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                                       Economics in the News 2007
Economics in the News
CNNMoney

Home prices post record 18% drop
The 20-city S&P Case-Shiller index has posted losses for a staggering 27 months in a row.
By Les Christie
December 30, 2008


Economist.com

Business This Week

By Economist.com
December 30, 2008


FinancialTimes.Com

IMF argues for large stimulus packages

By Alan Beattie
December 29, 2008


FinancialTimes.Com

Sterling haunted by euro parity

By FT
December 29, 2008


The New York Times

Veterans of ’90s Bailout Hope for Profit in New One

By Eric Lipton and David D. Kirkpatrick
December 28, 2008


CNNMoney

Fed slashes key rate to near zero
Ben Bernanke & Co. cite the weakness in the economy and the reduced inflation threat as justification to cut rates to a record low range of 0% to 0.25%.
By Chris Isidore
December 16, 2008


Economist.com

Business This Week

By Economist.com
December 12, 2008


The New York Times

White House Open to Using Bailout Money to Aid Detroit

By Edmond L. Andrews & David M. Herszenhorn
December 12, 2008


The New York Times

Retail Spending Hit a Weak Spot in November

By Jack Healy
December 12, 2008


SJ Mercury News.com

Game industry booms amid the economic gloom

By Troy Wolverton
December 12, 2008

Economist.com

Business This Week

By Economist.com
December 8, 2008


The New York Times

U.S. Loses 533,000 Jobs in Biggest Drop Since 1974

By Louis Uchitelle, Edmund L. Andrews and Stephen Labaton
December 5, 2008


FinancialTimes.Com

US carmakers set for slender lifeline

By Bernard Simon and Daniel Dombey
December 5, 2008


The New York Times

Officials Vow to Act Amid Signs of Long Recession

By Edmond L. Andrews
December 1, 2008


CNNMoney

It's official: Recession since Dec. '07
The National Bureau of Economic Research declares what most Americans already knew: the downturn has been going on for some time.
By Chris Isidore
December 1, 2008


CNNMoney

Treasurys rally on economic weakness
Yields on government debt fall to historic lows as investors flock to the safety of U.S. debt.
By Ben Rooney
December 1, 2008


Economist.com

Business This Week

By Economist.com
November 27, 2008


Economist.com

Business This Week

By Economist.com
November 27, 2008


FinancialTimes.Com

World Bank says crisis will slow China

By Geoff Dyer
November 25, 2008


The New York Times

Slight Rise in Consumer Confidence

By AP
November 25, 2008


The New York Times

Producer Prices Plunge in October

By AP
November 18, 2008


The New York Times

A British Lesson on Auto Bailouts

By Nelson D. Schwartz
November 17, 2008


The New York Times

The Euro Zone Confirms Economy Is in Recession

By Matthew Saltmarsh
November 14, 2008


The New York Times

A Record Decline in October’s Retail Sales

By Jack Healy
November 14, 2008


CNNMoney

GM closes under $3 - first time since '46
Stock plummets another 13% Tuesday as automaker plans to idle 1,900 workers.
By Aaron Smith
November 11, 2008

The Almanac

Eshoo outlines agenda for new administration
Rep. Anna Eshoo provides a preview of probable strategic moves
By Chris Kenrick
November 8, 2008


The New York Times

Jobless Rate at 14-Year High After October Losses

By Peter S. Goodman
November 7, 2008


The New York Times

2 European Banks Offer Gloomy Outlooks

By Julia Werdigier
November 4, 2008


The New York Times

Factory Orders Fall as Businesses Cut Back

By AP
November 4, 2008


CNNMoney

Fed cuts rates and gives grim view
Fed lowers benchmark rate by a half-point as it continues to fight the ongoing crisis in the credit markets; warns that economic recovery will take time.
By Chris Isidore
October 29, 2008


CNNMoney

Dow's 2nd best day ever
Dow rises 11% on big rally, but October is still shaping up to be one of the worst months in Wall Street history.
By Alexandra Twin
October 28, 2008


FinancialTimes.Com

Job fears hit French consumer confidence

By Reuters
October 28, 2008


Reuters.Com

Determined M&A hunters will prosper in 2009

By Olesya Dmitracova and Daisy Ku
October 28, 2008


FinancialTimes.Com

IMF ‘has six days to save Pakistan’

