The third week of January was dismal for jobs, as around 40,000 more cuts were announced across multiple industries.
Europe's major markets moved higher for a second straight day, gaining 1% to 2% during Tuesday morning trading.
Business in 2008
updated: Tue Dec 30 2008 06:13:00
CNN's Charles Hodson gets some perspective on this year's financial woes from Towergroup's Ralph Silva.
Major Asia and Pacific markets traded higher Tuesday in the waning days of a dismal year.
The Nikkei has closed with its worst-ever annual percentage fall, losing 42.1 percent.
Stocks fell Monday, closing lower on one of the final trading days of a dismal year, amid global tensions and downbeat corporate news.
Stocks fell Monday, closing lower on one of the final trading days of a dismal year, amid global tensions and downbeat corporate news.
Here's a sign that the credit markets are thawing: Some blue-chip merger targets are looking like less like blue-light specials.
Wall Street advanced Thursday at the end of a volatile session in which investors swayed between scooping up shares hit in the recent battering and worrying about a $5 spike in oil prices and fresh bank and auto sector woes.
Stocks were set for a slight recovery Thursday, ahead of reports on June retail sales and testimony from Federal Reserve Chairman Ben Bernanke.
Most investors expected last year's frenzied takeover activity -- deals totaling more than $164 billion -- to die down after the October crash. Instead, the value of acquisitions is running 50% ahe...
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