Global Slump Seen Deepening
New Forecasts of Contraction, Trade Drop Cause Worry on the Eve of G-20 Summit

U.S. Economy: Consumer Confidence Hovers Near a Record Low

U.S. business activity contracted in March for a sixth consecutive month, reaching the lowest level in almost three decades

With bailouts, the budget deficit is exploding.

OECD predicts 10% jobless rate for 2010

Home Prices in 20 U.S. Cities Fell by a Record 19% in January

Banks Walking Away on Foreclosures

The OECD said it expects the U.S. economy to shrink by 4% this year, the euro-zone economy by 4.1%, and the Japanese economy by 6.6%.

U.S. Threatens Bankruptcy for GM, Chrysler

Marketers offer relief to consumers hit by job loss

Government says air travel will fall 7.8% this year as the weak economy clips the industry's wings.

Brawls Break Out Among Laid-Off Workers as Michigan Car Dealership Closes

M’s Wagoner Steps Aside After Failing Obama Scrutiny

Move Your Money Out of the Country and Soon

Is there any gold inside Fort Knox, the world's most secure vault?

Mortgage Defaults, Delinquencies Rise

In China, job seekers are resorting to plastic surgery

American consumers’ spending slowed in February and their confidence remained near a three-decade low this month, reflecting the toll of a deteriorating job market.

More states see jobless rate top 10 percent

UK economy slows sharper than expected as construction slumps

Commercial Property Faces Crisis
Delinquency Rate at 1.8%, Near Peak of Last Recession; Parallels to S&L Debacle

lackluster demand for US debt stirs worries about economic recovery plans

California home prices dropped 41 percent last month from a year earlier, more than double the U.S. decline

he first time the Treasury failed to attract enough bids at a sale of nominal debt in 14 years.

Miami "condo king" hit by boom-to-bust downturn

We Need Honest Accounting

Struggling restaurant chains try cheap eats to lure diners

California's jobless rate will hit 11.9% by mid-2010

European Union politician on Wednesday slammed U.S. plans to spend its way out of recession as "a way to hell."

Fears of record hedge fund withdrawals

Japan: Blurring the line between bullets and trains

Global recession stalls skyscraper construction

Bargain hunters drive up sales at discount shops

More women needing cash go from jobless to topless

Obama budget will bankrupt US

Treasury's toxic asset plan could cost $1 trillion

doomsday if Obama budget passed

Citigroup Inc. and two other lenders have filed court papers to foreclose on General Growth Properties Inc.'s Oakwood Center mall in New Orleans

Credit Unions With $57 Billion in Assets Seized; 3 Banks Fail

Americans fear home price drop accelerating

More consumers are just a paycheck or two away from ruin

Banks warned on commercial property ‘black hole’

millions protest against Nicolas Sarkozy's handling of economic crisis

Dollar Rally Crumbles as Fed Ramps Up Printing Press

Another Bubble?

Hedge fund makes headlong rush into gold

U.S. Dollar Has Third Biggest One-Day Decline Ever

U.S. House Set to Vote on 90% Tax Targeted at Executive Bonuses

The U. S. economy continues to falter as companies cut back, countless Americans lose their jobs and the markets continue to be erratic, but somehow, consumer prices are rising.

U.S. Migration Falls Sharply

Muvico sells leases to 4 complexes

More car owners behind on auto loans

Fewer leaving urban centers, moving to sunnier places

Families that cut a little last year are cutting more now

Obama housing fix

Long Beach and Los Angeles port traffic slows in February

Fed to pump another $1 trillion into U.S. economy

U.K. Unemployment Rises Most Since at Least 1971

National debt hits record $11 trillion

U.S. credit card defaults rise to 20 year-high

Deflation Now Is Remaining in the Picture

Economic slump drives used car sales, prices up

CNN poll: Americans fear a new Great Depression

China's Own Version of the Real Estate Bust

Alcoa to Slash Dividend, Sell Stock to Conserve Cash

Migrant Workers Sending Less Money to Latin America

Industrial output drops for 4th straight month as factory operating rate falls to record low

n a bad economy, this sorry state has the worst credit rating and the highest taxes. The former eBay chief wants to run it like a business. Is that a good thing?