By Farhan Bokhari and Chris Bryant
October 28, 2008


Newsweek.com

Dear Mr. President

By Sir Clive W.J. Granger
October 28, 2008


Economist.com

Business This Week

By Economist.com
October 17, 2008


The New York Times

Oil Prices Slip Below $70 a Barrel

By Jad Mouawad
October 16, 2008


The New York Times

Merrill Reports Its Fifth Quarterly Loss

By Louise Story
October 16, 2008


CNNMoney

Factories: Drop worst in 34 years
Manufacturing in September falls by a whopping 2.8%, according to the a report released this week by the Federal Reserve.
By David Goldman
October 16, 2008


The Third Fiscal Turning

By Gene Steuerle
October 9, 2008


The New York Times

U.S. Considers Cash Injections Into Banks

By Edmund L. Andrews and Mark Lander
October 9, 2008


The New York Times

As Consumers Reduce Their Spending, Wholesale Inventories Are Rising

By Reutersr
October 9, 2008


CNNMoney

Emergency rate cut: 'This better work'
Will the rate cuts by global central banks eventually calm the markets down?
By Paul R. La Monica
October 8, 2008


CNNMoney

Fed pumps billions more into banks
Central bank doubles to $300 billion the amount it will loan banks. Loans could reach $900 billion by end of year.
By Chris Isidore
October 6, 2008


CNNMoney

Record 16% drop in July home prices
July home prices plunge 16.3% in 12 months, according to the Standard & Poor's/Case-Shiller 20-city housing index.
By AP
September 30, 2008


The New York Times

Oil Falls Sharply on Renewed Economic Fears

By Jad Mouawad
September 29, 2008


CNNMoney

Stocks crushed
Approximately $1.2 trillion in market value is gone after the House rejects the $700 billion bank bailout plan.
By Alexandra Twin
September 29, 2008


The New York Times

Lawmakers Agree on Outline of Bailout

By David M. Herszenhorn
September 25, 2008


FinancialTimes.Com

GE cuts outlook and halts buy-back

By Francesco Guerrera and Justin Baer
September 25, 2008


The New York Times

Durable Goods Orders Drop Sharply

By Michale M. Grynbaun
September 25, 2008


FinancialTimes.Com

Trade deficit figures undermine Yen

By Peter Garnham
September 25, 2008


FinancialTimes.Com

Japanese exports to US tumble by 22%

By Jonathan Soble
September 25, 2008


CNNMoney

Debate fires up
Paulson, Bernanke: Immediate action needed on $700B plan to prevent meltdown.
By Chris Isidore
September 23, 2008


CNNMoney

Oil posts biggest-ever 1-day gain
Futures finish up $16.37 - after being up more than $25 to $130 - on the bailout plan, the falling dollar and the expiration of the October contract.
By Catherine Clifford
September 22, 2008


The New York Times

S.E.C. Temporarily Blocks Short Sales of Financial Stocks

By AVikas Bajaj and Graham Bowley
September 19, 2008


Economist.com

Business This Week

By Economist.com
September 19, 2008


The New York Times

Vast Bailout by U.S. Proposed in Bid to Stem Financial Crisis

By Edmond L. Andrews
September 18, 2008


CNNMoney

Why the Fed pulled the trigger on AIG
What did the government get for its $85 billion? Time to try to unwind a company with $1 trillion in assets.
By Tami Luhby
September 17, 2008


CNNMoney

Fed leaves rates unchanged
The central bank disappoints investors - who had hoped it would buffer finance woes with another rate cut - but the market rallies on the news anyway.
By Chris Isidore
September 16, 2008


The New York Times

Wall St.’s Turmoil Sends Stocks Reeling

By Michael M. Grynbaum
September 15, 2008


FinancialTimes.Com

SEC poised to act on short-selling

By Joanna Chung
September 15, 2008


The New York Times

Lehman Files for Bankruptcy; Merrill Is Sold

By Andrew Ross Sorkin
September 15, 2008


FinancialTimes.Com

Russians face $45bn debt backlog

By Rachel Morarjee and David Oakley
September 14, 2008


Economist.com

Business This Week

By Economist.com
September 10, 2008


The New York Times

OPEC Takes Steps to Cut Oil Production

By Jad Mouawad
September 9, 2008


FinancialTimes.Com

Cost of US loans bail-out emerging

By Krishna Guha, Michael Mackenzie and Nicole Bullock
September 9, 2008


The New York Times

Inventories Grow Faster as Sales Fall

By Bloomberg News
September 9, 2008


The New York Times

Antitrust Document Exposes Rift

By Eric Lictblau
September 9, 2008


CNNMoney

The only way to fix Social Security
McCain and Obama have said how they would attack problems in the retirement safety net. But as president, neither will be able to do it his way entirely.
By Jeanne Sahadi
August 20, 2008


