a grim message to their investors in October: it isn't over.
BRKA, �BRKB, �GS, �EVR, �GHL