World News Center
Lower mortgage rates no silver bullet
December 5, 2008Reducing mortgage rates to a historically low 4.5% may entice some home buyers out of the shadows, but it won't be enough to really spur housing sales, experts said.
Big Three plead Congress for $34B
December 5, 2008The CEOs of the leading automakers were back before Congress Thursday, arguing for a larger bailout than they asked for just two weeks ago, and hoping to undo the damage they did to their case at the earlier hearings.
Banks' emergency Fed borrowing falls
December 5, 2008Read full story for latest details.
More Americans call recession 'serious'
December 5, 2008More than four out of 10 Americans say the economy is in a serious recession, a belief that has grown stronger within the past few weeks, according to a poll released Thursday.
Bernanke: More foreclosure aid needed
December 5, 2008Federal Reserve Chairman Ben Bernanke said Thursday that the government must do more to address foreclosures.
Market volatility explained
December 5, 2008Let's see, on Monday the Dow was down almost 700 points. Tuesday, it was up 270 and Wednesday up another 172 points. Will the rest of the trading week end higher? Or finish with a nausea-inducing slide?
Programs quietly easing credit crunch
December 5, 2008Treasury's $700 billion bailout has gotten most of the nation's attention, but some of the government's lesser-known programs are doing their part to help ease credit as well.
Mapping a renewable energy agenda
December 5, 2008Renewable energy advocates were upbeat Thursday as they met in Washington, D.C. to discuss upcoming energy policies expected under a new Obama Administration.
Wal-Mart escapes November sales slump
December 5, 2008Wal-Mart Stores reported November sales that trounced expectations Thursday as the discounter continues to gain market share from its rivals in a worsening economy.
Average gas price falls below $1.80
December 5, 2008The average gas price in the United States fell below $1.80 a gallon Thursday for the first time since early 2005, according to a daily survey of gas station credit card swipes.