The New York Times

Higher Costs Are Taking a Toll on Business

By Michael M. Grynbaum and Peter S. Goodman
August 19, 2008


CNNMoney

Home prices down 7.6%
Foreclosures drove down prices in the last 12 months, with cities in the Sun Belt leading the decline.
By Les Christie
August 14, 2008


The New York Times

Oil Falls Again as the Dollar Strengthens

By Michael M. Grynbaum
August 11, 2008


FinancialTimes.Com

Dollar hits 6-month high against euro

By Peter Garnham
August 11, 2008


The New York Times

Magazine Sales Fall 6.3% at Newsstands

By Associated Press
August 11, 2008


Economist.com

Business This Week

By Economist.com
August 11, 2008


The Economic Times

Now, Indians can trade on a dozen global stock exchanges

By The Economic Times
August 10, 2008


CNNMoney

Dollar hits 7-month high vs. yen
Greenback surges as investor worries about the economy ease somewhat.
By CNNMoney.com
August 6, 2008


CNNMoney

Fed leaves rates unchanged
Central bank keeps key short-term rate at 2% and hints that it could stay there for a while as Ben Bernanke and Co. cite risks of inflation and a slowdown.
By Chris Isidore
August 5, 2008


The New York Times

Profit Falls at French Bank Hit by Trading Scandal

By Matthew Saltmarsh
August 6, 2008


FinancialTimes.Com

StanChart warns growth set to slow

By Peter Thal Larsen
August 5, 2008


The New York Times

Booming China Suddenly Worries That a Slowdown Is Taking Hold

By Keith Bradsher
August 5, 2008


SJ Mercury News.com

Service sector contracts as new orders fall

By Ellen Simon
August 5, 2008

Economist.com

Business This Week

By Economist.com
August 5, 2008


CNNMoney

Oil falls to lowest level in nearly 3 months
Crude futures end the day more than $2.50 lower after OPEC president says there is adequate supply and prices are much too high.
By Kenneth Musante
July 29, 2008


The New York Times

Fed Report Says Economy Continued to Slow

By Associated Press
July 24, 2008


The New York Times

Woes Afflicting Mortgage Giants Raise Loan Rates

By Vikas Bajaj
July 23, 2008


The New York Times

Leading Indicators Fell 0.1% in June

By Reuters
July 22, 2008


The New York Times

With Offer, Europe Tries to Spur Trade Talks

By Stephen Castle
July 22, 2008


FinancialTimes.Com

US food groups plan hefty price rises

By Elizabeth Rigby and Hal Weitzman
July 20, 2008


FinancialTimes.Com

America braces itself for a second dip

By Krishna Guha
July 17, 2008


The New York Times

Opposition, From Both Parties, Over Bailout Plan

By Stephen Labaton and David M. Herszenhorn
July 16, 2008


The New York Times

Scramble Led to Rescue Plan on Mortgages

By Stephen Labaton
July 15, 2008


Economist.com

Business This Week

By Print Edition
July 15, 2008


CNNMoney

Fed's war against shady home loans
In a nod to consumer advocates, regulators require lenders to evaluate subprime borrowers' ability to pay while banning most prepayment penalties.
By Tami Luhby
July 14, 2008


FinancialTimes.Com

US bail-out fails to calm nerves

By FT Reporters
July 14, 2008


The New York Times

Home Sales Rose Slightly in May

By Michael M. Grynbaum
June 27, 2008


The New York Times

London Exchange Plans New Trading System

By David Jolly
June 27, 2008


FinancialTimes.Com

Libyan warning pushes oil price past $140

By Chris Flood and Javier Blas
June 26, 2008


San Francisco Chronicle

Short seller sees trouble for the economy

By Kathleen Pender
June 26, 2008


Economist.com

Economist - Business

By Economist.com
June 26, 2008


CNNMoney

Home prices post record 15.3% drop
Prices in 20 cities fall for 21st month in a row. One sign of hope: Pace of decline eased in many areas.