Britain showing signs of heading towards 1930s-style depression, says Bank

Commentary: What do those who called the downturn think?

Tide turns against schools as foreclosures rise

Mark-to-Market: The Bogeyman of the 1930s Is Back

Tough Times Force 'Economoms' Back to the Job Market

Baby Boomers ‘Under Water’

MGM Mirage Facing Breakup

Patients Putting Off or Rushing Surgery

A Trashed Economy Foretold

ALF Is Reworked After Investors Balk

Plan to cut mortgage interest deduction stirs opposition

Fed Program to Spur Loans May Start With Few Deals

Bankers Rush to the Exits

Berkshire loses top credit rating

The jobs crisis

A downturn that began in the rich world is hurting those who can least afford it

GE loses its top credit rating

Americans' net worth sinks 17.9%; spending pullback likely

China "worried" about U.S. Treasury holdings

Sour U.S. economy has put 40% of Americans on edge

GM says it won't need $2-billion government loan

Asian markets soar on upbeat signals

U.S. retail sales drop not as bad as feared

45 percent of world's wealth destroyed: Blackstone CEO

More Companies At Risk of Failing

Palm Beach County foreclosures see 50% jump

Peter Schiff Predicting the Recession

Millions are no longer millionaires

Freddie Mac seeks $30.8 billion in government aid after posting $23.9 billion 4th-quarter loss

The Fed Didn't Cause the Housing Bubble by Alan Greenspan

Atlantic stimulus rift grows

Chinese Exports Fall Sharply in February

21% of Americans scramble to pay medical, drug bills

Fleetwood files for bankruptcy as the housing crisis slashes demand for its two key products.

53% Say It’s Likely the U.S. Will Enter a Depression Similar to 1930’s

More unemployment victims: The banks

A big spender's 'rosy' delusions on GDP growth.

Landlord Nation: Detroit To Cleveland

Housing Bust Deals a Cruel Blow to Older Homeowners

Hedge Funds May Cut a Record 20,000 Jobs as Losses Erode Fees

Firms' hiring outlook hits lowest point in Manpower survey's history

24 million go from 'thriving' to 'struggling'

Cities brace for revenue losses as property values continue to drop

An L of a recession

The 'Bottom Rung' -- Companies at Greatest Risk of Defaulting

Manchurian Candidate’ Starts War on Business:

Global Financial Assets Lost $50 Trillion Last Year, ADB Says

Depression Dynamic Takes Hold as Markets, Banks Revisit 1930s

Dow 5000? A Bearish Possibility

Home Depot at standoff with laborers who swarm customers in bid for work

llegal immigrants might get stimulus jobs, experts say

Stock market recovery likely will be years in the making

One layoff leads to another

Recession on track to be longest in postwar period

World Bank offers dire forecast for world economy

The Next Hit: Quick Defaults

Run on UK' sees foreign investors pull $1 trillion out of the City

Border arrests drop to 1970s levels

Job Losses Could Drown Stimulus

2009 Depression Will Be Nothing Like 1929

Retirement plans of millions of Britons at risk after Bank of England 'prints money'

Rate Passes 13% in Lawrence, Mass. -- and It's a Painful Sight

Sliding economy raises questions about credit scores

The Dow Jones Industrial Average has fallen 20 percent since Inauguration Day, the fastest drop under a newly elected president in at least 90 years

Economists say the job market may not get back to normal -- meaning a 5 percent unemployment rate -- until 2013.

