Employment Falls for Second Monthmore similar news »
The worst fears of consumers, investors and officials were confirmed as deepening paralysis on Wall Street collided with stark new evidence of a likely recession.
Bits: Fight for Last Blocks of Wireless Spectrummore similar news »
With winning bids totaling $19.6 billion, the Federal Communication Commissions auction of wireless spectrum has been held up as bids trickle in for tiny local licenses in places like Minot, N.D., and American Samoa. The end should come next week.
Asian Stocks Slide; Dollar Hits New Lowsmore similar news »
Asian stocks tumbled on Friday, with Japans Nikkei losing 3 percent, on fears that more credit-related losses in the global financial sector will push the United States into a recession.