By Les Christie
June 22, 2008

CNNMoney

Oil tumbles $5 as China raises gas prices
Crude prices fall after China says it will raise gas and diesel prices and sentiment spreads about softening demand.

By Ben Rooney and David Goldman
June 19, 2008

CNNMoney

Paulson says Wall Street reform needed now
Treasury chief again pushes for giving more powers to the Federal Reserve. But this time he stresses the need to act quickly.

By David Ellis
June 19, 2008

The New York Times

Bernanke: Rising Health Costs a Strain

By Associated Press
June 17, 2008


The New York Times

Oil Nears $140 a Barrel; Weak Dollar Cited

By Associated Press
June 17, 2008


FinancialTimes.Com

Eurozone inflation hits 16-year high

By Ralph Atkins
June 16, 2008


SJ Mercury News.com

FCC chief recommends approval of Sirius, XM Satellite deal

By John Dunbar
June 16, 2008

FinancialTimes.Com

G8 sees rising inflation threat

By Chris Giles and David Pilling
June 15, 2008


CNNMoney

Inflation getting 'uglier and uglier'
Surging energy prices help drive annual cost-of-living rate rise to 4.2%.

By Chris Isidore
June 13, 2008

The New York Times

Energy Agency Reduces Forecast for Oil Demand

By Jad Mquawad
June 11, 2008


The New York Times

To Save Fuel, Airlines Find No Speck Too Small

By Micheline Maynard
June 11, 2008


Economist.com

All Business

By Economist.com
June 11, 2008


CNNMoney

Nation's economic pain deepens
Biggest jump in unemployment rate since 1986 - combined with energy and housing woes - stokes fears about recession.

By Chris Isidore
June 6, 2008

The New York Times

Unexpected Strength in Durable Goods

By Michael M. Grynbaum
May 29, 2008


Economist.com

Business This Week

From The Economist print edition
May 29, 2008


SJ Mercury News.com

Feds broker deal on home listings

By Sue McAllister
May 28, 2008

San Francisco Chronicle

Home prices nationwide plummet 14.1%

By Associated Press
May 28, 2008


SJ Mercury News.com

U.S. files complaint over European tech tariffs

By Associated Press
May 28, 2008

CNNMoney

Fed sees economy getting worse
Ben Bernanke & Co. lower 2008 economic growth forecast and raise their projections for inflation and unemployment; says last rate cut was a "close call."

By Chris Isidore
May 16, 2008

The New York Times

Leading Indicators Show Economy Remains Sluggish

By Associated Press
May 19, 2008


Economist.com

Quagmire to goldmine?

From The Economist print edition
May 19, 2008


The New York Times

Supreme Court Upholds Tax Exemptions for Municipal Bonds

By Associated Press
May 19, 2008


The New York Times

Oil Pushes Past $127 After OPEC Remarks

By Reuters
May 19, 2008


CNNMoney

U.S. to suspend oil reserve shipments
Crude still closes at new record as Saudis shut down Bush and Goldman Sachs predicts much higher prices.

By Steve Hargreaves and Kenneth Musante
May 16, 2008

The New York Times

Consumer Prices Rise, but Inflation Fears Ease

By Peter S. Goodman
May 15, 2008


CNNMoney

The Fed: Betting on a rate hike
Historically, the Fed has been quiet leading up to an election. But some traders think the Fed could raise rates as soon as October.

By Paul R. La Monica
May 14, 2008

FinancialTimes.Com

Freddie Mac rises after rules eased

By Saskia Scholtes
May 14, 2008


The New York Times

Oil Refiners See Profits Sink as Consumption Falls

By Jad Mouawad
May 14, 2008


FinancialTimes.Com

IMF points to inflationary threat in Gulf

By Simeon Kerr
May 13, 2008


WSJ.Com

The War for the Web

By Andy Kessler
May 6, 2008


FinancialTimes.Com

Fannie Mae to raise $6bn new capital

By Michael Mackenzie and Joanna Chung
May 6, 2008


The New York Times

New Price Drop Could Imperil Mortgage Agencies

By Charles Duhigg
May 6, 2008


FinancialTimes.Com

Oil surges above $122 a barrel

By Chris Flood and Michael Hunter
May 6, 2008


SJ Mercury News.com

Decker: Yahoo confident in product lineup

By Elise Ackerman
May 6, 2008

Economist.com

Business this week

From The Economist print edition
May 6, 2008


FinancialTimes.Com

US manufacturing contracts for third month

By Chris Bryant
May 1, 2008


CNNMoney

Farmer payouts, oil nabbed in food price runup
Congressional panel probes food inflation. Lawmaker blames subsidies to farmers but farming representative cites oil prices as 'main culprit.'

