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Today on Reuters 

Automobile leaders testify

Begging for billions 9:05pm ET

The heads of the "Big Three" U.S. automakers drop their arrogance for humility in a new plea for federal help to survive.  Full Article | Full Coverage 

Automakers face skeptical Congress
GM, Chrysler willing to merge: CEOs
Fed to clarify emergency loan power
Commentary: Bail out the car buyers
Video: Driving for dollars
Automobile leaders testify

Begging for billions 9:05pm ET

The heads of the "Big Three" U.S. automakers drop their arrogance for humility in a new plea for federal help to survive.  Full Article | Full Coverage 

Automakers face skeptical Congress
GM, Chrysler willing to merge: CEOs
Fed to clarify emergency loan power
Commentary: Bail out the car buyers
Video: Driving for dollars
Aniba Casavilca fills out a registration form to begin his search for a job at the Verdugo Jobs Center in Glendale, California, November 7, 2008.

Layoffs spread 2:20pm ET

Fear of a deepening recession is spreading throughout corner offices across corporate America, prompting chief executives in all sectors to slash thousands of jobs.  Full Article 

AT&T slashes 12,000 jobs
Layoffs mount as crisis drags on
Jobless rolls at 26-year peak
Blog: Are you worried?
Full Coverage: Crisis in Credit

Top News

The day ahead: Friday

General Motors employees listen as union members and leadership members address a rally held to support federal aid to the U.S. auto industry at the GM Assembly Plant in Arlington, Texas, November 18, 2008. REUTERS/Jessica Rinaldi
Jobs number

All eyes are on the November non-farm payrolls report. This crucial number is tantamount to taking the pulse of the economy.   Factbox 

James Saft
Credit cards unkindest cut
James Saft

Government intervention or not, banks will be cutting up America's credit cards at an unprecedented rate, with grave implications for the economy and company profits.  Commentary 

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 42.2 -0.19% 04 Dec 2008 20:46 EST
Gold 763.6 -0.64% 03 Dec 2008 19:00 EST
Photo
Crisis in Credit

Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map.  Full Coverage 

Photo
The drug war insanity

Albert Einstein defined insanity as doing the same thing repeatedly and expecting different results. It's a definition that fits the war on drugs, says columnist Bernd Debusmann.  Commentary 

Shoppers pass a window display at the high-end luxury goods maker Gucci along 5th Avenue in New York, November 19, 2008.
Holiday Shopping

Retailers and shoppers are adjusting to the impact of the financial crisis, especially during the busy holiday season. Take a closer look.  Full Coverage 

Pictures

View Slideshow 
View Slideshow View SlideshowSlideshow  
Luxury on display
11:23am EST 
The Lux Only exhibition in Sofia displays various luxury brands which attract a lot of attention but they rarely get sold as Bulgarians still have the lowest incomes in the European Union.
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Video

Play Video Play VideoVideo 
Iraq's price of security

Dec. 4 - A spate of bombings in Iraq over the past few days come as Iraq prepares its security forces to take responsibility from U.S. troops  Play Video

 
Driving for dollars
Parliament suspended in Canada
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