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  • Fed Chief Likely to Remain Stingy With Rate Cuts Thursday, 17 Jan 2008 | 10:10 AM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Most analysts say Fed Chairman Bernanke will move cautiously even if the Fed cuts interest rates by half a percentage point at its Jan. 29-30 meeting, as many now expect.

  • Housing Starts Skid, But Jobless Claims Ease Thursday, 17 Jan 2008 | 10:06 AM ET

    U.S. home building projects started in December fell by 14.2 percent to the lowest pace inmore than 16 years, but jobless claims fell unexpectedly last week.

  • Fed, Gov't Officials Warn of Economic Slowdown Thursday, 17 Jan 2008 | 9:21 AM ET

    A Federal Reserve official and a state secretary warned Thursday the slowdown in the U.S. economy was quickening, because of weak housing prices, falling stock prices and rising energy costs.

  • Fed's Chairman Appears Open To Stimulus Package Thursday, 17 Jan 2008 | 6:35 AM ET
    Ben Bernanke

    Fed Chairman Bernanke has indicated he is open to congressional and White House efforts to develop a rescue package to avert a recession.

  • Vienna Calling Thursday, 17 Jan 2008 | 5:41 AM ET

    The Austrian capital is the city where the old EU meets the new EU. Teeming with international organizations, it's also the city that was the first to foray into Eastern European banking and the destination for tasty pastry.

  • China Says Price Controls Will Not Distort Market Wednesday, 16 Jan 2008 | 11:33 PM ET

    China's recently introduced price controls are aimed at stabilizing inflationary expectations and will not distort the market economy, planning officials said on Thursday.

  • Australia's Jobless Rate Falls in December Wednesday, 16 Jan 2008 | 9:18 PM ET

    Employment in Australia recorded another solid rise in December while the jobless rate fell by  more than expected, underlining a domestic case for a rise in interest rates, even as a troubled global outlook argued against one.

  • Economic Stimulus Plan Gains Traction in Congress Wednesday, 16 Jan 2008 | 3:46 PM ET
    Shopper with bags

    Democratic and Republican leaders of the U.S. House  agreed to develop a bipartisan economic stimulus plan to help avert a possible recession.

  • Dollar Gains on Lower Euro Zone Growth Forecast Wednesday, 16 Jan 2008 | 3:43 PM ET

    The euro plunged against the U.S. dollar after a European Central Bank official told Bloomberg News the central bank may revise down its euro zone growth forecasts for 2008.

  • Inflation Mild Last Month; Industrial Output Steady Wednesday, 16 Jan 2008 | 3:25 PM ET

    U.S. consumer prices rose a modest 0.3 percent in December, slightly worse than expected, while industrial output was unchanged, beating forecasts.

  • Bernanke: Stimulus Plan Needed for Economy Wednesday, 16 Jan 2008 | 2:34 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Federal Reserve Chairman Ben Bernanke wants Congress to act quickly to pass an economic stimulus package, Sen. Charles Schumer told CNBC.

  • Fed's Beige Book: Economy Continues to Weaken Wednesday, 16 Jan 2008 | 2:06 PM ET

    The U.S. economy continued to grow in the final weeks of the fourth quarter but the paceof activity slackened amid subdued holiday spending and a weak housing sector.

  • Recession Fears Are Likely to Overshadow CPI Report Tuesday, 15 Jan 2008 | 4:13 PM ET

    Higher energy and food prices may be hitting many Americans, but fears of a recession are likely to overshadow Wednesday's report on consumer prices.

  • Euro Stocks End Lower on Retail, Banks Tuesday, 15 Jan 2008 | 11:59 AM ET

    European markets ended sharply lower Tuesday, tracking U.S. stocks, which were dragged down by weak retail sales and an announcement by Citigroup of a bigger-than-expected fourth-quarter loss of $9.83 billion.

  • Dollar Drops to 2-1/2 Year Low vs. Yen Tuesday, 15 Jan 2008 | 11:35 AM ET

    The dollar Tuesday fell to its lowest against the yen since June 2005 and extended declines against the euro after U.S. retail sales data provided further evidence an economic slowdown was spreading to the consumer.

  • Recession Worries Grow As Retail Sales Decline 0.4% Tuesday, 15 Jan 2008 | 10:47 AM ET

    American shoppers cut back on spending at the nation's retailers by 0.4 percent in December, the most in six months, in a gloomy report that fanned fears of a recession.

  • UK Retail Inflation Stays Steady in December Tuesday, 15 Jan 2008 | 4:53 AM ET

    British annual consumer price  inflation held at 2.1 percent as expected in December, above the  Bank of England's target for the third month running, official  data showed on Tuesday.

  • Greenspan Joins Hedge Fund as Advisor Tuesday, 15 Jan 2008 | 3:00 AM ET

    The U.S. economy is probably in a recession or about to slide into it, former U.S. Federal Reserve Chairman Alan Greenspan said in an interview with The Wall Street Journal.

  • China to Cap 2008 Lending at 3.6 Trillion Yuan Monday, 14 Jan 2008 | 9:10 PM ET

    China's central bank has set a target of capping new domestic-currency lending in 2008 at last year's level of 3.63 trillion yuan, state media reported on Tuesday.

  • Weak Retail Sales Report Could Signal Recession Monday, 14 Jan 2008 | 3:47 PM ET
    Cash Register

    U.S. consumers are tightening their purse strings, and the squeeze may be severe enough to topple the U.S. economy into recession.

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