No job turnaround on horizon Thu, 04 Sep 2008 16:31:20 -0400 Economists expect another weak job report when the government releases its August employment figures Friday. But many also are predicting job losses to continue well into 2009 as well.
Why the Fed cuts haven't worked Thu, 04 Sep 2008 16:17:44 -0400 It's been almost a year since the Federal Reserve issued the first of what turned out to be seven rate cuts to deal with the credit crisis.
Big Three bailout may be around corner Thu, 04 Sep 2008 16:07:45 -0400 Plunging auto sales, high gas prices and election year politics could help convince Congress to approve a $50 billion loan package to embattled U.S. automakers that Detroit's Big Three claim is key to their future success.
Latest Business News from Times Online
Fresh credit worries slam euro and the pound Fri, 05 Sep 2008 07:28:24 -0000
The euro and sterling fell heavily against the dollar today on fresh fears
that collapsing credit markets are thrusting Europe headlong into recession.
Car sales crash as economy hits skids Fri, 05 Sep 2008 00:00:00 -0000
Car sales fell to their lowest level for more than 40 years last month in the
most dramatic sign yet that the country is heading into a recession.
Fall in house prices accelerates but Bank of England leaves rates on hold Fri, 05 Sep 2008 00:00:00 -0000
Homeowners were given assurances but no immediate relief yesterday as house
prices fell at the fastest rate in a quarter of a century and the Bank of
England decided against cutting the interest rate.
Go-Ahead profits climb 20% on rail boom Fri, 05 Sep 2008 08:37:02 -0000
Go-Ahead, the rail and bus operator, has seen pre-tax profits climb by a fifth
as credit crunch-hit commuters opt increasingly for public transport.
Paul Polman named as new Unilever chief executive Fri, 05 Sep 2008 00:00:30 -0000
A former top executive of Procter & Gamble and Nestlé will take the helm
at Unilever, bringing to an end almost a century of groomed internal
inheritance in the Anglo-Dutch food and soap multinational group.
Breakdowns spark National Grid crisis in power supply Fri, 05 Sep 2008 00:00:00 -0000
The crumbling state of Britain’s electricity network was exposed yesterday
when power station breakdowns caused the first energy shortage of the autumn.
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