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Officials Vow to Act Amid Forecasts of Long Recession - Gainesville Sun
WASHINGTON — The United States economy officially sank into a recession last December, which means that the downturn is already longer than the average for all recessions since World War II, according to the committee of economists responsible for ...

Doublespeak and American Socialism - Canada Free Press
It will be hard for Congressional Republicans to fight this socialist trend when their leadership in both Houses backed Treasury Secretary Henry Paulson’s initial $700-billion Wall Street bailout. “Mortgage Rates Fall as U.S. Expands Rescue ...

TOPWRAP 1-Obama picks point men for crisis fight back - Forbes
WASHINGTON/LIMA, Nov 23 (Reuters) - U.S. President-elect Barack Obama has picked two experienced policymakers, Timothy Geithner and Lawrence Summers, to spearhead the fight against the global financial crisis -- appointments which should bring some ...

The week head in business, at a glance - Los Angeles Times
Federal Reserve releases data on industrial production for October. Results of weekly Treasury auction. Quarterly earnings expected from Lowe's Cos. and Target Corp. Three-day Global China business meeting starts in Barcelona to address the financial ...

Business events scheduled for the coming month - Forbes
SATURDAY, Nov. 1 ISTANBUL, Turkey - Global economic leaders and experts hold final day of discussions on economic turmoil. MONDAY, Nov. 3 NEW YORK - The Institute for Supply Management releases its manufacturing index, 10 a.m. WASHINGTON - Commerce ...

Fannie Mae - Chicago Tribune
WASHINGTON (AP) _ Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. The ...

A look at economic developments, activity in stock markets around the ... - Newsday
LONDON — The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered pace in November. The closely watched purchasing managers index showed manufacturing slumped to a record low of 36.2 in November in the euro zone ...

EDITORIAL: Bravely unto the breach - New Straits Times
LOWERING interest rates to encourage credit may seem counterintuitive in dealing with the present global economic crisis, when it was an over-abundance of credit that led to the United States' subprime mortgage fiasco in the first place. With the ...

A look at economic developments around the world - Miami Herald
LONDON - The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered pace in November. The closely watched purchasing managers index showed manufacturing slumped to a record low of 36.2 in November in the euro zone ...

Flaherty Seeks Support From Provinces on Pensions (Update1) - Bloomberg
Nov. 3 (Bloomberg) -- Canadian Finance Minister Jim Flaherty is seeking support from his provincial counterparts today for additional steps to bolster markets, including help for private pension funds and a renewed push for a single securities ...