A STRUGGLING US economy lost 159,000 jobs in September as the weight of the housing collapse and credit crunch hit a broad swath of industries, government data showed today
THE House of Representatives today re-convened to debate a revised economic rescue package, approved by Senate and sent back to the lower chamber after it kicked it out earlier in the week
FRENCH leaders scrambled to reassure consumers, voters and investors today, after the official statistics agency warned that the eurozone`s second largest economy had slipped into recession
THE share market was lower at noon, as nervous local investors await the outcome of tonight`s US House of Representatives vote on a new version of the $US700 billion ($888 billion) bailout of the financial markets
WORLD oil prices fell further today in a market increasingly worried that strains in the global economy are leading to a wider slowdown in energy demand, dealers said
PROPERTY giant Stockland is expecting around a 7 per cent decline in operating profit for the 2009 financial year, attributable to asset writedowns and impairment charges on its UK-based properties
ACTIVITY in Australia`s services sector declined for a sixth straight month, as turbulent financial markets and a weak housing market subdued the economy, a report shows
HOME borrowers may be disappointed next week if the major banks use global money market turmoil as an excuse not to pass on all of an expected cut in official interest rates
