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  • GDP Surged in Summer But Slowdown Is Coming Thursday, 29 Nov 2007 | 12:27 PM ET

    The U.S. economy grew at a robust 4.9% rate in the third quarter, but a surge in jobless claims last week signaled a major slowdown in the fourth quarter.

  • Bank of England Extends Emergency Funds Terms Thursday, 29 Nov 2007 | 10:48 AM ET

    The Bank of England will offer commercial banks emergency funds with longer repayment terms when it lends money next month, to ease potentially tight money markets at the end of the year, officials said Thursday.

  • Who'd have thunk it. Russia has become one of the hottest and fastest growing auto markets in the world. Now Chrysler wants a piece of the action and it may wind teaming up with a Russian automaker GAZ. Today in Michigan Chrysler executives and Michigan's governor are reportedly set to meet the president of GAZ to discuss the Russian automaker investing in the U.S.

  • Asian Markets Close Higher on US Rate-Cut Hopes Thursday, 29 Nov 2007 | 4:56 AM ET

    Asian markets ended higher across the board Thursday, as risk appetite returned to the market after comments from the vice chairman of the Federal Reserve bolstered expectations for a U.S. interest rate cut.

  • French Consumer Morale Slides after Strikes Thursday, 29 Nov 2007 | 3:20 AM ET

    1st paragraph of story should go here

  • Australian Investment Boom Eases in Third Quarter Wednesday, 28 Nov 2007 | 9:25 PM ET

    Australian business investment unexpectedly fell last quarter as the booming mining sector took a breather, though firms still upgraded already ambitious spending plans for coming months.

  • Japan's October Industrial Output Rises, Outlook Patchy Wednesday, 28 Nov 2007 | 7:48 PM ET

    Japan's industrial production rose in October from September, signalling firm corporate activity and steady exports, but the data did little to alter views that the Bank of Japan will not raise interest rates until next year.

  • Wall Street Bloodbath: Layoffs Keep Growing Wednesday, 28 Nov 2007 | 6:07 PM ET

    Bear Stearns is only the latest Wall Street firm to cut jobs. In recent months, U.S. banks and financial service companies with banking operations having been slashing tens of thousands of positions.

  • Fed's No. 2 Sparks Markets With Hint Of Rate Cuts Wednesday, 28 Nov 2007 | 4:08 PM ET

    The Fed's No. 2 official signaled a willingness to cut interest rates further, saying renewed  financial market turmoil could slow the  economy more than thought.

  • Fed Sees A Blue Christmas as Growth Slows Wednesday, 28 Nov 2007 | 3:47 PM ET

    The economy grew at a slower pace in the late fall as shoppers watched their pennies heading into the busy holiday season.

  • Oil Tumbles Below $92 as Supply Fears Ease Wednesday, 28 Nov 2007 | 3:27 PM ET
    Oil Refinery

    Oil prices tumbled more than 3 percent to below $92 a barrel after a U.S. government report showed crude stockpiles fell less than expected last week, easing supply concerns.

  • Economy Will Be Hit Hard Even Without Recession Wednesday, 28 Nov 2007 | 2:24 PM ET

    The  economy may avoid a recession in the year ahead but it's almost certain that there will be months of slow growth.

  • Dollar Gains; Investors Bet Recent Declines Too Far Wednesday, 28 Nov 2007 | 12:43 PM ET

    The dollar rallied to one-week highs against the euro, the yen and the Swiss franc Wednesday with investors betting the U.S. currency's recent slump to multiyear lows had gone too far.

  • U.S. Car Buyers: What's Giving Them The "Jitters?" Wednesday, 28 Nov 2007 | 9:57 AM ET

    As we wrap up this year, we are close to seeing U.S. auto sales fall to their lowest point in nine years. It has me wondering about what's spooking vehicle buyers? Is it the economy? Is this simply the natural ebb and flow of demand for new cars, trucks and SUV's?

  • ECB 3-Month Funds Rate at Highest Rate Since 2001 Wednesday, 28 Nov 2007 | 9:23 AM ET

    The European Central Bank lent three-month funds to banks at its highest rate since April 2001, after unexpectedly strong demand on Wednesday from a market keen to secure liquidity to tide it over the end of the year.

  • Durable Goods Orders Fall for Third Straight Month Wednesday, 28 Nov 2007 | 9:21 AM ET

    New orders for long-lasting U.S.-made manufactured goods dropped for a third month in a row during October and companies appeared wary about making new investments, according to a Commerce Department report on Wednesday.

  • China Blames Dollar for Sharp Yuan Rise vs. Euro Wednesday, 28 Nov 2007 | 8:29 AM ET

    The euro's rise against the yuan is largely a reflection of a sharp drop in the dollar, and the European Union should look to Washington to resolve the problem, Chinese Premier Wen Jiabao said on Wednesday.

  • Asian Markets Close Lower, Hong Kong Gains Wednesday, 28 Nov 2007 | 5:14 AM ET

    Asian markets slipped into the red Wednesday, with the exception of the Hang Seng index, paring back the modest gains made in the morning.  Japan finished down while South Korea closed over 1 percent lower.

  • German Consumer Confidence Falls for Fourth Month Wednesday, 28 Nov 2007 | 4:41 AM ET

    Consumer confidence in Germany fell for the fourth consecutive month despite the end-of-the-year holiday season, driven by fears surrounding the strong euro and high prices, according to a survey released Wednesday.

  • Oil Tumbles Below $95 on Prospect of Supply Boost Tuesday, 27 Nov 2007 | 3:09 PM ET
    Oil Refinery in California

    Oil fell more than 2 percent on expectations OPEC will boost supply and concerns US economic problems will grind down demand growth.

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