- Dow ends down 1.41 percent, Treasury bill rates rise on credit thaw. - Fed official warns of weak growth into 2009, says jump in jobless rate suggests U.S. economy will slip into recession. - U.S. consumer confidence and new-home construction ..more

THE Tories yesterday blamed the credit crunch squarely on Gordon Brown. And they warned the Prime Minister he now has no place to hide . David Cameron broke his silence to say Britain s economic meltdown proves his opposite number is a ..more

US president George Bush is set to meet EU leaders to discuss the global financial crisis at Camp David today. Mr Bush will meet with French president Nicolas Sarkozy and Europe an commission president Jose Manual Barroso in a meeting analysts have ..more

IT'S the one silver lining to the doom and gloom of the credit crunch as stores fight to attract shoppers back to the city centre, prices have been slashed. For anyone who's got any money left, it's the perfect time for bargain hunting. On ..more

With Halloween approaching in the middle of a financial crunch, parents must decide whether to take the frugal route, crafting homemade costumes, or to take the easy (but expensive) way out. In 2007, Emily Bazelon presented her defense of store ..more

Wall Street ended a tumultuous two-week run Friday, finishing another back-and-forth session mixed as investors were cheered by signs of easing in the credit markets and managed to absorb lackluster economic news with equanimity. The expiration of ..more

Wall Street ended a tumultuous two-week run relatively quietly in another back-and-forth session Friday that ended mixed. Investors were cheered by signs of easing in the credit markets and managed to calmly absorb lackluster economic news. But while ..more

NEW YORK, Oct 17 (Reuters) - Tribune Co , the heavily indebted U.S. newspaper publisher and broadcaster, plans to borrow $250 million from an existing line of credit to gain more flexibility amid an ongoing world financial crisis. 'Tribune is ..more