US rules out new economic package Fri, 05 Sep 2008 23:19:26 -0000 White House says it does not see need for new measures to stimulate economy despite sharp rise in unemployment. Global economy woes shake markets Fri, 05 Sep 2008 21:35:26 -0000 Worsening US job figures heighten fears of a global economic slowdown - undermining stock markets around the world. US Boeing workers set to strike Sat, 06 Sep 2008 02:40:49 -0000 Workers at the world's biggest aircraft manufacturer, Boeing, are to go on strike in the US.
NYT > World Business
Now Europeans Are Slower to Spend, and It Shows Sat, 06 Sep 2008 02:42:45 -0000 For the first time in more than a decade, consumers in much of Europe are buying less than they did a year earlier, helping to slow economies that may have fallen into recession.
U.S. Rescue Seen at Hand for 2 Mortgage Giants Sat, 06 Sep 2008 03:45:29 -0000 The plan would replace the leaders of Fannie Mae and Freddie Mac and virtually wipe out their shareholders but let them continue to work with the government standing behind their debt.
Big Summer Sell-Off Hits the Russian Stock Market Sat, 06 Sep 2008 04:01:10 -0000 Russia’s stock market is suffering its worst correction in nearly a decade as sliding oil prices, political attacks on private companies and instability after last month’s war in Georgia spook investors.
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