Brutal selloff on Wall Streetmore similar news »
Stocks plummeted Thursday, with the Dow plunging around 345 points as mixed retail sales, lower oil prices and dour labor market readings amplified worries about a global economic slowdown.
No job turnaround on horizonmore similar news »
Economists expect another weak job report when the government releases its August employment figures Friday. But many also are predicting job losses to continue deep into 2009 as well.
Big Three bailout may be around cornermore similar news »
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.
Honda's Prius-fightermore similar news »
Honda Motor Co. unveiled a pure-hybrid concept car Thursday that hopes to go head to head with Toyota's wildly popular Prius.