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US gov't unveils bold plan to rescue Citigroup - International Herald Tribune
WASHINGTON : Rushing to rescue Citigroup, the U.S. government agreed to shoulder hundreds of billions of possible losses at the stricken bank and to plow a fresh $20 billion into the company. Regulators hope the dramatic action will bolster badly ...

SNAPSHOT - Financial Crisis - 0445 GMT - Reuters
"We are in the early stages of one of the worst recessions in the post-war period, even factoring in a massive stimulus programme," said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. "It's clean, it's quick, it ...

Business Notes - Lexington Herald-Leader
Lexington TV stations to present special on switch to digital Lexington's television stations will unite on Dec. 2 to air an educational special on the transition to digital television. Beginning at 7:30 p.m., DTV: Are You Ready? will air ...

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 ...

Analysis: Word of recession may boost Obama's plan - International Herald Tribune
WASHINGTON : When recessions officially begin and end may not mean much to consumers feeling harsh economic pain. But now that the "R" word is official, President-elect Barack Obama may find it easier to power his economic agenda through Congress ...

It's official: U.S. is in a recession - San Jose Mercury News
Dec 1: Manufacturing index drops to 26-year low Cassidy: The economic ripples continue Dow plunges nearly 700 points Dec 1: Dow plunges nearly 700 points Bernanke: Lower interest rates 'feasible' Bush: 'I'm sorry' about economic crisis October ...

Recession? It’s already one year old - Worcester Telegram & Gazette
WASHINGTON— The U.S. economy officially sank into a recession last December, which means the downturn is already longer than the average for all recessions since World War II, according to the committee of economists responsible for dating the ...

Recession's Been Here Awhile - New London Day
Washington - The U.S. 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 dating the ...

The recession began a year ago; When will it end? - Omaha World-Herald
Now that top economists officially have declared the U.S. economy in recession, a key question remains: When will it end? In declaring that the economy has been in a downturn since December 2007, the National Bureau of Economic Research confirmed ...

YEAR-OLD RECESSION JUST GETTING WORSE - Akron Beacon Journal
WASHINGTON: The U.S. 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 dating the ...