03:24AM | Jack Healy | New York Times
In another sign that the struggling economy continues to slow, consumer prices tumbled by a record amount in October.
11:56AM | Bill Vlasic and David M. Herszenhorn | New York Times
Detroit automakers were poised to leave Washington on Wednesday without the $US25 billion ($38.6 billion) in federal aid the companies contend is critical to their long-term survival.
07:15AM | Tian Ying BEIJING Bloomberg | The Australian Financial Review
Car makers in China are seeking government aid and lower sales taxes to help revive waning demand in the world's second-largest market.
07:15AM | Anthony Hughes | The Australian Financial Review
The US's ailing car industry is facing an uphill battle securing rapid congressional support for a $US25 billion ($39 billion) government rescue package, amid diminishing political support in the current Congress and doubts about the industry's long-term viability.
07:15AM | Anthony Hughes NEW YORK | The Australian Financial Review
Americans have witnessed some strange things this year as their previous assumptions about the role of government and private enterprise in a capitalist economy have been tested time and time again.
06:33AM | Anthony Hughes NEW YORK | The Australian Financial Review
One of the top US banking regulators has warned that the government is falling "behind the curve" in tackling the home foreclosure crisis, adding to congressional pressure on the US Treasury to direct some of its $US700 billion financial rescue package towards individual assistance to distressed homeowners.
06:34AM | Associated Press | The Australian Financial Review
The US Labour Department said yesterday that wholesale prices dropped 2.8 per cent in October, the biggest one-month decline on records that go back more than 60 years. The previous record was a 1.6 per cent fall in October 2001, the month after the terrorist attacks in New York.
12:00AM | The New York Times | The Australian Financial Review
Bankers in Asia had been largely immune to the fallout from the global financial crisis. But as the economic malaise consumes country after country, those jobs are no longer viewed as safe.
07:14AM | John Brinsley WASHINGTON Bloomberg | The Australian Financial Review
China surpassed Japan in September to become the biggest foreign holder of US Treasuries, as foreign investors sought the relative safety of government debt amid a 9.1 per cent plunge in stocks that month.
07:14AM | The Guardian | The Australian Financial Review
China's President, Hu Jintao, is leading scores of Chinese businessmen on a sweep through Latin America to reinforce Beijing's growing economic clout in the region.
03:28AM | David Jolly | New York Times
German chemical company, BASF, is going to temporarily halt or slow production at 180 plants around the world.
03:17AM | Reuters
Leaders from 21 Pacific Rim economies are expected to deepen their commitment to free trade in the face of protectionist threats at a summit in Peru this weekend, and promise swift action on the global financial crisis.
03:46AM | Bloomberg | The Australian Financial Review
Euro construction falls
03:45AM | Bloomberg, The New York Times, AFP | The Australian Financial Review
Air NZ to axe 200
12:00AM | Bloomberg | The Australian Financial Review
The Bank of England says the benchmark interest rate may have to be reduced by more than 2 percentage points, after its forecasts pointed to a deepening recession.
12:00AM | Los Angeles Times | The Australian Financial Review
We are happy to see the international community really trying to intervene.
03:33AM | DealBook | New York Times
With so many advisers linked to Wall Street, how much change will President-elect Barack Obama bring to the nation's financial system?
06:37AM | Eric Lichtblau WASHINGTON The New York Times | The Australian Financial Review
President-elect Barack Obama's transition team has signalled to Eric Holder, a senior official in the Justice Department in the Clinton administration, that he could be chosen as attorney-general.