By Aaron Smith
May 1, 2008

The New York Times

Consumer Spending Stagnates as Prices Rise

By Michael M. Grynbaum
May 1, 2008


CNNMoney

Read the Fed's statement
The U.S. central bank cut key interest rate by 25 basis points to 2%.

By CNNMoney.com
April 30, 2008

Washington Post Online

A holiday from gas prices?

By Michael Dobbs
April 27, 2008

CNNMoney

Why the worst may be over
The credit crunch may be behind us and earnings have been better than expected. That could lead to happier times if the Fed starts focusing on inflation.

By Paul R. La Monica
April 25, 2008

The New York Times

New-Home Sales Fall to Low Last Seen in 1990s

By Michael M. Grynbaum
April 24, 2008


EuroIntelligence

Fed signals policy shift

By Eurointelligence
April 24, 2008


The New York Times

With First Car, a New Life in China

By Keith Bradsher
April 24, 2008


Economist.com

Business this week

From The Economist print edition
April 24, 2008


CNNMoney

Oil prices surge, 3rd straight record
Crude broke another record - reaching as high as $115.07 - after a government report shows that stockpiles fell more than expected last week.

By Kenneth Musante
April 16, 2008

The New York Times

In Fed Report, Signs of Continued Weakness

By Michael M. Grynbaum
April 16, 2008


The New York Times

Inflation and Growth Ease Somewhat in China

By Keith Bradsher
April 16, 2008


Economist.com

Business this week

From The Economist print edition
April 16, 2008


SJ Mercury News.com

Calling the future: Cell phone pioneer sees 'another revolution'

By Troy Wolverton
April 7, 2008

Economist.com

Business this week

From The Economist print edition
April 7, 2008


Bloomberg.com

Yellen Says Economy May Shrink, Must Be Ready to Act

By Vivien Lou Chen
April 3, 2008


The New York Times

UBS to Write Down Another $19 Billion

By David Jolly
April 2, 2008


FinancialTimes.Com

US manufacturing contracts for second month

By Chris Bryant
April 1, 2008


The New York Times

Insurers Faulted as Overloading Social Security

By Mary William Walsh
April 1, 2008


CNNMoney

Home prices: Down record 11%
The residential real estate market continues to deteriorate in 2008, with 20 key markets reporting steep drops.

By Ben Rooney
March 25, 2008

FinancialTimes.Com

Fannie, Freddie to boost mortgage market

By Saskia Scholtes
March 19, 2008


SJ Mercury News.com

Vindu's View: Bernanke's bailout for Wall Street puts taxpayers at risk

By Vindu Goel
March 19, 2008

SJ Mercury News.com

Venture Capital Survey

By MercuryNews.Com
March 19, 2008

SJ Mercury News.com

Public's anxiety worsens despite Fed's actions

By Mark Schwanhausser
March 18, 2008

Economist.com

Business this week

From The Economist print edition
March 18, 2008


The New York Times

Fed Acts to Rescue Financial Markets

By Edmond L. Andrews
March 17, 2008


The New York Times

Factory Data Adds to Economic Gloom

By Reuters
March 17, 2008


The New York Times

Fed Hopes to Ease Strain on Economic Activity

By Edmond L. Andrews
March 12, 2008


SJ Mercury News.com

Freddie Mac finance chief says company will not sell shares to raise capital - for now

By Associated Press
March 12, 2008

The New York Times

Gasoline at Record as Oil Hits $110

By Associated Press
March 12, 2008


Economist.com

Business this week

From The Economist print edition
March 12, 2008


CNNMoney

Foreclosures hit all-time high
Over 900,000 borrowers are losing their homes, up 71% from a year ago, and a record number of home owners are behind on payments.

By Les Christie
March 6, 2008

CNNMoney

Oil nears $105 for the first time
Unexpected drop in crude supplies, OPEC decision send prices to record high.

