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News Headlines

  • German jobless rate up to 7.4 percent (AP)

  • Europe bucks world stock rally (Reuters)

  • December retail sales to spur profit warnings (Reuters)

  • Apartment rents show first decline in over 5 years (Reuters)

  • UK retailer's sales plunge in crisis (Reuters)

  • Reports: Chinese tycoon's wife detained in probe (AP)

  • Dow Chemical prepared to delay Rohm & Haas deal: report (Reuters)

  • Banks may need to raise fresh capital in '09: Whitney (Reuters)

  • GM says government loans cover worst scenario: report (Reuters)

  • GM says government loans cover worst scenario: report (Reuters)

  • U.S. budget deficit seen topping $1 trillion in 2009 (Reuters)

  • Republicans cry foul over Obama's 'big government' plan (AFP)

  • California gov vetoes Democrats' budget plan (Reuters)

  • Goody's liquidates remaining US stores (AP)

  • Alcoa to slash jobs and sell 4 units (Reuters)

  • Alcoa to slash jobs and sell 4 units (Reuters)

  • LyondellBasell U.S. units file for bankruptcy (Reuters)

  • Fed and other agencies to join U.S. fraud task force (Reuters)

  • Housing, factories and services remain in slump (Reuters)

  • Meltdown 101: What shows up in the Fed minutes? (AP)

  • Stocks rise on stimulus plan hopes (Reuters)

  • Schwarzenegger presses Obama on stimulus measures (Reuters)

  • Alcoa to cut 13,500 jobs, reduce output (AFP)

  • Democrats vow action as new Congress opens (AFP)

  • New Congress convenes, focused on recession (Reuters)

  • Fed staff sees contraction in 2009, recovery in 2010 (AFP)

  • US service sector improves slightly in Dec. (AP)

  • Fed: Economic woes will last despite radical moves (AP)

  • Brazil industrial output falls on slowing economy (AP)

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