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A bankruptcy of General Motors or another major automaker could hit American consumers hard, industry experts warn.
Publ.Date : Wed, 19 Nov 2008 08:29:31 EST
Nov. 20
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Dec. 12
Publ.Date : Sat, 15 Nov 2008 15:35:40 EST
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Publ.Date : Mon, 03 Nov 2008 15:23:12 EST
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Updated : Thu, 20 Nov 2008 21:11:52 GMT
AFP - Oil prices tumbled under 50 dollars on Thursday, as plunging equities and weak US data sparked fresh concern that a worldwide recession could ravage energy demand, traders said.
Publ.Date : Thu, 20 Nov 2008 18:05:12 GMT
Reuters - Exasperated U.S. lawmakers criticized Federal Reserve and Treasury Department efforts to shore up the faltering economy on Thursday, telling officials that their financial rescue efforts have not reached small businesses or homeowners.
Publ.Date : Thu, 20 Nov 2008 18:12:59 GMT
AFP - US unemployment claims surged to a 16-year high, government data showed Thursday, adding to growing alarm as companies worldwide shed workers in the global economic downturn.
Publ.Date : Thu, 20 Nov 2008 16:44:38 GMT
Reuters - Trade and foreign ministers from the United States, China and other economies around the Pacific Rim called on Thursday for new free trade deals as a way out of the global economic crisis.
Publ.Date : Thu, 20 Nov 2008 18:58:40 GMT
Reuters - Fears of a deep, long global recession intensified on Thursday as stock markets hit new lows on reports of more U.S. job losses and oil prices below $50 a barrel, as prospects dimmed for a bailout of U.S. automakers.
Publ.Date : Thu, 20 Nov 2008 17:40:53 GMT
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