By David Goldman
March 5, 2008

FinancialTimes.Com

Bernanke warning rattles Asian markets

By Lindsay Whipp and Andrew Wood
February 29, 2008


CNNMoney

Income, spending higher than expected
Spending up mainly on price increases as inflation indicator comes in slightly above Federal Reserve's perceived target.

By David Goldman
February 29, 2008

The New York Times

Spending Flat as Inflation Persists

By Michael M. Grynbaum
February 29, 2008


FinancialTimes.Com

Eurozone growth outlook darkens

By Ralph Atkins
February 29, 2008


Economist.com

Business this week

From The Economist print edition
February 28, 2008


CNNMoney

Oil breaks $100, hits new all-time high
Crude soars as investors weigh the possibility of OPEC production cuts; Texas refinery explosion may have also lifted prices.

By Associated Press
February 19, 2008

Economist.com

Business this week

From The Economist print edition
February 19, 2008


CNNMoney

Five questions for Ben and Hank
Amid growing recession fears, Fed chair Bernanke and Treasury Secretary Paulson head to Capitol Hill. Here is what they should be asked.

By Chris Isidore
February 13, 2008

The New York Times

White House Does Not See a Recession

By Edmund L. Andrews
February 12, 2008


FinancialTimes.Com

Buffett bond plan puts heat on banks

By Aline van Duyn
February 12, 2008


The New York Times

Mortgage Crisis Spreads Past Subprime Loans

By Vikas Bajaj and Louise Story
February 12, 2008


FinancialTimes.Com

GM suffers record $39bn loss

By Bernard Simon
February 12, 2008


Economist.com

Business this week

From The Economist print edition
February 5, 2008


FinancialTimes.Com

US budget deficit set to hit $410bn

By James Politi
February 4, 2008


The New York Times

U.S. Factory Orders Rose 2.3% in December

By Associated Press
February 4, 2008


FinancialTimes.Com

China ‘on course for growth slowdown’

By Richard McGregor and Geoff Dyer
February 4, 2008


Fortune

The darker side of interest rate cuts
Markets like the Fed cuts and expect more. But lower interest rates could keep the dollar weak and ultimately threaten economic growth,

By Colin Barr
January 25, 2008

FinancialTimes.Com

Regulators may force banks into greater disclosure

John Gapper
January 25, 2008


The New York Times

Trading Partners Fear U.S. Consumers Won’t Continue Free-Spending Ways

By Peter S. Goodman
January 25, 2008


FinancialTimes.Com

Gold price soars on S African power cuts

By Alec Russell & Javier Blas
January 25, 2008


Economist.com

Business this week

From The Economist print edition
January 25, 2008


The New York Times

Bernanke Is Said to Support Stimulus Measures

By Edmund L. Andrews and David M. Herszenhorn
January 16, 2008


FinancialTimes.Com

Big drug companies raided in EU probe

By Andrew Jack
January 16, 2008


The New York Times

Inflation Continues to Edge Up

By Michael M. Grynbaum
January 16, 2008


CNNMoney

In case of emergency, slash rates
Some are calling for the Fed to cut rates sooner rather than later, since Wall Street thinks we're heading into a recession -- if we're not already in one.

By Paul R. La Monica
January 11, 2008

The New York Times

For Bernanke, a Question of Toughness

By Louis Uchitelle
January 10, 2008


CNNMoney

Bernanke: Fed ready to cut rates again
Chairman says central bank will act aggressively to prevent housing, credit problems from leading to a recession.

By AP
January 10, 2008

FinancialTimes.Com

Challenges for the world’s divided economy

By Martin Wolf
January 8, 2008


CNNMoney

Paulson defends 'freeze' plan
In a speech Monday, the Treasury Secretary said the subprime crisis raises the 'potential of a market failure.'

By Jeanne Sahadi
January 8, 2008

Economist.com

Business this week

From The Economist print edition
January 3, 2008


FinancialTimes.Com

Wall St start to new year worst in 25 years

By Chris Bryant
January 2, 2008


CNNMoney

Oil kicks off year by hitting $100
Violence in Nigeria, supply disruption in Mexico and the prospect of another drop in U.S. inventories and more rate cuts drive crude to triple digits.

By Steve Hargreaves
January 2, 2008

The New York Times

Housing, Credit and Financial Problems Drove Fed Rate Cut

By Associated Press
January 2, 2008


The New York Times

India’s Exports Surge Before an Expected Slowdown

By Bloomberg News
January 2, 2008




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