Tue 13 Jan 2009 | 21:20 EST

Today on Reuters 

A man walks outside a Citibank branch office in Jakarta November 25, 2008.

Citi breakup in sight 9:04pm ET

Citigroup has agreed to merge its Smith Barney brokerage with Morgan Stanley's wealth management unit, a step toward dismantling what was once the world's largest bank.
  Full Article | Full Coverage 

A man walks outside a Citibank branch office in Jakarta November 25, 2008.

Citi breakup in sight 9:04pm ET

Citigroup has agreed to merge its Smith Barney brokerage with Morgan Stanley's wealth management unit, a step toward dismantling what was once the world's largest bank.
  Full Article | Full Coverage 

Federal Reserve Bank Chairman Ben Bernanke makes remarks to a home ownership and mortgage issues conference at the Federal Reserve in Washington, December 4, 2008. REUTERS/Jonathan Ernst

Stimulus not enough 11:45am ET

Fed Chairman Ben Bernanke says the government needs to do more to shore up the financial system, and may need to follow through on its original plan to buy troubled assets.  Full Article | Full Coverage 

A shopper looks over merchandise at Macy's department store in New York City, December 23, 2008.  REUTERS/Mike Segar
Retail sales

The report on December retail sales is expected to show a decline of 1.2 percent during one of the worst holiday shopping seasons in recent memory.  Factbox 

Paul Taylor
Gas crisis spurs energy policy

The cut-off of Russian gas supplies to Europe via Ukraine highlighted how little progress the 27-nation EU has made in connecting national energy networks and diversifying supplies since the first such crisis three years ago.  Commentary 

to
Commodity Last Pct Chg Trade Date/Time
Oil 47.83 +0.82% 13 Jan 2009 20:57 EST
Gold 823.5 +0.34% 13 Jan 2009 21:14 EST
A freeway billboard displays an advertisement for foreclosure assistance in Fontana, California January 5, 2009.
Signs of the Times

The global recession manifests itself in big ways and small: most gloomy, some quirky and many reflecting the inventive human spirit.  Factbox 

President-elect Barack Obama makes a speech on the economy at George Mason University in Fairfax, Virginia, January 8, 2009. REUTERS/Jim Young (UNITED STATES)
Washington in Transition

From an economy in recession to violence in the Middle East, President-elect Barack Obama faces a variety of challenges as he prepares to take office.  Full Coverage 

Finbarr O'Reilly
Live Q&A: The Conflict in Congo

On Wednesday, Jan. 14 at 12 pm EST Reuters will host a live video Q&A with renowned photographer Finbarr O'Reilly about his experiences in the war-torn country.   Blog 

Masked Macedonian revelry
3:50pm EST 
Masked revelers parade the streets of Vevcani village as they mark Orthodox St. Vasilij Day. The annual celebration has 1,400 year-old pagan roots.
Bush awards allies top award

Jan 13 - Calling them true friends of the United States, outgoing President George W. Bush bestowed the nation's highest civilian award on three of his closest foreign allies while in office.  Play Video

 
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