World Economic

Confidence among U.S. consumers unexpectedly dropped in December to a record on growing anxiety over the lack of jobs, raising the risk that spending […]

U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month as holiday sales are shaping up to be the worst […]

American Express Co. announced Tuesday that it had received preliminary approval for a $3.9 billion government bailout investment.
The capital injection will come from the […]

The federal and Ontario governments increased the pressure on thousands of auto workers at General Motors, Chrysler, Ford and scores of suppliers yesterday to accept […]

The group representing the U.S. music industry is abandoning its policy of suing people for sharing songs protected by copyright.
The Recording Industry […]

Chrysler LLC said on Wednesday that it would halt factory operations for at least a month, putting new pressure on the Bush administration to […]

Stock markets closed sharply higher today after the U.S. Federal Reserve cut its key interest rate to a range of zero to 0.25 per cent […]

Finally, some good health care news for consumers: Prices for generic prescription drugs, which already cost as little as one-third as much as their […]

While many other retailers are suffering from consumer cutbacks, Bakers Footwear Group Inc. isn’t exactly well-heeled but is stepping in the right direction.
The […]

The chief China economist of JPMorgan Chase warned on Monday that any mismanagement of the yuan exchange rate, toward excessive weakness of the currency, […]