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Economic news - CNNMoney.com
Updated :

Consumers will suffer if GM goes under
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

Leading Indicators
Nov. 20


Publ.Date : Thu, 23 Oct 2008 16:33:58 EDT

Retail Sales
Dec. 12


Publ.Date : Sat, 15 Nov 2008 15:35:40 EST

Manufacturing (ISM)
Dec. 1


Publ.Date : Mon, 03 Nov 2008 15:23:12 EST

Industrial Production
Nov. 17


Publ.Date : Fri, 17 Oct 2008 16:50:34 EDT

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Yahoo! News: Economy News
Updated : Thu, 20 Nov 2008 21:11:52 GMT

Oil prices slump under 50 dollars per barrel (AFP)

A motorist holds a fuel pump at a petrol station. 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.(AFP/DDP/File/Norbert Millauer)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

Lawmakers fault Treasury, Fed on bailout (Reuters)

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke testify at the House Financial Services Committee hearing on 'Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability' on Capitol Hill, November 18, 2008. (Kevin Lamarque/Reuters)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

US jobless claims hit 16-year high (AFP)

Students look at company literature at an Economic and Humanitarian Organizations International Job Conference at Columbia University on November 7, 2008 in New York City. Initial claims for US unemployment benefits surged last week to a 16-year high, government data showed Thursday, as companies laid off workers in a rapidly deteriorating economy.(AFP/Getty Images/File/Spencer Platt)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

APEC ministers urge free trade against crisis (Reuters)

South Korea's President Lee Myung-bak (C) and his wife Kim Yoon-ok arrive at the airport in Lima November 20, 2008. Myung-bak was in Peru to attend the Asia-Pacific Economic Cooperation (APEC) summit. (Enrique Castro Mendivil/Reuters)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

U.S. stocks slide as auto bailout this year in doubt (Reuters)

Share trader Tom Holler reacts in front of his trading terminal during early morning trading at the German stock exchange in Frankfurt, November 20, 2008. (Kai Pfaffenbach/Reuters)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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