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Market's Decline Deepens - Wall Street Journal
Layoffs and slashed profit forecasts at several bellwether companies led to a broad market sell-off Wednesday, with the Dow Jones Industrial Average off 250 points. Coupled with the worsening corporate picture were more downbeat reports on the labor ...
Read more...Stocks' New-Year Rally Fizzles - Wall Street Journal
Layoffs and slashed profit forecasts at Alcoa and Intel harshly reminded investors of the corporate-profit slowdown Wednesday, sending the Dow Jones Industrial Average down more than 250 points recently. An Automatic Data Processing jobs report ...
Read more...Bloomberg: China looking at zero growth in 2009 - Seattle Post Intelligencer
Anyone who said a year ago that China's economy was crisis-bound was dismissed out of hand. Today, skeptics have lots of company. "This year is going to be characterized by much, much weaker growth in China than I think people are anticipating," says ...
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