Big Three roadblock   11/20/2008
WASHINGTON - A Democratic Congress, unwilling or unable to approve a $25 billion bailout for Detroit's Big Three, appears ready to punt the automakers' fate to a lame-duck Republican president.

Premium air travel fell 8 percent in September   11/20/2008
ATLANTA - The number of passengers traveling on premium airline tickets dropped 8 percent in September, reflecting the severity of the global financial crisis and a slump in the confidence of manufacturers in the U.S., Japan and Europe, an industry trade group said in a report Wednesday.

The New Frugality   11/20/2008
Frugality is making a comeback.

The $25B question   11/19/2008
WASHINGTON - Detroit's Big Three automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save their teetering industrial titans from collapse, warning of economic catastrophe for the nation as well as their once-proud companies if they are denied.

Wall Street pulls off last-minute rebound   11/19/2008
NEW YORK - Wall Street rebounded Tuesday in another turbulent session, as investors rushed back into the market after the Standard & Poor's 500 index tested a 2003 low.

Home Depot posts losses   11/19/2008
CHICAGO - Home Depot Inc. gave investors a welcome surprise Tuesday, posting a better-than-expected third-quarter profit and offering Wall Street a second straight day of good news for the battered home improvement sector.

Union chief: Don't blame us for crisis   11/16/2008
COLUMBUS, Ohio - Even as Detroit's Big Three teeter on collapse, United Auto Workers President Ron Gettelfinger said Saturday that the problem is not the union's contract with the automakers and that getting the automakers back on their feet means figuring out a way to turn around the slumping economy.

Investors get used to stock shocks   11/16/2008
CHICAGO - During the darkest days of the stock market's slide last month, Jack Bass withdrew stock from his retirement accounts and literally felt sickened by what was happening.

Iran wants OPEC cuts   11/16/2008
TEHRAN, Iran - Iran called on OPEC on Saturday to cut production by a further 1 million to 1.5 million barrels per day when it meets in Cairo later this month, state television's Web site reported Saturday.

Bush defends bailout actions   11/16/2008
WASHINGTON - President George W. Bush, closing an emergency economic summit, said Saturday that decisive action had been required in recent weeks to save the United States from possibly falling into "a depression greater than the Great Depression."