Recession Job Losses Top Four Million

U.S. Economy: Unemployment in U.S. Surged to 8.1% in February

BofA, Wells Fargo: No Equity After Accounting for Bad Loans 38 comments

Highest And Lowest Earners Both Hit By Recession

‘Obama Bear Market’ Punishes Investors as Dow Slumps (Update1)

Landlords seek to evict some Muvico Theaters Palm Beach Post

More hotels are facing foreclosure, bankruptcy USA Today

Most foreclosures pack into a few counties USA Today

Bill Seeks to Let FDIC Borrow up to $500 Billion WSJ

Dow Industrials, S&P 500 Skid More Than 4% WSJ

The Three Ways GE Can Survive The Business Insider

Retail Sales Top Projections on Springtime Inventory Bloomberg

Mortgage Delinquencies Rise to Record on Job Losses Bloomberg

U.S. Jobless Claims Exceed 600,000 for a Fifth Week Bloomberg

Citigroup, Once World’s Biggest Bank, Sees Stock Drop Below $1 Bloomberg

GM Cuts Wagoner’s Pay, Says Company Has ‘Going Concern’ Risk Bloomberg

Factory Orders in the U.S. Fall in January, Ex-Transport Down Bloomberg

The U.S. Financial System Is Effectively Insolvent Forbes

Empty Ships Flock to Subic Bay as Lines Battle Plunging Rates Bloomberg

Bank of England Cuts Rates, Starts Asset Purchases Bloomberg

More Than 8.3 Million U.S. Mortgages Are Under Water Bloomberg

Economy deteriorated as '09 began, Fed says; outlook 'poor' USA Today

Retail's 'two tales' remain even as shoppers cut back
Marketwatch

U.S. Economy Weakened in January, February, Fed Says Bloomberg

Federal Deposit Insurance Corp. Chairman Sheila Bair said the fund it uses to protect customer deposits at U.S. banks could dry up amid a surge in bank failures, Bloomberg

Job Losses Show Breadth of Recession NY Times

The Second Great Depression The Nation

Private-sector cut 697,000 jobs in February, ADP says Marketwatch

GE Shares Drop Below $6 for First Time Since 1991 Bloomberg

What Are the Odds of a Depression? WSJ

Obama Budget "Greatest Wealth Destruction By a President" Mediabistro

MGM Mirage warns of debt default risk Financial Times

The struggle to make meaningful forecasts in a downturn The Economist

Fed Moves to Free Up Credit for Consumers WSJ

U.S. car sales tank to troubling depths USA Today

First Bank of Beverly Hills rescued Los Angeles Times

The S&P 500 slipped 4.49 points, or 0.6%, to 696.33, finishing under 700 for the first time since October 1996 WSJ

Bailouts: Throwing Good Money After Bad SmartMoney

As the Dow keeps dropping, the President is running out of people to blame. WSJ

U.S. Auto-Sales Rate Falls to 27-Year Low, Led by GM Bloomberg

Meat-Eaters ‘Trading Down’ From Steak to Chicken: Bloomberg

Mortgage delinquencies up for 8th straight quarter AP

Gartner: PC shipments to see sharpest-ever decline AP

Dow Falls Below 6800 Amid Broad Retreat WSJ

Savings rate rises to 14-year high in January Marketwatch

U.S. Economy: Manufacturing Slump Persists as Sales, Jobs Sink Bloomberg

U.S. to provide another $30 billion to AIG Marketwatch

Stocks Drop Worldwide, Treasuries Gain on Concern About Economy Bloomberg

Apartment Buyers Abandoning 6-Figure Deposits NY Times

FTSE 100 falls to six-year low Telegraph.co.uk

Crisis Resolved After Grand Central Vendors, Citing the Economy, Withheld Rents Los Angeles Downtown News

Why Don't Chain Restaurants Talk More About Their Franchises' Finances? Seeking Alpha

Our own lost decade? Washington Times

China's Auto Bailout Takes a Different Route Time

Bank of England is set to bring interest rates down to an effective zero-level Telegraph.co.uk

New 'Iron Curtain' threatens to split Europe over economic crisis Telegraph.co.uk

‘Leave it to Beaver’ Saving Rate Boosts U.S. Treasury Holdings Bloomberg

AIG to get up to $30 billion more in federal aid Los Angeles Times

The global economic crisis threatens to spin the bloc - and its single currency - apart. International Herald Tribune