Automotive Stimulus Plan would give a TAX break to consumers buying a passenger vehicle (car, truck, SUV) between November 12th and December 31st of 2009

As companies look at their prospects for the final quarter of the year and begin to see increasingly grim outlooks for 2009, they are cutting jobs from many different parts of their businesses.

Consumer prices shot up in July at twice the expected rate, pushed higher by surging energy and food costs. The latest surge left inflation running at the fastest pace in 17 years.

Fox's Chris Wallace asked Brit Hume to consider John McCain's potential running mates. Hume went through a list of choices, saying that McCain would go with safe choices, that he wasn't far enough behind to go for the "long ball," and that he certainly wouldn't pick anyone older than him (is there such a possibility?).

The number of homeowners stung by the rout in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with June a year ago, according to data released Thursday.

The trade deficit jumped to the highest level in 13 months in April as America’s bill for foreign crude oil soared to an all-time high.

Drop on UK house prices worse than expected.

Real estate crisis pushes auto Industry to the worst year since 1995.

First the good news: The worst of the painful housing slump and the credit crunch might come to an end this year. Now the bad: The economy will weaken further and unemployment will rise.

When a Gallup Poll showed that 59% of Americans believe a full-fledged economic depression is “somewhat likely” within the next two years, WCCO News in Minneapolis sought out economics professor Raymond Robertson to ask, “Is this the recession that will become a depression?”