Business - Economy & Trade

Panic Strangles Asia Stocks; Yen Firm

Asian stocks plunged on Friday, with Japan's Nikkei down more than 10 percent.

Markets Slammed as Investors Head for the Exits

Bears and short sellers were out in full force as economic fears punished markets for the seventh straight day.

Financial Crisis Hurts U.S. Retirement Funds

As the worsening credit crisis and weakening economy sink multinational corporations, millions of Americans are seeing their retirement funds dwindle and life savings disappear.

Will the $700 Billion Rescue Plan Work?

Economists and financial specialists can’t seem to agree on the viability of the $700 billion federal financial rescue plan.

Jobless Claims Reach Seven-Year High

A U.S. Department of Labor report on Thursday showed that weekly unemployment claims reached their highest levels since Sept. 2001.

U.S. Gives $25 Billion to Auto Industry

Congress tossed a lifeline to the long-suffering U.S. auto industry, in the form of a $25 billion low-interest loan.

China Exporting Rare Earth Metals for Less Than the Price of Pork

Lowering Energy Costs within Ten Years

Stepping away from the nightmare of high-energy prices is no longer a pipe dream.

Trust, Confidence, and the American Consumer

America’s younger generation—people from 25 to 34 year of age—appear to be quite a bit less cynical about business and their activities than those aged 35 to 64.